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Oil and gas major Shell recently reported its highest-ever profit inflow of approximately $40 billion for 2022.Shell (LON: SHEL) has posted its highest-ever annual profit of $40 billion, which comes in the company’s full-year 2022 earnings report. On Thursday, the British multinational oil and gas firm reported adjusted earnings of $39.9
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Breed VC, a new crypto-focused firm, has closed fundraising for its first fund and brought in a “considerable portion” of its $20 million target, founder and general partner Jed Breed told CoinDesk during an interview. The fund was backed by prominent crypto investor Nic Carter, Tribe Capital and Shima Capital,
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The startup, formerly known as FQX, lets companies raise money through debt securities. Source
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The monetary authority in Moscow has expressed support for the latest legislative attempt to legalize cryptocurrency mining. However, the regulator wants the extracted digital currency to be sold outside the country or only under special legal regimes in Russia, as an exception. Russia’s Central Bank Suggests Restrictions Be Added to Proposed
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O’Leary says no one should be accused yet until pieces of evidence reveal the real truth about FTX.Popular “Shark Tank” host and chairman of O’Shares Investments Kevin O’Leary appears to be drumming support for FTX exchange’s former CEO Sam Bankman-Fried (SBF). This follows after he made commentaries on Tuesday, that
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Bitcoin (BTC) stayed undecided on Nov. 24 as one trader reinforced a $12,000 BTC price target.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price "main target" for bottom $12,000-$14,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $16,500 as an eerie calm continued on the market.The pair nonetheless failed to
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The Canadian cryptocurrency exchange Bitvo has terminated its expected acquisition agreement with FTX to continue operating independently.Bitvo’s shareholder, Pateno Payments, has discontinued the acquisition deal with FTX Canada and FTX Trading in accordance with the agreement terms, Bitvo announced on Nov. 15.The firm emphasized that its operations have not been
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Still, the events of this month, where one of crypto world’s pillar companies is under investigation as an epic fraud, will play a part. Congressional hearings will likely question what happened with FTX, and the new lawmakers will have to consider appropriate legislation in what could be the most important
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The world’s largest cryptocurrency exchange Binance will not go through with purchasing the rival crypto exchange FTX. The company noted that after due diligence and “news reports regarding mishandled customer funds,” Binance has decided not to pursue the FTX acquisition. Binance Drops the FTX Acquisition After the crypto exchange Binance revealed
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Software giant Microsoft has made a $14.8 million investment in Wemade, a Korea-based blockchain gaming services company that has recently launched its own stablecoin, named Wemix. The company was part of a $46 million investment round, that also saw the participation of two more companies: Shinhan Asset Management and Kiwoom
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