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Crypto Subreddit membership numbers surged last week

Crypto Subreddit membership numbers surged last week

Until last week, the r/bitcoin subreddit added between 20,000 and 30,000 new members on a weekly basis.

The post Crypto Subreddit membership numbers surged last week appeared first on The Block.

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GameStop, Robinhood and the Failure of Un-Free Markets

The latest in the saga of WallStreetBets vs the world.

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The Small Guys Rebel Against their Big Brother Hedge Funds

What the GameStop stock market chaos can teach crypto and why the Bank of International Settlements is pitching central bank digital currencies (CBDC) instead of crypto. Also the privacy concerns around China’s digital yuan.

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$180M Bitcoin Trust Completes Canadian IPO, Fully Invested on First Day

The bitcoin fund is available in both U.S. dollars and Canadian dollars and is listed on the Toronto Stock Exchange.

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All Over the World, Small Investors Jump Into the GameStop Frenzy

The world is watching U.S. markets with great interest, and more than a little FOMO, as Reddit investors continue to test their might against Wall Street. It all started when retail investors on the Reddit community wallstreetbets began pumping the price of U.S. video game retailer GameStop’s (GME) stock to counter Wall Street hedge funds […]

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Aave’s Founder Angel Invests to Grow DeFi’s Head Start on the Banks

Stani Kulechov has backed nearly 40 projects in his search for founders who see two or three moves ahead.

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US Federal Reserve Looking to Hire a Manager to Research Stablecoins and CBDCs

The job listing follows comments made by Fed Chair Jerome Powell in recent weeks where he said the central bank needed “better regulatory answers” for global stablecoins.

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CipherTrace: Majority of 2020’s crypto thefts occurred in the DeFi space

The average amount stolen during a DeFi hack in 2020 was $6 million

The post CipherTrace: Majority of 2020’s crypto thefts occurred in the DeFi space appeared first on The Block.

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Market Wrap: Bitcoin Bumps to $38.6K While DeFi Exchanges Hit $50B

Crypto spot volumes rose to the second-highest level in over a month.

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The GameStop Stop Is Not a Technology Problem

Robinhood didn’t halt GameStop trading to punish retail players; it reacted to market risk. And, no, blockchain wouldn’t have fixed this.

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