Australia on track for a crypto boom by 2030, EY report says
The report says the country’s crypto industry could swell by up to 30 times its current size in the coming decade.
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China’s Zhejiang province busts dozens of state-owned entities for mining crypto
An internet authority in East China’s Zhejiang province has identified in July 4,699 IP addresses in the province that were involved with cryptocurrency mining, and among them 183 addresses were related to 78 state-owned entities, according to a Tuesday article published on the website of China’s Central Commission for Discipline Inspection (CCDI), the country’s anti-corruption…
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Myanmar’s shadow government uses Tether in its fight against military rule
The National Unity Government recognizes Tether as an official currency, defying the cryptocurrency ban imposed last year.
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Hong Kong-based Brinc closes $130M funding led by Animoca Brands to fuel Web 3.0 growth
Brinc, a Hong Kong-headquartered venture capital focused on Web 3.0, today announced that it has secured US$30 million in a Series B round and an additional US$100 million for startup investments. The funding was led by Animoca Brands — a Hong Kong-based blockchain gaming, metaverse and non-fungible token (NFT) company — to further fuel Brinc’s investment in…
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Latest Elon Musk plug sends Dogecoin price soaring — briefly
Dogecoin rallied 31% when Elon Musk tweeted that Tesla will accept it for payment of “merch.”
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US SPAC’s refusal to merge with Hong Kong crypto firms raises questions
Crypto 1 will consider acquisition targets worldwide but steer clear of digital assets companies in China and Hong Kong. Are the lights dimming on a major crypto hub?
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How sports and crypto are knocking it out of the park
The billion-dollar intersection of sports and crypto is a big win for all, writes Ben Armstrong, aka BitBoy Crypto. Here’s how to make sense of this seismic cultural shift.
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South Korea’s WeMade invests in blockchain property startup Kasa
South Korean video game developer WeMade revealed today it has invested in Kasa, a blockchain-based digital asset-backed securities (DABS) trading platform with a focus on prop-tech — where information technology is applied to real estate economics. Fast facts Kasa is a platform where users can invest in commercial buildings with small amounts of money, similar…