Wednesday, January 20, 2021
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Degens for Hire: Based.Money Is Launching Moonbase, a Place for DeFi Projects to Find Community

BASED has a new method for aligning decentralized finance (DeFi) projects with each other. At its core is a smart contract called Moonbase, CryptoX has learned. Based.Money is a project of the Ghouls, a loose consortium of crypto developers, artists, designers and meme makers. Friday night, the outfit will release its

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A Former Beauty Queen Raised $12M to ‘Revolutionize’ Cannabis. The Courts Can’t Find Her

Investors in the 2017 Paragon Coin token sale want their money back, but they can’t find the celebrity couple behind the operation. “The attorneys representing the defendants have withdrawn as counsel,” said attorney Donald Enright, who represents plaintiffs in this crypto-fueled legal dispute. Enright added the defendants “defaulted” by failing to

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First Mover: Bitcoin Miners Find Upgrade Financing Aplenty, Even as Prices Languish

Even as bitcoin prices languish below $10,000, North American cryptocurrency mining companies are tapping into a flurry of fresh financing from investors to pay for new equipment upgrades, bolstering the blockchain network’s resilience and reducing its reliance on Chinese operators.   More than $1 billion of new bitcoin-mining computers will be purchased

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Millennials Are About to Find Out They Made a Horrible Bet on Airline Stocks

Retail investors aggressively bought airline stocks in May. Data from Germany and Indonesia show the world’s largest airline firms are recording billions of dollars in losses. As airlines face the risk of a permanent loss of clients, the appeal of airline stocks is questionable. Millennials have been scooping up airline stocks that Warren

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