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Investment firm Paradigm has launched a $2.5 billion venture fund to invest in the next generation of crypto companies and protocols. The firm believes that the “new fund and its size are reflective of crypto being the most exciting frontier in technology.” $2.5 Billion Fund for Crypto Industry Investment firm Paradigm announced
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The bitcoin miner’s third quarter revenue grew 484% year-over-year, and the company appointed Robert Loughran as its new Chief Financial Officer. Nov 15, 2021 at 3:27 p.m. UTCUpdated Nov 15, 2021 at 3:28 p.m. UTCGreenidge Generation mining facility (Getty Images) Original Source
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Oracles, according to Cryptopedia, are protocols for smart contracts in the blockchain industry to interact with external data. Smart contracts are essentially computer programs that run within a blockchain and automate a set of transactions when certain conditions are met. Thus, smart contracts contribute to the complete decentralization of the
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The online gaming industry has been on the rise for the past few years and for a good reason. From a global pandemic pushing an online revolution to the ever-increasing mobile and internet penetration, more people are spending more time online. It is no wonder the industry is big money, raking
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Bitcoin mining company Greenidge Generation is eyeing expansion into two new sites in Texas and South Carolina.The Nasdaq-listed firm announced Thursday it is entering into an agreement regarding potentially constructing new data centers in Texas. It also agreed to acquire printing company LSC Communications’ facility in South Carolina. It had
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Bitcoin mining firm Greenidge Generation Holdings (NASDAQ: GREE) plans to sell $50 million worth of five-year bonds.The Nasdaq-listed firm has entered into an agreement with an underwriter for the sale of $50 million worth of 8.5% senior notes due 2026, according to an SEC filing dated Oct. 8.The offering is
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BusinessThe bitcoin mining firm reported a preliminary net loss of $16 million to $19 million for the quarter ended Sept. 30.By Josh FinemanOct 4, 2021 at 2:14 p.m. UTCUpdated Oct 4, 2021 at 2:15 p.m. UTCGreenidge Generation mining facility (Caleb Parker) Original Source
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“We believe that Greenidge can fund this growth with cash on hand, free cash flow and borrowings,” B. Riley analyst Lucas Pipes wrote in a note. “The low probability of equity dilution is a key differentiation from the peer group.” B. Riley also covers mining firms Marathon Digital (NASDAQ: MARA)
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In the past 60 years, the life expectancy of the average newborn has increased by nearly 20 years — from 52.5 to 72, as of 2018. We’ve seen an incredible wave of technological innovation in this time: The introduction of the internet, medical breakthroughs and an enhanced understanding of public
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sponsored UwUFUFU.com, a content marketing platform, has successfully raised $1.7 million USD from early investors. Adopting the play-to-earn mechanism in the form of viral quizzes, anyone can create, play, share quizzes and earn NFTs through FUFU’s reward system. NFTs on FUFU function as a collectible and a potential membership to gain
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