Tag: Blockchain
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It’s crypto winter, and Andreessen Horowitz is shivering. Its main crypto fund is down 40% this year. From a new report in The Wall Street Journal: Get the blog before anyone else…subscribe! Many of the firm’s largest investments have been crushed. Coinbase stock is down nearly 80% since its IPO.…
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+ Blockchain, Crypto, Cryptocurrency, Finance, Investing, Money, Silicon Valley, SOL, Solana, Startups, Stock Market, Stocks, Tech, VC, Venture Capital, Web3+
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Despite cratering crypto markets and a slowdown in venture funding, crypto VC’s are upping the ante. From a report out yesterday in Reuters: Even as the crypto sector shivers in the bleak winter, venture capitalists are pouring money into digital currency and blockchain startups at a pace that’s set to…
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Cryptocurrency lender Celsius Network has stopped all withdrawals, imperiling the savings of 100,000 users. From The Wall Street Journal: A few months ago, Mike Washburn’s cryptocurrency investment looked like a winner. Now he’s just hoping to get his money back. Mr. Washburn, a 35-year-old plumber in Otsego, Minn., had $100,000…
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+ Blockchain, CEL, Celsius, Crypto, Cryptocurrency, DeFi, Finance, Investing, Money, Reddit, Stablecoins, Tech, USDC, USDT, Wallstreetbets+
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Never miss a post…subscribe! Last week, the U.S. government made its largest asset seizure ever: $3.6 billion worth of bitcoin. The money came from the 2016 hack of the Bitfinex exchange. The culprits: Ilya Lichtenstein and Heather Morgan, a young couple from New York City. Perhaps the most interesting detail…
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In what’s begun as a tough year for cryptocurrencies, Solana has attracted more investors than any other coin. The high speed network landed $6 million in inflows so far this year. Larger competitors like Bitcoin and Ethereum have seen outflows in the tens and hundreds of millions of dollars. What…
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I was blown away when I read how fast Solana can process transactions. But there’s a new kid on the block: Fathom. Fathom is even faster than Solana on one important metric: Solana averages 50,000 transactions per second, versus 14 per second on Ethereum. Fantom is not as fast as…
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+ Blockchain, Crypto, Cryptocurrencies, Cryptocurrency, ETH, Ethereum, Fathom, Finance, FTM, Investing, Money, SOL, Solana, Tech+
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GameStop Corp. is now accepting dozens of cryptocurrencies including Bitcoin and Dogecoin, per a report from Investor Place yesterday. These cryptocurrencies can be used at any one of GameStop’s locations or online. GameStop is using the Flexa network, which supports a wide variety of cryptocurrencies. This comes shortly after AMC…
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+ AMC, Bitcoin, Blockchain, Crypto, Cryptocurrencies, Cryptocurrency, Dogecoin, Finance, Gamestop, Investing, Money, Reddit, Stock Market, Stocks, Tech, Wallstreetbets+
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At its recent earnings call, AMC Entertainment Holdings, Inc. CEO Adam Aron revealed that the company may create its own non-fungible tokens (NFTs). These unique pieces of digital art are exploding in popularity, per DappRadar: In Q3, the NFT space generated over $10.67 billion in trading volume. This represents an…
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+ Blockchain, Crypto, Finance, Investing, NFT, NFTs, Reddit, Stock Market, Stocks, Tech, Wallstreetbets+
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Everyone loves Ethereum, right? It’s widely used and has a ton of code already out there for developers to slot into their projects. But there’s one problem. Ethereum can only process about 15 transactions per second. And the huge amount of computing power needed has gotten expensive. Some transactions can…
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Tremendous 