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Day: October 22, 2021

WeWork (WE) Goes Public Via SPAC Merger

WeWork climbed 13.49% on its first day of trading after going public. Workspace sharing company WeWork (WE) made its long-awaited public listing on Thursday, Oct. 21, climbing 13.49% on its first day of trading to close at $11.78. Instead of going public through a traditional initial public offering (IPO), the New York City-based company completed a $9 …

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Walmart Has Quietly Begun Hosting Bitcoin ATMs

The retail giant is offering bitcoin through 200 of its Coinstar kiosks in a tie-up with crypto ATM firm Coinme. We made sure it’s real. A bitcoin-enabled Coinstar kiosk at a Walmart in Warminster, Pa. (Kevin Reynolds/CoinDesk) Walmart, the world’s largest company by revenue, is letting customers buy bitcoin at dozens of its U.S. stores. …

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MoneyGram launches USDC settlement using the Stellar blockchain

The partnership will enable MoneyGram customers to fund and withdraw from their accounts using the USDC stablecoin at physical branches. Financial services company MoneyGram International has partnered with the Stellar Development Foundation to enable consumers to send money using Circle’s popular stablecoin, USD Coin (USDC), and convert directly to and from fiat. Per a Wednesday announcement, …

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US PUBLIC PENSION FUND INVESTS IN BITCOIN FOR THE FIRST TIME

The Ripple boss claims his company has been unfairly treated, thereby giving Ethereum the edge. Ripple chief executive Brad Garlinghouse has been airing his thoughts over the state of the crypto market and regulations, and a grudge over the financial regulator’s approach to Ethereum appears to have surfaced. Speaking at the DC Fintech Week virtual …

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US PUBLIC PENSION FUND INVESTS IN BITCOIN FOR THE FIRST TIME

NYDIG facilitated the purchase, representing “a watershed moment for bitcoin and its place in public pensions,” its global head said. A U.S. public pension fund has invested in bitcoin for the first time. The Houston Firefighters’ Relief and Retirement Fund acquired an undisclosed amount of BTC through institutional bitcoin services provider NYDIG. The investment “represents …

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BITO BITCOIN ETF BECOMES FASTEST ETF EVER TO HIT $1 BILLION AUM

The ProShares bitcoin-linked ETF hit $1 billion in assets under management in just two days. ProShares bitcoin-linked ETF hit $1 billion in assets under management in just two days, a record for the ETF industry. Gold ETF GLD held the previous record, having crossed the $1 billion mark in three days after it launched in …

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