Source: Circle Internet Circle Internet, the issuer of USD Coin stablecoin, is eyeing a potential initial public offering (IPO) in early 2024, according to Bloomberg. The company is currently in discussions with advisors to weigh the feasibility and timing of such a move to the public markets, as informed by undisclosed “people wither knowledge of…
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Amid multiple speculations on the effects of Ripple potentially launching an initial public offering (IPO), popular crypto author Panos Mekras has come out to dispel concerns about this development, yielding a negative effect on the XRP token. Ripple IPO Will Lead To More Exposure For XRP, Mekras Says On Friday, November 3, crypto analyst and…
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China enacted a number of economic stimulus initiatives to bolster its stock market, but will there be a down-the-pipeline impact on Bitcoin? News headlines have recently covered how China’s struggling economy poses significant risk to global growth. Economic activity and the flow of credit in the region are weakening, and analysts are not convinced that…
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Ant Group is reportedly cutting off its blockchain and database management businesses from its main entity to prepare for an upcoming public offering. Ant Group, a company backed by billionaire Jack Ma, is reportedly planning to restructure and cut ties to some operations that are not core parts of its Chinese financial business. The move…
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According to John Reed Stark, crypto exchange Coinbase’s assertions that its business activities were endorsed by the U.S. Securities and Exchange Commission (SEC) when it approved its initial public offering are “a surefire loser.” According to Stark, the SEC’s approval of Coinbase’s registration statement was done to ensure the latter had made “proper disclosures in…
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While the total figures are “alarming,” crypto scams accounted for 7.1% of the total $2.08 billion stolen from Australians in 2022. Australians lost 221.3 million Australian dollars ($148.3 million) from investment scams where cryptocurrency was used as the payment method in 2022 — a 162.4% increase from 2021. According to an April 17 scam activity…
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Blockchain and smart-contract platform Chia Network has confidentially submitted a draft registration statement to the Securities and Exchange Commission, moving a step closer to a US initial public offering. In a Friday press release, the crypto startup revealed that it has submitted a draft registration statement on Form S-1 for a proposed IPO to the SEC.…
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On Friday, Chia Network Inc. announced that it had submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC), requesting an initial public offering (IPO). The blockchain network company, founded by Bittorrent creator Bram Cohen, will initiate the IPO after the U.S. securities regulator approves the filing. Bittorrent Creator’s…
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The green blockchain company revealed no details of the proposal; the new CEO said the IPO would probably occur next year. The Chia Network blockchain said April 14 that it had submitted a proposal for an initial public offering (IPO) to the United States Securities and Exchange Commission (SEC). The size and price range of…
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Blockchain gaming publisher Animoca Brands announced the company has raised $110 million in a funding round led by Temasek, Boyu Capital, and GGV Capital. The company raised the funds by issuing convertible notes to a handful of institutional investors. Animoca Brands Raises $110 Million From Strategic Investors Animoca Brands has raised another $110 million this…
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