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Avalanche blockchain developer AVA Labs has closed a $12 million private sale of its AVAX token. The funding round was co-led by Galaxy Digital, Bitmain, Initialized Capital, NGC Ventures and Dragonfly Capital, and included other undisclosed individual investors. The sale precedes a planned public offering of the Avalanche token to U.S.
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The Dow Jones rallied for a second straight day on Wednesday. Stock market bulls dragged prices higher despite boiling tensions between the U.S. and China. Hong Kong is no longer deemed independent from Beijing, which could have wide-reaching implications for the Dow. The Dow Jones Industrial Average (DJIA) brushed
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The Chinese ASIC mining rig manufacturer Bitmain reportedly pulled in $300 million in revenue during Q1 2020. Meanwhile, as Bitmain claims to be regaining market share, the firm Ebang recently applied with the U.S. Securities and Exchange Commission (SEC) for initial public offering (IPO) status. However, the prospectus sent
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Many bold predictions about bitcoin’s price have been made over the years, but tech entrepreneur John McAfee’s 2017 claim that BTC would
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