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Crypto exchange Bitfront shuts down

Bitfront, a US crypto exchange backed by Japanese social media firm Line Corp, said it has suspended new sign-ups and credit card payments and will cease operations in a few months despite efforts to overcome challenges in the rapidly evolving industry. "However, despite our efforts ... we have regretfully determined that we need to shut down Bitfront in order to continue growing the LINE blockchain ecosystem and LINK token economy," the California-based company said in a statement on its website. Bitfront said the move…

Meta Dredges Sensitive Data for Over 100 Rival Companies

As much as Meta has gobbled up rival social apps and tech companies over the years, it’s still trying to make the case that it isn’t anticompetitive.Photo: mundissima (Shutterstock)An ongoing Federal Trade Commission lawsuit against Meta has claimed the tech giant has been anticompetitive. How does Meta respond? By demanding the sensitive data of hundreds of tech companies, including several of its biggest rivals and competitors.Bloomberg first reported on Meta having filed 132 subpoenas of some of the biggest tech and