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Bitcoin Life Insurance Startup Raises $19M in Seed Rounds Led by Sam Altman and Gradient Ventures
7.6.2023
Meanwhile, a life insurance company that uses bitcoin, has accumulated $19 million through two seed funding rounds. The first round was led by Openai CEO Sam Altman and former Stripe executive Lachy Groom, while Google’s Gradient Ventures took charge of the second round. Crypto Startup...
Unigrid Secures $25M Investment Commitment from GEM Digital, Partners WeSendit, Targets Cloud Giants
6.6.2023
PRESS RELEASE. June 6th, 2023: Unigrid, a pioneering force in the development of a decentralized and anonymous Internet, is excited to announce a significant milestone, a new strategic partnership, and an ambitious market positioning. Unigrid has recently secured a $25 million investment commitment...
Report: Xbox Exclusive Redfall Suffered From Few Resources, Poor Direction
1.6.2023
While Redfall’s rough launch and poor reviews scores caught many Xbox fans off-guard, Bloomberg now reports that developers at the studio behind it, Arkane Austin, were aware of the issues for years. The online vampire shooter was pitched as a live service game with microtransactions,...
Bybit Follows Binance’s Footsteps, Exits Canadian Market Amid Regulatory Concerns
31.5.2023
In the wake of Binance’s departure from Canada, cryptocurrency exchange Bybit has announced its exit from the nation as well, citing “recent regulatory development” as the reason. Effective May 31, Bybit stated that it would cease accepting applications from Canadian residents....
European Central Bank Wraps Up Digital Euro Prototypes; Decision on Development Awaits
31.5.2023
As part of the investigation phase of its digital euro project, the European Central Bank (ECB), which serves as the European Union’s central bank, has released two reports on the institution’s market research and prototyping exercise.
The Eurosystem, which includes the ECB and the national...
Hong Kong and UAE central banks collab on crypto rules, fintech development
31.5.2023
The two central banks are aiming to align their financial service sectors and said both share “many complementary strengths.”
BRICS Bank to Offer More Loans in Local Currencies — President Calls for ‘Diversified Global Currency System’
31.5.2023
The New Development Bank (NDB), aka the BRICS bank, is seeking to offer more loans in local currencies to reduce dependence on the U.S. dollar and avoid foreign exchange risk. “We need to create a diversified global currency system,” NDB’s president stressed, adding: “In the future, it...
Crypto exchange Bybit exits Canada, citing 'recent regulatory development'
30.5.2023
Headquartered in Dubai, Bybit plans to leave Canada while exploring expanding into new markets like Kazakhstan
Crypto Exchange Bybit Exits Canada Citing Recent Regulatory Development
30.5.2023
Bybit has announced that it will be exiting the Canadian market starting as soon as May 31 due to recent regulatory developments in the country, adding to several other exchanges that pulled out from the country
ECB Finalizes Digital Euro Prototypes as Development Decision Looms
30.5.2023
The central bank has examined the use of distributed ledger technology and smart contracts for its potential new digital currency
US Bitcoin Corp to Operate Restructured Mining Division of Celsius, Boosting Hashrate by 12.2 EH/s
29.5.2023
Bitcoin mining company U.S. Bitcoin Corp (USBTC) has announced its intention to employ the mining assets of Celsius, the defunct crypto lender. The development follows the acquisition of application-specific integrated circuit (ASIC) machines from the bankrupt company by the Fahrenheit coalition...
Undeads Metaverse Starts Building The New Endless Runner Mini-Game
29.5.2023
PRESS RELEASE. Hot on the heels of generating $1M in sales in sold-out first mint event, Undeads Metaverse is excited to announce the development of another zombie-filled game that will allow NFT holders to earn rewards on their Undead NFTs sooner than anticipated. The new game, “Undeads...
Latam Insights — Venezuelan Gold Battle Continues, Argentina Seeks Yuan Funding Extension
29.5.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic development news during the last week. In this issue, Venezuela tries to regain control of the gold stash held in London again; Argentina seeks to expand the Chinese yuan swap line; and Azteco enables...
BRICS Bank in Membership Talks With Saudi Arabia, Report Reveals
29.5.2023
The development bank set up by the BRICS bloc is negotiating with Saudi Arabia on accepting the country as a member, according to a press report. The talks come as the bank, created as an alternative to similar institutions led by the West, seeks to expand its funding options amid sanctions on...
Beijing releases white paper for web3 innovation and development
28.5.2023
Hong Kong's crypto regulations coinciding with the white paper released in Beijing pique interest
How to learn JavaScript using ChatGPT
27.5.2023
Discover how to learn JavaScript effectively using ChatGPT, an AI-powered language model
Brazil Sees BRICS Bank as Alternative Financial Institution, President Lula Says
27.5.2023
The government of Brazil views the development bank established by the BRICS bloc as an alternative to traditional financial institutions, the country’s head of state told African diplomats. President Lula da Silva also vowed that the bank will improve cooperation with its African counterpart....
Chinese city releases policy draft for metaverse industry development
26.5.2023
The policies include a series of cash benefits to attract metaverse-related companies to set up shop in the city
Russian Think Tank Profiles BRICS Bank as IMF Counterpart to De-Dollarize Credit Markets
26.5.2023
The Roscongress Foundation, a Russian think tank, has profiled the New Development Bank, known as the BRICS bank, as an alternative to the International Monetary Fund (IMF) in its latest “Decolonization in Energy Markets” report. Nation members could secure loans based on their...
Nvidia AI chip value skyrockets amid AI development boom
25.5.2023
The chip developer released its second-quarter revenue forecast which came in 50% higher than market estimates, followed by a 28% increase in company shares