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Investment bank Cowen launches digital assets division

Investment bank Cowen launches digital assets division

Cowen, an investment bank, announced the launch of a new digital assets division.

The post Investment bank Cowen launches digital assets division appeared first on The Block.

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Acala announces $250 million fund to fuel adoption of aUSD stablecoin on Polkadot

Acala, a stablecoin and DeFi-focused parachain project on Polkadot, has announced a $250 million ecosystem fund. 

The post Acala announces $250 million fund to fuel adoption of aUSD stablecoin on Polkadot appeared first on The Block.

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Trading giant Jane Street backs NEAR-based lending protocol in new funding round

Bastion is a decentralized lending protocol on the NEAR blockchain.

The post Trading giant Jane Street backs NEAR-based lending protocol in new funding round appeared first on The Block.

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David Woo on why an American CBDC could be big trouble for Bitcoin

The Block’s Frank Chaparro chats with David Woo, founder and CEO of David Woo Unbound.

The post David Woo on why an American CBDC could be big trouble for Bitcoin appeared first on The Block.

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Japan’s social media giant Line to launch NFT marketplace

Line’s NFT marketplace will launch on April 13 and will include collectibles from major entertainment franchises in Japan.

The post Japan’s social media giant Line to launch NFT marketplace appeared first on The Block.

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Crypto investment app provider Abra hires its first CFO

Crypto financial services firm Abra has appointed Justin McMahan of Tower Research Capital as its first CFO.

The post Crypto investment app provider Abra hires its first CFO appeared first on The Block.

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Former Polychain partner launches $125 million crypto fund with goal of DAO transition

The dao5 fund will look to back early-stage cryptocurrency and blockchain startups.

The post Former Polychain partner launches $125 million crypto fund with goal of DAO transition appeared first on The Block.

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Figure sets out plans to launch crypto-backed mortgages

The US firm follows several other companies into the crypto-backed mortgage market.

The post Figure sets out plans to launch crypto-backed mortgages appeared first on The Block.

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Do Kwon reveals plan to increase UST’s bitcoin reserve to $3 billion

Luna Foundation Guard (LFG) may increase its bitcoin reserve to $3 billion in the near term, according to Terraform Labs CEO Do Kwon.

The post Do Kwon reveals plan to increase UST’s bitcoin reserve to $3 billion appeared first on The Block.

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Stablecoin Cashio on Solana exploited for $28 million in ‘infinite mint glitch’

A stablecoin called Cashio on the Solana blockchain has been exploited and lost practically all of its value.

The post Stablecoin Cashio on Solana exploited for $28 million in ‘infinite mint glitch’ appeared first on The Block.

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