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August 2022

World’s Largest Asset Manager Blackrock Launches Bitcoin Private Trust Citing ‘Substantial Interest’ From Clients

World’s Largest Asset Manager Blackrock Launches Bitcoin Private Trust Citing ‘Substantial Interest’ From Clients

The world’s largest asset manager, Blackrock, has launched a spot bitcoin private trust. “Despite the steep downturn in the digital asset market, we are still seeing substantial interest from some institutional clients,” said Blackrock. Blackrock Launches Bitcoin Trust Blackrock, the world’s largest asset manager, has launched “Blackrock bitcoin private trust.” According to a Thursday blog […]

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Snapple Created a Bodega in the Metaverse

Snapple Created a Bodega in the Metaverse

The virtual installation in Decentraland comes with big savings (as much as $1.39) to visitors who complete its scavenger hunt and register their… PayPal wallets. There’s a new bodega in the metaverse game Decentraland, and the sugary beverage company Snapple is behind it. The virtual New York City-style corner store was erected by Snapple in the metaverse

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Email Marketing Firm Mailchimp Suspends Several Crypto-Related Accounts

Email Marketing Firm Mailchimp Suspends Several Crypto-Related Accounts

The stoppage appears to have started several weeks ago. Mailchimp appears to have suspended the accounts of several crypto-related firms, according to the affected outlets. Crypto firms on the chopping board include intelligence platform Messari. Founder Ryan Selkis posted on Twitter revealing the suspension and expressing his disappointment. Media outlet Decrypt also reported the news. Crypto wallet provider Edge, NFT

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OpenSea introduces new stolen item policy to combat NFT theft

OpenSea introduces new stolen item policy to combat NFT theft

A Twitter user claimed that they purchased a stolen NFT and OpenSea support advised them to sell it on another marketplace. As asset theft remains one of the biggest headaches in the nonfungible token (NFT) space, NFT marketplace OpenSea is making an effort to tailor its policy to incorporate additional measures against stolen items. In an announcement,

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WORLD’S LARGEST ASSET MANAGER BLACKROCK LAUNCHES SPOT BITCOIN PRIVATE TRUST

WORLD’S LARGEST ASSET MANAGER BLACKROCK LAUNCHES SPOT BITCOIN PRIVATE TRUST

After announcing it would enable bitcoin trading services, $10 trillion BlackRock now offers spot bitcoin exposure to institutions in a private trust. BlackRock has launched a spot bitcoin private trust for institutions. Earlier this month, BlackRock announced a partnership with Coinbase to offer bitcoin trading service to its clients. Last year the $10 trillion asset

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Ether surges to a two-month high after ethereum inches closer to long-awaited upgrade

Ether surges to a two-month high after ethereum inches closer to long-awaited upgrade

KEY POINTS The world’s second-biggest cryptocurrency reached a price above $1,900 on Thursday, according to data from CoinMetrics. It comes after ethereum, ether’s underlying network, successfully ran its final dry run for a key event called the “merge.” Slated to take place in September, the merge is expected to make ethereum faster and more energy-efficient.

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The Sandbox Expands Footprints in Hong Kong for Alpha Season 3

The Sandbox Expands Footprints in Hong Kong for Alpha Season 3

Decentralized virtual gaming developer The Sandbox, a subsidiary of Animoca Brands, announced Thursday to roll out the first-ever pop-up atelier in Hong Kong for the upcoming seasonal events. To facilitate the experience in the Metaverse, the leading virtual real estate developer is actively establishing a virtual platform for global users. By offering a virtual land

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Bitpay Reveals Prepaid Cardholders Can Get up to 15% Cash Back Rewards via Select Retailers

Bitpay Reveals Prepaid Cardholders Can Get up to 15% Cash Back Rewards via Select Retailers

The Atlanta-based crypto payment services company Bitpay has announced that Bitpay’s prepaid cardholders are eligible for cash back rewards if they use their card with participating retailers. The rewards feature stems from Bitpay’s partnership with Cardlytics and cardholders can get up to 15% in cash back rewards on purchases from the service from thousands of

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MOTIV INC. LAUNCHES 16 CIRCULAR BITCOIN ECONOMIES IN PERU

MOTIV INC. LAUNCHES 16 CIRCULAR BITCOIN ECONOMIES IN PERU

The NGO announced 16 circular bitcoin economies are operational In Peru after establishing educational material empowering the financially excluded communities. Motiv Inc., has announced the launch of 16 circular bitcoin economies in Peru. The company develops educational resources teaching underdeveloped communities how to use bitcoin to create their own economies. Many communities in Peru are

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Elon Musk sells 7.92 million Tesla shares worth .88 billion

Elon Musk sells 7.92 million Tesla shares worth $6.88 billion

KEY POINTS Earlier this year, the Tesla and SpaceX CEO said on social media that he had “no further TSLA sales planned” after April 28. After Musk’s latest stock sales were revealed, Tesla fans and promoters asked the celebrity CEO if he was done selling shares in the electric vehicle business, and if he might

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