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With the new funds, Sierra Space intends to extend its flight activities to the space station and also focus on commercializing the lower earth orbit at scale for affordable operations. Privately held commercial space company Sierra Space is reportedly about to close a funding round with $300 million at a total
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Proof of Play, a company led by Farmville co-creator Amitt Mahajan, raised $33 million to create Web3 games, according to a Sept. 21 announcement. Majahan is the CEO of Proof of Play, and Twitch co-founder Emmett Shear is a board member.The funding was co-led by Chris Dixon at Andreessen Horowitz
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The United States may soon have a Bitcoin-only trust company, according to plans disclosed by BitGo and Swan Bitcoin on Sep. 15. The joint venture is pending regulatory approval, the companies said in a statement.The forthcoming entity will handle similar activities of a trust company, including Bitcoin custody, administration and
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The new Bitcoin-only trust company will combine expertise from BitGo and Swan Bitcoin to drive adoption with minimal exposure. California-based crypto custodian BitGo Inc and Bitcoin services firm Swan are working to create a Bitcoin-only trust company. The new firm will offer customers Bitcoin custody without the risk of exposure to the
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Binance US, the American subsidiary of the crypto exchange giant, has laid off 100 employees, or a third of its staff, following the departure of its CEO. Bloomberg reports that the former CEO, Brian Shroder, who joined Binance in September 2021, will be temporarily replaced by Norman Reed, the Chief Legal
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Stoner Cats 2 LLC (SC2), the company behind the Stoner Cats animated series, has agreed to a cease-and-desist order and other measures imposed by the United States Securities and Exchange Commission (SEC) after being charged with conducting an unregistered offering of crypto asset securities in the form of nonfungible
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The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 13, 2023. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
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The impact of regulatory challenges on the exchange’s market share has been notable. Binance.US has experienced a substantial decline in its market presence in the United States. Brian Shroder, the CEO of Binance.US, the American arm of the world’s largest exchange, has resigned from his position as the company grapples with
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The company disclosed that its expansion into Singapore is not an isolated endeavor but a part of its broader global strategy. In a bid to cater to the surging demand for secure digital asset storage solutions in the Asia-Pacific region, Zodia Custody, a crypto storage provider and subsidiary of Standard Chartered
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