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Kenyan AI and Blockchain Startup Receives Investment From Swiss VC Firm
11.2.2023
Fastagger Inc, an artificial intelligence and blockchain startup from Kenya, recently revealed that it had received an investment from the Swizterland-based blockchain investor CVVC. Mutembei Kariuki, said the investment will be used to fund the further develop Fastagger’s “cutting-edge...
Analysts suggest: Bitcoin, Cardano, & Orbeon Protocol: Best Potential Movers in 2023
11.2.2023
2023 could be the year of explosive growth for cryptocurrencies, and the top analysts are pointing to Bitcoin (BTC), Cardano (ADA), and Orbeon Protocol (ORBN) as the best potential movers. But what makes Orbeon Protocol stand out from the rest? Orbeon Protocol is an innovative platform that aims...
JPMorgan Estimates Ethereum Shanghai Upgrade Might Bring More Investors to Stake in the Protocol
11.2.2023
JPMorgan, one of the biggest financial institutions in the world, estimates that the arrival of the next Ethereum upgrade, codenamed Shanghai, will bring more investors to stake their funds in the protocol. The firm believes that this number might reach 60% of the ether issued, a number already...
State-backed Crypto Mining Farm under Construction in Russia’s Buryatia
11.2.2023
A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is already underway, carried out by a subsidiary of Russia’s largest mining operator, Bitriver. Bitriver...
Kazakhstan Law Limiting Crypto Miners’ Consumption of Electricity Enters Into Force
11.2.2023
A new law expanding the regulatory framework for cryptocurrency miners while restricting their access to low-cost electricity has entered into force in Kazakhstan. The legislation introduces a licensing regime for mining with two different categories of licenses that companies will have to renew...
Bank of New York Mellon: ‘Clients Are Absolutely Interested in Digital Assets’
11.2.2023
Bank of New York Mellon (BNY Mellon) has revealed that its clients “are absolutely interested in digital assets.” Emphasizing the need for clear crypto regulation, the bank’s head of digital assets noted: “We need responsible actors who can offer reliable services that live...
Ground Handling Firm to Use a Blockchain Document Solution at 28 Saudi Airports
11.2.2023
The Kingdom of Saudi Arabia-based airport ground handling services firm, Saudi Ground Services, has said it plans to implement a blockchain-based document solution that allows it “to issue over 10,000 digital documents annually including licenses.” According to the firm’s Ayman...
Bitcoin price correction was overdue — Analysts outline why the end of 2023 will be bullish
10.2.2023
BTC and the crypto market will continue to battle with strong headwinds, but analysts explain why Q3 and Q4 of 2023 could turn out well for Bitcoin
Genesis Unveils Proposed Sale Plan With DCG, Bankruptcy Creditors
10.2.2023
Parent company Digital Currency Group would turn its equity in Genesis Global Trading over to a holding company as part of an effort to sell both firms
Friends With Benefits DAO Releases Social Networking App
10.2.2023
The new application will allow members to connect with each other, read governance proposals and discover in-person events
Coinbase Product Head Departs for a16z Crypto
10.2.2023
Surojit Chatterjee tweeted his new role as executive in residence at Andreessen Horowitz
Ethereum Sets February Date for Sepolia Testnet to Get Shanghai Hard Fork
10.2.2023
The second round of testing of staked ether (ETH) withdrawals follows simulations on the Zhejiang testnet. The Goerli testnet would be next, ahead of next month's planned Shanghai hard fork on the main Ethereum blockchain
What Does Kraken's SEC Settlement Mean for Crypto Staking?
10.2.2023
Kraken had a pretty lousy day, but the industry is more interested in what this means for staking
‘Midnight Massacre:’ SEC Crackdown on Crypto Staking Services Prompts Speculation of Further Enforcement Actions
10.2.2023
On Feb. 9, 2023, the cryptocurrency community learned of the U.S. Securities and Exchange Commission’s (SEC) crackdown on staking services. The SEC fined Kraken, a cryptocurrency exchange, $30 million for offering an “unregistered offering” related to its U.S. staking service....
Former SEC Attorney: Kraken Action Not a Condemnation of 'Staking Writ Large'
10.2.2023
Zachary Fallon, a partner at law firm Ketsal, says that because the government agency relies on a circumstances based test, it may need to adjust its response to other crypto firms that engage in staking-as-a-service
PayPal Puts Stablecoin Project on Hold: Bloomberg
10.2.2023
Yesterday it was reported that PayPal crypto partner Paxos was being by the NYDFS
Crypto Exchange C3 Raises $6M to Offer FTX Alternative
10.2.2023
Two Sigma Ventures led the round for the decentralized exchange
An Ode to LocalBitcoins (and a Lesson About Maintaining Bitcoin's Public Goods)
10.2.2023
Policymakers Should Embrace DAOs in the New Future of Abundance
10.2.2023
Whereas corporations accumulate capital, decentralized autonomous organizations (DAOs) accumulate engagement and focus on returning benefits to all participants
Kraken CEO Calls on Congress to Protect US Crypto Industry Following Settlement With SEC Over Staking Program
10.2.2023
The CEO of crypto exchange Kraken, Jesse Powell, has called on Congress to pass a law to protect the U.S. crypto industry after the Securities and Exchange Commission (SEC) took action against his trading platform over its crypto staking service. Kraken’s CEO Responds to SEC Action Kraken...