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” ‘We don’t like our money:’ The story of the CFA and Bitcoin in Africa “ Nearly 150 million people use the franc of the Financial Community of Africa (CFA) on a daily basis, from Senegal in the extreme west to Gabon in the center of the continent. Used in 14 countries, the CFA is…
” Crypto startup employee quits after realizing telltale signs of failure “ The startup ecosystem has historically played a vital role in shaping the crypto community into an almost $2 trillion industry. However, numerous players bank on this notion to consistently overpromise and underdeliver the big WAGMI dream. Back in December 2021, Redditor busterrulezzz thought…
” Diem team members raise $200M to launch blockchain derived from it “ Former Meta employees and key players behind the firm’s defunc stablecoin project Diem have raised $200 million to expand a new project dubbed “Aptos.” Aptos was cofounded by former Novi — Meta’s crypto unit — strategic partnerships lead Mo Shaikh and tech…
” ConsenSys raises $450M in Series D funding, doubles valuation in four months “ On Tuesday, ConsenSys, the leading Ethereum and decentralized protocols software company with product suites such as MetaMask, Infura and Truffle, announced the close of a $450-million Series D funding round led by ParaFi Capital. Notable new investors included Temasek, SoftBank Vision Fund…
” Amex trademark filings suggest possible entry to the metaverse “ Major credit card company American Express has filed trademark applications for some of its logos and designs, hinting at expanding into the metaverse. According to applications submitted to the U.S. Patent and Trademark Office on Wednesday, American Express may be readying to provide “virtual…
” Visa seeks new college grads for Crypto Development Program “ According to a recent job posting, Visa is inviting new college graduates to join its 18-month rotational Crypto Development Program. Applicants will alternate between the three departments of Visa’s current crypto ecosystem: crypto product, crypto solutions and digital partnership, where they are given training,…
” Hashdex to launch Web3 and smart contracts ETF on Brazil’s stock exchange B3 “ Hashdex, a global crypto-focused asset manager, has revealed the launch of its Web3 Exchange Traded Fund (ETF) with a new announcement. As per a report by Cointelegraph Brazil, the new ETF will be available on B3, Brazil’s main stock exchange,…
” Crypto.com rolls out its exchange platform in the United States “ Following its immense marketing efforts, Crypto.com finally begins the initial rollout of its services to users in the United States. In an announcement, Crypto.com mentioned that its exchange platform is already available to users who are waitlisted and will be available to more…
” Dedicated crypto teams booming within traditional financial firms “ Despite the financial volatility that has engulfed the global economic landscape over the last month or so, there seems to be no stopping the growth of the cryptocurrency market, especially the nonfungible token (NFT) sector. This growth is highlighted by the fact that crypto’s total…
” FTX crypto exchange wins license in Dubai to open local headquarters “ Major global cryptocurrency exchange FTX is expanding operations in the United Arab Emirates by receiving a virtual asset license in Dubai. The license is apparently granted under a new cryptocurrency law adopted last week in Dubai, with Dubai Virtual Asset Regulatory Authority…