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An announcement by South Korea’s Ministry of Culture, Sports and Tourism appeared to fulfill incoming President Yoon Suk-yeol’s pledge to bolster the metaverse ecosystem after saying it will adopt a non-fungible token (NFT) copyright policy. Supporting the Metaverse Ecosystem The South Korean government appeared to fulfill president-elect Yoon Suk-yeol’s campaign pledge
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The Bitcoin Odyssey is a year-long pledge taken by VC firms to deploy money into solutions that accelerate the adoption of bitcoin. Original Source
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Digital Currency Group, a crypto-industry holding company, came out in defense of its subsidiary Grayscale’s Grayscale Bitcoin Trust (GBTC) last week, when the fund’s shares traded on Monday at a 20.53% discount to its underlying bitcoin holdings – the steepest in five months.One perspective is that Digital Currency Group’s pledge
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In a July interview with Cointelegraph, CEO Erik Voorhees described
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press release PRESS RELEASE. Pledge Finance is launching a cross-chain decentralized finance ecosystem, purpose-built for the financial sector following a successful private round in which it raised more than $3 million. Hong Kong – Pledge Finance, an algorithm-driven, multi-chain decentralized finance (DeFi) ecosystem, is announcing the launch of an NFT-powered structured
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Decentralized lending protocol Pledge has secured $3 million in investments for its cross-chain ecosystem focused on long-term financing, highlighting the continued innovation in the DeFi sector. The investment round was led by DHVC, a Palo Alto-based venture capital firm, with additional participation from U.C. Berkeley professor Gary LaBlanc and Stanford University
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Blockchain and fintech groups in five ASEAN countries and Australia sign a memo to advance blockchain innovation together. The consortium hopes to engage regional regulators as blockchain draws more attention from institutions. Paypal announces plans to launch a new domestic wallet in China, with a focus on cross-border payments. It
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Square will invest in environmentally conscious bitcoin tech. Spain’s second-largest bank is reportedly planning a leap into the digital asset industry. And large crypto funds topped a combined $15 billion AUM, as markets trade sideways. Top shelfGreening the orangecoinSquare has announced the launch of a Bitcoin Clean Energy Investment Initiative, where
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Square will dedicate $10 million to the development of clean bitcoin mining technologies. Source
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The Dow Jones rallied over 100 points before paring gains.Jerome Powell’s testimony did little to move the U.S. stock market as he remains cautious about the future.Trump’s polling continues to suggest a highly competitive election in November.The Dow Jones reversed losses on Tuesday, as the U.S. stock market continues to
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