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@Coins

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◽️ Crypto exchange FTX is set to make the best buyout deal this year when it finalizes terms to acquire BlockFi.

The sale price ($15 million) is a far cry from the $3 billion value BlockFi obtained during a March investment round wherein the company secured $350 million.

Sources added that FTX US would pay $25 million more if BlockFi wins an important regulatory clearance from the U.S. Securities and Exchange Commission by December 31 for BlockFi Yield. Moreover, if BlockFi’s client assets reach a minimum of $10 billion by October 2023, FTX US will pay an additional $100 million.

https://bitcoinist.com/ftx-could-buy-out-blockfi/

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💬 Billionaire investor Mark Cuban has lambasted the U.S. Securities and Exchange Commission (SEC) chair Gary Gensler for the agency’s unclear regulations.

https://decrypt.co/108019/mark-cuban-slams-sec-chair-genslers-stance-on-crypto

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👀 Uniswap eyes NFT financialization, in talks with lending protocols

https://twitter.com/Scott_eth/status/1562075758885244928

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🏛 Crypto whale Cobie donates $100,000 to YouTuber sued by BitBoy

https://twitter.com/cobie/status/1562220965253218304

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🌐 Huobi Tech Obtained MSB License in Canada Further Expanding Regulated Business Globally.

https://www.huobitech.com/about-us/news/press-releases/huobitech_obtained_msb_license_in_canada.html

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🔄 THORSwap has integrated own full-featured Ethereum DEX Aggregator to swap thousands of ERC-20 tokens across 8+ L1 blockchains in a single transaction, right from your own self-custody wallet.

https://twitter.com/THORSwap/status/1562080383398645763?s=20&t=iHnkkCZQZ9x5LRqsFdb1KA

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