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Spenser Reed

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The Melbourne couple who accidentally received 10.5 million Australian dollars (AUD), or almost $6.6 million, will be facing a plea trial in October for a theft charge after spending the funds that they received by mistake in 2021.

Couple mistakenly sent $10.5M by Crypto.com to face October plea hearing

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Thevamanogari Manivel was sentenced to 18 months of community corrections with six months of unpaid community work while her husband will face a plea...
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.

DeFi activity on the decline, but investment rolls in: Finance Redefined

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The total value locked in DeFi plunged by nearly $5 billion in the past week, falling to $44 billion, according to DappRadar data. Welcome to...
Major European cryptocurrency asset manager CoinShares is launching a hedge fund division in the United States despite the country’s tough crypto regulation climate.

Crypto investment firm CoinShares opens hedge fund division for US investors

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CoinShares’ subsidiary and broker-dealer registered with FINRA will be conducting marketing activities for the new hedge fund division in the United States. Major European cryptocurrency...
itmain rolled out its next-generation Antminer S21 and S21 Hydro ASIC miners at the World Digital Mining Summit (WDMS) in Hong Kong on Sept. 22, revealing the crucial performance stats the entire industry has been waiting for.

Bitcoin miners double down on efficiency and renewable energy at the...

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Bitmain rolled out its efficiency-focused Antminer S21 at the WDMS, and Bitcoin miners shared their plans for boosting productivity via green energy. Bitmain rolled out...
Venture capital group Blockchain Capital announced the closing of two new funds, totaling $580 million, for investment in infrastructure, gaming, DeFi, and consumer and social technologies.

Blockchain Capital closes funds totaling $580M for investments in crypto gaming,...

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The funds include $380 million for early stage investments and a $200 million "opportunity fund." Venture capital group Blockchain Capital announced the closing of two new funds,...
Japan’s largest investment bank, Nomura’s digital asset subsidiary Laser Digital Asset Management, has launched a Bitcoin Adoption Fund for institutional investors.

Bitcoin Adoption Fund launched by Japan’s $500B Nomura bank

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The Bitcoin Adoption Fund will have long-only exposure to Bitcoin and be available to institutional investors. Japan’s largest investment bank, Nomura’s digital asset subsidiary Laser...
Canadian fintech corporation WonderFi, a firm backed by billionaire Kevin O’Leary, recently announced a strategic partnership between Bitbuy and cryptocurrency ATM provider Localcoin ATM.

Bitbuy enters strategic partnership with Canadian crypto ATM firm Localcoin

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Localcoin ATM will also be expanding its range of cryptocurrency offerings and launching a wallet app. Canadian fintech corporation WonderFi, a firm backed by billionaire...