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Kineko Announces Migration to Solana Following $41 Million In Volume Turnover

Kineko, a high-throughput sports betting and prediction markets protocol with the real-time settlement, has officially migrated to Solana. The company has gained substantial momentum since its inception on the Ethereum network and continues to be a leader in the crypto betting space. To date, Kineko has a volume turnover totaling

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Kucoin Labs Launches $100 Million Metaverse Investment Fund – Bitcoin News

Kucoin Labs, the investigative and investment arm of Kucoin, a cryptocurrency exchange, has launched a $100 million fund to incubate early metaverse related projects. These include blockchain gaming initiatives, NFT platforms, and decentralized platforms, among others. The support will also include direct involvement with the projects selected, including counseling about

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Eldrige leads Digital Currency Group’s maiden $600 million debt funding round

On Thursday, the Digital Currency Group (DCG) announced that it has raised $600 million in a new credit facility, making its debut into the debt capital markets. The debt funding round was led by private equity firm Eldridge.The company stated that the increase, which provides DCG with a credit facility enabling

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KuCoin Labs Launches $100 Million Venture Capital Fund To Empower Early-Stage Metaverse Projects

KuCoin Labs, the company behind the world's sixth-largest cryptocurrency exchange by trading volume with more than 500 crypto assets listed, announced on Wednesday that it would be launching a $100 million metaverse fund for early-stage projects. The money is also available for entities that develop blockchain-based games, nonfungible tokens, and

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South African Fintech Raises $120 Million in Funding Round Led by Fidelity – Fintech Bitcoin News

A South Africa and London-based fintech startup, JUMO, recently revealed it has raised $120 million in a funding round led by Fidelity Management & Research Company. AI-Powered Financial Services According to a report by Techcrunch, financial services giant Visa and Kingsway Capital also participated in the funding round, which now sees

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Unnamed South African Investor Proposes Buying 51% Stake in Collapsed Crypto Firm for $5 Million – News Bitcoin News

An unknown investor has proposed to acquire a 51% stake in Africrypt — the collapsed cryptocurrency investment company — for a purchase price of $5 million. However, in exchange for the offer, the investor wants all criminal proceedings against Africrypt directors dropped. Offer Must Be Supported by 75% of Creditors According to

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Over 3 Million Customers Can Earn Bitcoin Points Dining at 500 Restaurants via Landry’s Rewards Program – Featured Bitcoin News

Millions of customers dining at 500 restaurants across the U.S. will soon be able to earn bitcoin points, thanks to a partnership between restaurant giant Landry’s and New York Digital Investment Group (NYDIG). In addition, Landry’s said it will buy bitcoin for its treasury. “We view bitcoin as a good

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US Treasury Sanctions 2nd Cryptocurrency Exchange, Seizes $6.1 Million – Regulation Bitcoin News

The U.S. Treasury Department has sanctioned a second cryptocurrency exchange “for facilitating financial transactions for ransomware actors.” Two ransomware operators have also been sanctioned and $6.1 million in funds were seized. US Treasury Sanctions Another Cryptocurrency Exchange The U.S. Department of the Treasury announced Monday that its Office of Foreign Assets Control

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