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“# Andreessen Horowitz leads $28M Aleo raise ” Aleo, a privacy-focused blockchain, has secured $28 million in investments to bring its zero-knowledge applications to a wider market. California-based venture capital firm Andreessen Horowitz led the private investment round. Notable contributions also came from Coinbase Ventures, Galaxy Digital, Variant Fund, Polychain Capital and the Joseph Lubin-led…
“# Tokemak raises $4M from Framework and DeFi investors to build a ‘liquidity reactor’ ” Fractal, an established trading firm, is pushing to expand into the world of decentralized finance with Tokemak, a project the team refers to as a “decentralized liquidity reactor” for DeFi. The company announced on Tuesday a $4 million investment round…
“# Publicly-traded First Foundation invests in NYDIG as belief in digital assets grows ” “We believe digital assets are an important part of the future landscape of financial services and we are pleased to be a part of its evolution as we seek to serve the growing needs of our clients,” said First Foundation CEO…
“# Eftpos reveals plans to power Australian smart cities with blockchain tech ” Australia’s leading point-of-sale technology provider Eftpos Australia has revealed ambitious plans to roll out blockchain-powered autonomous vehicles and smart cities in Australia built using Hedera’s Hashgraph. Speaking on Tuesday as part of the Australian Blockchain Week, Robert Allen, deputy chair of Blockchain…
“# WeWork to accept crypto payments and hold them on its balance sheet ” Coworking space giant WeWork is the latest company to announce plans to hold cryptocurrencies on its balance sheet. The SoftBank-owned commercial real estate firm announced its plans via a statement on Tuesday. WeWork’s crypto balance sheet will come from the company adopting…
“# Former currency comptroller to become CEO of Binance.US crypto exchange ” Brian Brooks, the former acting comptroller of the currency of the United States Office of the Comptroller of the Currency, is set to become the new CEO of major cryptocurrency exchange Binance.US. According to a Tuesday announcement, Brooks will replace current Binance.US CEO…
“# Gaming giant Ubisoft to become corporate baker on Tezos network ” Ubisoft, the video game studio behind popular titles like Assassin’s Creed, Prince of Persia and the Tom Clancy series of games will become a corporate Tezos baker, or validator node. In a statement issued on Tuesday, Ubisoft announced its partnership with Tezos-backed Nomadic…
“# PayPal-owned Venmo launches cryptocurrency trading ” Payments app Square made headlines — and dollars — when it integrated Bitcoin trading into its mobile platform back during the crypto bull market of winter 2017. Now, rival payments firm Venmo, owned by PayPal, is following suit by launching cryptocurrency trading for four major coins: Bitcoin (BTC), Ether (ETH), Litceoin…
“# Facebook-backed Diem Association reportedly to launch stablecoin pilot in 2021 ” Facebook-backed digital currency project Diem could yet launch its first stablecoin in 2021 as a small-scale pilot, according to an anonymous source. Cited in a CNBC report published on April 20, the source claimed that the Switzerland-based nonprofit The Diem Association is still…
“# UAE employs blockchain tech for remote litigation services ” The government of the United Arab Emirates will employ blockchain technology for use in its judicial notarization and authentication services, it announced on April 19, according to the Emirates News Agency. The adoption of blockchain tech is expected to cut down on the time, effort…