The crypto infrastructure and payments firm Circle has entered into an agreement with the special purpose acquisition company Concord Acquisition Corp that will see the formation of a new holding company, doubling Circle’s valuation from USD 4.5bn, announced in July 2021, to USD 9bn now…. Read More: Circle’s Valuation Doubles to USD 9B as…
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The Graph launched its mainnet in December 2020 and is already being used by leading DeFi protocols and EVM-centric chains. Blockchain data indexing protocol The Graph has launched a $205 million ecosystem fund to lure new developers to its platform, offering further evidence that venture capital firms were still keen to support growth funds centered…
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“The currency might be virtual, but the message to companies is concrete: if you report to us, we can follow the money and not only help you, but hopefully prevent the next victim,” said Lisa Monaco. U.S. Deputy Attorney General Lisa Monaco has announced that the Federal Bureau of Investigation will be increasing efforts to…
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Short-term Bitcoin price action looks unappetizing thanks to a macro cocktail of downward triggers. Bitcoin (BTC) fell further with stocks on the Wall Street open Feb. 17 as nervous markets awaited further U.S. economic policy cues and battled geopolitical tensions. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Macro conditions stay grim for stocks, crypto Data…
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Venture capital firms allocated $25.2 billion towards blockchain and cryptocurrency projects in 2021, the highest on record. 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…
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“… Binance has … stopped marketing to Israelis and all activities focused on Israel until we examine the issue of licensing.” Major crypto exchange Binance has reportedly halted activities and marketing to Israelis following a request from one of the country’s financial regulators over licensing. According to a Thursday report from Israel-based news outlet Globes,…
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The Ministry of Economic Development of Russia has suggested that crypto mining should be allowed in energy-rich regions and miners provided with access to inexpensive electricity. The department has joined calls to legalize the industry and utilize Russia’s strengths as a mining destination. Crypto Miners Should Have Access to Cheaper Power, Economy Ministry Says Amid…
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The Republic of the Marshall Islands has announced it will allow decentralized autonomous organizations (DAOs) to become legal entities. At the time of writing, only one DAO has successfully incorporated in the country. DAOs Will Be Allowed to Register as Legal Entities The Republic of the Marshall Islands (RMI) has said it will allow decentralized…
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Start building your roster of rookies, vets, and rising drivers and be a part of an exciting game universe thanks to AnteFame, a race-to-earn (a play on “play-to-earn”) club with two main components: a motorsport fantasy league and a sim-racing league; and also get a chance to participate in an exciting and grand competition to…
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Cryptocurrency markets were trading lower for a second consecutive session, leaving bitcoin and ethereum both in the red. Overall, the crypto market cap was nearly 2% lower as of writing. Bitcoin Bitcoin bulls were nowhere to be found on Thursday, as bearish pressure continued to dominate recent market sentiment. Following a high of $44,309.03 on…
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