Silvergate Bank is planning to sell 3.31 million shares. With this sale, the financial institution seeks to raise more than $461.3 million. The proceeds from this sale will increase the bank’s regulatory capital levels. Silvergate is a chartered bank in California. The latest filing with the US Securities and Exchange Commission (SEC) states that the …
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Chainlink is tapping into the experience and expertise of the individual who helped create search engine giant Google. Chainlink Labs recently announced the hiring of Eric Schmidt, a former CEO at Google. Chainlink Labs is a smart-contract oracle service provider company, and Schmidt will be joining this firm as a strategic advisor. According to the …
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The crypto market has been having a rough December. Since the beginning of this month, various tokens have made notable dips, and EOS is following the trend, and it is ranking as one of the coins trading in the red zone. The dips come after a notable rally in November. EOS is trading at $3.45 …
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Those who fail to keep a track of the latest news in crypto can now take a sigh of relief as we are here to help you. Here is a list of top news content of 9/12/2021 that grabbed the attention of the industry. Read on: Waitlist For ‘Community Points’ Program: Reddit Present Leading social …
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DAOs are a logical extension of DeFi apps, made feasible by the blockchain’s capabilities. This has brought a revolution in e-governance through a majority-win voting methodology, including the proprietors of the native tokens. This model gives native token holders complete control over the decision-making process and a proportionate share of the distributing fees. Thus the …
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Cryptocurrency analyst Aaron Arnold is naming two altcoins that he says possess massive potential. The crypto analyst tells his 1,160,000 YouTube subscribers that the first altcoin with massive potential is Chainlink (LINK), an Ethereum-based crypto project that facilitates the transfer of data to smart contracts from off-chain sources. Arnold says that Chainlink Labs has bagged …
Kazakhstan, one of the world’s largest countries in terms of Bitcoin mining hash power, is continuing to explore a potential central bank digital currency (CBDC). The National Bank of Kazakhstan has completed a prototype of a digital tenge platform, governor Erbolat Dossayev announced, according to a report by local news agency Kazinform. The central bank is …
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Coinbase has come under fire recently following a technology snafu that reportedly resulted in the company closing many of its customer’s accounts. When users attempted to purchase Japanese stablecoin GYEN and Powerledger (POWR), they suffered from technical difficulties. This was then followed by an error in the system response. Now, deeply frustrated customers have launched …
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Mnemonic has emerged from a period of six-month incubation to announce the upcoming launch of its nonfungible token (NFT) analytics platform designed to facilitate API and cross-chain aggregation functionalities which enable developers to build NFT-centric applications. Above this foundational layer, the platform also intents to provide on-chain quantitate data insights into popular collections in the …
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The Confederation of Indian Industries (CII), a non-government trade association and advocacy group, has proposed to treat cryptocurrencies as securities of a special class. The trade association released a report titled “Cryptocurrencies, Crypto Tokens/Assets & Regulations: The Way Forward” where it advocates for regulating the crypto market instead of outlawing it, reported Business Line. The report …
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Multi-chain solutions, commonly called layer 2, have become hot digital tokens in the past year due to their low price and high returns. Given this, investors are looking for the top layer 2 crypto to buy as this minor crypto class gains steam. While Polygon is the most recognised scaling solution out there, several top-performing …
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“The market opportunity for bringing the Metaverse to life may be worth over $1 trillion in annual revenue and may compete with Web 2.0 companies worth ~$15 trillion in market value today.” – Grayscale Metaverse report. Have you heard about virtual real estate in #Decentraland recently? Takeaways from Grayscale’s #metaverse report were mentioned in @BusinessInsider. …
Over a five-hour-long educational hearing before the House Financial Services Committee on Wednesday has confirmed–the US Congress is ready to listen. In a bid to ward off aggressive regulation, six senior executives from leading crypto firms, including Bitfury, Circle, Coinbase, FTX, Paxos and the Stellar Development Foundation, gave a crash course on the point of …
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After 9/11, “the US government for the first time was able to take control of an infrastructure that had already begun to work its way into every home, every workplace and now, every pocket,” said Snowden, referring to smartphones. Snowden said this new form of authoritarianism and form of oppression began taking place because of …
DeFi lending protocol Unbound Finance (UNB) set the stage for its native governance token launch–announcing IEO on Huobi Primelist. Unbound Finance is built as an aggregator layer over the existing Automated Market Makers (AMMs) that power decentralized exchanges (DEXs) on Ethereum and other blockchains. The protocol allows users to leverage their idle liquidity pool tokens …
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