Eight world-famous universities, including UC Berkeley, Harvard, MIT, and Oxford, have founded a new decentralized autonomous organization (DAO) that will focus on addressing the “funding crisis and skills gap” in blockchain research and education. Dubbed Education DAO (EduDAO), the new organization will have access to a pool of $2.5 billion worth of assets provided by …
Continue reading “Harvard, MIT, Oxford, others tap $2.5 billion BitDAO to aid blockchain education”
Africa Blockchain Lab recently said it has raised $6 million from a pre-Series A investment round and will use the capital to fund the launch of a crypto wallet. Driving Adoption of Cryptocurrencies An African crypto startup, Africa Blockchain Lab, recently confirmed it has received $6 million from a pre-Series A investment round. The round …
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A Cornell University economics professor says that the promise of decentralized finance (defi) using blockchain technology is real but bitcoin may not last that much longer. Nonetheless, he admitted bitcoin “has really set off a revolution that ultimately might benefit all of us either directly or indirectly.” Economics Professor Doubts Future of Bitcoin, Praises Defi …
Tymebank, a South Africa-based digital bank, recently completed its Series B funding round with $70 million invested in the firm by Tencent and U.K. development financier, CDC Group. Funds to Support Tyme’s Expansion Into New Markets Tymebank, a digital bank from South Africa, recently raised an additional $70 million from its latest funding round, led …
By Clay Kohut, Senior Software Engineer TLDR: Over the past year, Coinbase has invested in tooling to eliminate static content across our web frontend. This is the story of how we did it and why it’s important. Coinbase Learn(ed) The Coinbase educational portal, Coinbase Learn, launched in late 2020. Learn contains hundreds of beginner guides, practical …
Say it isn’t so! Apparently, MicroStrategy ‘s Michael Saylor is considering lending the company’s Bitcoin. On a corporate level, that makes all the sense in the world. As a Bitcoiner, it doesn’t. Will MicroStrategy actually go through with it? Is lending a reasonable strategy? What are the implications? Also, why are hardcore Bitcoiners so against …
Continue reading “Is MicroStrategy Considering Lending Their Bitcoin To Generate Yield? WHY?”
Adidas has entered the NFT league. On Friday, the sportswear firm will debut a new line of NFTs called Into the Metaverse, which will grant consumers access to a virtual fan club. NFT owners will be able to purchase limited-edition apparel, and Adidas claims that members will help define the products and experiences that the …
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The Senate of Paraguay has passed a bill on Thursday that aims to regulate cryptocurrency mining and trading in the country. Bill Seeks To Regulate Crypto Trading On Thursday, the Senate of Paraguay enacted a law aimed at regulating Bitcoin and cryptocurrency trading and mining in the country. Senator Fernando Silva Facetti, the bill co-author, …
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At the height of the bitcoin rally, end-of-year predictions had flown around with abandon. Most had placed the price of the digital asset at $100,000 before 2021 ran out. With the movement of the asset at that point, one could easily look at those predictions and see how it could be a possibility. However, the …
Continue reading “Struggling Prices Beats Bitcoin Expectations Down From $100K To $50K”
Justin Sun, Tron Foundation’s founder and one of the most controversial figures in the crypto space, will leave his current position. The entrepreneur has accepted an offer from the Government of Grenada and will work as the country’s new Ambassador to the World Trade Organization (WTO). 🎉🎉🎉Congratulations @HEJustinSun on his appointment as Ambassador, Permanent Representative …
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A leading institutional provider of digital assets is adding Ethereum (ETH) competitor Avalanche (AVAX) to its arsenal of altcoins. In a new blog post, BitGo CEO Mike Belshe says that the firm can offer investors the security and efficiency they need to enter the world of digital assets – especially as the demand for high-speed …
Veteran hedge fund manager and American investor Ray Dalio is warning about the implications of climbing prices in consumer goods. In a new interview on Yahoo Finance, Dalio explains why he is significantly concerned about high inflation. “I’m significantly concerned about it because the amount of money and credit that has to be produced and …
Catch up on nonfungible token (NFT)-related news this week from restaurants to movies and music. Below is a roundup of stories you don’t want to miss. Melania Trump’s eyes become an NFT Former first lady Melania Trump launched her own NFT platform and dropped her first digital collectible titled “Melania’s Vision,” which will be on …
Last week, the world-leading centralized crypto exchange, Binance, announced it had withdrawn its license application and would be winding down operations in Singapore. At the time, the exchange claimed its decision was connected to its recent acquisition of HGX. However, a new Bloomberg report has stated that the CZ-led exchange withdrew its application due to …
The inaugural Global Esports Games is taking place in Singapore from December 17 – 19. As part of the launch, the Global Esports Federation Board will introduce its permanent symbol – the Global Esports Cup – in partnership with the GEF’s Global Partner, Flare. Every athlete competing at the Singapore 2021 GEG will receive their …
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