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FTX, a previously bankrupt crypto exchange, has successfully recovered $7.3 billion in assets and is currently contemplating a relaunch in Q2.

FTX, a cryptocurrency exchange that filed for bankruptcy in 2019, has made a remarkable comeback. The exchange has successfully recovered $7.3 billion in assets and is now considering a relaunch in the second quarter of 2021. This news has been welcomed by the cryptocurrency community, as it shows that even a bankrupt exchange can recover and regain its position in the market.FTX was founded in 2018 by Sam Bankman-Fried and Gary Wang. The exchange quickly gained popularity due to its innovative trading features and low fees. However, in 2019, FTX

Shift in Fundraising: Europe Tech Startups Double Debt Financing

In recent years, there has been a shift in fundraising strategies for European tech startups. While equity financing has traditionally been the go-to option for startups seeking funding, there has been a significant increase in the use of debt financing. According to a report by Dealroom, the amount of debt financing raised by European tech startups has more than doubled in the past five years, from €1.4 billion in 2015 to €3.2 billion in 2020.So, what is debt financing, and why are more startups turning to this option? Debt financing

Shift in Fundraising Sees Europe Tech Startups Double Debt Financing

In recent years, there has been a significant shift in the way that European tech startups are raising funds. Instead of relying solely on equity financing, many companies are turning to debt financing as a way to fuel their growth. This trend has seen the amount of debt financing for European tech startups double in the past year alone.So why are more and more startups turning to debt financing? There are several reasons for this shift. Firstly, debt financing allows startups to raise capital without diluting their ownership or giving

The Role of Microsoft Flight Simulator in Preserving a Ukrainian Dream

Microsoft Flight Simulator has been a popular game among aviation enthusiasts since its inception in 1982. However, the game has also played a significant role in preserving a Ukrainian dream – the dream of flying.Ukraine has a rich aviation history, with many notable pilots and aircraft designers hailing from the country. However, due to political and economic instability, the aviation industry in Ukraine has struggled in recent years. Many young Ukrainians who dream of becoming pilots are unable to afford the high costs of flight training.This is where Microsoft Flight

Hoskinson attributes banking crisis to money printing and fractional reserve banking, not crypto.

Charles Hoskinson, the founder of Cardano and co-founder of Ethereum, has recently spoken out about the banking crisis and its root causes. In a recent interview, Hoskinson attributed the crisis to two primary factors: money printing and fractional reserve banking. He also made it clear that cryptocurrencies are not to blame for the current economic situation.Money printing, or quantitative easing, is the process by which central banks create new money to stimulate the economy. This can be done by purchasing government bonds or other assets, which injects new money into

Countries with large unbanked populations have the highest adoption rates of Crypto and Bitcoin ATMs.

In recent years, the world has witnessed a significant increase in the adoption of cryptocurrencies, particularly Bitcoin. While this trend has been observed across the globe, it is particularly pronounced in countries with large unbanked populations. This is because cryptocurrencies offer a viable alternative to traditional banking systems that are often inaccessible to these populations.According to a report by the World Bank, approximately 1.7 billion adults worldwide do not have access to formal financial services. This means that they are unable to open bank accounts, take out loans or access

AUD/USD Exchange Rate Struggles to Rise Above 0.6700 as USD Selling Offers Some Relief

The AUD/USD exchange rate has been struggling to rise above 0.6700 in recent weeks, as the US dollar has been selling off. This has offered some relief to the Australian dollar, which has been under pressure due to a weak domestic economy and a strong US dollar. The AUD/USD exchange rate is currently trading at around 0.6690, down from its recent high of 0.6720 in mid-July. The pair has been unable to break through the 0.6700 level, despite the US dollar selling off in recent weeks. This is due to

Maximizing Backer Conversion Through Topping Up Rewards Strategies

It’s no secret that successful crowdfunding campaigns rely heavily on the support of backers. Without them, campaigns would be unable to reach their goals and bring their projects to life. As such, it’s important for campaigns to maximize their backer conversion rate, or the number of people who actually back the project. One way to do this is by implementing topping up rewards strategies.Topping up rewards strategies involve offering additional rewards for backers who pledge a certain amount of money. For example, if a backer pledges $50, they may receive

Dota 2 2023 DPC Tour 2 Division I North America Results Summary

The Dota 2 2023 DPC Tour 2 Division I North America tournament was an exciting event that featured some of the best teams in the region. The tournament was held from April 15th to April 25th and featured eight teams competing for a share of the $50,000 prize pool. The tournament was broadcasted live on Twitch and YouTube, and the matches were also available on the official Dota 2 website. The tournament was split into two groups, with four teams in each group. Each team played each other in a

Balaji Srinivasan Predicts Hyperinflation and Bets on Bitcoin Price Surpassing $1M in 90 Days

In recent weeks, the cryptocurrency world has been abuzz with the news that Balaji Srinivasan, a prominent venture capitalist and former Chief Technology Officer of Coinbase, has predicted hyperinflation and is betting on Bitcoin price surpassing $1 million in 90 days. This bold prediction has caught the attention of many in the crypto community, as it could have a huge impact on the future of cryptocurrency. Srinivasan’s prediction is based on the idea that the current economic system is unsustainable and that hyperinflation is inevitable. He believes that the current