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Republican House leader says regulators shouldn’t ignore bitcoin’s growth

Republican House leader says regulators shouldn’t ignore bitcoin’s growth

In an interview with CNBC, Congressman Kevin McCarthy (R-CA) said the base behind crypto is only going to continue to grow.

The post Republican House leader says regulators shouldn’t ignore bitcoin’s growth appeared first on The Block.

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ConsenSys closes $65 million funding round backed by JPMorgan, Mastercard and more

ConsenSys, the Ethereum-focused software company, has raised $65 million from a group that includes a pair of major banks, a top financial services firm and an array of digital asset industry startups and investors.

The post ConsenSys closes $65 million funding round backed by JPMorgan, Mastercard and more appeared first on The Block.

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NFT Investments raises £35m through London listing

A recently formed investment vehicle specialising in non-fungible token (NFT) investments has raised £35 million before expenses through a listing on the Aquis Stock Exchange Grow Market in London.

The post NFT Investments raises £35m through London listing appeared first on The Block.

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Mapping out NEAR Protocol’s ecosystem

Quick Take

  • Founded in 2018 by Alexander Skidanov and Illia Polosukhin, NEAR Protocol is an open-source platform for decentralized applications
  • Last week, NEAR’s bridge to Ethereum, called Rainbow Bridge, officially launched, allowing any user who owns assets on Ethereum to be able to transfer them on NEAR’s blockchain or vice versa
  • In total, The Block has identified 93 projects and companies across 12 different verticals currently expanding on its ecosystem

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HSBC confirms banning customers from buying MicroStrategy shares due to bitcoin concerns

Investment banking giant HSBC has confirmed banning customers of HSBC InvestDirect from buying MicroStrategy shares due to bitcoin concerns.

The post HSBC confirms banning customers from buying MicroStrategy shares due to bitcoin concerns appeared first on The Block.

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Bitcoin’s price crosses $62,000, recording a new all-time high

Bitcoin’s price has crossed the $62,000 mark for the first time.

The post Bitcoin’s price crosses $62,000, recording a new all-time high appeared first on The Block.

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Nvidia estimates $150 million in revenue from new crypto mining product in Q1 of 2022 fiscal year

Computing hardware maker Nvidia is projecting as much as $150 million in revenue for its crypto mining-specific product line during the first quarter of the firm’s 2022 fiscal year. The $150 million revenue estimate was included in an April 12 release, which came months after the firm confirmed that it would produce and sell so-called […]

The post Nvidia estimates $150 million in revenue from new crypto mining product in Q1 of 2022 fiscal year appeared first on The Block.

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NYSE releases collection of NFTs commemorating notable IPOs

The collection of six NFTs, titled “First Trades,” memorializes the exact moment six companies went public.

The post NYSE releases collection of NFTs commemorating notable IPOs appeared first on The Block.

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COPA files lawsuit in UK against Craig Wright for claiming copyright ownership of Bitcoin white paper

The civil suit from the Crypto Open Patent Alliance (COPA) challenges claims Wright has continuously made since 2018.

The post COPA files lawsuit in UK against Craig Wright for claiming copyright ownership of Bitcoin white paper appeared first on The Block.

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Digital artist Pak launches new token that can only be obtained by ‘burning’ NFTs

Digital artist Pak has launched an NFT burning platform called burn.art and a token dubbed ASH.

The post Digital artist Pak launches new token that can only be obtained by ‘burning’ NFTs appeared first on The Block.

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