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Ethereum Development Company Flashbots Reportedly Seeks to Raise $50M, Eyes Unicorn Status

Ethereum research and development firm Flashbots is in discussions over a potential fundraise of up to $50 million and could reach unicorn status, according to a report by The Block. "The Hash" panel discusses what this means for the Ethereum community.

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SBF's Alameda Research Secretly Funded Crypto Media Site 'The Block'; Crypto Contagion Concerns

Crypto media site The Block was secretly funded over the last two years by Sam Bankman-Fried’s Alameda Research, The Block confirmed on Friday. Bernstein reacted to Genesis’ extended withdrawal freeze, saying that saving Grayscale would cost a fortune for Digital Currency Group (DCG), which owns Genesis Trading, Grayscale and CoinDesk. Plus, details on Coinbase asking users to switch USDT for USDC and Bankman-Fried agreeing to testify before U.S. House Financial Committee.

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