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The Daily: Binance lands $2 billion investment, Sony's Soneium plans to bring LINE's mini-apps onchain and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Happy Wednesday! This morning's U.S. CPI data gave the crypto market a glimmer of hope with inflation coming in slightly lower than expected — briefly lifting bitcoin. But, as has been the case with recent rallies, the gains were short-lived, quickly retracing as recession fears grow.
In today's newsletter, Binance secures a $2 billion landmark investment, Rumble discloses holding $17 million in bitcoin, Soneium plans to bring LINE's mini-apps onchain and more.
Meanwhile, the Venice airdrop comes to an end, with around $100 million worth of unclaimed VVV tokens burned.
Let's get started.
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