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Finance
Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise – Finance…
The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised $8 million.…
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European Commission to Launch Digital Euro Consultations in March, Propose Bill Early Next Year –…
The executive arm of the EU is gearing up to start public consultations on the digital euro project next month. The European Commission will also prepare new legislation to establish the legal basis for the digital version of the…
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Coinbase Shares Declined 50% From All-Time High, Stock Follows Bitcoin’s Ups and Downs – Finance…
Roughly nine months ago, Coinbase’s initial public offering (IPO) via a direct listing on Nasdaq launched, and shares swapped for $342 per share on April 16, 2021. Since then, Coinbase shares have dropped by close to half that value…
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Crypto Asset Manager Grayscale Launches ‘Future of Finance’ ETF in Partnership With…
Grayscale Investments has launched its first exchange-traded fund (ETF). The Grayscale Future of Finance ETF “seeks to invest in the companies and technologies shaping the ‘future of finance.'”
Grayscale’s First ETF
Grayscale…
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Fitch Ratings Downgrades El Salvador Deeper Into Junk Status Citing Bitcoin Risks – Finance Bitcoin…
One of the largest rating agencies in the U.S., Fitch Ratings, has downgraded El Salvador’s long-term default rating deeper into junk status, citing risks from adopting bitcoin as legal tender as a key reason. “The adoption of bitcoin…
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Polygon Raises $450 Million From Sequoia Capital India, Softbank, Shark Tank’s Kevin O’leary –…
The blockchain project Polygon announced it has raised $450 million on Monday in a fundraising round led by Sequoia Capital India with participation from more than 40 venture capital firms. Polygon says that the money will allow the…
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