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The Fund currently supports more than 100 startups with its investments. Blockchain Founders Fund (BFF), a Singapore-based venture capital fund that invests in top-tier blockchain startups worldwide, recently generated $75 million in its recently-closed Fund II. The VC fund announced the final close of its Fund II on February 27,
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Summary: Gary Gensler’s SEC rejected Grayscale’s Bitcoin exchange-traded fund application citing fraud and market manipulation concerns.The digital asset manager sought regulatory permission to switch its BTC spot trust index to an ETF, changing the product’s structure and reducing a huge discount on the asset.CEO Michael Sonnenshein promised his company would
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The EU deferred its final MiCA legislation vote for the second time in two months.The European Union (EU) has postponed the final vote on its Markets in Crypto Assets regulation (MiCA) until April this year. Due to a technical issue, the 27-member state intergovernmental union decided to defer the decisive
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The final vote on the European Union’s (EU) much-awaited set of crypto rules, known as the Markets in Crypto Assets regulation (MiCA), was deferred to April 2023. It marks the second delay in the final vote, which was previously postponed from November 2022 to February 2023.The latest delay is due
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"In terms of new business domains, we named three focus investment fields under our medium-term business plan," Matsuda wrote. "Among those, we are most focused on blockchain entertainment, to which we have devoted aggressive investment and business development efforts. Source
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Final Fantasy creator Square Enix is set to double down on blockchain game development despite turbulence in the crypto market, according to a Jan. 1 letter from the Japanese company's president, Yosuke Matsuda.The letter, titled “A New Year’s Letter from the President,” aimed to recap the company’s major accomplishments in
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Bitcoin (BTC) teased more volatility at the Dec. 30 Wall Street open with BTC/USD heading ever closer to $16,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWill new year deliver "long-awaited volatility?"Data from Cryptox Markets Pro and TradingView showed BTC/USD wicking down to lows of $16,337 on Bitstamp.The pair had been gradually
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"The intention of this communication was to create transparency to Vauld’s Creditors, where it has been insufficient, regarding the merits of Nexo’s acquisition plan, as well as to contribute final improvements to some of the proposal’s commercial terms based on feedback from Vauld’s Community," the letter, signed by Nexo Management,
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Metaverse platforms present a challenge of sorting bots from real people, and then even real people can be inactive or AFK, short for “away from keyboard” for hours, days, even weeks. One way to filter out bots is to filter users by those with NFTs, which also weeds out “tourists”
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Yearn Finance (YFI) has performed relatively well over the last 30 days, painting its charts in green despite the lingering uncertainty in the crypto market. According to information from Coingecko, at press time, the ERC20 governance token built on the Ethereum blockchain is changing hands at $7,087, going up by 5.7%
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