Month: February 2022

Aperture Raises $5.3M to Build A Cross-chain DeFi Investment Ecosystem with A Marketplace for Strategies

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Aperture, a cross-chain DeFi investment ecosystem, has successfully closed $5.3 million in seed and strategic round sale led by ParaFi Capital, Arrington Capital, Costanoa Ventures, and Divergence Ventures, followed by Rarestone Capital, Krypital Group, PrimeBlock Ventures, Athena Ventures, Metaline Ventures, Double Peak, Stakely Venture Capital, and more. Angel investors for Aperture include Do Kwon, founder and CEO of Terraform Labs. With a cross-chain marketplace for strategies and integrated bridge solutions, Aperture connects opportunities from various blockchain networks into one place and empowers investors with advanced strategies enabled by smart contracts.…

Puerto Rican Treasury Department Aims to Tax NFT Sales – News Bitcoin News

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The Treasury Department of Puerto Rico has published a working document that amends the current “Sales and Usage Tax” to include NFT sales. While this proposal has yet to be approved, experts believe the inclusion of NFTs in this reform brings validation to the asset class, but also that the application of this regulation presents challenges. Puerto Rico May Soon Tax NFT Sales The Department of Treasury of Puerto Rico has its eyes on NFT sales. The organization released a newly proposed reform to the Sales and Usage…

Bitcoin Fake Pump or Real? When will Crypto Recover | #cryptocurrency & #bitcoinnews

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A New Binance Deal Shakes Up Audio On The Blockchain

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A new partnership has emerged in the NFT world between global crypto exchange Binance and South Korean entertainment company YG. Let’s dive into both properties, and how they are striving for a more eco-friendly and sustainable framework for the future non-fungible token (NFT) collaborations.       Related Reading TA: Ethereum Holds Strong At $2.5K: Indicators Show Fresh Increase A Look At The Binance & YG K-pop Partnership In this new partnership, Binance will provide the executional assets around the NFT platform and surrounding technological infrastructure, while YG will supply…

Ricardo Salinas Pliego Hints at Elektra Group Selling Bitcoin in Its Stores – Bitcoin News

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Ricardo Salinas Pliego, president of the Salinas Group, owner of the Elektra Group stores, hinted at the possibility of the shops selling bitcoin. The executive stated that due to the regulations of the Central Bank of Mexico, his company cannot implement cryptocurrency integration in the Azteca Bank app. However, he did point out that Elektra could sell bitcoin as it is a commercial institution. Ricardo Salinas Criticizes Mexico’s Crypto Regulations Ricardo Salinas Pliego, one of the richest men in Mexico and president of the Salinas Group, mentioned the…

Ethereum Mining After 30% Crypto Tax | Is Crypto Mining Still profitable in India after Budget 2022

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Ambrosus Core Launches a $10 Million Developer Grant to Scale Its Open-Source Blockchain Ecosystem – Press release Bitcoin News

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press release PRESS RELEASE. Zug, Switzerland — Ambrosus Core, the technical foundation of Ambrosus Ecosystem, has announced the launch of a substantial developer funding program — $10 million for developers deploying decentralized finance (DeFi) applications and other decentralized solutions on the Ambrosus blockchain. Ambrosus is a fully operational Layer 1 EVM-compatible blockchain protocol providing scalability, zero-knowledge proof data security, and unique built-in data storage capacity. In order to support network growth and expand its user base, Ambrosus Core is launching a developers funding initiative. DeFi on Ambrosus has recently seen…

What Factors Are Driving The Bitcoin Remittance Revolution In Africa? These Ones

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The Bitcoin remittance business is blowing up all over the world. South African financial website moneyweb brings us the report directly from the old continent. The conditions that led to El Salvador making Bitcoin legal tender are present all over Africa. The people are unbanked but everybody has mobile phones. Plus, the diaspora is huge and sends money home constantly while big companies rob them blind.  Related Reading | Is Largely Unbanked Africa Primed for Bitcoin Adoption? “The African continent has many opportunities for widespread Bitcoin adoption. One of those…