Finance
Solana-Focused Startup Accelerator Colosseum Raises $60M to Invest in Early-Stage Projects
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1 week agoon
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The fund, which was oversubscribed, will focus on pre-seed investments in selected startups from the winners of Solana Hackathons. “It’s evident that there is a market demand for novel, specialized venture products in crypto, and we are excited to have a diverse group of investors, including ecosystem founders and hackathon alumni, alongside us to realize our vision for Colosseum,” said Clay Robbins, co-founder of Colosseum, in a statement.
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Billionaire Tech CEO Michael Dell Signals Bitcoin Interest Via Michael Saylor Retweet
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June 23, 2024By
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As first CEO and now executive chairman at MicroStrategy, Saylor has not only led that company to its acquisition of 226,331 bitcoin worth $15 billion over the past almost four years (the latest being the acquisition of 11,900 BTC just this week), but he’s also evangelized for other corporations to follow suit with their own balance sheets.
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elon musk
Twitter bids adieu to Bluebird as Elon Musk rebrands platform to X
Published
11 months agoon
July 24, 2023By
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The popular social media platform Twitter officially rebranded to X after months of teasing by its former CEO, Elon Musk. The rebranding saw the popular social media app ditch its recognizable bird logo and replace it with a simple X. The rebranding also saw the social media app change its color scheme from blue to black.
As part of the rebranding, Twitter’s URL was changed to x.com, a domain name linked to Musk’s 1999 financial services startup, which was sold to PayPal.
https://t.co/bOUOek5Cvy now points to https://t.co/AYBszklpkE.
Interim X logo goes live later today.
— Elon Musk (@elonmusk) July 23, 2023
X.com was an early online bank, and the company was initially funded by Musk and Greg Kouri, who went on to fund Musk’s later ventures, Tesla and SpaceX.
Musk uses the letter X in several of his business interests, including SpaceX and Tesla car models.
Musk established X Corp. in March as the parent company of Twitter, making way for Twitter’s rebranding. The rebranding is part of Musk’s vision to create a “super app” with multiple functionalities. In April, Twitter introduced a new feature that allowed app users to access the crypto market and other financial market services from within the app.
Musk’s tenure as the head of Twitter was controversial from the start. However, his plans to transform Twitter began long before the takeover.
In a recent interview, Musk reiterated that the main motive behind rebranding to X was to create an “everything app,” a concept popular in China. Chinese social media applications, such as WeChat, are used for text and video calls, and have provisions to pay bills, book cabs, book restaurants and other financial activities without leaving the app.
Musk said if done correctly, X could become a popular platform for finance, banking, payments and data, and over time it has the potential to become “half of the global financial system.”
X is finally arriving!
X will be an “everything app” i.e. super app for U.S. (like WeChat of China)
• Social: network, msgs, video, content
• Finance: banking, payments, data“Overtime it would be HALF of global financial system” – Elon Muskpic.twitter.com/wWywAdYRZR
— Brandon Hoffman (@BrandonHoffman_) July 14, 2023
However, The rebranding of Twitter didn’t prompt much support from many users who believed ditching the famous blue bird for a new concept was not a good idea.
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Bitcoin
Cryptocurrency: Changing the Future of Finance | by Blockchain.com | @blockchain | May, 2023
Published
1 year agoon
May 31, 2023By
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Cryptocurrency has been a topic of discussion for a while now, and with good reason. It has already started to change the way we think about finance. But what does the future hold for cryptocurrency?
In this article, we will discuss where cryptocurrency is going in the next 10 years and how it will change the future of finance.
One of the main reasons cryptocurrency has the potential to change the future of finance is its decentralized nature. Cryptocurrencies like Bitcoin and Ethereum are not controlled by any central authority, which means that they are not subject to government regulations or the whims of a small group of individuals. This makes them more resistant to manipulation and corruption.
In the next 10 years, we can expect to see more and more businesses and individuals use cryptocurrency as a way to conduct transactions without the need for intermediaries. This will not only make transactions faster and cheaper but also more secure.
Another way cryptocurrency is changing the future of finance is through accessibility.
Anyone with an internet connection can use cryptocurrency, regardless of where they are in the world. This is particularly important for people who do not have access to traditional banking services.
Finally, cryptocurrency is driving innovation in the financial industry. The underlying technology behind cryptocurrencies, blockchain, has the potential to revolutionize the way we think about security and transparency in finance.
In the next 10 years, we can expect to see more and more companies harness the power of blockchain to develop new financial products and services.
This will not only lead to more innovation but also create more competition in the financial industry, which will ultimately benefit consumers.
- Go to Blockchain.com and create an account.
- Verify your identity
- Add funds to your account: Add funds to your account using a credit card, bank transfer, or other payment methods.
- Navigate to the “Buy Crypto” tab and select the cryptocurrency you want to buy. Enter the amount you want to buy and confirm the transaction.
- Once your purchase is complete, you can store your crypto in your Blockchain.com wallet.
It’s important to remember that the market is unpredictable, and individuals should always do their due diligence before making any investment decisions.
This information is provided for informational purposes only and is not intended to substitute for obtaining accounting, tax or financial advice from a professional advisor.
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