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“# NFTs can be a good pathway to draw women into crypto, says Lavinia Osbourne ” Women looking for a way to enter a male-dominated space like crypto and blockchain may be drawn in by nonfungible tokens, according to Women in Blockchain Talks founder and host Lavinia Osbourne. Though the ongoing pandemic has left people…
“# Coinbase Ventures backs Ethereum-based streaming network ” This year has been foundational for the success of projects running on the Ethereum blockchain. Sharing the limelight is Livepeer, an Ethereum-based video streaming network that announced raising $20 million in a Series B funding. Led by Digital Currency Group, the funding for Livepeer saw participation from…
“# Binance banned in Malaysia, given 14 days notice to shut down operations ” Malaysia is the latest regulatory theater to come after Binance as authorities in the country have accused the exchange giant of continuing to operate in the country illegally. According to an announcement released on Friday, the Securities Commission (SC) Malaysia has served a…
“# Crypto-friendly app Robinhood loses 8% in public Nasdaq debut ” Shares of cryptocurrency-friendly trading app Robinhood dropped more than 8% in its public Nasdaq debut on Thursday, marking one of the worst initial public offering (IPO) debuts of its size. Robinhood’s HOOD stock tumbled 8.4% below the IPO price in the company’s first trading…
“# Binance to shut down crypto derivatives trading in Europe ” Troubled global cryptocurrency exchange Binance continues moving fast in curbing services to respond to the ongoing regulatory scrutiny worldwide, partly shutting down derivatives trading. Binance officially announced Friday that it would suspend its derivatives trading across the European region, starting with Germany, Italy and…
“# Large VCs are sidelining smaller crypto investors, PwC crypto lead says ” As cryptocurrency continues to take over mainstream finance, formerly cautious investors across the globe are rethinking their stance of counting crypto as a bad investment. This change of heart leads to a higher market valuation of crypto businesses due to increased funding from…
“# State Street to launch crypto services for private funds clients ” Major American financial services and bank holding company State Street Corporation is expanding its push into the cryptocurrency industry by launching new digital asset services. State Street, the second-oldest operating bank in the United States, announced Thursday that it would provide digital and…
“# Nifty news: Polyient marketplace, Ronaldinho drop, and a ‘staggering’ $4800 NFT sale … ” Investment firm and development studio Polyient has unveiled an NFT marketplace with decentralized finance (DeFi) functionality. The marketplace dubbed “PolyientX” is set for a beta release in August on Ethereum, with an official launch targeted for sometime in the Fall….
“# PayPal set to launch crypto trading in the UK and may embrace DeFi ” Global payments platform PayPal is looking towards the United Kingdom as the next market in which to expand its crypto trading services. According to the company’s second-quarter earnings call on Wednesday, PayPal has done very well out of crypto trading…
“# MicroStrategy pledges to buy more BTC despite paper loss on its holdings of $424.8M in Q2 ” Business intelligence and mobile software firm MicroStrategy has pledged to buy more Bitcoin despite reporting impairment losses of $424.8 million in Q2. This is only a paper loss however based on the price of Bitcoin at the…