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The Block: Genesis quarterly report shows ‘relentless’ demand for dollars in crypto credit market

Tuesday, 04 May 2021 21:50

Since Genesis Global Trading launched a lending business in 2018, it has originated more than $40 billion loans — and that growth doesn’t appear to be slowing down. The firm, which releases a breakdown of its business across trading, lending, and derivatives every quarter, saw active loans…

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The Block: Mixed martial arts league UFC is launching a fan token next month

Tuesday, 04 May 2021 22:43

A year after it first partnered with sports-focused blockchain platform Chiliz, the two will mint $UFC on the Chiliz blockchain. The post Mixed martial arts league UFC is launching a fan token next month appeared first on The Block.

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The Capital: GBTC vs BTC: What’s The Deal?

Wednesday, 05 May 2021 01:31

By Elena Obukhova, founder & CEO at FAS | Fintech Advisory ServicesAccording to Grayscale’s official website, Grayscale Bitcoin Trust is a traditional investment vehicle with shares titled in the investors name, providing a familiar structure for financial and tax advisors and easy transferability to beneficiaries under estate laws.The phrase…

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The Block: Swedish crypto broker Safello’s IPO oversubscribed by 1,240%

Wednesday, 05 May 2021 08:05

Swedish crypto broker Safello announced Wednesday that its initial public offering (IPO) has been oversubscribed by 1,240%. The post Swedish crypto broker Safello’s IPO oversubscribed by 1,240% appeared first on The Block.

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The Block: NFT startup RTFKT raises $8 million in seed funding led by A16Z

Wednesday, 05 May 2021 10:45

Non-fungible token (NFT) startup RTFKT Studios has raised $8 million in a seed funding round led by Andreessen Horowitz (a16z). The post NFT startup RTFKT raises $8 million in seed funding led by A16Z appeared first on The Block.

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BeInCrypto: Carole Baskin Turns to Crypto After Inflation Concerns

Wednesday, 05 May 2021 10:57

Netflix hit docu-series Tiger King's Carole Baskin has launched $CAT coin and turned to cryptocurrency because she believes that the U.S. dollar is being over-printed. The post Carole Baskin Turns to Crypto After Inflation Concerns appeared first on BeInCrypto.

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The Block: Galaxy Digital to acquire crypto custodian BitGo for $1.2 billion

Wednesday, 05 May 2021 11:15

Mike Novogratz's crypto merchant bank Galaxy Digital is set to acquire crypto custodian BitGo for $1.2 billion. The post Galaxy Digital to acquire crypto custodian BitGo for $1.2 billion appeared first on The Block.

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BeInCrypto: Galaxy Digital Holdings Scores $1.2B BitGo Acquisition

Wednesday, 05 May 2021 11:38

Galaxy Digital Holdings Ltd. has agreed to acquire BitGo for $1.2 billion in cash and stock. The post Galaxy Digital Holdings Scores $1.2B BitGo Acquisition appeared first on BeInCrypto.

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The Block: Tiger Global and Coatue back Bitso in $250 million Series C

Wednesday, 05 May 2021 12:01

Bitso becomes the latest crypto firm to join the unicorn club. The post Tiger Global and Coatue back Bitso in $250 million Series C appeared first on The Block.

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