First Mover Americas: Bitcoin's Awaits Triangle Breakout, Focus on Dollar
Bitcoin was trading flat to negative even as the European stocks and the S&P 500 futures got a slight tailwind. Source
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Binance to focus on crypto payments with new subsidiary Bifinity
Binance, the world’s largest cryptocurrency exchange by trading volumes, is moving to boost its fiat-to-crypto payments technology by launching its own crypto payment provider.The crypto exchange officially announced on Monday the launch of Bifinity, Binance’s official fiat-to-crypto payment company, to connect crypto service providers with the traditional financial system.Bifinity supports
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Samson Mow leaves Blockstream, plans to focus on ‘nation-state Bitcoin adoption’
Blockstream chief strategy officer Samson Mow has announced he will be leaving the blockchain firm after five years.In a Tuesday Twitter thread, Mow said he would continue to be a “#BlockstreamSpy” following his departure from the Canada-based firm where he had worked since April 2017. He said he would stay
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Cosmos Builder Tendermint Rebrands to ‘Ignite’ as Team Shifts Focus
Ignite says it’s now a “product-first” company focused on the development of its Cosmos portfolio manager and blockchain development platform. Source
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MUFG drops blockchain payment project to focus on stablecoins
Japan’s biggest financial conglomerate, Mitsubishi UFJ Financial Group (MUFG), will abandon its three-year-old blockchain payment project to focus on other digital and fintech initiatives.MUFG officially announced Tuesday the suspension of Global Open Network (GO-Net) Japan, a blockchain-based project aiming at high scalability and multi-connectivity data processing “in response to the
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Bitcoin inches towards higher weekly close with CME futures gap in focus
Bitcoin (BTC) was on the cusp of making a new higher weekly close on Feb. 13 as bulls kept the market above $42,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin: Potential CME gap to comeData from Cryptox Markets Pro and TradingView tracked fairly stress-free conditions for BTC/USD over the weekend, with the
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Ransomware Payments Are Getting Bigger as Hackers Shift Focus to Larger Targets: Chainalysis
Chainalysis’ data shows the average ransomware payment size last year reached $118,000 in cryptocurrency, up from $88,000 in 2020, according to a report published Thursday. In 2019, the average ransomware payment was only $25,000. Kim Grauer, Chainalysis’ head of research, attributes this jump to the growing sophistication of ransomware groups. Original
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Kakao Games subsidiary to focus on crypto, blockchain, Web 3.0
Kakao Games announced Tuesday that Friends Games, its subsidiary, will now become Meta Bora to focus on blockchain-based games and entertainment supporting its Bora cryptocurrency. Fast facts “We will work our hardest to help the development of the Web 3.0, such as in blockchain and the metaverse, by integrating Kakao Games’ game industry
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Alexis Ohanian’s VC Firm to Focus on Crypto With $500M Capital Raise: Report
Reddit co-founder Alexis Ohanian’s venture firm 776 Management plans to double down on crypto in the coming year, having raised $500 million across two new funds, the Wall Street Journal reports.The newly launched Funds II include an early stage-focused $300 million vehicle, and a $200 million fund which will invest
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Alexis Ohanian’s VC Firm to Focus on Crypto With $500M Capital Raise
“With the current trajectory of talented product designers and engineers, yes, a majority of our future investments will likely be in crypto, but we follow the lead of the smartest founders we meet, so if they keep building in Web3, we’ll keep funding them,” Ohanian told CoinDesk via email. Original Source
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