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Andreessen Horowitz (a16z), a venture capital firm that has invested extensively in the crypto industry, is looking to raise $4.5 billion for new funds, the Financial Times reported.The firm told investors it is looking for $3.5 billion for a crypto venture fund, the FT said, citing people briefed on the
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The European Central Bank is concerned over inflation in the euro area rising beyond its own expectations, a high-ranking ECB official has admitted. However, Europe’s monetary authority is not prepared to raise interest rates at this point in time, the executive unveiled. ECB Sees No Reason to Adjust Interest Rates
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A top crypto accelerator is DAOifying itself to the tune of $50 million.DeFi Alliance, the incubator of platforms from Sushi to Olympus DAO, rebranded itself as “Alliance DAO” Thursday. A who’s-who of crypto investors, executives, NFT bulls – and also Jake Paul – backed the self-styled “digital startup nation.”Some 300
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Undoubtedly, Play-to-earn has dominated the industry of gaming in recent times. Several game enthusiasts, individual and institutional investors across the globe have adopted this novel approach that represents the future of gaming and decentralization. Through the widespread use of play-to-earn, vigorous and vibrant economies have led to raising billions of
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Democratic Party (DP) presidential candidate Lee Jae-myung prepares to use nonfungible tokens to raise funds for his campaign. The party will issue NFTs to those who donate money for the campaign for the upcoming presidential elections. The NFTs will contain images of the candidate and his pledges. In an interview with
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Lee Jae-myung, nominated by the ruling party in South Korea for the upcoming presidential elections this spring, is preparing to raise funds in cryptocurrencies and issue non-fungible tokens for supporters. His campaign hopes that the initiative will woo young and tech-savvy Korean voters whose interest in digital assets is growing. Ruling
Read MoreBinance, the world’s largest cryptocurrency exchange, is funding a major decentralized audio streaming service through its investment and incubation arm.According to an Oct. 23 announcement, Binance Labs led a $1.25 million extension round for Audius, a blockchain-enabled streaming service that connects music fans with artists.The latest investment round follows a
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