Swiss Crypto Firm Launches Venture Fund, Supporting African Early-Stage Blockchain Startups

Crypto Valley Venture Capital (CV VC), a Switzerland-headquartered private venture capital company, announced on Monday that it has launched African Blockchain Early-Stage Fund that targets blockchain startups from across the continent. The venture capital firm also published its initial African Blockchain Report, paring with Standard Bank for theย partnershipย whichย shows how Africaโ€™s use of blockchain technology has become a norm. The report highlighted how Africa has self-accelerated blockchain as a transformative force for society and the economy and how pioneers continue reinforcing the need for more unified action on regulation and infrastructure.…

The long waves in the aftermath of USTโ€™s crash, May 16-23

Itโ€™s been two weeks since the shock of the TerraUSD (UST) depegging, but the long waves of this event are still coming in. The Congressional Research Service described the UST crash as a โ€œrun-likeโ€ scenario and claimed that the crypto industry has not reached the same level of โ€œadequate regulatingโ€ as the traditional finance market.ย  Michael Barr, former advisory board member of Ripple Labs and United States President Joe Bidenโ€™s pick for a vice chair for supervision at the Federal Reserve, definitely agrees with that. During the confirmation hearing, he…

Coinbase offers ‘thousands of tokens’ in expanded swap service

Americaโ€™s largest crypto exchange Coinbase has added the BNB Chain (formerly Binance Smart Chain) and Avalanche to the Coinbase Walletโ€™s list of supported networks where users can swap and store cryptocurrencies. The May 24 blog post from the exchange boasts that the added functionality will provide access to โ€œthousands of tokensโ€ which constitute a โ€œgreater variety than most traditional centralized exchanges can offer.โ€ One Wallet. Even more networks. Thousands of tokens. Now supporting token swaps on @avalancheavax and @BNBCHAIN on Coinbase Wallet. Learn more -> https://t.co/ZdEg1T8s53 pic.twitter.com/prWhSlPYl8 โ€” Coinbase Wallet…

FTX reportedly shopping for brokerages in preparation for stock trading

Crypto derivatives exchange and NFT platform FTX is reportedly in the market for brokerage start-ups as part of its recently announced plans to expand support to stock trading. The firm announced last Thursday that its U.S.-based subsidiary FTX.US will be launching zero-commission stock trading via its app, and will allow users to fund their accounts with fiat-backed stablecoins. According to a May 23 report from CNBC โ€” who cited sources that โ€œasked not to be named because the deal talks were confidentialโ€ โ€” the firm has held private meetings with…

Crypto Firms Launch Community-Powered Scam Reporting Platform ‘Chainabuse’ โ€“ Featured Bitcoin News

Several crypto firms, including Binance and Circle, have launched a new crypto scam reporting platform. The tool โ€œempowers anyone in the crypto economy to warn others about scams, hacks or other fraudulent activity as they encounter it.โ€ New Crypto Scam Reporting Platform Launched A number of crypto firms have joined forces and launched a new, multi-chain scam reporting platform. TRM Labs, Circle, Solana Foundation, the Aave Companies, Hedera, Binance.us, and Civic announced last week โ€œthe launch of a new community-powered scam reporting platform, Chainabuse.โ€ The platform, operated by blockchain intelligence…

Aลก pardaviau VISUS Mining Rig'us

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Crypto Just Broke!!!

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India’s Central Bank Governor Warns About Crypto After Collapse of Terra LUNA, UST โ€“ Regulation Bitcoin News

Indiaโ€™s central bank, the Reserve Bank of India (RBI), has warned about investing in the crypto market following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). โ€œWe have been cautioning against crypto and look at what has happened to the crypto market now,โ€ said Governor Shaktikanta Das. RBIโ€™s Governor on Crypto Market and Regulation The governor of the Reserve Bank of India (RBI), Shaktikanta Das, discussed the crypto market downturn and the regulation of crypto assets in an interview with CNBC TV18 Monday. โ€œWe have been cautioning against…

What is BLOCKCHAIN TECHNOLOGY? (2022 Full Beginners Course)

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io While bitcoin and blockchain are often part of the same discussion, the two technologies are not synonymous and blockchain actually has potential use cases/issues far beyond bitcoin and other cryptocurrencies. Blockchain, a recording software that makes it near impossible to change, hack, or cheat the system, can be a way to get multiple parties that might not trust each other to share and agree on data. Itโ€™s this peer-to-peer system thatโ€™s made blockchain appealing for financial applications like Bitcoin and other cryptocurrencies.…