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FTX advances $250 million credit facility to crypto lender BlockFi

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Crypto lending platform BlockFi has secured $250 million in revolving credit from Sam Bankman-Fried’s FTX, the firm said in a press release on Tuesday. The credit allows BlockFi access to further capital at a time the crypto market...
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Minima to partner mobility industry giants on innovative blockchain solutions

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Blockchain’s use across the world continues to gather massive traction, with use cases in virtually every aspect of the global society. And decentralized protocol Minima is set to add to that with its selection to the MobilityXlab program. Announced...
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Voyager Digital seals credit facility deal from Alameda Research

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Voyager Digital has secured a loan facility agreement with Alameda Research, in a deal that the brokerage platform says will help it better protect its customer assets amid the current market conditions. $200 million in cash/USDC and 15,000...
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Immutable targets Web3 gaming adoption with $500M fund

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Immutable, the firm behind Ethereum’s leading NFT scaling solution Immutable X, has announced a $500 million fund aimed at boosting Web3 gaming development, according to details shared on Friday. Immutable will count on experience gained from the development...
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Lacoste launches NFT collection as it expands into Web3

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Lacoste, a French-based luxury clothing brand, has launched a new NFT collection as it expands into Web3. A press release from the firm said the new experience will come via its aptly named UNDW3 (pronounced ‘underwater’). The community around...
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VET price soars as VeChain strikes UFC deal

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VeChain Foundation, the organization behind the smart contracts layer 1 blockchain VeChainThor, has announced a groundbreaking multi-year partnership with the world’s premier mixed martial arts (MMA) organization UFC. As a result of this first-of-its-kind deal, VeChain is now...
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Binance has applied for licenses in Philippines: CEO

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Binance has sought the virtual assets service provider (VASP) and e-money issuer (EMI) licenses. Binance CEO Changpeng Zhao says that the platform, the world’s largest in terms of trading volume, is looking to secure key crypto licenses from...
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Valkyrie Investments announces $11 million strategic funding

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Valkyrie Investments, a leading investment firm focused on digital assets, has raised more than $11 million in a new strategic fundraising. The round, which was oversubscribed, saw the firm secure $11.15 from several investors, including BNY Mellon, Coinbase Ventures,...
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Polkadot Hacker House set for New York City from 23-28 June

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The Polkadot Hacker House event will take place at the Industrial City in Brooklyn, New York. The Polkadot Hacker House, whose first-ever edition is set for New York City from 23-28 June, has opened applications for seasoned engineers...
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FTX will not cut jobs because they hired ‘carefully’, CEO says

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FTX will not be scaling back on its staff, according to CEO Sam Bankman-Fried. The company is “going to keep pushing forward,” he said. FTX CEO Sam Bankman-Fried says the cryptocurrency exchange will “zag” where other crypto firms...
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