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” No Bitcoin: Mozilla will only accept Proof of Stake crypto donations “ The company behind the Firefox internet browser Mozilla is attempting to appease its environmentally-conscious community by accepting only Proof-of-Stake (PoS) crypto donations. The company initially halted all crypto donations in January, but has now opened them back up after a review period…
” NFT avatar startup Genies valued at $1B following Series C funding round “ Nonfungible token (NFT) startup Genies has secured $150 million in Series C funding at a valuation of $1 billion, making it the latest crypto-focused platform to attain “unicorn” status. The funding round was led by California-based private equity firm Silver Lake,…
” Belarus-born crypto platform halts operations for Russians in response to invasion of Ukraine “ Crypto trading company Currency.com has announced it halted operations for clients based in Russia following the country’s “violence and disorder” imposed on the people of Ukraine. In a Tuesday announcement, Currency.com said Russian residents would no longer be able to…
” Celsius announces only transfers from accredited US-based investors will be able to earn rewards “ Crypto lending firm Celsius Network has announced it will be launching a custody solution for users based in the United States in response to discussions with local regulators. In a Monday announcement, Celsius said its ‘Earn’ product allowing users…
” Crypto mixers’ relevance wanes as regulators take aim “ Cryptocurrency mixers have been an interesting topic of discussion ever since the advent of cryptocurrencies and their adoption by retail investors around the world. Cryptocurrency mixers are services that essentially focus on one feature of a blockchain network: privacy. Cryptocurrency mixers, also known as tumblers,…
” Crypto ‘en français’: ‘Cointelegraph France’ is now live “ Cointelegraph is delighted to announce the launch of its French edition, Cointelegraph France, providing the latest cryptocurrency and blockchain news en français and marking another historic milestone in the publication’s global presence. Founded in 2013, Cointelegraph is the leading independent cryptocurrency and blockchain-focused publication covering…
” The aftermath of Axie Infinity’s $650M Ronin Bridge hack “ In late March, Ronin, an Ethereum sidechain built for the popular play-to-earn nonfungible token game Axie Infinity, was hacked for over 173,600 Ether (ETH) and 25.5 million USD Coin (USDC) for a combined value of over $600 million. The breach on the Ronin bridge…
” BlackRock joins stablecoin issuer Circle’s $400M funding round “ Circle, a major peer-to-peer payments firm and the principal operator of the UDC Coin (USDC), has announced a $400 million funding round and a new partnership with the American investment firm BlackRock. The USDC issuer has entered into an agreement for a funding round featuring…
” Wealth report: As old money procrastinates, young money goes crypto “ The rich get richer. According to the Wealth-X consulting company, in 2020, the number of ultra-high-net-worth individuals worth $5 million–$30 million in the world increased by 1.7% to 295,450 people; the combined net worth of this group increased by 2% to $35.5 trillion….
” Lack of proper financial services boosts crypto ownership in Nigeria, says report “ A new study has revealed staggering growth in crypto adoption across Nigeria, fueled by limited access to affordable fiat-based financial services in Africa. Crypto exchange KuCoin’s “Into the Cryptoverse Report” highlights that many Nigerian citizens have started using cryptocurrencies as a…