Upstate Interactive builds distributed applications and smart contracts on Ethereum, supporting DeFi, NFTs, DAOs, and diverse software projects for the modern enterprise, according to a statement. The Upstate Interactive team will be integrated across Foundry’s multiple business lines and will help with various products and services related to the infrastructure layer of digital assets to institutions. Source
The U.S. Senate continues to deny the cannabis industry access to digital payments and banking, forcing retailers to endure increasingly deadly and more frequent armed robberies. Crypto payments offer an immediate alternative to involuntarily unbanked businesses forced to operate in cash. Promoting this form of payment adoption is a prudent, timely and well-tailored public policy response from lawmakers and regulators who can’t wait for Congress to protect cannabis businesses and their communities. Source
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Derek Pew pitches the HashWatt Bitcoin Mining QOZ Fund. Recorded live at OZ Pitch Day on March 9, 2021. Learn more about Opportunity Zones and OZ Pitch Day at ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
The effect of the metaverse may be clearly seen in the physical world, and it extends to all sectors. As a result of the rise, lives will transform and a truly digital era will take over. In a nutshell, the Metaverse’s possibilities are almost limitless. Cardalonia is one of the most outstanding Cardano-based metaverse projects for metaverse enthusiasts to look out for in 2022. It is a 3D Virtual Reality experience on the Cardano blockchain where creators can explore the Metaverse. Each Cardalonia player can purchase a plot of land…
The layer two (L2) Ethereum scaling project Optimism has announced the launch of Optimism Collective, “a large-scale experiment in digital democratic governance” managed by the newly created Optimism Foundation. In addition to the governance collective, the plan is to launch a token called “OP” that aims to “govern protocol upgrades and project incentives.” Ethereum Scaling Project to Launch the Optimism Collective System On Tuesday, Optimism announced the launch of a governance system called the Optimism Collective. Optimism is an L2 scaling solution that leverages zk rollups so users can quickly…
The British overseas territory of Gibraltar introduced a new regulatory package for distributed ledger technology (DLT) service providers. The document elaborates on the responsibilities of crypto businesses in regards to threats of market manipulation and insider trading. On April 27, the government of Gibraltar published the 10th Regulatory Principle of the country’s financial services regulation. The details are revealed in a Guidance Note, provided by the Gibraltar Financial Services Commission (GFSC), the chief finance regulator of the territory. The regulation, crafted by a special working group that included both government…
The overseas British territory wants to become a global hub for crypto firms. Geography Photos | Universal Images Group | Getty Images Gibraltar has unveiled new regulations for the cryptocurrency industry, taking aim at potential market manipulation and insider trading in the fast-evolving space. The overseas British territory, located on the southern tip of Spain, published an amendment to existing regulations Wednesday requiring firms dealing in bitcoin and other digital currencies to respect the integrity of markets in which they operate. In a guidance note for regulated crypto companies, the…
The focus on market integrity is another principle the country’s financial regulator is emphasizing, on top of another nine that companies are already required to follow. These principles emphasize integrity, business management, governance, financial crime, contingency arrangements and more. Source
“This is what we call our colo-light strategy, wherein Blockmetrix partners with an industry-leading colocation developer and operator by contributing equity and functioning as an anchor tenant for the new venture,” Bannister said, adding that the JV partner will provide all of the developmental and operational expertise. “This allows Blockmetrix to significantly control our energy cost and secure locations for our rigs, while having a retained equity interest in the facility with no operational requirement.” Source
Central African Republic has adopted Bitcoin as legal currency, according to president’s office. Original