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US House Committee Passes Bill to Block Digital Dollar Launch


A bill designed to block the potential launch of a US central bank digital currency (CBDC) has progressed to the floor of the US House of Representatives following the house committee approval on Wednesday.  The bill, spearheaded by Republicans within the House Financial Services Committee,...

Prominent Crypto and Fintech Alumni Launch $60M Oak Grove Ventures Fund


On September 19th, Oak Grove Ventures made a significant foray into venture capital by launching a substantial $60 million fund. The fund strategically focuses on cutting-edge technology, with a keen interest in artificial intelligence (AI), Web3, and biotech. Oak Grove Ventures boasts a team...

Animoca Brands Subsidiary to Launch Unique Bitcoin Metaverse Token


Animoca Brands, a prominent player in the crypto gaming and metaverse investment space, has announced plans to launch a metaverse ecosystem token on the Bitcoin (BTC) network.  In a recent press release, the company said the token will be developed through the Ordinals protocol by Darewise...

BNB Chain Layer 2 Goes Live


BNB Chain, the Binance-backed decentralized blockchain network, has announced the launch of Opbnb, its expansion layer built using the Optimism OP stack. The new network allows users to enjoy low-fee transactions in a high-throughput, high-speed transactional layer optimized for interactive...

SMI Vantage Expands Crypto Reach With New Bitcoin Mining Facility in Sarawak


The Singapore-based investment management and software-as-a-service (SaaS) provider, SMI Vantage, plans to launch a bitcoin mining facility in the state of Sarawak in Borneo, Malaysia. The company has signed a rental agreement and anticipates operations to begin by the end of the third quarter....

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