Day: March 31, 2022

Crypto Firms Weigh Options as UK Registration Deadline Looms

โ€œTheyโ€™re screwed, I think, unless they can spin up a new entity in an unregulated area, which they might do,โ€ the CEO of one of the firms preparing to use an overseas jurisdiction, who also requested anonymity. โ€œI know that some of these firms have been either in the process of IPO prep or serious funding talks and then those conversations have materially collapsed as a result of the FCAโ€™s approach here, which is not meritocratic and is super subjective.โ€ Source

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Ethereum is like the best and worst parts of New York: Grayscale

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Digital asset manager Grayscale has published a report on smart contract platforms in which it likens the Ethereum (ETH) blockchain to the best and worst parts of New York City. The report examines the granddaddy smart contract network Ethereum in comparison to newer competing blockchains such as Solana (SOL), Avalanche (AVAX), Polkadot (DOT), Cardano (ADA) and Stellar (XLM). The report comes in the wake of the firm launching a crypto fund dedicated to smart contract platforms excluding Ethereum. In a section titled โ€œdigital cities,โ€ Grayscale analyzed Ethereum, Avalanche and Solana.…

Blockchain.com’s value rockets to $14B after new funding round: Reports

Cryptocurrency exchange and financial services firm, Blockchain.com, has reportedly raised new funding at a valuation of $14 billion. According to Bloomberg, the financing round was led by global venture capital firm Lightspeed Ventures and Baillie Gifford & Co., an investment management firm renowned for its early involvement in growth stocks such as Tesla. The funding round โ€” which is yet to be publicly confirmed by Blockchain.com or the investors โ€” reportedly saw the firmsโ€™ valuation increase from $5.2 billions to $14 billion. The total amount of funding raised is yet…

BITCOIN RED ALERT!!!! MAJOR DECEPTION!!! ๐Ÿšจ WEโ€™VE BEEN LIED TO!!!! [only 48 hours leftโ€ฆ]

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Those calling for an imminent dollar collapse and a #Bitcoin price boom at the same time may need to compromise as we actually see both $BTC and USD showing strength! However, a ban on #BTC ATMs and now a possible ban on proof of work mining by the European Parliament could inject even more FUD into the markets. Who will survive? What will be left? If you HOLD Bitcoin watch this video ASAP!!! ๐Ÿ’ฐ *$8,210 BONUS!* ๐Ÿ’ฐ ๐Ÿ”ถ Join ByBit Exchange โ–บโ–บ…

Gumi Cryptos Reveals $110 Million Fund Targeting Early-Stage Blockchain Startups โ€“ Finance Bitcoin News

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On March 30, Gumi Cryptos Capital (GCC), announced the blockchain-focused venture capital firmโ€™s second fund that will invest $110 million in early-stage blockchain startups. The second fund follows GCCโ€™s initial $21 million fund that backed seed stage founders. Gumi Cryptos Capital Reveals Fund II โ€” Firm Will Invest $110 Million Into early-Stage Blockchain Startups The blockchain-focused venture capital firm Gumi Cryptos Capital (GCC) has announced the launch of a $100 million fund that will be focused on blockchain concepts like decentralized finance (defi), game finance (gamefi), Web3, and other types…

Yield App Passes โ€˜Proof of Reservesโ€™ Audit to Bolster Safety and Accountability of Deployed Digital Assets โ€“ Sponsored Bitcoin News

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sponsored PRESS RELEASE. Yield App, one of the rising and most trusted digital wealth platforms, recently underwent a thorough โ€˜proof of reservesโ€™ audit. The inspection was conducted by Armanino LLC, the firm responsible for auditing Kraken โ€“ one of the largest and most trusted cryptocurrency exchanges in the world. Yield App passed the audit with flying colors, bolstering its stance on safety and accountability of the assets deployed by customers into portfolios available on its platform. What is โ€˜proof of reservesโ€™? A proof of reserves is an independent audit of…

The Revolution of NFTs are now allowing People to buy Things Money Could Not Buy Before

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The new age of wealth gave way to many new things in the world today. If we look at the luxury industry, watches are hard to get, cars are hard to buy. The world is currently experiencing a new wave of people that are attempting to buy things that money could not buy before. This article will explore some case studies in which NFTs allow for the purchasing of things that money could not buy before like BAYC, Crypto Punks, and now new projects like High Sloth Society, and more.…

Come funziona la Blockchain? Crypto Attack Ep.3 ๐ŸŽฌ

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Giovanni aspetta questa serata da tanto tempo, ma Crypto Attack non puรฒ aspettare! ๐Ÿšจ Nello scorso episodio Giovanni ha dovuto rinunciare a una serata speciale con sua moglie per raccontarci come nascono i bitcoin ๐Ÿ”Ž Siete pronti a scoprire che cosa abbiamo in serbo per lui questa volta? ๐Ÿค” Questa รจ la sfida: riuscire a spiegare con un attacco dโ€™arte come funziona una blockchain. ๐ŸŽจ Avete sentito? La sirena sta suonando: inizia il terzo episodio di Crypto Attack! ๐ŸŽฌ Scopri Crypto Attack,…

Washington state passes bill aiming to expand local blockchain adoption

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Three years and one veto after it was first proposed, Washington state Governor Jay Inslee has signed a bill into law today that aims to expand the stateโ€™s adoption of blockchain technology across various financial and industrial sectors. The law saw Governor Inslee order the formation of the Washington Blockchain Work Group which will โ€œexamine various potential applications for blockchain technology.โ€ The Work Group will be composed of seven government officials and eight leaders of various trade associations across the state. It will study practical applications of blockchain technology and…