Day: January 10, 2022

Why We’re Shutting Our Successful Fundraising Platform

Neufund was a security token company that wanted anyone in the world to invest in any businesses they want. For decades, investing has been exclusive, inaccessible and unequal. This has contributed to the growing wealth disparity in Europe and the U.S. We wanted to change that. Today we’re closing Neufund, despite it being successful. Zoe Adamovicz has co-founded multiple startups. Her most recent venture, Neufund, was a fintech firm for securities tokenization that aimed to democratize access to global innovation capital. Over the course of Neufund’s life, we transacted about…

Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols – Defi Bitcoin News

boss

On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster “awesome use-cases” in the world of decentralized finance (defi). Terra Research Proposes to Expand Terrausd’s Reach Across 5 Protocols At the time of writing, Terra’s terrausd (UST) stablecoin is the fourth-largest U.S. dollar-pegged token among all the stablecoins in existence. It is also the largest decentralized algorithmic…

the World’s Most Diverse Payment Network, Bringing ‘Buy Now, Pay Later’ to the Crypto Industry – Press release Bitcoin News

boss

press release PRESS RELEASE. XRPayNet is a cryptocurrency built on the XRP Ledger, with an upcoming global team focused on one goal: a globally adopted interface and ecosystem for payment settlements that is suitable for stores, businesses, peer to peer transactions and those who sell products and services. Whilst aiming to challenge existing technology such as Klarna, ClearPay/AfterPay. This will allow consumers to be able to ‘buy now, pay later’ which is an almost first in the entire crypto industry. The XRPayNet app currently under development promises just that, a…

Dogecoin creator slams Mozilla for pausing crypto donations

The Mozilla Foundation’s back-tracking on crypto has earned a reaction from the creator of the world’s first meme cryptocurrency. On Dec. 31, 2021, Mozilla, the developers of the Firefox internet browser, tweeted that the company was accepting cryptos like Dogecoin (DOGE), Ether (ETH), and Bitcoin (BTC) as donations, along with a Bitpay donation link. However, less than a week later, the campaign was stopped after it received backlash from users and programmer Jamie Zawinski, a co-founder of Mozilla. According to Zawinski, everyone involved should be “ashamed of this decision to partner with…

Spanish lawmaker sees opportunity amid Kazakhstan’s Bitcoin mining collapse

boss

Deputy for the Spanish Ciudadanos political party María Muñoz has proposed a bill to make Spain a Bitcoin mining hotspot following the internet shutdown that caused a mining outage in Kazakhstan. The lawyer and economist Muñoz was steadfast in her support of Spain as a Bitcoin (BTC) destination, in a tweet on Friday:  “The protests in Kazakhstan have repercussions all around the world but also for Bitcoin. We propose that Spain positions itself as a safe destination for investments in cryptocurrencies to develop a flexible, efficient and safe sector.” A…

CBDC wallet tops mobile app store charts in China

boss

The official digital yuan wallet app that was released as a pilot version to be used in select cities has still managed to top app store charts in its first week. Developed by the Digital Currency Research Institute of the People’s Bank of China (PBoC), the app became available for download on Chinese Android and Apple app stores last Tuesday. The app is still in an experimental phase and is only accessible to select individuals through authorized e-CNY service providers. While anyone in China could download the app, its usage…

Cryptocurrency Certificates Gain Popularity in Germany

boss

In Germany, innovative financial trading products are gaining popularity among young traders. In its recent report, Deutsche Borse Group revealed that cryptocurrency certificates topped the list of most traded products on the Frankfurt Certificate Exchange (FCE) in 2021. Last year, the trading volume related to crypto certificates jumped above €1 billion. Deutsche Borse expanded its crypto offerings significantly in 2021 and listed several new cryptocurrency products. In April 2021, Deutsche Borse enhanced its digital asset offering with the addition of Litecoin ETN. The exchange reported overall trading volumes of €18.4…

Avalanche, Polygon See Slight Gains as Crypto Markets Remain Flat

Major cryptocurrencies held support levels after last week’s drop to post slight gains on Monday morning after a largely flat weekend. Bitcoin (BTC) held on to its $41,000 support level after last week’s sell-off, which was led by the release of the minutes of the U.S. Federal Reserve’s December 2021 meeting. The minutes of the meeting suggested that the Fed will end its record asset-purchase program and will likely hike interest rates at a faster pace. Avalanche (AVAX) and Polygon (MATIC) rose 4% in the past 24 hours to post…

Major Mining Pools’ Bitcoin Hashrate Nears Recovery as Kazakhstan’s Internet Is Partially Restored

It’s hard to know how long the internet will continue to operate. The country’s internet has been restored several times over the past few days, but these moments are “brief and unpredictable, affecting different providers and regions at different times,” NetBlocks founder Alp Toker told CoinDesk. Beyond implications for human rights, the intermittent network “can’t reliably support cryptocurrency mining,” Toker said. Original Source BitcoinHashrateInternetKazakhstansMajorMiningNearsPartiallypoolsRecoveryRestored CryptoX Portal