April 22, 2022

Andreessen Horowitz Creates a Crypto Research Team Focused on Web3

The venture capital firm – Andreessen Horowitz – announced it will form a cryptocurrency research unit encompassing various talents from the space. The team’s main goal will be to solve important problems related to the emerging Web3 ecosystem. a16z’s Next Endeavor The leading VC firm – Andreessen Horowitz (known as “a16z”) – has been active...
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Cardano Integrates On-Chain KYC in Compliance With Regulations

Blockpass, a digital identity verification provider partnering with various crypto wallets and exchanges, has started offering KYC services to Cardano’s commercial arm, EMURGO. Cardano-based addresses will be added to the Blockpass App, and projects can directly access on-chain KYC services, if needed, to comply with regulatory requirements. Positioned as the axis of the Cardano ecosystem,...
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CertiK Closes $60 Million Funding Round from SoftBank Following $88M Series B3

CertiK – a Web 3 and blockchain security firm – has secured an additional $60 million investment from SoftBank Vision Fund 2 and Tiger Global. This follows the firm’s $2 billion valuation last month, after an $88 million round in which Tiger Global also took part. With the new funding, investments in CertiK over the...
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Vetter: A New Way To Research New Crypto

New York. April 21, 2022. The crowdsourcing DAO Vetter.ai offers a dApp with tools for informed investment decisions. In the blockchain industry where things change in a matter of minutes and research is time-consuming, getting the right information in the right time can result in a successful investment opportunity. Vetter CrowdX Calendar — just one...
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OP_CTV – Summer Softfork Shenanigans

Abstract: We examine and explain a proposed softfork upgrade to Bitcoin, OP_CTV (Check Template Verify). This feature would enable users to commit to spending a Bitcoin output, only under certain restricted conditions. The main proponent of this upgrade, Jeremy Rubin, in a bold move, recently announced the imminent release of a new client with OP_CTV...
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Ukrainian Central Bank Bans Bitcoin Purchases Using National Currency

The National Bank of Ukraine issued a statement on Thursday clarifying that cryptocurrency purchases using the native currency are temporarily banned. This is part of a wider effort to keep capital within the country’s borders while martial law is in place. Preventing ‘Quasi-Cash’ Transactions As the statement explained, assets that are directly convertible for cash...
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Highlights from Coinbase’s First Smart Contract Hack Days

By Michael Li, Vice President, Data at Coinbase Hackathons have been a long-standing and important part of Coinbase culture, as they give our engineering teams the opportunity to collaborate with one another and experiment directly with the tools that are enabling a new era of open finance. At Coinbase, we acknowledge that Web3 unlocks a...
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Binance Recovered $5.8 Million From the Axie Inifity Hackers, Says CZ

Binance’s CEO reported earlier today that the company recovered nearly $6 million out of the $600 million stolen in the hack against the Ronin Network. These are among the first funds on the move since the exploit took place roughly a month ago. CZ took it to Twitter on April 22 to inform that the...
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TRON Founder H.E. Justin Sun Announces the Launch of USDD – A Decentralized Stablecoin

[PRESS RELEASE – Please Read Disclaimer] Geneva, Switzerland / April 21 / – H.E. Justin Sun, Founder of TRON, announced today in an open letter on Twitter that an all-new stablecoin is launching on the TRON blockchain, USDD (or Decentralized USD), marking its official entry into the field of decentralized stablecoin. TRON DAO will partner...
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Russia Plans to Use Digital Ruble for International Settlements

Russia’s central bank recently said that it is looking to begin a pilot for the digital ruble next year, with plans to use the central bank digital currency (CBDC) for international payments. Digital Ruble a Priority, Says Central Bank Governor According to a Reuters report, the governor of the Bank of Russia, Elvira Nabiullina, speaking...
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PleasrDAO Partners with Amber Group, DeFi Leaders, Early NFT Collectors, and Digital Artists

[PRESS RELEASE – Please Read Disclaimer] The Doge NFT, PleasrDAO, and Amber Group partner up to make NFTs more accessible New York, April 20th – PleasrDAO, a collective of DeFi leaders, early NFT collectors and digital artists today announced a partnership between Amber Group and world’s most famous meme, The Doge NFT (fractionalized into DOG...
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23 Congressional Democrats Call for Investigating Proof-of-Work Facilities

Proof-of-work (PoW) protocols have been under fire for years due to their massive energy consumption – particularly hurting the battle against climate change. The latest censure against the mining industry derived from the US Congressman Jared Huffman. He penned a letter to the Environmental Protection Agency (EPA) on Wednesday, requesting it to investigate and address...
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What Traders Can Expect from the Crypto, DeFi & NFT Space Ahead? 

After a notable rally in 2021 a couple of times, 2022 appears to be pretty relaxed, maintaining a squeezed rally. Traders appear to extract their profits with just a minor spike and compel the prices to chop around the lower levels. However, in the upcoming days, the space may witness a significant change which may...
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Renowned Film Director Ridley Scott to Produce a Movie About Ethereum

Ridley Scott – one of the greatest film directors of all time – will be the next celebrity to dive into the cryptocurrency universe by producing “The Infinite Machine,” a movie about the founding of the Ethereum network. Gladiator’s Ridley Scott to Take Ethereum to Hollywood Camila Russo’s book “The Infinite Machine,” which tells about...
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Justin Sun Plans a Tron Stablecoin With $10 Billion of Crypto Collateral

Tron founder Justin Sun has announced plans to launch a decentralized algorithmic stablecoin called USDD on the TRON blockchain network. In an open letter on Thursday (April 21, 2022), Sun revealed that USDD will be “a fully decentralized stablecoin underpinned by mathematics and algorithms.” According to the Tron founder, USDD will not rely on any...
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Two New Coins in One Day: UNI and SUSHI

Fans of the SUSHI coin and UNI token, this one’s for you. Ahead of BitMEX Spot arriving next month, we’re welcoming both the Uniswap and SushiSwap DeFi tokens to BitMEX.  In  just a few days, UNI and SUSHI support will be available on BitMEX, meaning you will soon be able to do the below with...
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Do You Use MetaMask on Apple Devices? Turn Off Your Backup

Users of hardware with the bitten apple logo should remember that a weak iCloud password can result in the loss of MetaMask wallet funds. This, of course, applies to those who have used the iCloud backup option for app data. Beware of Weak Passwords MetaMask is one of the most widely used cryptocurrency wallets on...
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Polygon-based Rario Concludes $120 Million Funding Led by Dream Capital   

Singapore-headquartered cricket NFT platform Rario has bagged $120 million in funding led by Dream Capital. The Series A funding round also saw the participation of Alpha Wave Global. Founded in 2011, Rario’s existing investors include Animoca Brands, Presight Capital, and Kingsway Capital. “We are pleased to announce that we have raised $120M Series A Funding...
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