Month: April 2022

Riot Blockchain to Develop 1GW of Bitcoin Mining Capacity in Texas

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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

Q1 2022 venture capital activity in crypto set to outpace 2021

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The first quarter of 2022 saw unprecedented growth in terms of venture capital activity in different blockchain sectors. In 2021, venture capitalists poured in over $30 billion into infrastructure, nonfungible tokens (NFTs), decentralized finance (DeFi), centralized finance (CeFi) and Web3. That set the bar pretty high if 2022 was going to beat it. In the first quarter of 2022, capital inflows from venture capitalists were over $14.6 billion, or around 48% of all the capital investment by the last year.  Over 500 individual deals were struck in the first three…

Founders Fund, Pantera Invest in DeFi Investment Bank Ondo Finance

The token will provide voting rights in the DAO, which will include the ability to control components of the smart contracts and to dictate some strategic decisions like partnerships with chains and stablecoins. The tokens will initially be globally non-transferrable, meaning the tokens can’t be sold in a secondary market, Allman told CoinDesk, partly to give Ondo time to set up liquidity mining to drive adoption. Source

Swiss Exchange SIX Lists World’s First Bitcoin-Gold ETP

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The gold-bitcoin ETP will be listed on the Swiss SIX exchange under the ticker BOLD. At launch, the weightage will be 18.5% bitcoin and 81.5% gold. The fund will be rebalanced monthly based on 360-day historical volatility. Digital asset management firm ByteTree Asset Management has launched a gold-bitcoin exchange-traded product on the Swiss SIX stock exchange. This makes it the first ETP to offer both gold and bitcoin in a single fund, which is a somewhat unusual combination, given that many crypto investors see bitcoin as the new version of…

Stablecoins Need to Set a Common Standard, Says US Banking Watchdog

“To ensure that stablecoins are open and inclusive, I believe a standard-setting initiative similar to that undertaken by [the Internet Engineering Task Force] and [World Wide Web Consortium] needs to be established, with representatives, not just from crypto/Web 3 firms but also including academics and government,” Hsu said Wednesday at the “Artificial Intelligence and the Economy: Charting a Path for Responsible and Inclusive AI” symposium in Washington, D.C. Source

Summer 2022 Will Be Huge For CryptoCurrency Market || DEFI – NFT – Metaverse – Web3.0 – Play To Earn

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Summer 2022 Will Be Huge For CryptoCurrency Market || DEFI – NFT – Metaverse – Web3.0 – Play To Earn In this video, I am explaining about Expected Growth In CryptoCurrency Market In April – May – June 2022. Also Shown Performance of Cryptocurrency In Past Few Years In Summer, Explaining How NFT – DEFI – Metsverse – Web3.0 – Play To Earn Project Can Perform In CryptoCurrency Market In Summer 2022. Please do watch compelte video for in-depth information. This video…

Lock in some gains before going Metaverse

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In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century. The impending Metaverse dominates crypto headlines as analysts almost obsessively race to predict what innovations the new digital world will bring. Facebook’s rebranding to Meta seems to be the tip of the iceberg, as Microsoft — and some other Big Tech companies — announce their plans to integrate into the Metaverse. The hype around…

Working Study Says Despite Legal Tender Status, Bitcoin Is Not a Widely Accepted Medium of Exchange in El Salvador – Bitcoin News

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According to a working study published by the U.S. National Bureau of Economic Research (NBER), most Salvadorans stopped using the Chivo wallet after getting their $30 bitcoin bonus. The report shows that the median Chivo wallet user made no deposits or withdrawals in a given month. NBER Study: Only 4 out of 10 Salvadorans Use Chivo Wallet After Government’s Bitcoin Bonus An April 2022 working study published by the NBER, asks if cryptocurrencies are indeed currencies after researching bitcoin (BTC) as legal tender in El Salvador. NBER conducted a face-to-face…