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Amazon’s “NFT Plan” is ready to go! News: It will appear in April this year at the earliest

“Blockworks” quoted people familiar with the matter as reporting that the e-commerce leader “Amazon” (Amazon) is setting up a digital asset company and is expected to launch a plan related to NFT this spring. According to four people familiar with the plan, Amazon has approached a number of industry players about its NFT project. These …

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Why does GBTC have a negative premium rate of nearly 50%? Genesis Bankruptcy Files Reveal The Truth

Why does GBTC have a negative premium rate of nearly 50%? The recently leaked bankruptcy documents of Genesis, a cryptocurrency lending company, finally revealed some truths. According to the information, the main situation is summarized as follows: 1. Genesis promises to provide GBTC products to Earn users of the cryptocurrency exchange Gemini; 2. Genesis suspends …

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Investing in Bitcoin has been sung as “debt default”! El Salvador says it has repaid $800 million in bonds

Foreign media previously reported that with the weakening of the cryptocurrency market, El Salvador (El Salvador), which has repeatedly purchased bitcoins with national power, has become more financially constrained. Many people are worried about the outbreak of debt default due to debt repayment. However, that may not be the case in reality. President Nayib Bukele …

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In preparation for the “open pledge withdrawal”, Ethereum launched Shanghai to upgrade the “shadow fork”

An ethereum developer said the Shanghai upgrade’s “Shadow Fork” (Shadow Fork) has gone live. A shadow fork is a stress-testing environment that allows ethereum developers to practice functions such as running nodes, deploying smart contracts, and testing infrastructure in order to evaluate network upgrades before they occur. According to Marius Van Der Wijden, a software …

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The computing power is only 10 TH/s! Independent miners rely on 4 mining machines to generate a Bitcoin block

An independent miner with a hash rate (computing power) of just 10 terahashes per second (TH/s) won the 772,793rd block added to the bitcoin blockchain on Friday (20th). At the time he added this block, Bitcoin’s total hash rate was just over 269 exahash per second (EH/s), representing 0.000000037% of the entire blockchain’s hash rate …

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Currency media CoinDesk is asking for $200 million? Cardano Founder Considers Acquisition

Charles Hoskinson, founder of the public chain project Cardano (ADA) and co-founder of Ethereum, said that he is considering acquiring CoinDesk, an encrypted currency media under the DCG Group, and transforming it into a hybrid of news and social networking sites. CoinDesk said on Wednesday it hired financial advisory firm Lazard as a financial advisor …

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A Rising Star of ETH Liquidity Staking Frax: Leverage Ecological Products to Provide the Highest Yield

Starting from some algorithmic stable currency FRAX, Frax Finance has now developed a complete set of DeFi products, including: stable currency FRAX, time-weighted average AMM Fraxswap, lending market Fraxlend, algorithmic market maker AMOs, encrypted native CPI stable currency FPI, cross-chain Bridge Fraxferry, with the recent upgrade of Ethereum Shanghai approaching Frax has launched ETH liquid …

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Wall Street Journal: Financial bosses also “overturned”, how does the founder of DCG get out of the predicament?

Digital Currency Group ( DCG ) CEO Barry Silbert has worked in traditional financial markets for many years. After moving to the encryption field, he successfully created his DCG empire and is now trying to save his brokerage firm from bankruptcy. A year ago, Barry Silbert’s 40% stake in DCG was worth more than $3 …

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Su Zhu, founder of Three Arrows Capital, is making a comeback! To launch a new platform to buy and sell FTX debt

The founders of two bankrupt cryptocurrency companies are teaming up to create an exchange that will allow users to trade claims on bankrupt cryptocurrency companies. Three Arrows Capital, which filed for bankruptcy in July last year, and its founders Su Zhu and Kyle Davies are working with the two founders of the cryptocurrency exchange CoinFLEX …

Su Zhu, founder of Three Arrows Capital, is making a comeback! To launch a new platform to buy and sell FTX debt Read More »

The founder of Tianqiao Capital predicts: Bitcoin will reach 50,000 and 100,000 US dollars in two or three years

After a tumultuous 2022, cryptocurrency investors are trying to find their feet, repeatedly asking “when will the bull market return.” In this regard, most people in the industry believe that due to overall economic factors such as inflation and interest rate hikes, 2023 will be a “cautious year”, and the bull market will hardly repeat …

The founder of Tianqiao Capital predicts: Bitcoin will reach 50,000 and 100,000 US dollars in two or three years Read More »