Worldcoin could onboard “billions of users” to crypto markets, said Austin Barack, a partner at CoinFund, in a blog post this week. Prior to the launch, Worldcoin had a little over two million verified users worldwide, and as of the time of writing, 941,000 World App wallets have been created, according to a Dune analytics dashboard on the project. Original
“European businesses will be a major beneficiary of this innovation, giving businesses a new way to raise capital through primary capital raises, and obtain potential tax benefits and liquidity through secondary trading,” Carlos Domingo, co-founder and CEO of Securitize, said in a statement. Source
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Ant Group, a company backed by billionaire Jack Ma, is reportedly planning to restructure and cut ties to some operations that are not core parts of its Chinese financial business. The move prepares the company for a potential initial public offering (IPO) in Hong Kong. Citing anonymous sources, mainstream media outlet Bloomberg reported that the firm relayed to its shareholders that the company is looking to leave its blockchain, database management out of a main entity, which will then be applying for a financial holding license in China. After completing…
The Block first reported on the funding round, citing a July 21 filing with the U.S. Securities and Exchange Commission that showed Flashbots had raised $30,353,089 of a $59,999,919 target. A source told The Block that two more filings would become public in the coming days that would complete the round. The publication said the round carried a $1 billion valuation. A Flashbots spokesperson declined to confirm that figure to CoinDesk. Source
The Abu Dhabi Global Market Financial Services Regulatory Authority has granted its Financial Services Permission for cryptocurrency firm Rain to offer brokerage and custody services to residents. In a July 25 announcement, Rain said the regulatory approval will allow certain United Arab Emirates-based institutional and retail users to “buy, sell, trade, and store virtual assets” through the platform. According to Rain CEO Joseph Dallago, the trading firm has also partnered with a local bank to facilitate services, under the “supervision of a local regulator and thorough legal framework” for user…
Achieving a market cap of $1 billion is difficult for any digital currency. However, Binance (BNB) and Polygon (MATIC) are among the few that have surpassed this milestone. In addition to forecasting the future of BNB and MATIC, some investors believe Borroe, a crypto project, could also achieve the same feat this year. >>Buy ROE tokens now<< Borroe is a web3 invoice and recurring revenue Marketplace Borroe is a revenue financing solution for web3 participants with cash flow issues. It consists of a blockchain and artificial intelligence (AI)-driven crowdfunding marketplace where…
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied While Cardano supporters are bullish, recent withdrawals of Bitcoin Cash by whales could slow down their uptrend. Because of these concerns, some investors are exploring Borroe and examining the platform’s scalability and real-world utility. Whales withdraw $27.5 million of Bitcoin Cash In June, Bitcoin Cash rallied after the United States Securities and Exchange Commission (SEC) alleged that several altcoins were unregistered securities. However, over the last seven days, Bitcoin Cash has dropped by 11.19% and is currently trading…
“We are very excited for Cosmic Wire’s Web3 infrastructure to be built on the Solana network,” said Johnny Lee, general manager of games, entertainment, and media at Solana Foundation, in a press release. “Their metaverse SDK solutions significantly reduce development times of high-fidelity, 3D, browser-based metaverse experiences with e-commerce of both physical web3 digital products, content CDNs [content delivery networks], payment solutions and avatar UGC [user generated content] all integrated,” Lee added. Source
“In recent years, we have seen an increase in cross-border payments globally for both international commerce and remittances. By leveraging blockchain technology and crypto assets, we can significantly improve settlement times and overall costs,” Santiago Alvarado, SVP of Institutional Product at Bitso, said in the statement. Source