DWF Labs Launches Massive $250M Liquid Fund for Growing Established Web3 Proposals

DWF Labs Launches Massive $250 Liquid Fund for Growing Established Web3 ProposalsDWF Labs’ newest fund seeks to empower mid and large-cap projects with investments of up to $50 million to support a full ecosystem growth strategy, going beyond the proposals of other similar funds that are limited to just providing economic support. DWF Labs $250 Million Liquid Fund Seeks to Empower Medium and Large-Sized Web3 Projects […]

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Sneaker Giant Adidas Says the Metaverse Is ‘Exciting,’ Reveals Partnership With Coinbase

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Bitcoin Mining Company Griid Secures $525 Million Credit Facility From Blockchain.com

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On Monday, the mining firm Griid Infrastructure announced the company has secured a $525 million credit facility from the crypto firm Blockchain.com. According to the announcement, the credit facility will be a four-year term in order to increase the company’s mining capacity. Bitcoin Mining Infrastructure Firm to Increase Capacity With Help From Blockchain.com Cryptocurrency mining, and more specifically bitcoin ( BTC ) mining, has seen millions of dollars invested during the course of the year. Enterprise operations have inked massive deals with bitcoin mining rig manufacturers like Canaan, Bitmain, and Microbt for thousands of ASIC devices. A few large bitcoin mining operators have also begun constructing new facilities in order to increase capacity. On November 22, Griid Infrastructure announced the company has secured a $525 million credit facility from the company Blockchain.com . The financing will be used to increase mining capacity as well as “capitalizing on over 1,300 m...
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