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The Asian gaming giant pitched a 12-month plan to shareholders focused on accumulating Bitcoin, Ethereum, and other cryptocurrencies amid growing bullish sentiment in digital asset markets. Hong Kong e-gaming company Boyaa is lining up a move that would translate into tens of millions of dollars injected into cryptocurrencies. The company’s board
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The new blockchain called NewChain will be closely linked with Ethereum, promising increased governance security of the ecosystem. MakerDAO, the issuer of the DAI stablecoin, has revealed its plans for a major update it calls the “Endgame”, this follows after the platform recently published a detailed roadmap of the upcoming update. According
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“Receivables financing is one of the oldest commercial finance products,” and AQRU hopes to get a “first-mover advantage” by bringing this traditional investment strategy to crypto investors who are seeking conservative investments to earn a yield, Phil Blows, chief executive of AQRU, told CoinDesk in an interview. Original Source
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“In summary, the only liquid tokens in the market came from Alameda Market Making (3%), IEO/IDO participants (0.3%), private investors (1.6%) and the liquidity mining rewards for our stable pools,” the team stated. This created constant sell-side liquidity for MER tokens on the open market, which is now deemed detrimental
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Bahamian officials have campaigned for the industry’s business with open arms. The island is ready to be “a home for global leaders" in the crypto space, Prime Minister Philip Davis said at the SALT conference in the Bahamas in May, where Bart Smith, Susquehanna’s crypto lead, also spoke. Source
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Shiba Inu, the meme-coin project that mimicked dogecoin, has announced it is launching its own take on the metaverse. The project, called “Shib: The Metaverse,” will introduce more than 100K plots of land to be unlocked at different times. The Shiba Inu team also announced the prices of the plots,
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Developers have decided to use Ethereum's native cryptocurrency ether as a land pricing token. Original Source
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During the last seven days, virtual lands sold in the metaverse have outpaced a great number of non-fungible token (NFT) sales. Moreover, metaverse native crypto tokens like axie infinity, sandbox and decentraland and play-to-earn digital assets in general have jumped significantly in value this year. Metaverse Properties Outpace NFT Collections
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The concept of the metaverse is starting to blow up, and many of the early companies that are invested in it are already reaping some of the benefits from this new trend in the market. Digital land plots in virtual worlds are now selling for millions of dollars on different
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“There’s a war for talent going on,” ConsenSys Chief Strategy Officer Simon Morris said in an interview, “and we are going to make sure that we can grow our team, acquire some teams, acqui-hire some teams,” to stay competitive on the Ethereum front. Original Source
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