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Bitcoin Price Alert: Dormant Whales Move $11M After 10 Years
bitcoin Whales Resurface After a Decade of Dormancy in 2024 The cryptocurrency market is abuzz with activity as bitcoin‘s price soars above $60,015.20 USD. Recently, two long-dormant wallets came back to life, after more than a decade of inactivity, stirring up curiosity and speculation in the crypto community. One of the wallets, inactive for over…
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How This Ethereum L2 Pioneer Bagged $11M in Funding – The Inside Story
In the rapidly evolving landscape of blockchain technology, the development of a declarative, intent-based blockchain marks a pivotal shift towards a more scalable and user-focused approach. Essential, an Ethereum layer-2 blockchain leveraging the Optimism rollup, recently secured $11 million in a Series A funding round led by Archetype. This significant financial injection, increasing the total…
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MicroStrategy Deepens Crypto Bet, Adds $11M in Bitcoin Despite Q2 Setback
In the rapidly evolving world of digital finance, MicroStrategy, an American software firm, recently unveiled its financial performance for the second quarter, revealing a notable net loss alongside its bold strides in the cryptocurrency space, specifically bitcoin. This occasion offers an insightful glimpse into the intersections of traditional corporate strategy and modern digital asset investment,…
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Igloo, Inc., Parent Company of Pudgy Penguins, Secures $11M for Growth Initiatives
Revolutionizing the Blockchain: Igloo’s Grand Plan with Abstract The world of blockchain and digital assets is on the brink of a remarkable transformation, and leading the charge is none other than Igloo, Inc. The creators behind the beloved Pudgy Penguins NFT collection have recently bagged a monumental $11 million investment. This hefty sum is poised…
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Igloo, Inc., Backing Pudgy Penguins, Secures $11M for Gaming Expansion
A Leap Toward Mainstream Blockchain Adoption: The Rise of Abstract The landscape of blockchain technology is on the brink of a significant shift, spearheaded by none other than Igloo, Inc., the innovative force behind the Pudgy Penguins nft collection. This dynamic company has recently secured a notable $11 million in funding. The purpose? To breathe…
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Pudgy Penguins Company Secures $11M for Ethereum Layer-2 Expansion Effort
Unlocking the Future of crypto with Groundbreaking Innovations Welcome to the era where technological advancements are not just reshaping the digital world, but are also providing innovative solutions to enhance user interaction with blockchain technology. With the rapid growth of the crypto market, one company stands at the forefront of this revolution, poised to transform…
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Pudgy Penguins Team Secures $11M for Novel Consumer-Centric Blockchain Project
Welcome to the Dawn of Abstract: A Game Changer for Crypto Adoption The digital landscape is on the brink of a significant transformation, with the advent of a new and innovative blockchain platform, Abstract. Crafted with the consumer at the heart of its creation, Abstract is not just another blockchain; it’s the bridge to the…
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Bitlayer Secures $11M in Series A Funding Led by Franklin Templeton and ABCDE
Unlocking the Next-Generation Bitcoin Ecosystem with Bitlayer’s Breakthrough The cryptocurrency world just hit another remarkable milestone, with Bitlayer Labs steering the helm towards uncharted territories. In an exciting turn of events, this trailblazing company has successfully secured an $11 million Series A investment round, showcasing the unwavering confidence of heavyweight investors in the future of…