Proof of Capital partner Edith Cheung tells mainstream media Beijing’s digital currency could appear as soon as May next year. China will “definitely” deploy its new digital currency within the next six months to a year, a local blockchain investor has said. Speaking to CNBC on Nov. 20, Edith Cheung, partner at blockchain-focused venture capital […]
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One of the 21 founding members of the Libra Association, Bison Trails, has raised $25.5 million from Blockchain Capital, Coinbase and ConsenSys. New York-based blockchain startup Bison Trails has raised $25.5 million in a new funding round led by major venture capital firm Blockchain Capital. One of the 21 founding members of the Libra Association, […]
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The secret to building a successful decentralized autonomous organization: Decred project lead shares four lessons in de-leadership. The topic of decentralized autonomous organizations is echoing loud and clear from the halls of this year’s DevCon to CryptoTwitter. Multiple projects at DevCon, including Aragon and MolochDAO, presented their commitments to decentralize power across a DAO, or, […]
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Flying under the radar, Turkey is becoming one of the leading adopters of crypto in the world. When thinking of countries that are ahead of the curve in crypto adoption, Turkey might not be the first place that springs to mind. However, Statistica’s Global Consumer Survey for 2019 shows that a fifth Turkish residents are […]
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Decentralized finance (DeFi) lending protocol Compound secured $25 million in an investment round led by Andreessen Horowitz’s a16z Crypto. Venture capital firm Andreessen Horowitz has led a $25 million funding round for crypto lending startup Compound. On Nov. 14, Fortune reported that Compound, a decentralized finance (DeFi) lending protocol, secured $25 million in an investment […]
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Sharing his personal experience, Clement Ip recommends that crypto investors ‘don’t be lazy.’ Speaking today at BlockShow Asia 2019, Genesis Block HK co-founder Clement Ip shared a negative personal experience during a panel on how Asian trading firms make profits. His company is a blockchain venture capital firm, crypto quant hedge fund, and mining company […]
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While money laundering is noted as a key fear of regulators, the numbers shows fiat currency is still the main choice of criminals. Cryptocurrencies came to life as a counterweight to the global financial restrictions that are powered by banks and regulators through the use of fiat. Therefore, it is fitting that Bitcoin (BTC) broke […]
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The venture capital mogul highlighted the role of payment processors in helping boost Bitcoin price, which could reach millions of dollars. Bitcoin (BTC) could be worth millions of dollars after 2022 as payment processors allow easier transactions, Tim Draper has forecast. Speaking during a Q&A session at the Malta AI & Blockchain Summit last week, […]
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The Abra crypto investment app is reportedly adding 60 new cryptocurrencies to its platform, effectively trebling the number of supported tokens. California-based cryptocurrency wallet and investment service Abra is adding a total of 60 new cryptocurrencies to its platform, reports suggest. According to CoinDesk on Nov. 12, the increasingly widespread payment gateway is planning to […]
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Canadian blockchain research firm Blockchain Venture Capital Inc. has launched CUSD stablecoin that is backed 1:1 to the U.S. dollar. Canadian blockchain research firm Blockchain Venture Capital Inc. (BVCI) has officially launched a United States dollar-pegged stablecoin, the CUSD, according to a press release published on Nov. 11. The new USD-anchored stablecoin comes four months […]
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