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MicroStrategy adds another $15 million in bitcoin to its treasury holdings

MicroStrategy adds another $15 million in bitcoin to its treasury holdings

Another day, another bitcoin buy for MicroStrategy.

The post MicroStrategy adds another $15 million in bitcoin to its treasury holdings appeared first on The Block.

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No, Chinese Ethereum miners didn’t crack Nvidia’s GPU hash rate limiter

A screenshot suggesting Chinese ETH miners cracked Nvidia’s GPU hash rate limiter swiftly made media this week – but it didn’t actually happen.

The post No, Chinese Ethereum miners didn’t crack Nvidia’s GPU hash rate limiter appeared first on The Block.

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Why recent developments in Canada suggest a bitcoin ETF is coming soon to the U.S. 

Quick Take

  • A recent wave of approvals for bitcoin exchange-traded funds (ETFs) in Canada have many in the U.S. asking: when bitcoin ETF?
  • Canada is historically a proving ground for novel financial products, and some think this means a U.S. approval could come soon.
  • Right now VanEck and Cboe’s offering is the only prospectus with an impending decision.

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[SPONSORED] Nexo Advocates Ongoing Bitcoin R&D With Donation To Brink

To support fundamental research and development, digital asset financial institution Nexo has contributed $150,000 to Brink to help continually strengthen the Bitcoin protocol and foster the developer community.

The post Nexo Advocates Ongoing Bitcoin R&D With Donation To Brink appeared first on The Block.

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Alameda Research buys $20 million in REEF tokens linked to Polkadot-based DeFi project

Polkadot-based DeFi project Reef Finance has raised $20 million in a token sale round.

The post Alameda Research buys $20 million in REEF tokens linked to Polkadot-based DeFi project appeared first on The Block.

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Binance under CFTC investigation over trading activities: report

Crypto exchange Binance is reportedly being investigated by the U.S. government over the nature of traders on its platform.

The post Binance under CFTC investigation over trading activities: report appeared first on The Block.

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Mapping out Multicoin Capital’s portfolio

Quick Take

  • Founded in 2017 by Kyle Samani and Tushar Jain, Multicoin Capital is a thesis-driven investment firm that invests exclusively in digital assets and blockchain companies
  • Aside from direct investment in DeFi protocols, the firm has been an active investor in what is commonly called middleware solutions, or protocols that are providing services, data, tooling, and or infrastructure to interface layers
  • In total, the firm’s portfolio consists of at least 35 startups and protocols across seven verticals, which The Block has mapped out. This is the second iteration of Multicoin Capital’s portfolio map and an update to our previous coverage

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Robinhood says women crypto traders are growing on its platform

Popular online broker Robinhood has said that women crypto traders are surging on its platform in an encouraging sign that crypto can help democratize finance for all.

The post Robinhood says women crypto traders are growing on its platform appeared first on The Block.

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Russia’s central bank plans to reveal digital ruble prototype later this year: report

The Bank of Russia, the country’s central bank, plans to debut a prototype version of a digital ruble platform before the end of 2021, a senior official has reportedly said.

The post Russia’s central bank plans to reveal digital ruble prototype later this year: report appeared first on The Block.

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WisdomTree becomes latest firm to submit bitcoin ETF filing to SEC

The WisdomTree Bitcoin Trust filing follows a wave of Canadian approvals and subsequent U.S.-focused prospectus submissions.

The post WisdomTree becomes latest firm to submit bitcoin ETF filing to SEC appeared first on The Block.

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