Day: October 5, 2022

Crypto-friendly Ray Dalio steps back from Bridgewater’s $150 million fund

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After 47 years in charge of the world’s largest hedge fund, Bridgewater Associates, its founder Ray Dalio has finished a leadership transition that began in February. He is no longer one of three co-chief investment officers but will remain a chief investment officer mentor and Operating Board member. As announced on Oct. 4 on Bridgewater’s corporate website, the firm and Dalio completed the necessary and required legal, regulatory and investor requirements to finish the transition procedure. From now on, the fund will be led by co-CEOs Nir Bar Dea and…

DelMonte Adopts Blockchain-Powered Traceability Solutions for Quality Assurance

Fresh Del Monte Produce has invested in Jordanian and UK-based startup Decapolis for blockchain-enabled traceability solutions to facilitate  innovative and best-in-class solutions for its products and services. Del Monte, a leading vertically integrated producer, distributor, and marketer of fresh and fresh-cut fruits and vegetables, invested a 39% stake in Decapolis with plans underway to roll out a blockchain-powered traceability solution dubbed Decapolis Food Guard (DFG). Mohammad Abu-Ghazaleh, Fresh Del Monte CEO and chairman noted: “Now more than ever, consumers are very cognizant of what goes into their food. With…

New Study Names Gameta as the Gamefi Project With Highest Monthly Subscribers – Metaverse Bitcoin News

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The latest data from Coin 98 Analytics shows the Web3 gaming platform Gameta as the top-ranked gamefi (the intersection of gaming and finance) project after it garnered 1.85 million recorded subscribers by September 28. The data also shows that the top five gamefi projects alone accounted for more than 70% of September’s total gamefi subscribers in the top 20. Most Popular Project on the BNB Chain According to Coin 98 Analytics’ latest rankings of the leading gamefi projects, Gameta, a Web3 gaming platform, topped the list with 1.85 million subscribers…

Andrew Yang, an Ex-US Presidential Candidate, Joins Web3 Platform Pool Data as Adviser

Pool Data’s market infrastructure, comprising payment rails that use the USD coin (USDC) stablecoin, as well as consumer-facing apps, aims to be a foundational layer for so-called “data unions,” the growing communities attached to apps that return control of data to users and mine value from it. These communities lack the means to scale towards making millions of small payments to individuals, for instance, Pool Data CEO Shiv Malik said. Source

Italy Has Approved 73 Unvetted Crypto Companies, Investigation Finds

Most importantly, to qualify for the registry, the applicant must also provide a “registered office and, if different from the registered office, the administrative office.” If the VASP’s office is in another EU member state, a “permanent establishment” has to be set up in the Italian territory. Put simply, an operational office or physical point in Italy is a requirement to qualify for the registry, the OAM told CoinDesk in a written statement. Source

Bitcoin Pound Sterling Volume Soars To ATH Amid Currency Crisis

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The pound sterling is experiencing heavy turbulence. The dollar is eating it all. Bitcoin is in a deep slumber. What a time to be alive! Things are moving and shaking in the finance world and the general population can’t do much but watch the show. And place their bets. British people recently saw the pound sterling and the euro sink to all-time lows against the dollar. A percentage of the population reacted by acquiring bitcoin, the charts show. Another important factor is that the pound sterling’s “volatility last week was…

Token Waves School Approaches Blockchain Technology with Its Free Course in 20 Languages

Education and blockchain – two worlds that seem as though they have nothing in common, are being brought together in the form of Waves School, built on the Waves blockchain. Waves School is tackling the high barriers of entry into higher education as well as into the crypto world, through the launch of their one of a kind training academy. Worldwide statistics show that out of the global population that has access to the internet, only 3% of people own some sort of cryptocurrency, whereas 1% can be considered as…

Celsius Investors May Be Left Dismayed As CEL Drops 6.5% In Last 7 Days

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To everyone’s surprise, the Celsius Network is still operating after the drama surrounding its bankruptcy in July. Alex Mashinky, the company’s CEO, quit on September 27 despite the announcement of a revival. The Securities and Exchange Commission joined the chorus of agencies that came down hard on the company. When the SEC ruled that interest-paying crypto investments must be registered, Celsius found itself under a microscope. The native token of Celsius, CEL, was impacted by these events, but what’s more unexpected is that CEL is still being used. However, investors of…