February 15, 2023

Angel investors vs. venture capitalists

February 15, 2023 boss

Angel investors and venture capitalists are two types of private investors who provide funding for early-stage and growth-stage companies. However, there are some key differences between them that we will cover in this article. Who are angel investors? High-net-worth individuals who invest in companies at an early stage in exchange for equity in the business are known as angel investors. They frequently invest their own funds and take a more active approach to investment, offering advice and mentoring to the businesses they support. The well-known angel investors in the crypto…

Gaming Company Square Enix Partners With Polygon for NFT Art Project

February 15, 2023

According to a press release, the project will “offer a unique experience built around digital collectible art that is tied to a storyline players will unfold in a virtual (turn-based) adventure. The art evolves with each strategic move a player makes.” Source

Kansas Looks to Cap Crypto Political Campaign Donations at $100

February 15, 2023

The rules also propose that crypto contributions “may only be accepted if the contribution is made and received through a United States-based cryptocurrency payment processor” that can reasonably confirm the identity of the original contributor, the document said. Source

4 Reasons Why US Lawmakers Shouldn’t Back Sen. Warren’s Latest Crypto Bill

February 15, 2023

The Digital Asset Anti-Money Laundering Act is unworkable and assuredly unconstitutional. Source

Korean e-commerce exec accused of accepting LUNA for shilling Terra Labs

February 15, 2023 boss

South Korean prosecutors have requested an arrest warrant for the former CEO of Tmon, a Korean e-commerce platform, after taking billions of South Korean won in Terra (LUNA), now known as Terra Classic (LUNC), for promoting Terra as a simple payment gateway. Seoul prosecutors requested an arrest warrant on the former CEO of ecommerce giant Tmon for allegedly receiving bribery from Terra cofounder Daniel Shin in exchange for promoting Terra as a payment method, the Seoul Southern District Prosecutors Office confirmed with me via text. — Danny Kunwoong Park (@ParkKunwoong)…

Republicans Plan to Reintroduce Legislation to Prevent Crypto Restrictions in 401(k): Politico

February 15, 2023

The legislation will be introduced in the House by Rep. Byron Donalds (R-Fla), the report said. Source

Republicans Plan to Reintroduce Legislation Restricting Crypto in 401(k): Politico

February 15, 2023

The legislation will be introduced in the House by Rep. Byron Donalds (R-Fla), the report said. Source

Education is key to financial freedom, says Bitcoin advocate Najah Roberts

February 15, 2023 boss

Can Bitcoin help Black Americans build wealth in a country that has historically and intentionally prevented them from doing so? The Agenda podcast recently sat down with Najah Roberts, a Bitcoin educator and entrepreneur, to explore the question. In Part 1 of the conversation, released on Feb. 1, Roberts told hosts Jonathan DeYoung and Ray Salmond that Bitcoin (BTC) might be the greatest opportunity Black Americans have had to close the country’s wealth gap. She stressed the importance of communities having financial sovereignty and control over their own money, which…

Abu Dhabi Starts $2B Initiative to Back Web3 Startups

February 15, 2023

The initiative will be based at Hub71 in the Abu Dhabi Global Market financial district. FABRIC, the research and development hub of the First Abu Dhabi Bank (FAB), is the anchor partner of the initiative, which also includes crypto exchanges and service providers. Source

FTX Seeks to Reclaim $400M From a JPMorgan Account: New York Times

February 15, 2023

Around the time FTX collapsed, Modulo’s holdings were converted into cash and are stored in an interest-bearing account with JPMorgan, which served as its prime broker, handling its trading in stocks and stock futures, the NYT report said. The fund is looking for FTX to release it from certain legal liabilities in exchange for returning the money, the New York Times said, citing one of the four people. There is no indication that the Modulo founders did anything wrong, according to the report. Source