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California-based online payments company Bolt is pulling out of an agreement to buy crypto provider Wyre. The news of the scrapped deal, which was agreed to earlier this year, comes amid plunging valuations in the crypto and fintech sectors. Bolt Gives Up Plan for $1.5 Billion Wyre Acquisition Bolt Financial, a U.S.
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According to the SEC filing, Samarity had sold $1 million in an equity offering with a $1.5 million target. The offering also covers options, warrants or other rights to acquire another security. Sales for the offering began on Aug. 25 and the capital raised to date has come from one
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The announcement came during a high-profile and long-anticipating minting that’s taken the Solana NFT community by storm. Original Source
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Snap Inc's CEO Evan Speigel announced in a note on Friday that the company had made the difficult decision to reduce the size of its workforce by approximately 20%. The note said that this round of layoffs comes after the company experienced slow revenue growth, a slump in stock prices, and a
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Binance CEO Changpeng Zhao (CZ) has hit back at critics and conspiracy theorists who claim Binance to be a Chinese-based “criminal entity” that “secretly [belongs] in the pocket of the Chinese government.”CZ's response to critics came from a Sept. 1 blog post via Binance, and stems from a Twitter spat
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The filing shows that Contribution Labs has raised $2,4 million toward its goal from two investors since the offering opened on Aug. 15. The offering involves a simple agreement for future equity, or SAFE, an arrangement where an investor pays cash now to receive equity in a company at a
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Bitbase, a cryptocurrency store and ATM company headquartered in Spain is preparing to open operations in Venezuela this year. The company is now looking for employees for the stores and crypto ATMs that will be opened. Bitbase would be one of the first international exchanges to open an office in
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Fung previously worked in product management at SoftBank-backed financial technology company Digits, but New York-based Mural has strong ties to Palantir, which was founded by billionaire Peter Thiel. Mural CEO Sinclair Toffa and co-founder and chief technology officer Arthur Kam both worked at Palantir as technical leads and engineers. Mural
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MetaSolare is a new Web3 startup for “Music Fi”, “Anime Fi”, and “Game Fi” whose co-founders include DJ Steve Aoki and Masato Matsuura, founder of Japanese Entertainment Company Avex. Today the project made its official launch, releasing details of its upcoming Web3 project, which are available on its official website. The
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The move from Gate.io, which has an ecosystem that includes a cryptocurrency exchange, blockchain, decentralized finance and more, comes as the group is looking to expand globally and strengthen confidence in its operations. The license from the Registry for Trust and Company Service Providers follows a move into Malta in
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