Christopher Perkins, who joined the VC firm from Citigroup last summer, says he’s encouraged by increasing bipartisan support in the U.S. for blockchain technology. Source
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Following a strong start to the week, crypto markets are submerged under a red wave as we head into the weekend. Bitcoin and ethereum are both lower, giving up some of this week’s gains in the process. Bitcoin Bitcoin followed up Thursday’s volatile session with even more uncertainty today, as the world’s largest cryptocurrency was once again falling. Following a rise to $45,101.17 yesterday, BTC/USD fell to an intraday low of $42,864.32 earlier in today’s session, as it appeared that bears were pushing prices towards support. The selloff started after…
The total number of digital asset users was around 295 million, there is still plenty of room for the space to grow before the mainstream accepts it. To ensure the space’s longevity and push it close to mass adoption, companies like HODLVERSE are coming up with creative, exciting new ways to bring more people into the digital asset world. HODLVERSE is a global decentralized autonomous organization. The project also develops open-source blockchain solutions to facilitate easy digital asset management. Their platform looks to bridge the wealth gap within the space,…
A 555-carat diamond with mysterious origins estimated to be 1 billion years old has been sold for $4.5 million in cryptocurrency at a Sotheby’s auction. The origin of the diamond has baffled geologists as it’s still not clear whether it came from outer space or was crystallized in the earth’s mantle. The diamond is characterized by an opaque black appearance full of visible holes. The carbonade diamond is available in only two regions on the planet, namely Brazil and the Central African Republic. However, what makes this carbonade diamond even…
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Who wants to work in tired-old Silicon Valley nowadays? Not edgy tech people, that’s for sure. Business Insider asked recruiters why for an article with the concise title, “Silicon Valley is no longer the edgy tech frontier as workers flee Google and Amazon for crypto and Web3 startups, recruiters say.” Why is that? The article responds: “That’s largely because people want to work on what is most exciting in technology, recruiters said. Right now, that’s crypto and Web3. With a scarcity of engineers focused on the space, it’ll likely also…
University students in Russia minting digital currencies in their dormitories risk penalties and even criminal charges, according to a legal expert quoted by local media. The warning comes as Russian authorities are trying to curb crypto mining with cheap energy in residential areas. Mining May Turn Into Risky Undertaking for Russian Students As more and more Russians are setting up improvised crypto farms in places with access to subsidized electricity, like their homes, students have been warned that mining digital coins in the dorm can be treated as a criminal…
Astar Network, a parachain or parallel chain of the Polkadot network, has announced the $100 million Astar Boost Program fund to provide liquidity and offer financial support and incentive programs to smart contract developers. The company told CoinDesk that the program was funded through $22 million in fundraising, as well as an allocation of the native ASTR token. Source
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