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“# BitDAO launches $200M zkDAO to advance Ethereum scaling via zkSync ” On Thursday, a proposal to fund decentralized autonomous organization zkDAO passed via treasury protocol BitDAO with close to 200 million votes cast. The proposal was authored by Matter Labs — the organization behind Ethereum scaling protocol zkSync — and Mirana Ventures. Utilizing zk-Rollups, zkSync and its…
“# The Sandbox announces $50M fund for its startup accelerator program ” Virtual world project The Sandbox announced its metaverse accelerator program that will push the development of the open metaverse by investing $50 million in startups. The Animoca Brands subsidiary is partnering with the venture accelerator firm Brinc to target 30 to 40 blockchain…
“# Turkish president orders ruling party to organize metaverse forum ” Turkish President Recep Tayyip Erdoğan and ruling Ak Party officials met earlier this week to discuss the metaverse, with the president calling for comprehensive research on the subject. Erdoğan has reportedly urged the Ak Party to study the metaverse, cryptocurrencies, and how transactions are…
“# Can DeFi and CeFi coexist? Three takeaways from experts panel ” As price action bewilders market makers and traders, experts in the crypto industry reached an agreement on several important points last week. Notably, centralized finance (CeFi) and decentralized finance (DeFi), can coexist, and a “blend” of financial products and services will be available…
“# Kanye West wants royalties from Paparazzi photos, with the help of NFTs ” Kanye West expressed his frustration at the paparazzi after being filmed arriving at Miami International Airport on Monday, as seen in a video posted by ET Canada. Kanye can be heard saying to the cameraman: “It’s just really one-sided. You guys…
“# Germany’s 2021: New regulations, the digital euro and NFTs on the rise ” An interesting year has come to an end for the crypto industry in Germany. Although blockchain technology and cryptocurrencies have not yet found wide acceptance in the country, more and more domestic institutions and investors are becoming interested in the crypto…
“# New private messaging app claims to be decentralized and quantum-resistant ” The new private messaging app called ‘xx messenger’ has been developed by renowned cryptographer David Chaum and it claims to be quantum-resistant. The messenger claims to be quantum-resistant, making it able to shield message content from all currently known decryption efforts. This would…
“# Crypto firms ignore Africa at their peril as continent set for major adoption ” Even though the digital asset market seems to be witnessing a bit of a lull at the moment, the adoption of crypto-centric tech has continued to move forward with a full head of steam globally. Africa, in particular, is a…
“# Russian finance ministry official calls for crypto regulation, not restriction ” In surprising comments made by the Russian director for financial policy, Russia could be softening its stance toward crypto. Ivan Chebeskov, a director within the Ministry of Finance, has come out in support of regulating crypto rather than banning it. His support is…
“# Orange-pilled by Michael Saylor, NorthmanTrader CEO now a Bitcoin supporter ” There is still room for humility and humor amidst a gloomy January for Bitcoin (BTC). A former outspoken Bitcoin critic has flipped bullish on Bitcoin after conversations with Michael Saylor, CEO of Microstrategy. What’s more, Sven Henrich, the CEO of market analysis firm…