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PayPal (PYPL) is looking into launching its own stablecoin as the company grows its crypto business, a company spokesman confirmed to CoinDesk on Friday. Sources told CoinDesk in September that PayPal subsidiary Curv was actively working on developing a stablecoin.“We are exploring a stablecoin; if and when we seek to
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BOSAGORA signed a business partnership with PIST TRUST, a blockchain-based digital asset management platform. BOSAGORA, a public blockchain platform specialized in Metaverse, launched the MetaCity Forum in May, has signed partnerships with promising companies such as AIITONE, BRI (Canada), IBK Securities, KB Capital, Finger, Crowdy, etc. to build an expanding ecosystem. The
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Enterprise blockchain has come a long way since its inception in 2017. Blockchain for enterprise use initially began as a technology built on private, permissioned networks, primarily used for supply chain management. As blockchain matured overtime, enterprises began to leverage public, permissionless networks like Ethereum to conduct business. Fast forward to
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Cohen-Pavon, a former attorney who joined London-based Celsius in September 2020, set up NNY Capital Ltd. on May 5, 2021 with Oved, who later transferred his shares to his wife, Liat Kurtz-Oved, the owner of an Israeli call center that ran the binary options website PlusOption.com, the online newspaper reported. Source
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A governance proposal floated by the Aave community centered around the platform’s code licensing ended on Tuesday, with 55% voting for the ecosystem to apply for a ‘business license.’“This vote is essentially a signal on whether or not the Aave community wants to protect its Intellectual Property from unauthorized use,
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“Once fully operational, these sites are expected to have 4,398 petahash capacity, a fleet of 33,000 mining rigs, revenue potential of approximately $270 million per annum with an EBITDA margin of approximately 87% based on forecast bitcoin prices,” the company said. Source
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“I feel remarkably happy and vindicated,” Wright said in the courtroom hallway after the verdict was announced. “I am not a fraud, and I never have been.” He added that he had offered Kleiman’s estate, represented by Dave’s brother Ira Kleiman, “12 million many years ago, which if he had
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Galaxy Digital, a cryptocurrency brokerage and merchant bank founded by billionaire investor Michael Novogratz, announced on Monday that it would be issuing $500 million in exchangeable senior notes to accelerate business initiatives. The debt is convertible into company equity and bears an interest rate of 3% per annum, with maturity
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Grayscale, a leading cryptocurrency asset manager, seems to have set its gaze on the metaverse as a business opportunity. Yesterday the company released a report where it examined the feasibility of this interconnected virtual world and how these economies can provide a profitable entry for investors, considering this area could
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DappRadar, a popular platform that provides analytics and portfolio tracking for the decentralized application (DApp) and nonfungible token (NFT) markets, has announced an upcoming company restructuring to a decentralized business model, in addition to releasing a native governance token, RADAR.Founded in 2018, the site currently boasts over 4 million global
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