Tag: Business

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Dan Tapiero’s 10T will launch $500M fund for late-stage crypto firms

With the addition of the new fund, 10T Holdings’ assets under management would likely exceed $1 billion. Macro investor Dan Tapiero is launching another multimillion dollar fund intended to invest in mid- to late-stage companies in the digital asset ecosystem. According to a Notice of Exempt Offering of Securities filing with the U.S. Securities and…
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Former Google CEO is now a strategic advisor for Chainlink Labs

Having previously previously described Bitcoin as “a remarkable cryptographic achievement” and with an estimated net worth of roughly $23.6 billion, Schmidt will likely be one of the wealthiest individuals acting as a Chainlink advisor. Eric Schmidt, the chief executive officer of Google until 2011 who later served as executive chair at the tech company and…
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Former Facebook engineers at Mysten Labs raise $36M for Web3 infrastructure

“We believe fundamental limitations in existing crypto infrastructure are frustrating broader adoption of Web 3.0,” said Mysten’s team, citing the scalability of existing chains as well as the lack of interoperability of many smart contracts. Mysten Labs, the research and development firm founded by former engineers from social media giant Facebook, has announced the completion…
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Projects are collecting Toys for Tots crypto donations this holiday season

“The cryptocurrency bull market has been good to all of us in this industry and this holiday season is the perfect time to pay it forward,” said Unbanked co-CEO Ian Kane. This holiday season, fintech provider Unbanked will be enabling crypto donations for Toys for Tots, a program run by the United States Marine Corps…
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Edward Snowden says gamers could be vulnerable to exploitation using NFTs

“I think the community should very much be trying to bend the arc of development away from injecting artificial, unnecessary scarcity entirely for the benefit of some investor class,” said Edward Snowden. National Security Agency whistleblower Edward Snowden said he was concerned with how some privileged individuals or firms in the digital space might be…
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BREAKING: Square rebrands to Block as focus shifts to blockchain

“Block is a new name, but our purpose of economic empowerment remains the same. No matter how we grow or change, we will continue to build tools to help increase access to the economy,” said Jack Dorsey. Digital payments company Square announced that it has changed its company name to Block, seemingly in a shift…
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‘Crypto Critic’ — Hollywood insider has a message for celebrities who shill token projects

According to Ben McKenzie, blockchain technology may still play an important role in the future of finance, but “rich and famous people pushing these products” haven’t yet earned the trust of investors. Ben McKenzie, the actor known for his roles on TV shows including Gotham and The OC, is speaking out against public figures endorsing…
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Grubhub users can earn BTC rewards for food delivery as part of Lolli partnership

“Food delivery is a ritual for many and Bitcoin rewards makes Bitcoin a part of that ritual,” said Lolli co-founder and CEO Alex Adelman. Food delivery platform Grubhub has partnered with Bitcoin rewards app Lolli to give hungry people the opportunity to earn crypto back on their orders. In a Wednesday announcement, Lolli said Grubhub…
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Coinbase will establish presence in Israel through purchase of Unbound Security

“We’ve long recognized Israel as a hot bed of strong technology and cryptography talent, and are excited to continue to grow our team with some of the best and brightest minds in these fields,” said Coinbase. Cryptocurrency exchange Coinbase will acquire cryptographic security company Unbound Security in a move that will also have the U.S.…
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BIS Innovation Hub partners with Fed to support analysis of digital assets

Jerome Powell cited CBDCs and digital assets in his speech to open the New York Innovation Center at the Federal Reserve’s local offices. The Federal Reserve Bank of New York has announced it will be partnering with the Bank for International Settlements Innovation Hub as part of the launch of its New York Innovation Center,…
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