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Alan Howard’s Crypto Company Bags $70M in a Funding Round Led by Barclays and Goldman

Two of the world’s major investment banks, Goldman Sachs and Barclays, recently participated in a $70 million Series A funding round for Elwood Technologies, the crypto trading platform founded by…

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Global Watchdogs to Regulate Stablecoins Following TerraUSD (UST) Fiasco

The catastrophic failure of Terra’s algorithmic stablecoin, TerraUSD (UST), last week exacerbated the chaos in the crypto industry and accelerated plans to regulate the stablecoins market. Following the market meltdown,…

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El Salvador Invites Over 40 Central Banks for International Event on Bitcoin

After buying the dip and adding 500 BTCs to the state coffer, El Salvador President Nayib Bukele has another surprise up his sleeves. The country is organizing an international conference…

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Luna Foundation Guard Breaks the Silence and Reveals How Much Was Spent to Defend UST’s Peg

The Luna Foundation Guard (LFG) finally broke the silence and revealed exactly how much they spent to defend the UST peg throughout the events of last week. As CryptoPotato reported, UST –…

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FTX CEO Thinks Bitcoin Has No Future as a Payment System

Sam Bankman-Fried – Chief Executive Officer of the crypto exchange FTX – argued that bitcoin will not emerge as a global payment network. He labeled it inefficient and harmful to…

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