Ryan Breslow, who stepped down as Bolt Financial CEO in January, launches Love, a DAO to fund clinical trials in alternate medicine, with $7.5M in funding (Steven Bertoni/Forbes)

Keerthi Vedantam / Crunchbase News:
Chicago-based Tempus, which uses AI for drug discovery, clinical trials, and diagnostics, raised $275M in equity and debt, bringing its total funding to $1.3B+  —  This is not your average raise.  —  Biotech upstart Tempus announced on Thursday it raised $275 million through equity …

Nelson Wang / CoinDesk:
The CFTC has fined the blockchain protocol bZeroX team $250K and filed an action against its successor Ooki Dao for offering illegal off-exchange crypto trading  —  The commission said bZeroX offered illegal, off-exchange trading of digital assets, and has also filed a civil action against the Ooki Dao.

Axios:
One-click checkout service Bolt is no longer buying crypto payments service Wyre; the deal was worth about $1.5B  —  One-click checkout company Bolt is no longer acquiring Wyre, the crypto payments company that it had agreed to buy for about $1.5 billion back in April.

Zinnia Lee / Forbes:
Hong Kong-based digital payments startup Reap, which is developing tools for Web3 companies, raised a $40M Series A led by Acorn, Arcadia, and HashKey  —  Reap, a digital payment company based in Hong Kong, has netted $40 million in a funding round aimed at developing infrastructure …

Ashlee Vance / Bloomberg:
Musk says Neuralink expects human trials to begin in about six months pending FDA approval, and unveils work on implants to treat paralysis and improve vision  —  Elon Musk’s Neuralink Corp. aims to start putting its coin-sized computing brain implant into human patients within six months …

Thomas Brewster / Forbes:
Police and other sources say Block’s Cash App has become one of the primary payment tools for sex traffickers, including due to lax user ID rules  —  The Twitter and Block billionaire made Cash App into a $700 million monster.  Now police officers, nonprofit critics and current and former employees …