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Decentralized exchange CoFiX, which aims to offer more accurate and less costly trading with a new oracle solution, has raised half a million dollars from several crypto investors including Huobi’s DeFi Labs, Dragonfly Capital and Coinbase Ventures. Many existing decentralized finance (DeFi) platforms such as UniSwap and Compound use oracles that
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Undoubtedly, digital media has taken giant leaps in the delivery of information, communication, and of course technology in the past few years. This leap has also made way for the digital currencies/payments to take the center-stage amid the rise of e-commerce and digital banking/financing products.Bitcoin is the hottest digital currency
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RioDeFi has revealed that a dozen VCs participated in its private sale, adding further credibility to a project
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GoldCoin is the first fractionalized gold-backed asset that is available for purchase directly with a national currency. The concept of ‘digital gold’ is not new. In the 1990s, E-Gold emerged as the world’s first virtual currency backed by physical gold. Millions took advantage of the service at its peak before E-Gold
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Bitcoin (BTC) will pass $20,000 if United States banks invest even 1% of their assets, one analyst believes.Discussing institutional uptake of Bitcoin on July 23, Capriole digital asset manager Charles Edwards said that it was “not hard to see” the unfolding trend.“Not hard to see where this is going”“If US
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Leading DeFi protocol Aave has raised $3 million from Framework Ventures and Three Arrows Capital. The investment firms purchased $3 million of Aave’s native token LEND at $0.10 per token, a stake which is now worth around $7 million.Both firms will take an active role in growing the Aave ecosystem
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Following in the footsteps of Facebook and Intel investing in Jio Platforms, Google may finalize its deal worth $4 billion in the coming week. The talks are already in process.Google through its parent company Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) is reportedly advancing its negotiations to invest $4 billion in
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Google has launched an India Digitization Fund and is going to invest $10 billion through partnerships and infrastructural efforts.Google LLC (NASDAQ: GOOG) (NASDAQ: GOOGL) has declared its intentions to invest $10 billion in India within the next seven years, to speed up the country’s transition to a digital economy. Since
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Rossari Biotech is going for an IPO. Its equity shares will be listed on the NSE and BSE. The likely date of listing is July 23.Rossari Biotech has kickstarted subscription for its initial public offering (IPO) today. The issue will be opened until Wednesday, July 15, with a price band
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Over the past four years, the United Nations International Children’s Fund has been investing in startups applying open-source technology, hoping to make the world a better place, but is looking to step up its game even further now.Cecilia Chapiro, an investment advisor at UNICEF Ventures, told Cryptox that UNICEF had
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