From a consolidated balance sheet perspective, DCG held total assets of $5.3 billion as of Dec. 31, 2022, the report said. This included cash and cash equivalents of just $262 million. Investment assets, including tokens, Grayscale trust shares, venture and fund investments amounted to $670 million. The remaining assets consist mostly of assets held by divisions Grayscale and Foundry, according to DCG. Source
Gary Gensler’s Take on Crypto Doesn’t Matter Source
“Kubernetes allows you to program how you want to deploy your application in the Web2 world. Like what are the regions where it needs to be deployed? What are the application servers? What are the databases behind it?” Gorbunov explained. “Similarly, using the [Axelar] virtual machine, we can let [Web3] developers specify their deployment configurations and then upload their code. And then with one transaction, that code will get pushed to all the chains interconnected through the Axelar protocol.” Source
“We are seeing the return of many luxury fashion houses, and also the emergence and elevation of digitally native fashion,” said Dr. Giovanna Graziosi Casimiro, head of Metaverse Fashion Week, in a press release. “We are excited to see some of the world’s greatest fashion minds engaging in the future of fashion, and what it can mean for their communities.” Source
Blockchain data shows exchange giant Binance has been relying increasingly on TUSD after regulators clamped down on its Binance USD stablecoin. Source
Last week was relatively calm regarding enforcement news but brought some peculiar local developments in regulation. United States Representative Tom Emmer introduced legislation in the U.S. House of Representatives that could prevent the Federal Reserve from issuing a central bank digital currency (CBDC). According to the Minnesota lawmaker, the bill could prohibit the Fed from issuing a digital dollar “directly to anyone,” bar the central bank from implementing monetary policy based on a CBDC, and require transparency for projects related to a digital dollar. The Canadian Securities Administrators published a…
Bitcoin and U.S. equities markets are attempting to recover, but selling at overhead resistance could continue to weigh on the bullish momentum. Bitcoin (BTC) and the United States equities markets are trying to start the week on a positive note but some analysts are skeptical about the short-term prospects of the markets. According to Bloomberg Intelligence senior macro strategist Mike McGlone, Bitcoin will face significant resistance at $25,000. McGlone believes that it “may be a while before buy-and-hold types gain the upper hand.” It also looks like Bitcoin whales, unique entities…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video I’m talking about BTC, All CRYPTO and STOCKS news, doing Bitcoin technical analysis, ETH, ethereum technicals, … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Following a brief downturn in mid-February 2023, artificial intelligence (AI) crypto assets have continued to see gains over the last 30 days. Currently, out of 74 listed AI-focused cryptocurrencies, the net value of all these tokens has risen to more than $4 billion, which accounts for 0.37% of the entire crypto economy’s value. Majority of Listed AI Cryptocurrencies See Positive Gains Over Last Month Artificial intelligence (AI) has been a dominant theme in 2023, resulting in a significant surge in the value of AI-focused tokens this year. Bitcoin.com News reported…
Blockchain Founders Fund, a venture capital fund supporting the adoption of Web3 and blockchain technology, has announced the close of a $75 million fundraising round from companies such as Polygon, Ripple, Octava, NEO Global Capital, Appworks, GSR, LD Capital, Metavest Capital and others, such as Sebastien Borget, chief operating officer of The Sandbox. According to the announcement, the fund will focus on supporting high-potential early-stage pre-seed and seed projects that encourage the mass adoption of Web3 and blockchain technology. The fund has already invested in over 100 startups, including Altered State…