On March 30, Gumi Cryptos Capital (GCC), announced the blockchain-focused venture capital firm’s second fund that will invest $110 million in early-stage blockchain startups. The second fund follows GCC’s initial $21 million fund that backed seed stage founders. Gumi Cryptos Capital Reveals Fund II — Firm Will Invest $110 Million Into early-Stage Blockchain Startups The …
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The UK’s Financial Conduct Authority (FCA) released a notice in 2019, condemning all crypto businesses to comply with their AML/CFT rules by 9 January 2021 and acquire their licenses. However, by December 2020, this deadline was still far from being met. Therefore, the FCA established a Temporary Registration Regime (TRR) so that crypto-asset firms who …
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Luna Foundation Guard has doubled down on its Bitcoin (BTC) strategy after purchasing an additional 2,943.00002511 BTC for $139 million. Data from block explorer Blockchain.com shows the company’s wallet received the BTC in five transactions. Two of these transactions carried 2,943 BTC. Following these purchases, the wallet’s balance rose to 30,727.97959166 BTC. According to Blockchain.com, …
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A couple of days ago, we published an article on Planetwatch. In it, I toyed with the idea of a crypto mining super box that could mine different cryptocurrencies. Well, a few hours after it went live, I received an email from a reader informing me that there was indeed such a device. It is …
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sponsored PRESS RELEASE. Yield App, one of the rising and most trusted digital wealth platforms, recently underwent a thorough ‘proof of reserves’ audit. The inspection was conducted by Armanino LLC, the firm responsible for auditing Kraken – one of the largest and most trusted cryptocurrency exchanges in the world. Yield App passed the audit with …
CME Group, one of the world’s largest derivatives marketplaces, has launched micro-sized bitcoin and ether options. “The launch of these micro-sized options builds on the significant growth and liquidity we have seen in our micro bitcoin and micro ether futures,” said a CME executive. CME Now Offers Micro Bitcoin, Ether Options CME Group announced Monday …
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Billionaire Mike Novogratz says he is much more optimistic about the crypto market now than he was a month ago. He explained that bond sell-offs and increased crypto adoption have boosted the prices of cryptocurrencies, particularly bitcoin. “I think you are going to see the Democrats taking a softer stance,” he added. Mike Novogratz Expects …
The International Monetary Fund (IMF) says a lot more work needs to be done on crypto regulation. “We’ve certainly seen an increase in the use of cryptocurrencies before this war, and we’ve seen it happen more in emerging markets than in others,” said the deputy managing director of the IMF. IMF Chief Kristalina Georgieva Pushes …
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› Metaverse The term ‘metaverse’ has become increasingly prevalent within the context of the cryptocurrency market, mainly since Facebook’s rebrand to ‘Meta’ in late 2021. 6 min read Updated: March 30, 2022 Cover art/illustration via CryptoSlate Go to Source
Anyone who seeks to help Russia bypass economic sanctions will be held accountable by the US government, says Deputy U.S. Treasury Secretary Wally Adeyemo. This follows the punitive measures that the US and its allies have imposed on Russia for its decision to invade Ukraine. Treasury Department warns anyone against helping Russia bypass sanctions Since …
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The Bitcoin community is reacting strongly to calls by environmental NGO Greenpeace and Ripple Co-founder Chris Larsen for a change in the consensus model of the digital asset. Larsen’s Ripple association gives concern Larsen, the chairman of Ripple, donated $5 million to a Greenpeace Campaign seeking to change the Bitcoin code. The “Change the Code, …
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The largest non-fungible token (NFT) marketplace Opensea has plans to add Solana support in April. The news follows an abundance of rumors that said the company would be adding Solana in the near future. Opensea Confirms Solana Support After a Myriad of Rumors and Speculation Opensea has confirmed it will be adding Solana (SOL) support …
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Nequi, a fintech neobank which allowed Colombian citizens to test all-digital financial services, has announced its plans for expansion after having parted ways with Bancolombia, the bank that gave it its origin. These plans include an entry into the cryptocurrency world while complying with the limits set by current regulators. Colombian Nequi to Enter Crypto …
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Nifty Gateway, the non-fungible token (NFT) marketplace has announced that the company has partnered with the electronics giant Samsung. The two firms have been working on the “first-ever smart TV NFT platform” and Nifty Gateway is already integrated into Samsung’s 2022 premium TV product lines. NFT Marketplace Nifty Gateway Partners With the Electronics Giant Samsung …
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In the past two years, law enforcement authorities in Malaysia have arrested hundreds of individuals for theft of electricity allegedly used to mint digital currencies. The country’s police force has also confiscated equipment worth millions of dollars. Malaysia Police Announce Results From Crackdown on Illegal Mining Since 2020, Malaysian authorities have detained a total of …
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