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Fidelity Digital Assets — the crypto wing of Fidelity Investments — and crypto borrowing and exchange platform Nexo have announced a partnership to offer crypto custodial services, products and lending services for institutional investors.  The two firms will create a comprehensive product line and legal infrastructure for institutional investors looking to get exposure to cryptocurrencies.
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Mirror Trading International, the now-defunct fraudulent bitcoin investment platform, is said to be owed more than $129 million by debtors that had not been declared previously. Unaccounted for Debtors Liquidators of the collapsed South African bitcoin Ponzi scheme, Mirror Trading International (MTI), recently released a statement that suggested the scheme is owed as much as
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There’s no denying that the Indian government shares a contentious relationship with cryptocurrencies, as was made clear recently when the government indicated that it plans on banning all private cryptocurrencies — a list that could potentially include just about every digital asset in the market today — after it had previously lifted all such restrictions
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sponsored Eco-friendliness and mass market accessibility cited as major factors in choosing WAX. WAX Blockchain has been chosen by Sony Pictures and AMC Theatres (NYSE:AMC) for Sony Pictures’ Spider-Man: No Way Home NFT Promotion, the first ever NFT promotion between a studio and a major theatrical exhibitor. The decision to utilize WAX blockchain was based
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The hard cap on Bitcoin is secured from alteration by its incentive structure and governance mechanism. The entities that govern Bitcoin’s ruleset have significant incentives to fight a change to the hard cap because of the network’s architecture, but those who wish to change it have no power over the network. Incentives The individuals with
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OpenSea could be the next crypto-related company to go public after its new CFO, Brian Roberts, revealed in a recent interview that the firm was looking to raise funds through an Initial Public Offering (IPO). OpenSea is going public During the interview, Roberts, the former Lyft CFO, revealed that going public was an option for
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