Day: February 28, 2023

Institutional DeFi Startup Hashnote Is First to Emerge From Incubator Cumberland Labs

“We’re not a subsidiary of Cumberland but obviously work closely with companies like DRW,” said Churchouse in an interview. “We work with external founders, where typically there is a large first check investment for a substantial equity position in companies where we can add a genuine competitive advantage with Cumberland and DRW. That means a deep involvement in trading, market making, engineering algorithmic systems, low latency, the whole nine yards.” Source

Crypto Neobank Wallbit Leaves Venezuela Due to Sanctions – Exchanges Bitcoin News

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Wallbit, a crypto-enabled neobank, announced it would stop serving users in Venezuela after its banking partner in the U.S. called on it to do so. The platform announced this move was the direct result of the economic sanctions that the country is currently facing, and that Venezuelans outside the country would continue to be served. Wallbit to Cut Service to Venezuelan Users Wallbit, a cryptocurrency-enabled neobank, that advertised itself as being able to open bank accounts for its users in the U.S., announced it will stop service to users who…

Blockchain-based Gaming Platforms: A New Era of Transparency and Fairness in Gaming?

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The video gaming industry is rapidly evolving and adopting new technologies to improve the gaming experience for players. One of the most promising new technologies is blockchain. Blockchain-based gaming platforms offer a number of potential benefits, including transparency, fairness, and improved security. However, there are also some challenges that need to be addressed before blockchain-based gaming can become mainstream. In this article, we will discuss the potential of blockchain in the gaming industry and what the future may hold for this exciting new technology.   What is blockchain technology? A…

Iskra Leads DappRadar Games Ranking to Kick Off 2023 – Sponsored Bitcoin News

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sponsored Web3 gaming platform Iskra breaks into the Top 10 Games ranking list on DappRadar, the world’s leading directory for decentralized apps or dApps, in a promising start for the project in 2023. Iskra also reached another milestone as the #1 app on the Klaytn blockchain after seeing an impressive increase in their user activity that reached a new high of 19.49K UAW (unique active wallets) per day. The successful launch of several highly anticipated platform features earlier this year contributed to Iskra’s rise through the ranks and placed it…

War had no impact on Ukraine’s regulatory approach to crypto, Kyiv lawmaker says

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A year after Russia’s invasion, Ukraine continues working on cryptocurrency legislation, but the war has not changed its regulatory stance, according to a Kyiv official. Ukraine has continued to follow in the footsteps of the European Union in regard to adopting digital asset laws, Ukraine’s securities commissioner Yurii Boiko told Cointelegraph in an interview. Boiko said that the Ukrainian lawmakers have been working to implement major European crypto regulations, known as the Markets in Crypto Assets regulation, or MiCA. “The approach to the regulation of the virtual asset market has…

Pi Mining Page overview

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Pi Network brings you an overview of our Mining Page, where Pioneers can learn more about how their mining rates are … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Wrapped Bitcoin supply drops to negative after 11,500 wBTC burn linked to Celsius

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The supply of wrapped Bitcoin (wBTC) dropped to its lowest since May 2021 after the second-largest single-day burn on Feb. 27.  A total of 11,500 WBTC worth about $260 million linked to now-bankrupt crypto lender Celsius was burned, turning its growth rate to negative. The current total supply of the wrapped token is 164,396 WBTC, with a monthly growth rate of -7.39. wBTC Daily mint and burn. Source: Dune WBTC is an Ethereum-based ERC-20 token that mirrors the value of Bitcoin and is pegged 1:1 with the Bitcoin (BTC) price.…