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Bloomberg: Stripe is Considering Acquiring PayPal's Entirety or Part of its Assets

2 hours ago

February 25th — Bloomberg, citing people familiar with the matter, reports that payment processor Stripe is weighing a full or partial acquisition of PayPal assets. Discussions are in early stages, and a deal is not guaranteed, the sources added. Representatives for Stripe and PayPal declined to comment. On Tuesday, PayPal’s stock dropped 6.7% to $47.02 in New York trading, valuing the company at roughly $43.3 billion. Founded in the late 1990s, PayPal was a digital payments pioneer but has struggled to modernize its payment technology in recent years amid competition from Apple, Google and other rivals. Stripe — founded by brothers Patrick and John Collison — has emerged as one of the industry’s most coveted players. Earlier Tuesday, the company disclosed a $159 billion valuation via an employee tender offer.
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Vitalik Praises AI Company Anthropic for Upholding "No Large-Scale Social Surveillance" Ethical Line

**Feb. 25 Update: Vitalik Buterin Endorses Anthropic’s AI Safety Pledges** Vitalik Buterin tweeted his support for AI firm Anthropic’s commitments to: - Not develop fully autonomous weapons; - Avoid large-scale surveillance in the U.S. He praised Anthropic’s resolve amid government pressure, arguing that in an ideal world, high-risk AI applications should be restricted to open-source large language model (LLM) access levels. Even 10% progress toward this standard, he noted, could reduce risks of autonomous weapons and privacy violations, fostering safer AI development. **Background**: The Pentagon recently threatened to cut ties with Anthropic—potentially costing the company a $200 million contract—after Anthropic refused to provide AI technology for military use without human oversight.

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Trump: Tariffs Will Continue to be Implemented and Will Replace Income Tax

February 25th: U.S. President Trump said the Supreme Court’s ruling is regrettable. Nearly all countries and organizations want to keep the tariff agreement they reached. Tariffs will remain in place. Tariffs will replace income tax. Congress need not act on tariffs. (FX168)

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Elon Musk's AI Company xAI Reaches Agreement with the Pentagon to Use Grok System in Classified Systems

February 25: Axios reports Musk’s AI firm xAI has struck a deal with the Pentagon to integrate its Grok model into a classified system — marking the first AI model besides Anthropic’s Claude to gain access to the military’s most sensitive intelligence and weapons development workflows.

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CoinShares Launches HYPE Staking ETP

**February 25 — Official sources confirm CoinShares has rolled out a staking-enabled HYPE ETP, offering investors a regulated, institutional-grade way to gain exposure to Hyperliquid’s native token HYPE. The product features a 0% management fee and an annual yield of 0.5%.** ### Notes on American English adaptation: 1. **Concise structure**: Uses an em dash (`—`) to lead with the date (common in U.S. financial briefs) 2. **Natural phrasing**: - "rolled out" (casual yet professional for product launches, preferred over "launched" in fast-paced updates) - "gain exposure to" (standard financial jargon for accessing an asset, more precise than "investment opportunity") - "features" (highlights key benefits clearly, vs. the passive "with") 3. **Clarity**: Restructures "Hyperliquid native HYPE token" to "Hyperliquid’s native token HYPE" (possessive + direct labeling, easier to parse) 4. **Brevity**: Omits redundant "according to official sources" repetition, frontloads critical p

7 minutes ago

A Whale Rug Pulls on WBTC and WEETH, Losing $1.188 Million

On February 25, on-chain analyst Ai Auntie (Twitter: @ai_9684xtpa) noted that the crypto address 0xeAB…1a414 has offloaded $2.63 million worth of WEETH and $3.266 million worth of WBTC on-chain in the past four hours, totaling $5.9 million in assets sold. The WEETH held in this address was acquired over a year ago at an entry price of $3,022.31 and sold at $2,082.62, incurring a loss of $1.188 million.

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China's Supreme Court to Strengthen Judicial Response to New Types of Financial Cases such as Virtual Currency

**Feb. 25: China’s Supreme People’s Court (SPC) Press Conference Highlights** On February 25, the SPC held a press conference focused on *“Civil and Commercial Trials: Judicial Services Supporting High-Quality Economic and Social Development.”* Key plans for the new year include: 1. Issuing judicial interpretations on civil compensation for securities market insider trading and market manipulation; 2. Conducting in-depth research on judicial responses to new financial cases (e.g., private equity funds, virtual currencies); 3. Strengthening the financial judicial protection system. Additional priorities: - Continuing research and guidance to optimize private firms’ governance structures; - Further solidifying equal legal protection for the legitimate rights of private enterprises and entrepreneurs; - Accelerating the release of judicial interpretations supporting the new Company Law; - Enhancing judicial research on disputes involving various market entities and p

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