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Cryptocurrency

Web2 giants coming into Web3 could benefit ecosystem — PBW founder

Paris Blockchain Week founder Michael Amar believes large Web2 companies entering the Web3 space bring resources capable of increasing mass adoption.

Coinbase teams up with Brazilian central bank’s Pix to offer expanded services

Brazilians will have more options for trading in crypto and better customer service as the U.S.-based exchange partners with the popular instant payment app.

Texas lawmaker introduces resolution to protect Bitcoin miners and HODLers

The Lone Star State is already home to many crypto and blockchain firms as well as miners taking advantage of the regulatory-friendly environment.

CCP Games secures $40M funding for upcoming Web3 game

The financing was led by venture capital firm Andreessen Horowitz, with participation from Makers Fund, BITKRAFT, Kingsway Capital and HASHED, among others.

Sushi sets up legal defense fund after SEC subpoenas head chef Jared Grey and DAO itself

The DAO said it would not be commenting on “ongoing legal investigations,” but its existing $100,000 defense fund was apparently not enough.

Bitcoin holds $28K due to spot buying, but institutional investors are still selling

BTC price continues to show bullish momentum, but the absence of whale buyers and institutional investor selling threatens to weaken the current rally.

CryptoUK calls on regulators to address de-banking of digital asset firms

The trade association said many banks in the U.K. had begun imposing blanket bans on dealing with crypto firms “instead of taking a risk-based...

Bitcoin hits new 9-month highs above $28K as markets flipflop over FOMC

Bitcoin price action targets $28,500 with "all classes" buying BTC, but the odds of the Fed pausing rate hikes are decreasing by the hour.

Swedish pension fund Alecta dumps First Republic Bank shares after price plummets

The Swedish fund was the bank’s fifth largest shareholder; the fund’s CEO said the uncertainty surrounding First Republic was too great.

Why is Bitcoin rising amid collapsing banks? Watch The Market Report

On this week’s episode of The Market Report, Cointelegraph’s resident expert explains why Bitcoin is rising and why banks are collapsing.
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