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Funds locked in Aave soar past $20 billion amid layer-two embrace
Aave’s TVL has soared past $20 billion, with one-third of capital coming from its deployment on layer-two, Polygon. Read MoreCointelegraph.com News
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Institutional investors load up ETH, with its share of AUM hitting a new record
Institutional investors continue to exit BTC in favor of ETH, with Ether investment products now representing more than one-quarter of institutional crypto AUM. Read MoreCointelegraph.com News
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Big rise in financial advisers adding crypto assets to client portfolios
More than a quarter of financial advisers intend to recommend crypto investments over the next year. Read MoreCointelegraph.com News
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Bitcoin is risky digital ‘copper’, it’s not gold — Goldman Sachs commodities boss
Jeff Currie, the global head of commodities research at Goldman Sachs, described Bitcoin as a “risk-on” asset that is similar to copper as a hedge against inflation. Read MoreCointelegraph.com News
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‘Pointless but incredible’— New electric car mines crypto while it’s parked
Canadian light electric vehicle manufacturer Daymak has announced an electric car that can mine Bitcoin and other cryptocurrencies while parked. Read MoreCointelegraph.com News
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Tesla files trademark, hinting at Elon Musk’s restaurant concept plans
Tesla has recently filed a new trademark for its brand under restaurant services, a sign the company might be finally gearing up to deliver on an idea that CEO Elon…
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Cognigy raises $44M to scale its enterprise-focused conversational AI platform
Artificial intelligence is becoming an increasingly common part of how customer service works — a trend that was accelerated in this past year as so many other services went virtual…
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Extra Crunch roundup: Inside Sprinklr’s IPO filing, how digital transformation is reshaping markets
Despite a recent history of uneven cash flow and moderate growth, SaaS customer experience management platform Sprinklr has filed to go public. In today’s edition of The Exchange, Alex Wilhelm…
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Daily Crunch: Wefox CEO says $650M Series C was ‘much more than we wanted to raise initially’
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello, and welcome to Daily Crunch for…
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SoftBank-backed construction giant Katerra said to be shutting down after raising billions
After burning through more than $2 billion in funding, SoftBank-backed construction startup Katerra has told employees that it will be shutting down operations, according to a report in The Information.…