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UPDATE 1-Avail raises $27 mln in funding backed by Peter Thiel’s Founders Fund

UPDATE 1-Avail raises $27 mln in funding backed by Peter Thiel’s Founders Fund

(Adds executive comments in paragraphs 8-9, background in paragraphs 10-11) By Niket Nishant Feb 26 (Reuters) – Blockchain technology start-up Avail said on Monday it had raised $27 million for its early-stage funding round led by billionaire Peter Thiel’s Founders Fund and crypto investment firm Dragonfly Capital. Venture capital firms SevenX, Figment, Nomad Capital and…

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Forge adds support for Avalanche, Immutable and other protocols

Forge adds support for Avalanche, Immutable and other protocols

Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here.  Forge, a platform designed to reward gamers for their in-game achievements, has announced new strategic relationships with several blockchain protocols. These include Avalanche, Immutable, Polygon, Ronin, Solana and Sui. These collaborations allow…

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Blindspots: Ode to Naysayers

Blindspots: Ode to Naysayers

Technology startups have become something of a fixture of the American economy. No longer the leading manufacturer of anything other than warheads, Internet hegemons like Google and Amazon have become the faces of American innovation and economic opportunity. Alongside these companies is an ecosystem of remora-like media outfits that purport to cover emergent technologies. Breathlessly,…

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Ripple Ally Reports 10% of South Koreans Hold XRP

Ripple Ally Reports 10% of South Koreans Hold XRP

Ripple partner Josh Kim revealed significant insights into adopting XRP in South Korea. According to Kim, approximately 10% of South Korea’s population, estimated at around five million individuals, prefers XRP over other cryptocurrencies. This revelation underscores the digital asset’s strong foothold in one of Asia’s most vibrant economies. Kim, who is at the forefront of…

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Bitcoin has broken past a key technical level that’s signaling it could surge another 22% near record highs, analyst says

Bitcoin has broken past a key technical level that’s signaling it could surge another 22% near record highs, analyst says

Bitcoin could surge another 22% after breaking above a key technical level, according to Fairlead Strategies’ Katie Stockton. Stockton sees bitcoin testing its “final resistance” at about $64,900, which is just below its record high. Bitcoin has surged 26% year-to-date and is up 126% over the past year. Thanks for signing up! Access your favorite…

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