German software developer donated $1.2M in ‘undeserved’ Bitcoin to political party

“The donor has made it clear to us that he sees these profits as undeserved wealth,” said a spokesperson for the country’s Greens party. A German national who reportedly sees his Bitcoin profits as “undeserved wealth” has donated more than $1 million to the country’s green political party. According to Hamburg-based news …

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Garry Tan’s 2013 investment of $300K in Coinbase is now worth $2.4B

Prominent angel investor Garry Tan invested $300,000 in Coinbase in 2013 and with today’s COIN listing it’s now worth $2.4 billion. Garry Tan, a prominent angel investor and the founder of Initialized Capital, was one of the first investors to provide seed funding to Coinbase eight years ago.  Less than a decade …

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$420M in leveraged long traders liquidated after XRP rallies to $1.96

XRP price dropped by 20% shortly after making a 2021 high at $1.96, but have the altcoin’s bullish fundamentals changed? XRP holders couldn’t have asked for a better year as the cryptocurrency rallied almost 800% and flirted with a $2 level in the early hours of April 14.  In addition to achieving …

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Watch out as r/Wallstreetbets finally allows crypto threads… within limits

Reddit group r/wallstreetbets will allow a limited amount of crypto discussion, as it seeks to accommodate members in the community without detracting from its stock market focus. The moderators of subreddit r/wallstreetbets have announced they will allow crypto discussion in the subreddit from today. The retail trading group, famous for pumping traditional …

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Raise a PINT to Polkadot’s new index token: Six top projects sign up

Six of Polkadot’s top projects have already put their hands up to feature in the Polkadot Index Network Token and sit on its Constituent Council. The source code for the upcoming Polkadot Index Network Token, or PINT, has been made public, with half a dozen projects putting their hand up to be …

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DeFi mutual fund Sheesha Finance raises $9.4M

Sheesha is attempting to make DeFi projects more accessible to mainstream users. Sheesha Finance, a decentralized finance mutual fund based in the United Arab Emirates, has raised $9.44 million over a two-week token sale — underscoring heightened investor demand for DeFi applications.  The token sale, known as a liquidity generation event, or …

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NFTs by mail? US Postal Service plans to support postage tokens

The government agency reported $73.1 billion in revenue from postage and other services in the 2020 fiscal year. The United States Postal Service will soon be stepping into the nonfungible token market. Not to release artwork or music, but rather to help customers purchase postage. In an announcement on Tuesday, communications-as-a-service platform …

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