The investment will reportedly allow Reef to implement more cross-chain integrations with Serum and Raydium on Solana. After investing in travel app Maps.me and decentralized finance protocol Oxygen, Alameda Research will be putting $20 million into Reef Finance, the Polkadot-based DeFi platform. According to Reef Finance, Alameda Research will be purchasing $20 million worth of…
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The crypto asset just won over the won. The market capitalization of Bitcoin recently rose above $1 trillion once again. Now the asset has surpassed the total market cap of the South Korean won. According to data from AssetDash, the Bitcoin (BTC) market cap is $1.057 trillion at time of publication. This exceeds the money…
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“We intend to accept donations via cryptocurrency essentially forever,” said the Austin Disaster Relief Network’s chief financial officer. There is a running gag among many Texans that anytime someone drops a cup filled with ice, it’s enough of a reason to cancel school — major winter storms are so rare that authorities don’t often have…
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“Techemynt felt it was an ideal time to fill the gap in the market and lead the creation of a NZD-based stablecoin,” said Fran Strajnar. Auckland-based financial service provider Techemynt announced the launch of a stablecoin reportedly backed by the New Zealand dollar. In a statement from Techemynt today, the firm announced it had launched…
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“We are thrilled to be combining two of our greatest passions — rowing and crypto — with our sponsorship of this historic event,” said the Winklevoss twins. Tyler and Cameron Winklevoss, co-founders of the Gemini cryptocurrency exchange and former olympian rowers, will be sponsoring the 2021 Oxford-Cambridge Boat Race. In an announcement from Gemini today,…
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A Redditor reportedly recommended an acquaintance invest in ADA, XDC, GLM, NEXO and ETH back in 2019. Though investing in crypto has the potential to radically change someone’s financial situation, one HODLer is saying their actions may have actually saved someone’s life. In a Reddit post under the r/Cryptocurrency subreddit on Tuesday, a United Kingdom-based…
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The platform said it plans to complete the acquisition before the third quarter of 2021. Payments giant PayPal has acquired Israel-based crypto custody firm Curv for an undisclosed amount. According to PayPal, the firm purchased Curv as part of its initiative to support cryptocurrencies and digital assets. The platform said it plans to complete the…
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“If we sell another 6,556,000,000 DOGE worth of Mavs merch, Dogecoin will definitely hit $1,” said the Dallas Mavericks owner. After only three days accepting Dogecoin (DOGE) as a form of payment, Dallas Mavericks owner Mark Cuban is predicting the price of the token will eventually hit $1. In a Saturday tweet, Cuban said customers…
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One user referred to her husband as “brainwashed” over Bitcoin, saying he was ruining her job by bringing up crypto at her marketing events. Crypto investments have reportedly been a source of strife in relationships, sometimes leading to breakups and even divorce. According to a Reddit post from February 2015, a then 28-year-old woman using…
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The Toronto-based investment firm will put the matter to a vote in April. Less than two months after launching trading for shares of its Bitcoin trust, Canada-based investment manager Ninepoint Partners is planning to change its offering to an exchange-traded fund. In an announcement on March 3, Ninepoint said it would be holding a vote…
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