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“# VC firm Borderless Capital floats $25M blockchain fund in Miami ” Borderless Capital’s support for Algorand-based development has taken another incremental turn with the venture capital firm launching a new $25 million fund in Miami. In an announcement on Wednesday, the investment firm stated that the $25 million fund will focus on supporting blockchain…
“# China to hand out $6.2M in new digital yuan trial in Beijing ” The Chinese government is launching another digital yuan lottery to stimulate its ongoing digital currency trials, this time in the capital of Beijing. The Beijing Local Financial Supervision and Administration officially announced Tuesday that the government will distribute 40 million digital…
“# Polkadot ETP hits Swedish stock market ” The mainstream financial world has taken notable strides to incorporate various crypto assets. A new exchange-traded product (ETP) for Polkadot (DOT) recently surfaced on a mainstream exchange in Sweden. The Nordic Growth Market now hosts buying and selling for the DOT ETP, officially labeled as the “VALOUR…
“# Privacy blockchain Dusk establishes $5 million grant program ” The crypto space has grown significantly in recent years, with various projects harnessing different blockchains for their solutions. Dusk Network, a blockchain focused on privacy, now offers projects the opportunity to apply for funding for Dusk-related endeavors. “The Dusk Grants Program seeks to engage (independent)…
“# The remaining steps to mainstream institutional investment ” It has been said that you only get one chance to make a first impression. Perhaps the best example of this old adage is the cryptocurrency space. From exit scams and money laundering, to unaudited code and high carbon footprints, the crypto landscape has spent the…
“# American convenience store chain now accepts Bitcoin payments ” Retail crypto payment acceptance in the United States continues to grow as Sheetz announces plans to allow the use of virtual currencies in its outlets across America. In a release issued on Thursday, the convenience store chain announced its partnership with digital payments provider Flexa…
“# Carbon-neutral Bitcoin funds gain traction as investors seek greener crypto ” Bitcoin (BTC) has been a hot topic of discussion lately even for those outside the core crypto community, but unfortunately, it’s not for the best of reasons. In particular, the amount of energy required to mine Bitcoin has created concerns for investors who were…
“# Austrian Post combines NFT and NFC tech for digital postage stamp ” Oesterreichische Post AG — Austria’s postal service — is set to adopt even more digital technology protocols for its nonfungible token postage stamps. In a recent announcement, the Austrian Post announced plans for NFC chips to Crypto Stamp 3.0 — the third iteration…
“# Lack of knowledge is main barrier to crypto adoption, new survey says ” Among the many complications associated with cryptocurrencies like Bitcoin (BTC), a lack of knowledge and understanding of crypto is the biggest obstacle for wider adoption, according to a new survey. The Economist Intelligence Unit, the research and analysis division of the…
“# Hong Kongers use blockchain to save evidence of anti-authoritarian struggles ” Blockchain’s potential to sustain a distributed, tamper-proof infrastructure for collective digital memory has taken on an unexpected political salience for citizens in Hong Kong. Soon after Hong Kong’s public broadcaster Radio Television Hong Kong, or RTHK, revealed its intent to erase any archived…