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Klarna has established itself as a major player in the European payments industry, with a valuation of $6.7 billion. Klarna, a renowned fintech startup based in Stockholm, Sweden, has embarked on a significant corporate restructuring by establishing a holding company in the United Kingdom, signifying its intentions for a potential Initial
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Nonfungible token (NFT) marketplace OpenSea announced on Nov. 3 that it was laying off employees. Co-founder and CEO Devin Finzer broke the news on X (formerly Twitter), saying the company was launching OpenSea 2.0 with a smaller team.OpenSea launched in 2017, when NFTs were an innovation. It operates on a
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The Valkyrie CIO says that the SEC will ask for comments and possibly approve an ETF proposal this month after all issues are addressed. A Valkyrie Investments exec has hinted at a strong possibility for a spot Bitcoin ETF approval this month. According to Chief Investment Officer (CIO) Steven McClurg, the
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“I think it's a really exciting moment, to take something that in DeFi that already has a product market fit, where there is a billion dollars traded on average on dYdX every day, and fully decentralize it on a fundamentally new technology stack,” Antonio Juliano, dYdX’s Trading founder and CEO,
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If successful, the project will further move to the next stage, closer to the issuance. The full rollout will be possible only after completing the European Union’s legislative process by the Governing Council. The Governing Council of the European Central Bank (ECB) is moving to the next phase of the digital euro
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The governing council of the European Central Bank (ECB) has announced it will begin the ”preparation phase” for the digital euro project following a two-year investigation.In an Oct. 18 notice, the ECB said it plans to “start laying the foundation for the possible issuance of a digital euro” beginning on
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CoinDesk is reportedly planning layoffs in its editorial department ahead of the sale of a stake in the publication to investors, according to media reports. TechCrunch wrote that CoinDesk CEO Kevin Worth sent an internal email warning that “several roles, predominantly in our media team, were impacted by a reduction in
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New technologies have changed the role advisors play for their clients. Now that discounts platforms, apps and algorithms have increasingly replaced their function as brokers and stock pickers, offering education on how to navigate the emerging financial landscape will be key. Original Source
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press release PRESS RELEASE. BingX, the Singapore-based crypto exchange, is pleased to announce the launch of a new category to optimise its trading system for the Shanghai Ethereum upgrade. This move is aimed at helping traders looking to make a profit during the Ethereum upgrade that is expected to
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