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“# Billionaire Simon Nixon’s venture capital to increase crypto allocation ” English billionaire and Moneysupermarket.com founder Simon Nixon has plans to increase his crypto investments through his London-based venture capital firm. According to a Bloomberg report on Thursday, Adam Proctor, managing director for Nixon’s investment firm Seek Ventures, said that the company intends to increase…
“# VeChain launches blockchain platform to encourage carbon data reporting ” Supply chain management platform VeChain has announced a new service for combining businesses to overhaul their carbon footprint data management practices. The new service, detailed in a Medium post on Thursday, combines decentralized ledger technology with a software-as-a-service (SaaS) business model. The Digital Carbon…
“# Nifty News: Vogue tokenizes magazine covers, autographed Tesla and more… ” NFTs are in Vogue Readers of high-end fashion magazine Vogue Singapore will be able to fight for a chance to purchase two tokenized front cover images. The front cover of Vogue’s September issue will feature QR codes allowing readers to sign up for…
“# Hacked Liquid exchange receives $120M debt funding from FTX ” Japanese cryptocurrency exchange Liquid has secured $120 million in debt financing from FTX Trading after suffering a nearly $100 million hack last week. Announcing the news Thursday, Liquid Group and FTX Trading — the owner and operator of crypto exchange FTX — said that…
“# OnlyFans reverses decision to ban porn after assurances from ‘banking partners’ ” OnlyFans has made a sharp u-turn on its decision to ban sexually explicit content after it received a backlash from creators and some new assurances from at least one bank suffering bad PR. The platform became wildly popular by connecting online sex…
“# Crypto soars to account for 73% of trading commissions on eToro in Q2 ” Crypto grew to represent 73% of trading commissions on popular retail trading app eToro in the second quarter. eToro announced its Q2 results on Aug. 25, with the firm posting $362 million worth of total trading commissions and reporting its…
“# Asset managers and companies accumulate 1.2M Bitcoin worth $57 billion ” Around 6% of Bitcoin’s circulating supply has been accumulated by asset managers and companies, signaling ever increasing mainstream and institutional adoption of crypto assets. According to Buy Bitcoin Worldwide, 816,379 BTC worth $40.1 billion is currently held by 14 Bitcoin fund issuers and…
“# Fox Corporation backs Eluvio’s $100M raise as part of its content plan for NFTs ” U.S. mass media company Fox Corporation has made a strategic investment in digital content management firm Eluvio to help develop Fox’s nonfungible token business. An announcement on Aug. 25 reported that Fox Corporation’s investment marks the completion of Eluvio’s…
“# Three Arrows Capital CEO Su Zhu outlines his bullish thesis for Dogecoin ” Three Arrows Capital CEO Su Zhu has outlined a bullish thesis for Elon Musk’s favorite cryptocurrency, Dogecoin (DOGE). Speaking on an Aug. 25 episode of “The Game Theory of Crypto Podcast”, Zhu stated that he’s ke on DOGE because the meme…
“# Cardano Foundation partners with Coinfirm for FATF and 6AMLD compliance ” The nonprofit organization behind Cardano has partnered with blockchain analytics provider Coinfirm to ensure ADA is in compliance with the Financial Action Task Force’s guidelines. In an Aug. 24 announcement, the Cardano Foundation said it would be using Coinfirm’s services to provide Anti-Money…