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The Winklevoss twins’ crypto exchange Gemini will allocate capital from its $400 million funding round into building a “Gemini experience in different Metaverses.” Gemini announced that it had closed a $400 million equity growth funding round at a valuation of $7.1 billion on Nov. 18, marking the first time the
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Having a diversified portfolio is essential for any serious investor. There is a good reason behind the popularity of the phrase, “don’t put all your eggs in one basket” when it comes to assets. One basket, in this case, would be equivalent to investing in only one asset – and
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World leaders at the COP26 climate summit this month promised to end deforestation by 2030. But significant challenges to achieving the goal remain to be overcome. The Cambridge Centre for Carbon Credits, based at the University of Cambridge, this week launched with the goal to build a decentralized marketplace of
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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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press release PRESS RELEASE. Prague, Czech Republic, 5 Nov 2021, StackSwap, the first complete DEX and Launchpad on the Bitcoin Network has announced the completion of its private round. According to the official press release, the blockchain platform was able to raise $1.3 million during the funding round. The investment
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Matter Labs has announced a major new funding round to further develop the second version of its Ethereum-based rollups, zkSync.On Nov. 9, Matter Labs announced it had secured $50 million in a Series B round led by Andreessen Horowitz and included participation from existing investors Placeholder and Dragonfly Capital. The new
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Digital bank Revolut is looking to hire a tech lead to build a crypto exchange, according to a new job posting.The successful candidate will be “leading a technical team to architect and build Revolut Crypto exchange,” according to a job ad posted on LinkedIn on Thursday.Revolut is looking for experience
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The government of El Salvador is embarking on its next Bitcoin-related project which involves building schools using profits the nation has made on the asset.Profits or the “surplus” from the state’s Bitcoin Trust account will be channeled into the construction of 20 schools according to President Nayib Bukele. On Nov.
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A new draft of the Build Back Better Act – U.S. President Joe Biden’s hoped-for spending bill – still contains language meant to close tax loopholes that cryptocurrency investors could exploit.A section of the Rules Committee print of the bill, dated Oct. 28, adds cryptocurrency transactions to the constructive sale
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press release PRESS RELEASE. The next-generation NFT Infrastructure – Label Foundation has announced the successful completion of its private sale round. Supported by many leading VCs and famous Grammy-winning artists, the NFT platform raised $1.0 million during the private sale that generated major interest from top investors and venture capitalists
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