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NYSE Parent Invests Another $600 Million in Polymarket as Prediction Market Volume Soars

NYSE Parent Invests Another $600 Million in Polymarket as Prediction Market Volume Soars

Polymarket receives a $600 million investment from the parent company of the New York Stock Exchange. The Intercontinental Exchange, the parent company of the New York Stock Exchange, has invested another $600 million in Polymarket, one of the leading crypto-based prediction markets. The move comes just after Kalshi, Polymarket’s competitor, closed a $1 billion investment […]

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Farcaster Parent Company Valued at Over $1 Billion in Paradigm-Led Funding Round

Farcaster Parent Company Valued at Over $1 Billion in Paradigm-Led Funding Round

Last updated: March 31, 2024 11:00 EDT | 2 min read Merkle Manufactory, the company behind the decentralized social network Farcaster, is on the verge of reaching a valuation of $1 billion in its latest funding round. Leading the funding round is crypto investment firm Paradigm, known for its investments in major cryptocurrency companies like

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WSJ Parent Company Sued Over Tether, Bitfinex Article

WSJ Parent Company Sued Over Tether, Bitfinex Article

At the beginning of last spring, the Wall Street Journal published an investigative article on Tether, Bitfinex, and related companies. The majority stake of both Tether and the Bitfinex exchange is owned by iFinex, a corporation established in the Virgin Islands. Controversial Article At the time, the Wall Street Journal claimed that the two companies,

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