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Crypto startups raise approx $52 million in the past week


For a significant amount of time, the climate surrounding crypto startup companies has appeared bleak and depressing. Recently, however, it seems that the tide has turned in their favor, as they were able to raise approximately $52 million last week. Earlier this week, they raised more than $118...

Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet


Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million, more than the initially committed $1 million, with two-thirds of...

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