Cryptocurrency Analysis and News Portal
On Tuesday, privacy blockchain Concordium and Geely Holding, a Chinese multinational automotive car company that owns brands such as Volvo, announced the creation of a joint blockchain venture with headquarters in Wuxi, China. The project aims to develop blockchain technologies and improve blockchain standards, mainly in the automotive industry.Since establishing
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The money is being split between an early-stage fund and an “acceleration” fund. Original Source
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Luno cryptocurrency exchange recently announced the launch of an investment arm, Luno Expeditions, whose objective is to invest in fintech, crypto, and Web3 startups globally. The investment arm will target digital assets and later-stage companies starting from Series A upwards. Funding Over 200 Startups per Year One of Africa’s pioneering cryptocurrency exchanges,
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The decentralized finance (DeFi) ecosystem had quite an eventful week with several new developments and price action. The week started with DeFi “Godfather” Andre Cronje announcing his departure from most of his projects, leading to a massive drop in prices of projects that Cronje was associated with.CAKE DeFi launched a
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Singapore-based decentralized finance (DeFi) services firm Cake DeFi announced the launch of a $100 million venture arm dedicated to serving as accelerators for Web3, gaming, nonfungible tokens (NFT) and other crypto initiatives.The newly launched $100 million venture arm, Cake DeFi Ventures (CDV), will fund crypto startups that complement the company’s
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Welcome to The Daily Forkast – February 24, 2022 – presented by Angie Lau. Coming up in today’s show: Crypto market tanks after Putin announces military operation in Ukraine. In Asia, Japan’s biggest financial group to shutter blockchain payment venture. And finally, Chinese authority makes clarification over crypto mining ban. We’ll have more on those
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Mitsubishi UFJ Financial Group (MUFG) will close its blockchain payment venture due to slow profits, Japan’s largest bank announced on Tuesday. See related article: Japan’s Mitsubishi UFJ to issue yen-pegged stablecoin: report Fast facts MUFG said it is preparing to halt and liquidate Global Open Network Japan, Inc. (GO-NET Japan).GO-NET Japan, set up
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El monto fue casi diez veces superior al registrado en 2020, según la Asociación de Inversión de Capital Privado en América Latina. Source
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Popular NFT marketplace OpenSea is launching an investment arm after raising $300M at a $13.3 billion valuation in January. Source
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The data centers will be able to house over 150,000 mining machines. Source
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