Gates has previously criticized cryptocurrencies and said he’d short bitcoin “if there was an easy way to do it.”
The firm has also launched a governance token on the heels of the raise.
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Graphics card maker Nvidia unveiled a new processor chip dedicated to Ethereum mining on Thursday — while also moving to render one of its top-shelf GPUs less useful for the process.
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“Web 3 developers should be building on open protocols,” NFX General Partner Morgan Beller said of Radicle, a platform for crypto-native code collaboration.
The $8.7 trillion-asset BlackRock is “dabbling” in cryptocurrencies – becoming the norm as bitcoin and ether rally to all-time high prices.
Gundlach has previously said, “I don’t believe in bitcoin.”
Backed by CipherTrace, TRISA looks to get virtual asset service providers (VASPs) ready for new anti-money laundering rules.
Banks had feared being drained of liquidity under the original concept for the digital currency.
Those who compare Bitcoin to the great bubbles of the past need to check the historical books. This moment is very different.
Billionaire Jeffrey Gundlach, the founder of investment firm DoubleLine Capital and a long-time gold bull, now considers bitcoin a better asset.
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