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Hedge fund that shorted GameStop closes as $1.13B GME stock offer completes

GameStop has completed a stock offer worth nearly $1.13 billion to fund growth, while a hedge fund that incurred losses from shorting GME is closing down.

Elon Musk announced, Tesla is reconsidering Bitcoin as Payment after Miners Turn 50 % Green.

The globally known business tycoon, Elon Musk, CEO of famous automobile company Tesla, announced on Sunday, 13 June 2021, that Tesla will resume taking payments through bitcoin once the miner’s industry will confirm the usage of adequate clean energy from now onwards. Musk tweeted on Sunday that if miners provide a formal assurance of using … Read More

Mexico lawmakers aim to follow the example of neighboring countries with proposed Bitcoin legislation

“We are going to lead the shift to crypto and fintech in Mexico,” said one senator.

Cointelegraph Consulting: DeFi projects launch on Polygon, usage skyrockets

Strolling through the numbers of the Aave and 1inch versions on Polygon as the network gains its momentum.

Facebook’s Diem Unveils Its Latest Stablecoin Plans and Strategic Move to the United States

Facebook’s Diem Unveils Its Latest Stablecoin Plans and Strategic Move to the United States
Diem Association, previously known as Facebook’s Libra initiative, announced on Wednesday that it plans to launch a US dollar stablecoin as it scales down its global goals to concentrate on the US. The group, which includes 26 financial institutions and non-profits, announced that it was relocating its core activities from Switzerland to the United States … Read More

How to Market Your STO (Security Token Offering) Successfully?

Because of the high potential of blockchain in transforming the world, financial services can be enhanced by crypto assets. Undoubtedly, nowadays, people are aware or familiar with utility tokens. But the concept of STO is still new in the market.STO stands for security...