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“# Nexo in Miami: Crypto interest account giant talks DeFi, institutional adoption ” While decentralized finance has stolen the show with big-number headlines over the past year — the closely-watched Total Value Locked (TVL) figure notably growing nearly 800%, rising from $20 billion at the start of 2021 to $157 billion at May peaks —…
“# IBM opens Hyperledger Fabric source code to drive enterprise blockchain adoption ” The global blockchain technology market size is projected to reach $72 billion in the next five years. In order to ensure this growth, however, blockchain solution providers must continue to advance and innovate. For example, public enterprise blockchain use has become an…
“# Sygnia CEO criticizes Elon Musk for alleged Bitcoin pump and dump ” Magda Wierzycka, one of the richest women in South Africa and CEO of financial services company Sygnia, said Tesla CEO Elon Musk would likely have been investigated by authorities regarding recent allegations over his manipulation of crypto prices — if his target…
“# Stake Technologies secures $10M to build dapp ecosystem for Polkadot and Kusama ” Stake Technologies Inc., an infrastructure provider for decentralized applications and Web 3.0 protocols, has raised $10 million in strategic investments to help build out the Polkadot and Kusama ecosystems through its wholly-owned Plasm and Shiden networks. The funds will be immediately…
“# Hedge fund manager Alan Howard invests in two crypto startups ” Billionaire hedge fund manager Alan Howard continues backing the cryptocurrency industry with fresh investment in two digital asset startups. The co-founder of major asset manager Brevan Howard led a $25 million extension fund raise for London-based crypto services firm Copper.co. The company announced…
https://s3.cointelegraph.com/audio/67489.d8818b50-0746-4ab7-9c2b-47f39e8a44d3.mp3 The well-known Indian crypto exchange WazirX, which Binance acquired in 2019, is under investigation for alleged violations of India’s Foreign Exchange Act (FEMA). The probe was publicly announced in an official tweet today from India’s Enforcement Directorate (ED): https://twitter.com/dir_ed/status/1403256929435017217 In the Indian numbering system, one crore denotes 10 million. The 2,790 crore rupees in cryptocurrency…
“# Jack Dorsey says he will integrate Lightning Network into Twitter or BlueSky ” Jack Dorsey, the co-founder of social media network Twitter and financial services company Square, has confirmed he is planning to integrate Bitcoin’s Lightning Network sidechain with at least one of his businesses. On June 11, Dorsey responded to a question from…
“# DJ David Guetta puts luxury Miami pad up for sale, will accept 38 Bitcoin for it ” Renowned French DJ David Guetta has put his luxury apartment on Miami Beach up for sale and will accept payments in Bitcoin and Ethereum. The three-bedroom 2528 square foot beachfront property is on the 37th floor of…
“# Multi-trillion asset manager State Street launches digital currency division ” Multi-trillion dollar asset manager, State Street Corporation, has become the latest financial institution to announce the launch of a dedicated digital finance division. State Street, the second-oldest continually operating bank in the United States, announced the move on Thursday, June 10, highlighting the division’s…
“# Kraken rethinks direct listing plan following Coinbase’s lackluster performance ” Jesse Powell is rethinking Kraken’s plan to go public which is set for late 2022, following the uninspiring performance of Coinbase stock (COIN) since its launch on April 14. Speaking with Fortune on June 11, Powell stated that in light of the performance on…