A16z Backs Web3 Consumer App Setter in $5M Seed Round
Setter aims to address "the complexity and unfriendliness of current wallet technologies," making entry into Web3 a seamless experience for more users. Original Source
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Backs
Cybersecurity expert backs Sen. Warren’s crypto bill in senate hearing
United States Senator Elizabeth Warren has emphasized the risks of cryptocurrency scams targeting senior citizens in the U.S., with the support of a cybersecurity expert endorsing her legislation on digital assets to prevent future scams.In a recent senate hearing, Warren outlined the significant increase in crypto scams being targeted towards
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MAS’ Ravi Menon Calls Cryptocurrencies a Failure, Backs CBDCs and Stablecoins
Menon mentioned how Project Guardian, led by MAS and industry partners, is tokenizing foreign exchange, bonds, and funds to enhance global liquidity, streamline cross-border transactions, and improve operational efficiency in financial markets, with trials by major global banks. Original Source
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EU backs Data Act with clause to shut off smart contracts
The European Parliament has voted to approve the Data Act — controversial legislation that includes a stipulation necessitating smart contracts have the ability to be terminated.In a Nov. 9 press release, the parliament said the legislation passed 481 votes to 31 against. To become law, it will now need approval
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Anoma Foundation Backs Namada’s Community Builders Program
The Anoma Foundation is demonstrating its commitment to the cause of digital privacy by incentivizing and rewarding contributions to the Namada Community Builders Program. In an exciting development for the blockchain community, Switzerland-based blockchain non-profit Anoma Foundation has announced its support for Namada, a multichain privacy protocol, by launching a Community
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Bitcoin Magazine Investment Affiliate UXTO Management Backs First Ordinals Trading Fund
Unbroken Chain has already started investing early contributions of $1.5 million, with initial assets including a Bitcoin Rock – from the first contiguous collection of inscribed Ordinals – purchased on Sept. 20 for 3 BTC (roughly $85,000), according to the statement. Original Source
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Ripple backs out, won’t acquire Fortress Trust
On Sep. 28, in a post on X, Brad Garlinghouse, the CEO, revealed that Ripple has chosen not to acquire Fortress Trust. Instead, they will continue to be an investor in the blockchain-based payment network. A few weeks ago, we signed a letter of intent to acquire Fortress Trust – we’ve
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Valkyrie Backs Off Ether Futures Purchases Until SEC ETF Approval Officially Effective
The asset manager Thursday said it had already begun purchasing ether futures contracts. Source
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Analyst Backs Bitcoin To Reach $34,500 In 2024 In New Prediction
Bitcoin (BTC) has experienced little price movement this week and is up by only 0.25% in seven days, according to data from
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Hong Kong’s scholar backs HKD stablecoin to take on USD and USDT
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Vice President of the Hong Kong University of Science and Technology is once more supporting the idea of introducing a stablecoin tied to the Hong Kong Dollar (HKD) to challenge the status of USDT, a
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