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Day

November 13, 2020
Crypto lender Cred’s bankruptcy is more than it appears. Two publicly traded bitcoin mining firms reported this week: Neither are profitable. ECB President Christine Lagarde has a “hunch” about the digital euro.  Top shelf Chapter…12?Cred’s Chapter 11 bankruptcy filing doesn’t tell the whole story. With $67.8 million in assets and $136 million in liabilities, the...
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Axelar, a decentralized protocol designed by the founding members of Algorand to allow cross-blockchain communication, has raised $3.75 million in seed funding. Announced Thursday, the round saw participation from investors including Binance X, the investment arm and accelerator of cryptocurrency exchange Binance, as well as San Fransisco-based venture capital firm DCVC (Data Collective). Other participants...
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David Silver, a securities fraud and investment loss attorney known for pursuing lawsuits against cryptocurrency exchanges in the United States, has joined Coinfirm, the blockchain analytics and anti-money laundering platform company.  The London-based Coinfirm announced Silver’s appointment to its board of directors in the U.S. on Thursday, saying the co-founder of the Silver Miller law...
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