Top Shot creator unveils $725M fund to support Flow ecosystem

The Flow ecosystem is set to get a boost in support from a new $725 million fund that will be used to invest in the growth of the nonfungible token network. Flow (FLOW) is a layer-1 blockchain developed by Dapper Labs and purpose-made for NFTs. Dapper Labs also created the popular NBA Top Shot NFT collection. Flow utilizes an eco-friendly proof of stake (PoS) consensus algorithm. The new fund was backed by 17 firms that have experience backing other Web3 companies, including large investment firms a16z, Spartan Group, and CoinFund.…

Coinbase CEO has โ€˜never been more bullishโ€™ even after $430M Q1 loss

Cryptocurrency exchange Coinbase has disclosed its first net loss as a public company of $430 million in Q1, but CEO Brian Armstrong said on an earnings call that he’s โ€œnever been more bullish on where we are as a company.โ€ In its first quarter 2022 report Coinbase disclosed that revenue had dropped 27% to $1.17 billion, down from $1.6 billion in the first quarter of 2021 and a long way off its Q4 2021 revenue of $2.5 billion. Monthly transacting users also dropped by over 19% to 9.2 million, from…

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Situs Mining Bitcoin 2021 ! Penghasil Bitcoin Terbaru

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US Lawmakers Push for Urgent Stablecoin Regulation โ€” Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco โ€“ Regulation Bitcoin News

As U.S. lawmakers push for the urgent regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve Board warn about the risks of stablecoin runs that threaten the countryโ€™s financial stability. Treasury Secretary Janet Yellen brought up the terrausd (UST) fiasco as an example of why a comprehensive regulatory framework is urgently needed. Treasury Secretary Janet Yellen Testifies Before Senate Committee Stablecoins have become a hot topic in Washington. Following Mondayโ€™s terrausd (UST) fiasco, U.S. lawmakers are calling for the urgent regulation of stablecoins. On Tuesday, U.S.…

Caterpillar 6015B Excavator Loading Mercedes And MAN Trucks – Sotiriadis Mining Works

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Market Downtrend Trigger Bitcoin Inflows From Institutional Investors

The market continues to be in disarray as the price of bitcoin has now fallen to the low $30,000s. This had been preceded by declining faith in the market thus translating to fewer inflows/more outflows in the last couple of weeks. However, with the price now at the lowest, it has been this year, institutional sentiment towards the digital asset has changed and this has resulted in significant inflows into the digital asset for the first time in weeks. $45 Million Flows Into Bitcoin Bitcoin has now seen inflows following…

BITCOIN ๐Ÿ›‘ IL VA CASSER SON SUPPORT ?! ( si il le fait… les 12k sont possibles !!!! )

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