Shares of Nasdaq-listed Agora have soared 150% in recent weeks after talk that the hit app Clubhouse uses its software. The Chinese software developer hasn’t confirmed that Clubhouse is a client, but plenty of other signs show that it is, Bloomberg reported. Agora’s software development kit for integrating voice and video chat functions into apps have led it to a market value of nearly $10...
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Genesis Creditors Could Miss Out on Recent Crypto Rally
Crypto prices have risen since parts of crypto lender Genesis filed for chapter 11 bankruptcy last month, lifting the value of customers’ crypto assets stuck in Genesis accounts. That’s not necessarily good news for Genesis’ creditors, however. Creditors are worried that any repayments they get from the bankruptcy will be made in dollars, not the original cryptocurrencies,...
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Amazon’s Video and Music Costs Surged 28% Last Year
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