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News (805)

Amid Economic Downturn, Plaid Cuts 260 Jobs

Fintech giant Plaid will be laying off approximately 20% of its employees with engineering and recruiting teams expected to feel the brunt of the downsizing. So reports TechCrunch.

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Outgoing Rep. Cawthorn Hit with $14K Crypto Promo Fine from Ethics Committee

Outgoing Rep. Madison Cawthorn was ordered to donate $14,237.49 to charity as a result of an ethics investigation into his promotion of the controversial Let’s Go Brandon (LGB) coin.

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DSU Offers Spring Class Focusing on Blockchain Technology

Dakota State University is planning a blockchain-based course for its spring semester. So reports South Dakota Public Broadcasting.

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Brazil Takes Big Step Forward with Digital Asset Classification Legislation

Brazilian lawmakers passed a new bill to allow Bitcoin to be used as a digital payment method, although the measure has not been signed into law yet. So reports Cryptoslate.

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Eco-conscious TreeCard Raises $23M in New Funding Round

With the help of Peter Thiel’s Valar Ventures, climate-conscious digital cash app TreeCard raised $23 million in its latest funding round. So reports CNBC.

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Sony Patent Gives Glimpse Into Gaming Giant’s Blockchain Plans

Sony Interactive Entertainment is exploring blockchain and NFT implementation, as evidenced by a newly published patent outlining the gaming giant’s intentions. So reports Video Games Chronicle

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LA Sheriff’s Warn of Crypto Scams, Reports Nearly $8M in Recent Losses

After a rash of cryptocurrency-related crimes, the Los Angeles County Sheriff’s Department has issued a warning to residents. So reports KTLA.

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Miami’s FTX Arena to Be No More After Epic Collapse

The Miami Heat and Miami-Dade County are terminating their naming rights partnership with embattled cryptocurrency firm FTX. So reports ESPN.

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Financial Finesse Ventures Partners with Football Player to Transform Charitable Giving

Financial Finesse Ventures has announced a partnership with NFL linebacker Carl Nassib’s Rayze fintech platform to bolster the charitable giving space. So reports Yahoo! Finance.

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AI-based Lending Startup Lentra Tops $400M Valuation After Series B Round

Lentra, an embedded AI-based Indian startup, raised $60 million in Series B round and pushed its valuation past $400 million. So reports TechCrunch.

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