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Facebook’s blockchain lobbying in DC continues while Diem efforts appear to have stalled

Facebook’s blockchain lobbying in DC continues while Diem efforts appear to have stalled

In disclosure forms for Q1 of 2021 filed on April 20, Facebook’s massive lobbying program has continued its enigmatic work in the area of blockchain policy. The Diem Association, meanwhile, has seemingly ended its lobbying efforts for the Diem stablecoin. 

The post Facebook’s blockchain lobbying in DC continues while Diem efforts appear to have stalled appeared first on The Block.

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Bitcoin’s hash rate set to regain loss as Xinjiang miners gradually resume operations

Bitcoin’s hash rate is expected to recover from a recent loss as miners in China’s Xinjiang province are gradually plugging in their machines again.

The post Bitcoin’s hash rate set to regain loss as Xinjiang miners gradually resume operations appeared first on The Block.

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Ether price hits new highs above $2,560

Ethereum’s price has hit new all-time-highs over $2,550 on Coinbase Pro with current market cap at around $297 billion.

The post Ether price hits new highs above $2,560 appeared first on The Block.

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Turkish crypto exchange Thodex accused of fraud: report

Customers of a Turkish crypto exchange named Thodex have filed a complaint against the company alleging fraud.

The post Turkish crypto exchange Thodex accused of fraud: report appeared first on The Block.

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Indian crypto exchange CoinSwitch Kuber raises $25 million in Series B funding from Tiger Global

Indian crypto exchange CoinSwitch Kuber has raised $25 million in a Series B funding round from Tiger Global.

The post Indian crypto exchange CoinSwitch Kuber raises $25 million in Series B funding from Tiger Global appeared first on The Block.

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Mapping out Digital Finance Group’s portfolio

Quick Take

  • Founded in 2015, Digital Finance Group (DFG) is a blockchain and digital asset investment firm that operates out of San Francisco, California
  • The firm currently manages investments over $550M AUM across three funds: a token fund, an equity fund, and a fund dedicated to the Polkadot ecosystem
  • In total, the firm’s portfolio consists of at least 70 startups and protocols across thirteen verticals, which The Block has mapped out. 

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Binance under the lens of European regulators for stock token offering: Report

Crypto exchange Binance is reportedly under the lens of European regulators for its stock token offering that was launched last week.

The post Binance under the lens of European regulators for stock token offering: Report appeared first on The Block.

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BitMEX lays out ambitions to expand business into spot, custody, and education services

Once the poster child for the Wild West of bitcoin derivatives trading, BitMEX announced Wednesday night its intensions to gate-crash a wide range of new businesses under a regulatory compliant mission. In a blog post shared with The Block, the Seychelles-registered futures trading venue said it would expand beyond its bread and butter derivatives business, […]

The post BitMEX lays out ambitions to expand business into spot, custody, and education services appeared first on The Block.

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CEO of a fintech that powers hundreds of stock apps unpacks why it offers dogecoin services

The Block’s Frank Chaparro spoke with Apex Clearing CEO Bill Capuzzi about dogecoin and NFTs.

The post CEO of a fintech that powers hundreds of stock apps unpacks why it offers dogecoin services appeared first on The Block.

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Hard drive prices surge as Chinese investors flock to Chia mining

Forget about the ASICs and GPUs, Chinese crypto miners are now turning their speculation forces to hard disk drives.

The post Hard drive prices surge as Chinese investors flock to Chia mining appeared first on The Block.

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