# Assembly announces 0M capital raise, receives praise from IOTA co-founder Dominik Schiener

# Assembly announces $100M capital raise, receives praise from IOTA co-founder Dominik Schiener

“# Assembly announces $100M capital raise, receives praise from IOTA co-founder Dominik Schiener ” On Friday, Assembly, a decentralized layer one smart contract network built within the IOTA ecosystem, announced it had raised $100 million from private investors, including LD Capital, HyperChain Capital assembly, and Huobi Ventures. The project stated that the funds will be…

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# SushiSwap CTO resigns citing internal structural chaos

# SushiSwap CTO resigns citing internal structural chaos

“# SushiSwap CTO resigns citing internal structural chaos ” Late Wednesday, Joseph Delong, chief technology officer of SushiSwap, the 13th largest decentralized exchange, or DEX, by trading volume, tendered his immediate resignation from the role. Explaining his decision, Delong gave the following statement: “I wish Sushi the best and am saddened that Sushi is so…

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# We are seeing ‘10x growth in terms of the number of nonprofits accepting crypto,’ says Alex Wilson of The Giving Block

# We are seeing ‘10x growth in terms of the number of nonprofits accepting crypto,’ says Alex Wilson of The Giving Block

“# We are seeing ‘10x growth in terms of the number of nonprofits accepting crypto,’ says Alex Wilson of The Giving Block ” With the market capitalization of digital currencies surpassing $2 trillion, there is now record interest in crypto philanthropy. From helping to build a school in Uganda to fundraising for frontline healthcare workers and raising awareness…

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# Bank of International Settlement calls the rise of decentralized finance ‘an illusion’ in latest quarterly review

# Bank of International Settlement calls the rise of decentralized finance ‘an illusion’ in latest quarterly review

“# Bank of International Settlement calls the rise of decentralized finance ‘an illusion’ in latest quarterly review ” On Monday, the Bank of International Settlement, or BIS, a financial institution owned by central banks worldwide, published a report scrutinizing the development of the decentralized finance, or DeFi, industry. The article opened by saying, “There is…

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# First NFT-focused ETF lists on NYSE Arca

# First NFT-focused ETF lists on NYSE Arca

“# First NFT-focused ETF lists on NYSE Arca ” On Thursday, registered investment adviser and fintech firm Defiance announced it has launched the first nonfungible token (NFT)-focused exchange-traded fund (ETF) on the New York Stock Exchange Arca. The fund is listed under the ticker symbol NFTZ and has a management fee of 0.65% per year….

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# What is Mimblewimble and how does it work?

# What is Mimblewimble and how does it work?

“# What is Mimblewimble and how does it work? ” What is Mimblewimble?  Mimblewimble is a privacy-oriented decentralized protocol that uses a novel way of structuring and storing transactions on the blockchain. It was designed and introduced by an anonymous developer who went by the name Tom Elvis Jedusor, who was a French counterpart for…

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# ‘We are the number two crypto miner in the world, and we see practically no financial return,’ says Kazakhstan President Tokayev

# ‘We are the number two crypto miner in the world, and we see practically no financial return,’ says Kazakhstan President Tokayev

“# ‘We are the number two crypto miner in the world, and we see practically no financial return,’ says Kazakhstan President Tokayev ” During a meeting with representatives of the financial sector on Friday in Almaty, Kassym-Jomart Tokayev, President of Kazakhstan, expressed his opinion on the current state of affairs of the country’s cryptocurrency industry….

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