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Indian crypto exchange CoinDCX raises $135 million, now valued at $2.15 billion

Indian crypto exchange CoinDCX raises $135 million, now valued at $2.15 billion

Indian cryptocurrency exchange CoinDCX raised over $135 million in a Series D funding round led by Pantera Capital and Steadview.

The post Indian crypto exchange CoinDCX raises $135 million, now valued at $2.15 billion appeared first on The Block.

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Apollo Global weighs going in on bid to buy Twitter: report

The alternative investment management firm is reportedly weighing whether to support a bid to buy the social media giant.

The post Apollo Global weighs going in on bid to buy Twitter: report appeared first on The Block.

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Latest Twitter scam aims to capitalize on Moonbirds success — and snares Bernie Sanders’ son’s verified account

Scammers are using verified accounts on Twitter to pose to be the official Moonbirds account in an attempt to pilfer funds.

The post Latest Twitter scam aims to capitalize on Moonbirds success — and snares Bernie Sanders’ son’s verified account appeared first on The Block.

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Rhode Island lawmakers introduce ‘green coin’ in housing bill

Quick Take

  • A Rhode Island green housing bill introduced last week proposes a “green coin” to be issued as an incentive for carbon emission reduction.
  • The proposed crypto token is part of a larger plan to fund new housing units in a sustainable way.

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OpenSea Company Intelligence

Quick Take

  • Founded in 2017, OpenSea is a decentralized peer-to-peer marketplace for NFTs, covering a wide range of digital assets from art, game items to music
  • OpenSea experienced explosive growth in 2021, with transaction volume increasing over 600.0x and $423 million cumulative funding raised in less than twelve months – OpenSea is currently valued at $13.3 billion
  • Improving user experience has been a persisting issue for OpenSea, and the team plans to tackle this issue in 2022 by scaling the team, focusing on safety and reliability efforts, and accelerating the product development
  • OpenSea seeks to contribute to the NFT and web3 ecosystem through its new investment efforts – OpenSea ventures and Ecosystem Grants program

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Three plead guilty to crypto-related wire fraud in New Hampshire

Andrew Spinella and Renee Spinella of Derry, New Hampshire, and Nobody (formerly Richard Paul) of Keene, New Hampshire have pleaded guilty to wire fraud involving the use of cryptocurrencies.

The post Three plead guilty to crypto-related wire fraud in New Hampshire appeared first on The Block.

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Republican lawmakers accuse SEC of restricting crypto exchanges in recent rulemakings

Gary Gensler takes more heat from Republicans on the House Financial Services Committee.

The post Republican lawmakers accuse SEC of restricting crypto exchanges in recent rulemakings appeared first on The Block.

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WonderFi set to buy another licensed Canadian crypto exchange

The Kevin O’Leary-backed platform has agreed to buy Coinberry as its second licensed Canadian crypto exchange company.

The post WonderFi set to buy another licensed Canadian crypto exchange appeared first on The Block.

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Andre Cronje: ‘Crypto culture has strangled crypto ethos’

DeFi developer Andre Cronje calls for regulations and the birth of a new crypto age driven by trust and not by greed.

The post Andre Cronje: ‘Crypto culture has strangled crypto ethos’ appeared first on The Block.

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Mastercard’s global head of crypto explains how the company is embracing NFTs and more

In this episode of The Scoop, Mastercard’s Head of Crypto, Raj Dhamodharan, explains what the payment provider is doing to integrate crypto and NFTs into its product suite.

The post Mastercard’s global head of crypto explains how the company is embracing NFTs and more appeared first on The Block.

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