Crypto market plunges as Bitcoin falls below $97,000
When Bitcoin dipped under $100,000 early last week, some in the crypto world thought it couldn’t get any worse. It did. As of Friday mid-day, Bitcoin was trading at below…
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Finance News
Exclusive: Scaramuccis led $220 million investment in crypto mining firm tied to President’s family—‘Bitcoin transcends politics’
Anthony Scaramucci briefly served as the White House’s communications director in President Donald Trump’s first administration, but soon after became a prominent critic of the commander- in-chief. Still, that hasn’t…
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‘A national security problem and a homeland security problem’: The world targets Southeast Asia’s notorious scam centers
Southeast Asian governments and businesses have been rocked by a renewed focus on the region’s notorious scam centers, compounds where workers—often themselves victims of human trafficking—try to defraud individuals in…
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Visa leans into AI-enabled payments and stablecoins to stay ahead of the game in Asia
Societies are shifting away from cash, and embracing new ways to make payments and transfer money. In Asia, many have turned to e-wallets, QR codes, and super apps—skipping physical credit…
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Uniswap’s latest drama shows promise and limits of decentralization
Hayden Adams just had a week to remember. It started with Adams announcing a critical update to Uniswap, the decentralized protocol he created in 2018, and ended with him catching…
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Exclusive: Company behind popular crypto lender Aave to launch app in Apple store that offers high-yield returns
The recent crypto boom has been marked by blockchain companies working to expand their appeal to mainstream consumers. That now includes Aave Labs, the developer behind a popular decentralized lending…
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Harvard now owns nearly half a billion dollars worth of Bitcoin, filings show
Harvard is home to top intellectuals, famous alumni, and, more recently, a sizable hoard of Bitcoin. The university has more than $442 million dollars in the BlackRock-issued ETF called iShares…
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Drone tracking startup SkySafe will pay you crypto to buy and install its sensor
As a growing fleet of drones hover over U.S. skies, the devices are giving rise to security concerns. In some cases, the potential threat is real while others, like a…
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Exclusive: Bitfury, known for its Bitcoin mining, launches $1 billion initiative to invest in ethical tech and AI
When Val Vavilov cofounded his Bitcoin mining company, Bitfury, in 2011, the original cryptocurrency was worth less than $30, a sliver of its roughly $91,000 price today. Since then, Bitfury’s…
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Exclusive: Crypto exchange Kraken raises $200 million from Ken Griffin’s Citadel Securities to notch $20 billion valuation
One of the world’s largest crypto exchanges has raised a huge stash of capital from a blue chip financial titan. The Wyoming-based Kraken secured $200 million in a strategic investment…
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