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Bpifrance, a French state-owned investment bank, plans to invest 25 million euros ($27 million) in digital assets as part of an initiative to strengthen the country's blockchain industry.The bank will buy and hold crypto tokens related to decentralized finance (DeFi) tokenization, staking and staking, it said on Thursday.The plan is
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GameStop (GME) has priced its previously announced private offering of $1.3 billion in convertible senior notes, setting the stage for the company's foray into having bitcoin (BTC) on its balance sheet.The zero-coupon notes, due in 2030, will initially convert at a rate of 33.4970 shares per $1,000, representing an initial
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Artificial intelligence-focused firm CoreWeave raised $1.5 billion for its initial public offering (IPO), valuing the company at roughly $23 billion, Bloomberg reported on Thursday night, confirming earlier reports that it had downsized its IPO.The cloud provider sold 37.5 million shares at $40 each. It had initially planned to sell 49
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The Sei Foundation, the nonprofit development organization behind the layer-1 blockchain Sei (SEI), is exploring the acquisition of bankrupt personal genomics company 23andMe and putting the genetic data of 15 million users on blockchain rails. The foundation announced the initiative in an X post on Thursday, calling the plan its
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Shares of GameStop (GME), the embattled video game retailer turned memestock darling, plunged 25% on Thursday, more than erasing all the gains since the company earlier this week announced it will add bitcoin (BTC) as a treasury reserve asset.GME fell to just above $21 during the session, trading at its
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Paul Atkins, the former member of the U.S. Securities and Exchange Commission that President Donald Trump has tapped to run the agency, assured a different direction for the agency on crypto from the last four years, though he wasn't pressed with big-picture digital assets questions during a Thursday confirmation hearing.Now
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Remittance app Abound raised $14 million in a seed round following investment from crypto heavyweights Circle Ventures and the Near Foundation.The app aims to be a financial bridge between non-resident Indians (NRIs) and India, and has processed $150 million worth of remittances with about 500,000 monthly active users. Abound is
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The synergy of political endorsement and highly speculative assets like meme coins was always bound to be disastrous, and the recent LIBRA scandal was a clear reflection of this concern.Crypto has come a long way over the past decade. Mainstream adoption, institutional interest, and regulatory clarity helped the industry gain
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CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 2731.35, up 0.4% (+11.44) since 4 p.m. ET on Wednesday.Twelve of 20 assets are trading higher.Leaders: SUI (+7.1%) and AAVE (+3.6%).Laggards: DOT (-1.6%) and XRP
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Tether, issuer of $144 billion dollar stablecoin USDT, has boosted its stake in Latin American agricultural firm Adecoagro (AGRO).The $12.41 per share offer, which is subject to certain closing conditions, would take Tether's stake in Adecoagro from 51% to 70%, according to an announcement on Thursday.AGRO shares jumped over 7%
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