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Blockworks' Digital Assets Summit Showcases Crypto Solutions To Real-World Problems In Banking And Money Flow
Monday, November 14, 2022 - 6:17pm | 2139Last month, Blockworks hosted its Digital Asset Summit (DAS) at the Royal Lancaster Hotel in London, England. During this event, builders, financiers and enthusiasts gathered to speak about the new world of finance and cryptocurrency that’s still developing. At the time, the markets were...
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Trading App Robinhood Adds More Cryptocurrencies To Its Platform
Monday, October 24, 2022 - 4:22pm | 477Tezos (CRYPTO: XTZ) and Aave (CRYPTO: AAVE) tokens have been introduced to the trading platform Robinhood Markets Inc. (NASDAQ: HOOD), enabling users to purchase and trade the cryptocurrencies. Robinhood tweeted the announcement on Monday, along with a link to a web page displaying the newly...
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Forget Ape And Punk NFTs, An Actual House Sold On OpenSea For $175,000
Wednesday, October 19, 2022 - 5:05am | 298A house in South Carolina was just sold on OpenSea as a nonfungible token for 175,000 USD Coin (CRYPTO: USDC), changing the way real estate is bought. USDC is a stablecoin, pegged to the US dollar. See More: HOW TO MINT NFTS The trade was facilitated by Roofstock...
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Mango DeFi Hacker Posts Ultimatum Hours After $100M Exploit: 'Repay Bad Debt'
Wednesday, October 12, 2022 - 3:18am | 470Just hours after the Solana-based DeFi platform Mango suffered a $100 million exploit, the alleged hacker has now proposed an ultimatum to the community. What Happened: According to the proposal posted on Mango’s governance platform, the hacker wants Mango to use its $70 million...
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Human Error Caused $160M Hack Of Algorithmic Market Maker Service Wintermute, Says CEO
Wednesday, September 21, 2022 - 9:00am | 583The theft of about $160 million from algorithmic market maker service Wintermute was caused due to a “human error,” the company’s CEO Evgeny Gaevoy on Wednesday explained the attack vector was associated with Wintermute’s Ethereum (CRYPTO: ETH) vault, used for on-chain...
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MakerDAO Co-founder Recommends DAI-USD Depegging: 'No Option But To Prepare To Free Float Dai'
Monday, August 29, 2022 - 4:16pm | 510MakerDAO co-founder Rune Christensen has reached out to the community in light of recent conversations of decoupling its native token from USD Coin (CRYPTO: USDC) amid the sanctioning of Tornado Cash to explain why free-floating Dai (CRYPTO: DAI) may be the only option for the decentralized...
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Bankrupt Voyager Sells Crypto Platform Coinify For $2 Million
Thursday, August 18, 2022 - 10:24am | 451Bankrupt crypto lender Voyager Digital has announced the sale of its entire stake in cryptocurrency platform Coinify for $2 million. Voyager, which filed for chapter 11 in July, acquired Coinify in August last year for $15 million in cash, plus 5.1 million Voyager common shares. Coinify, a...
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UK Court Permits Legal Documents To Be Presented In The Form Of NFTs
Thursday, July 14, 2022 - 12:56pm | 279Fabrizio D'Aloia, the founder of Italian digital gambling firm Microgame, has been granted permission to undertake a lawsuit via NFTs against anonymous parties. What Happened: The U.K.’s recent ruling permits wallet addresses to be used in legal proceedings against anonymous parties. The...
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Circle CEO Jeremy Allaire Addresses Paranoia Regarding USDC, Rumors Of Collapse
Tuesday, July 5, 2022 - 2:49pm | 401Jeremy Allaire, co-founder and CEO of global fintech firm Circle, refuted rumors of a potential USDC (CRYPTO: USDC) collapse. What Happened: Following the recent crypto market crash, Allaire addressed the USDC’s potential de-peg in a series of tweets on July 2. It is "understandable why...
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Could Terra's Stablecoin Struggles Affect The Circle SPAC Deal And Valuation?
Thursday, May 19, 2022 - 5:48pm | 744Stablecoins have dominated the headlines in the world of cryptocurrency this week with the crash of several coins. The downward moves and negative connotations building for stablecoins could spell trouble for a SPAC deal that involves a leading stablecoin company. What Happened: A SPAC deal ...
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USD Coin Founder Circle Doubles Valuation Ahead Of SPAC Merger
Thursday, February 17, 2022 - 12:55pm | 613The start of 2022 has seen SPAC mergers called off and the valuation of some deals lowered. On Thursday, a previously announced SPAC merger announced an increased valuation. Here's what investors need to know. What Happened: Circle announced the termination of an existing merger agreement...
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TradeStation Going Public With SPAC Merger: What Investors Should Know
Thursday, November 4, 2021 - 4:59pm | 561Trading platform company TradeStation Group announced a SPAC merger Thursday that could help grow the company’s brand awareness, customer accounts and revenue. The SPAC Merger: TradeStation announced a merger with Quantum FinTech Acquisition Corp (NYSE: QFTA). The deal values the company...
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EXCLUSIVE: Kevin O'Leary, WonderFi's Ben Samaroo On DeFi: 'When The Facts Change, I Change'
Monday, August 30, 2021 - 7:02am | 1133WonderFi Technologies Inc (NEO: WNDR), a platform providing the masses exposure to a finance model that replicates market-making, borrowing, lending and exchanging without expensive institutional middlemen, begins trading on the Neo Exchange on Tuesday, Aug. 31. As part of the development...
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How This Stock Is Becoming The 'Epicenter' For Blockchain And Crypto
Friday, July 23, 2021 - 4:28pm | 247Requisite Capital Management's Bryn Talkington said she bought stock and call options in Visa Inc (NYSE: V) Friday on CNBC's "Fast Money Halftime Report." "Visa is becoming the epicenter of a lot of blockchain," Talkington told CNBC. The company recently invested in...
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USD Coin Creator Circle Going Public Via SPAC: What Investors Should Know
Thursday, July 8, 2021 - 2:42pm | 577A leading digital currency company that created the USD Coin announced a SPAC merger Thursday morning. The SPAC Deal: Circle announced a SPAC merger with Concord Acquisition Corp (NYSE: CND) valuing the company at $4.5 billion. A PIPE of $415 million is included as part of the SPAC merger and...