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Michael Saylor recently shared his thoughts on crypto adoption and regulation at the Bitcoin 2023 conference.
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Memecoins, or meme cryptocurrencies, started as a cultural phenomenon with the launch of Dogecoin (DOGE) in 2013, inspired by an internet meme and a critique of the wild crypto market at the time.
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Crypto has a branding problem As is good practice in growing businesses, FTX spent 15% of its revenue on marketing and advertising, which included a cool $375 million on multi-year sport sponsoring contracts, including several stadium and co-branding naming rights.
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Under the Plan, Celsius' account holders will own 100% of the new equity in NewCo," it said, adding that NewCo will be overseen by a new board of directors, a majority of which will be appointed by creditors.
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Reuters) - Bankrupt crypto lender Celsius Network LLC said on Thursday it has chosen Fahrenheit's proposal as the winning bid to manage a new entity to be owned by its creditors, directing itself out of bankruptcy.
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Fahrenheit, a consortium that includes blockchain-based venture capital firm Arrington Capital, will provide the capital, management team and technology to establish and operate the new company (NewCo),
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