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“NFTs are the driving force behind a new generation of internet products and services that are sharing value directly between the millions of developers, artists, collectors, and even gamers that participate – rather than platforms that simply act as a middleman,” said Arianna Simpson, general partner, A16z Crypto, in a
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The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Yield Guild Games (YGG), a decentralized gaming startup, said it invested $175,000 in Merit Circle to help “bring play-to-earn to the masses.”YGG said it will work with Merit Circle, also a decentralized autonomous organization (DAO) focused on gaming, to expand its play-to-earn scholarship model that is focused on developing countries.YGG
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Ark Investment Management CEO Cathie Wood expects the price of bitcoin to be more than $500,000 in five years’ time, which is over 10 times what it is today. She also shared her view on cryptocurrency regulation and Coinbase’s trouble with the U.S. Securities and Exchange Commission (SEC). Cathie Wood’s Ark
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Once Tesla accepts Bitcoin as a form of payment, it is expected to increase the demand for BTC to new heights that affects the market price directly.In an SEC filing on Monday, Tesla Inc (NASDAQ: TSLA) announced that it invested $1.5 billion in Bitcoin (BTC). The mega-tech and automobile company
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Elon Musk’s Tesla invested $1.5 billion in Bitcoin, according to its latest filing with the US Securities and Exchange Commission. The American vehicle giant reported that it changed its investment policies in January 2021 to “further diversify and maximize returns” on the cash it did not require for operational liquidity.
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Stani Kulechov used to think angel investing would distract him from leading his company, Aave, one of the top money markets in decentralized finance (DeFi).Attention on Aave proved to be well spent: This time last year, Aave only had a few million dollars worth of crypto in it; since then
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The Stellar Development Foundation has invested in blockchain payments company Wyre to boost support for financial applications in the Stellar ecosystem.The Foundation said the $5 million Enterprise Fund investment in Wyre will introduce a variety of payment application programming interfaces (APIs) that can be used by apps on the Stellar
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