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“# Finance Redefined: Near’s $800M fund, Miami embraces crypto, Oct. 22–29 ” Welcome to the latest edition of Cointelegraph’s decentralized finance (DeFi) newsletter. The DeFi space was full of fundraising this week. Read on to discover where the venture capital firm led by Reddit’s co-founder is making notable investments. What you’re about to read is…
“# Central Bank of Sri Lanka completes proof-of-concept KYC platform ” A report presented to Sri Lankan central bank governor Ajith Nivard Cabraal on Monday detailed the results of a now-completed Know-Your-Customer, or KYC, proof-of-concept project. The project Sri Lanka’s central bank, also known as the CBSL, included 3 collaborators who developed the Blockchain-based KYC platform concept….
“# Decentralized design platform Moralis raises $13.4M in seed funding from EQT Ventures ” Moralis, a platform that powers decentralized applications, or DApps, announced Thursday that it has received a $13.4-million investment from EQT ventures. The company said that it expects to use this seed capital for product development and corporate expansion. Moralis seeks to provide…
“# More than 40 digital currency ETFs await US regulatory approval ” Fund managers appear to be scrambling to match demand from investors as major cryptocurrencies such as Bitcoin (BTC), and Ethereum (ETH) teeter around record price levels. According to a Bloomberg Terminal screenshot taken by Bloomberg Intelligence analyst James Seyffart, over 40 cryptocurrency exchange-traded…
“# Blockchain platform Alchemy raises 250M in Series C led by Andreessen Horowitz ” San Francisco-based blockchain web services company Alchemy announced a $250 million Series C fundraising round led by Andreessen Horowitz on Thursday, bringing its current valuation to $3.5 billion. This announcement comes hot on the heels of a late April $80 million…
“# Mastercard is preparing its infrastructure for the deployment of CBDCs ” During an earnings call with investors and stakeholders, Michael Miebach, CEO of Mastercard, discussed his positive outlook on the cryptocurrency industry. The company has not only seen sizable volume growth in consumers using their Mastercards to purchase crypto but has also secured several…
“# LinkedIn reports crypto and blockchain job listings have surged 615% since August 2020 ” Online employment-oriented platform LinkedIn has reported demand for employees with experience in crypto or blockchain is on the rise across many companies. According to a Wednesday report from LinkedIn editor Devin Banerjee, data from the platform’s Economic Graph team shows…
“# Supply chain woes and the growth of Web 3 back OriginTrail’s fresh ATH ” Supply chain management continues to be an important are of focus and concern for the global economy, especially with the current shipping backlog at major ports across the globe and the dwindling supply of items available on store shelves. Interestingly,…
“# Voyager Digital announces $75M strategic investment from Alameda Research ” U.S.-based cryptocurrency brokerage firm Voyager Digital announced a $75 million investment from cryptocurrency quantitative trading firm and liquidity provider Alameda Research on Thursday. Founded in 2018, Voyager Digital offers more than 60 digital currencies for trade on its mobile app, which also includes services…
“# XDEFI Wallet integrates Terra and launches liquidity program ” XDEFI Wallet, a browser-based service for DeFi and NFT assets, has officially integrated the layer-1 blockchain protocol Terra on its platform following a number of weeks of testing and development. With the addition of Terra, the platform now supports 9 blockchain networks including Bitcoin, Ethereum,…