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According to TheBlock, Layer 1 blockchain developer Pharos has completed a seed round financing of $8 million, led by LightspeedFaction and HackVC, with SNZ Capital participating as a strategic investor. Other investors include DispersionCapital, HashGlobal, GenerativeVentures, MHVentures, Zion, and ChorusOne. According to RootData, Pharos is an ultra fast, EVM compatible Internet level blockchain that improves payment and applications by eliminating trust and decentralization. @chihuong285 0 reply
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Matthew Sigel, Head of Digital Asset Research at VanEck, and Nathan Frankovitz, Digital Asset Investment Analyst, stated in a report that the results of the November election may be mixed for cryptocurrencies. VanEck wrote, "However, in terms of Bitcoin alone, we believe that Kamala Harris serving as president may be better than Trump for Bitcoin, as in our view, this will accelerate many of the structural issues that initially drove Bitcoin adoption. If this happens, Bitcoin's unique regulatory clarity may make it more competitive than other digital assets." However, according to VanEck's latest analysis, if Trump were to serve as president again, the entire cryptocurrency industry would reap rewards. @ftihfhhhf @sryypmxx 0 reply
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