# Sotheby’s crypto-powered auction sells Banksy art for M

# Sotheby’s crypto-powered auction sells Banksy art for $13M

“# Sotheby’s crypto-powered auction sells Banksy art for $13M ” Major auction house Sotheby’s has completed its cryptocurrency-enabled auction offering Banksy’s iconic protest artwork “Love is in the Air.” According to the auction results, Sotheby’s sold the physical artwork on Wednesday for $12.9 million, significantly up from from originally estimated of $3 million to $5…

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# Diem parters with Silvergate bank to launch stablecoin in the US

# Diem parters with Silvergate bank to launch stablecoin in the US

“# Diem parters with Silvergate bank to launch stablecoin in the US ” Facebook-backed digital currency project, the Diem Association, has partnered with cryptocurrency-friendly bank Silvergate to launch a stablecoin pegged to the United States dollar. Diem announced Wednesday a new model of its upcoming stablecoin, relocating its main operations from Switzerland to the United…

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# Bitwise launches US ‘crypto ETF’… sort of

# Bitwise launches US ‘crypto ETF’… sort of

“# Bitwise launches US ‘crypto ETF’… sort of ” Bitwise Asset Management has announced the launch of its Crypto Industry Innovators exchange-traded fund, or ETF. Unlike the numerous proposals for Bitcoin and cryptocurrency ETFs offering direct exposure to digital assets that the U.S. Securities and Exchange Commission takes great delight in shooting down, Bitwise’s new…

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# MoneyGram to allow retail Bitcoin buying in the US

# MoneyGram to allow retail Bitcoin buying in the US

“# MoneyGram to allow retail Bitcoin buying in the US ” Crypto adoption among mainstream payment service companies continues to grow, with MoneyGram set to join the list. In a release issued on Wednesday, the global payment service announced a partnership with crypto exchange and Bitcoin (BTC) ATM operator Coinme Inc., to allow United States…

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# Bitrue floats M cryptocurrency investment fund

# Bitrue floats $50M cryptocurrency investment fund

“# Bitrue floats $50M cryptocurrency investment fund ” Bitrue crypto exchange has announced a $50-million investment fund geared toward supporting cryptocurrency and blockchain startups. According to a recent announcement, the investment fund will target crypto projects working on use cases with the potential to advance the development of the emerging blockchain ecosystem. Of the $50-million…

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