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Kraken CEO and Elon Musk Duke It Out on Social Media

Elon Musk – the South African entrepreneur behind billion-dollar companies such as Tesla and SpaceX – and Jesse Powell – the CEO of popular cryptocurrency exchange Kraken – are duking it out on Twitter, and the bitcoin price is taking it hard. Elon Musk and Jesse Powell Go Head to Head The fight began when Powell called out Musk over recent comments regarding the bitcoin mining process. Elon Musk had originally stated a few months ago that he would permit bitcoin...

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How Blockchain Technology Is Changing Media Content Industry

A media industry based on the blockchain industry will mean more autonomy for content creators to create content as they like without restrictions from intermediaries who control the market.It’s no longer news that blockchain technology is disrupting the way most traditional businesses are run even as it keeps creating a massive impact on the global economy. It has given rise to new, productive, and efficient business models that are cost-efficient, more profitable, and more beneficial for...

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Ensuring Greener Future with Blockchain and Crypto Tech

The SWS (SmartWorld Security) token is an Ethereum-based token that helps make the SmartWorld program a reality.We as a human race have progressed significantly in the past few centuries. We went from gas lights to LED bulbs, from telegrams to sophisticated smartphones, from horses to cars, and from small villages to smart cities.All this technological development has made life easier for us, made distances seem short, and helped us connect with people across the globe. But, we failed to...

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Rarible Raises $14.2M in Series A Funding for New NFT Marketplace

From a trading volume of $28K in June last year, Rarible has seen mammoth growth of over 3000 times to reach $150M total sales.Non-fungible token (NFT) site Rarible is set to launch a marketplace on the Flow blockchain network. With a successful funding round that brought in $14 2M, “Rarible is determined to pioneer the next wave,” CEO Alexei Falin said in a statement according to CoinDesk.We are thrilled to announce Round A lead by @Venrock and @coinfund_io with participation of @01Advisors....

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PayPal and Visa Lead $300M Funding for Blockchain Capital

Blockchain Capital remains a major tech backer in the DLT space with investments in numerous crypto and DLT projects. Fund V with $300M Funding According to a press release published on Monday (June 22, 2021), Blockchain Capital has closed funding for its Fund V LP. The capital raise reportedly drew participation from several high-profile backers including global payment giants Visa and PayPal. Capped at $300 million, Blockchain Capital’s latest fund was oversubscribed likely...

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Polychain Monsters Launches on Polygon for Better User Experience

As part of the launch, the team has also designed a special background for Polymonsters that are discovered through Polygon-powered booster packs.Blockchain games continue to be some of the most exciting developments in the space. They’re both promising use cases for the nascent technology and also where its functionality is most put to the test. The issues of interoperability and scalability are always at the forefront of any game development team and nowhere is this more evident than in...

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Visa, PayPal Join Crypto VC Blockchain Capital’s New $300M Fund

PayPal confessed that this is its first time to become a Limited Partner in a blockchain or digital asset-focused fund.PayPal is to partner with Visa in a venture fund meant for Blockchain Capital, whose fifth funding is estimated to be around $300 million. The announcement came in on Tuesday.The two tech-savvy firms are green to the Cryptocurrency VC. Though each of them has previously invested, directly, in digital asset startups, working together as Limited Partners (LP) is a different...

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UTU and Ocean Protocol Partner to Enhance Trust in the Data Economy

[PRESS RELEASE – Please Read Disclaimer] Nairobi, Kenya, June 21, 2021 – UTU, a decentralized trust infrastructure provider building new models of digital trust via artificial intelligence and blockchain, has partnered with Ocean Protocol to launch its trust infrastructure on the Ocean Market. Ocean Protocol is an ecosystem that unlocks the value of data. Data owners and consumers use the Ocean Market app to publish, discover, and consume data assets in a secure,...

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Last Chance to Jump Onboard Lightning Train with Solanax Private Sales

Solanax outperforms the go-betweens of the cryptosystem, making a safer and less complex environment for clients to give a less unpredictable and extraordinary client experience.Solanax is a decentralized, noncustodial, automated mechanism to help exchange and sell inside the Solana ecosystem. It eliminates every one of the middle people along these lines making the environment quicker, less expensive, and amazing to the client. It likewise makes the framework not so much mind-boggling but...

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War on Illegal Bitcoin Mining: Iran Confiscates 7,000 BTC Mining Machines

Iranian authorities have confiscated about 7,000 cryptocurrency mining machines. The latest development is in line with Iran’s crackdown on illegal bitcoin mining activities. According to Reuters on Tuesday (June 22, 2021), General Hossein Rahimi, Tehran police chief, revealed that the computer miners were found at an abandoned factory in Iran’s capital, which was used to carry out illegal cryptocurrency mining activities. The latest seizure is the largest ever carried out by...

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