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“# CasperLabs readies blockchain platform for 2021 mainnet launch with $14M private sale ” CasperLabs has raised $14 million in a private validator token sale, with over a dozen investors participating in a round led by Digital Strategies. The company expects to launch its public mainnet in the first quarter of 2021, followed by a public…
“#Disney’s Bob Iger joins board of vegan dairy startup” Disney’s Bob Iger is joining his first outside board of directors since stepping down from the Apple board 13 months ago. The Mouse House executive chairman and former CEO will fill a founder-designated board seat on Perfect Day, a Berkeley, Calif.-based startup that uses fermentation to…
“# Canada’s first public Bitcoin fund hits $100M mark ” Canadian digital asset manager 3iQ has recorded a major milestone fo its public Bitcoin (BTC) fund. The Bitcoin Fund — Canada’s first Bitcoin fund listed on a major stock exchange — has crossed the $100 million market cap threshold, 3iQ announced in an Oct. 20…
“# Abramoff-linked crypto firm says SEC has no case against it ” The NAC Foundation has accused the United States Securities and Exchange Commission of misconduct in an ongoing case. According to court documents Oct. 20, Rowland Marcus Andrade and his company NAC Foundation asked a San Francisco federal judge to dismiss the SEC’s June lawsuit alleging…
“# Report ranks crypto next to gold in popularity with Russian investors ” Cryptocurrency investment is one of the most popular investment tools in Russia, according to a new report. The World Gold Council, a major market development organization for the gold industry, released a report on retail gold insights in Russia on Oct. 20….
“# ‘Still so early’ — 7% of Americans have bought Bitcoin, study finds ” According to new data from Statista, only 7% of Americans have previously used Bitcoin (BTC). This means current investors in BTC are still in an early stage of growth. Dan Tapiero, the co-founder of 10T Holdings, said Bitcoin is still at…
“# Bankless society ‘inevitable’ due to crypto, says Morgan Creek CEO ” A bankless world is inevitable due to the “natural evolution of technology,” according to a top executive at multi-billion dollar investment manager, Morgan Creek Capital. The firm’s CEO Mark Yusko believes that a “silent revolution” powered by cryptocurrencies like Bitcoin (BTC) will eventually…
“# New report finds 15 major factors that cause crypto prices to rally ” EToro, the major multi-asset brokerage, released a crypto market quarterly report for Q3 2020. The report, titled “What Moves the Prices of Cryptoassets,” delves into the main factors that cause cryptocurrencies to rise in value. The 15 “significant developments” that directly…
“# Six Binance Smart Chain DeFi projects awarded grants from $100M fund ” Global cryptocurrency exchange Binance announced funding for six projects building on the firm’s smart chain. In an Oct. 14 statement, Binance stated that blockchain projects AnySwap, Arkane Network, BakerySwap, Bitquery, PancakeSwap and Proxima will receive $350,000 in grants through the firm’s $100…
“# Unqualified investors can buy up to $8K of crypto, says Bank of Russia ” The central bank of Russia proposed to set limits on annual cryptocurrency investments by non-professional investors. The Bank of Russia suggested that unqualified investors in Russia should not be allowed to invest more than 600,000 Russian rubles ($7,800) in digital…