Month: April 2022

How Crypto Is Changing Philanthropy

Last year was the largest ever for crypto donations by far. According to Fidelity Charitable, the financial services giant’s nonprofit that advises donors on charitable giving, around 45% of cryptocurrency investors donated to charities in 2020, compared to 33% of general investors. Fidelity Charitable received around $331 million in cryptos compared to $28 million in 2020. In its annual report, Giving Block, a crypto donation platform, reported $69 million in total donation volume last year, a massive 1,558% spike from 2020. Source

Jeff Kauffman: DAOs Will Own Big Brands

CryptoX – Cryptocurrency Analysis and News Portal The founder of the $JUMP community token, a speaker at Consensus, on how Web 3 will change branding and empower communities to buy brands themselves. Original Source The post Jeff Kauffman: DAOs Will Own Big Brands appeared first on CryptoX. CryptoX Portal

Crypto Market Comes To A Standstill As Sentiment Rolls Into Neutral

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The Crypto market has been fluctuating heavily in the past couple of weeks but with last week’s rally had finally landed into the greed territory. However, as the rally had slowed down and the inevitable market correction had begun, sentiment had begun to shift once again into the negative. This had caused the Fear & Greed Index to reverse out of the greed territory, finally ending in neutral. Now, the market remains at a standstill waiting for the next move. Crypto Fear & Greed Index In Neutral The crypto Fear…

Minerset․com Announces New 200-Megawatt Crypto-Mining Facility – Press release Bitcoin News

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press release PRESS RELEASE. Known as a leader in cryptocurrency-mining hardware sales and logistics, Minerset has generated more than $300 million in distributing 120,000-plus crypto-mining devices to more than 200 investors worldwide. As a strong supporter and heavy investor in a cryptocurrency-mining ecosystem, Minerset is excited to announce that it has started constructing a mining facility in South Carolina that will allow investors to start mining Bitcoin (BTC) effectively. Minerset Farms has secured the services of Bit5ive to project-manage, procure and install all of the infrastructures, aiming to be ready…

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Dogecoin Rallies Again After Elon Musk Joins Twitter Board

As has become a habit for the Tesla CEO, this week’s actions might already have him on the SEC’s radar. Regulatory filings show that Musk filed a form 13G with the agency on Monday, April 4, officially reporting his ownership of more than 5% of Twitter. The form, however, states the person acquiring said securities is doing so “not with the effect of changing or influencing the control of the issuer,” which would include joining the board. CryptoX Portal

CELO, LUNA Higher, ZIL Moves Over 15% Lower – Market Updates Bitcoin News

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Despite the global cryptocurrency market cap mainly consolidating on Tuesday, LUNA and CELO were some of the session’s biggest gainers. ZIL, on the other hand, continued to fall following recent highs, trading over 15% lower during today’s session. CELO ZIL fell for a fourth straight session on Tuesday, as prices continue to slip away from last week’s high of $0.2313. While ZIL fell by almost 13% today, CELO gained by almost the same percentage, climbing to its highest level in almost four months in the process. Following a low of…

Ethereum L2 Boba Network valued at $1.5B following Series A

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Hybrid computing platform Boba Network has joined the “crypto unicorn” rankings after raising $45 million in Series A funding, underscoring the investment appeal of Ethereum layer-2 scaling solutions.  The funding round had participation from several crypto-focused venture funds including Infinite Capital, Hypersphere, 10X Capital, Hack VC, GBV, Sanctor Capital, Shima Capital, Kinetic Capital, IOST and ROK Capital. Contributions also came from the Will Smith-led Dreamers VC, Paris Hilton’s M13 and several crypto industry founders from projects such as Origin Protocol, The Graph, FEI Labs and exchange giants Crypto.com and Huobi.…

Ethereum Scaler Boba Network Valued at $1.5B in $45M Series A

“Layer 2s have single instance sequencers that act as block producers,” said Chiu. “So we set off to modify Geth [a programming language for running Ethereum nodes] in such a way that smart contracts on Boba can call any external API. Suddenly, you can do machine learning off-chain and have the results come back to your smart contract, atomically, meaning in the same transaction, in the same block.” Source