Friday, September 30, 2022
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Elon Musk Was Mulling Creating a Blockchain-Based Social Media Firm Before Offering to Buy Twitter

Although Twitter founder Jack Dorsey appeared to be supportive of Musk's takeover offer, things quickly sour between Musk and Agrawal. Through April, Dorsey attempts to smooth things over, even saying he wants to make sure Agrawal does "everything possible to build towards" Musk's goals until the deal is closed. But

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Circle Launches Cross-Chain Transfer Protocol, USDC Issuer Acquires Payment Orchestration Firm Elements – Bitcoin News

On Thursday, at the Converge22 event in San Francisco, Circle announced the acquisition of the payment orchestration company Elements. Circle explained that the acquisition includes plans to “quickly scale payment offerings.” Circle says the new service will make it easier for merchants to integrate their existing points of contact with

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Crypto Custody Firm Anchorage Digital to Be A Preferred Custodian for Layer 1 Blockchain Aptos Labs

Cryptocurrency custody firm Anchorage Digital is set to become Aptos Labs’ preferred institutional custodian at their mainnet launch, the firm announced Tuesday. Anchorage, the first federally chartered crypto bank in the U.S., will support the layer 1 blockchain by allowing institutions to build on Aptos, including via non-fungible tokens (NFTs),

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Crypto Futures Exchange CoinFLEX’s Creditors to Own 65% of Firm After Reorganization

In the reorganization creditors would own 65% of CoinFLEX. Meanwhile, existing Ordinary Series A shareholders, including the CoinFLEX founders, would lose their equity stakes. Series B investors are to remain shareholders and can be incentivized with future equity over time in the event they bring value to the business. Source

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