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” Chipotle takes ‘buy the dip’ literally with new $200K crypto giveaway “ United States-based fast casual restaurant chain Chipotle has started an online game which will give customers the chance to win more than $200,000 in crypto. In a Monday announcement, Chipotle said that through July 31 fans would be able to play its…
” Over a quarter of Asian Pacific ‘emerging giant’ startups tied to blockchain: Report “ The Asia Pacific region is seeing a major business shift with increasing numbers of new technology startups appearing, even as venture capital investment is decreasing compared to last year. A report from Big Four accountant KPMG and international banking company…
” Tesla reports $64M profit from Bitcoin sale “ Tesla’s decision to offload most of its Bitcoin (BTC) treasuries netted the company a hefty profit in the second quarter, even as crypto prices plunged into a bear market. In the first six months of 2022, Tesla recorded $170 million of impairment losses “resulting from changes…
” Crypto user who lost $163M in Bitcoin wants to deploy robot search party: Report “ James Howells, a British man who mistakenly discarded a hard drive containing roughly 7,500 Bitcoin in 2013 has reportedly started looking at having robots and humans work together to retrieve his crypto from a local landfill. According to a…
” Aptos Labs raises $150M, more than doubling valuation “ Layer-1 blockchain developer Aptos Labs has closed a $150 million funding round to further its ambitions in the Web3 space, further highlighting venture capital’s appetite for budding crypto-focused startups. The funding round was co-led by venture studios FTX Ventures and Jump Crypto, with additional participation…
” 3AC: A $10B hedge fund gone bust with founders on the run “ Three Arrow Capital (3AC), a Singapore-based crypto hedge fund that at one point managed over $10 billion worth of assets, became one of the many crypto firms that went bankrupt in this bear market. However, the fall of 3AC wasn’t purely…
” Tether, Bitfinex, Hypercore collab to launch encrypted P2P apps “ Staying true to the “bear market is for building” motto, crypto exchange Bitfinex along with Tether (USDT) and Hypercore announced the launch of a fully encrypted platform, Holepunch, for building peer-to-peer applications. As part of the initiative, the trio launched Keet, an encrypted application…
” The best bear market plan? ‘Relentless optimism for the future,’ says fintech CEO “ While many crypto veterans give out a wide range of bear market advice and strategies, some opt for a more straightforward approach—optimism. Being resilient and positive during this time is very important, according to Jeremy Almond, the CEO of Paystand,…
” The University of Tokyo to offer courses in the Metaverse “ The University of Tokyo, also known as Todai is set to offer a range of study programs later this year that will take place in the Metaverse. According to a July 23 report from local news outlet The Asahi Shimbun, the courses will…
” Experts clash on where virtual reality sits in the Metaverse “ Virtual reality (VR) will eventually have a place within the Metaverse, but not for the foreseeable future given its slow adoption rates, according to experts. There isn’t much that can rival the experience of having one’s senses almost immersed in a virtual world…