Tag: Launches

Former Cisco employee launches DAO to buy Denver Broncos

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A new decentralized autonomous organization (DAO) has been formed to raise money in an effort to purchase the Denver Broncos U.S. National Football League team for around $4 billion. BuyTheBroncos DAO aims to give fans a chance to own a piece of the team no matter their level of wealth. One of the organizers of the DAO, former Cisco employee Sean O’Brien, told CNBC on Feb. 19 that: “The purpose essentially is to establish an infrastructure so that fans from all walks of life can be owners of the Denver…

Bulgarian Stock Exchange Launches 8 Crypto ETNs – Finance Bitcoin News

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Bulgarians can now invest in crypto assets through their country’s stock market. The Bulgarian Stock Exchange has recently launched eight ETNs based on two digital currencies, bitcoin and ethereum, following the example set by leading European platforms that support such products. Crypto-Based ETNs Offered to Bulgarian Investors Bulgarian Stock Exchange (BSE) has started trading crypto instruments tracking the price rates of bitcoin (BTC) and ethereum (ETH). “Investors looking for suitable innovative crypto products may now freely trade in eight crypto exchange-traded notes (ETNs),” according to an announcement published this past…

Harmony launches Bored Ape Yacht Club NFT Passport

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On Friday, blockchain platform Harmony — whose mainnet runs on the Ethereum network, claiming to have two-second transaction finality and fees 1,000 times lower than Ethereum — announced the launch of its Bored Ape Yacht Club Passport. The Passport enables users to import proof of their apes into DeFi Kingdoms, a play-to-earn game built on the Harmony blockchain with over 120,000 monthly active users. During its initial stages, Ape holders will be able to validate and display their assets in the game across multiple blockchains when they connect their MetaMask…

FBI Launches ‘Virtual Asset Exploitation Unit’ With Specialized Team of Crypto Experts – Regulation Bitcoin News

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The Federal Bureau of Investigation (FBI) has launched a new unit to tackle crypto exploitation. The new team will work with the National Cryptocurrency Enforcement Team of the Department of Justice (DOJ) to combat “the criminal misuse of cryptocurrencies.” FBI Establishes New Crypto Unit; DOJ Appoints First Director for National Cryptocurrency Enforcement Team The Federal Bureau of Investigation (FBI) has launched a new crypto unit. According to an announcement by the U.S. Department of Justice (DOJ): The FBI’s new Virtual Asset Exploitation Unit [is] a specialized team of cryptocurrency experts…

NASCAR Launches Daytona 500 Digital Collectibles via the Wax Blockchain Platform – Blockchain Bitcoin News

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On Friday, the National Association for Stock Car Auto Racing (NASCAR) announced the firm launched digital collectibles for this year’s Daytona 500. NASCAR’s series of limited-edition Daytona 500 NFT drops is part of a partnership with the Wax blockchain team. NASCAR Reveals 2022 Daytona 500 NFT Collection NASCAR plans to issue Daytona 500 non-fungible token (NFT) collectibles and 500 ticket holders can get one NFT per wallet. The stock car racing company emailed 25,000 Daytona 500 ticket holders about the event prior to the launch. According to the announcement sent…

Ethereum System Skale Launches $100M Ecosystem Fund

Skale’s first $5 million in grants will be awarded to projects focused on the rapidly-growing blockchain gaming sector, including play-to-earn (P2E) games and the metaverse. For the kickoff program, Skale is partnering with Network of Decentralized Economics (NODE), a Liechtenstein-based foundation. Source

Brazilian Asset Manager Hashdex Launches DeFi ETF on Local Stock Exchange

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Umbria Launches AVAX Cross-Chain Bridge Solution, Claims Tech Is 90% Cheaper Than Alternative – Technology Bitcoin News

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On Tuesday, the team behind the Umbria network announced the launch of the new Narni cross-chain Avalanche bridge. Umbria says the bridge is 90% cheaper than the official Avalanche bridging solution allowing users to move ether between the Ethereum blockchain and the Avalanche network. Narni Cross-Chain Bridge Adds Avalanche Solution During the last two weeks the price of avalanche (AVAX) has increased 33.4% and this week, AVAX made its way into the top ten crypto positions in terms of market capitalization. As far as the total value locked (TVL) in…

Sequoia Capital launches crypto fund worth up to $600M

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American venture capital firm Sequoia Capital has launched a new cryptocurrency fund as part of its ongoing efforts to bootstrap the next generation of promising crypto-focused startups. Bloomberg reported Thursday that Sequoia is allocating up to $600 million towards the new sector-specific fund. Shaun Maguire, a partner at Sequoia, described crypto as a “megatrend over the next 20 years” and called it “the future of money.” The new crypto fund is part of three new sub-funds that were introduced by Sequoia on Thursday. The new funds, which operate under the…