Investment company Dragonfly Capital has opened a new venture capital fund with a capital of $650 million. Gm anons! We're launching Dragonfly Fund III, a $650M crypto venture fund—our largest fund ever. With this new fund, we'll be be backing founders all across their lifecycle in crypto. Excited to be a small part of the next chapter of this...
The Central African Republic (CAR) has approved bitcoin as a means of payment along with the local franc. The relevant law was adopted by Parliament and signed by President Faustin-Archange Touadéra, writes AFP. The document also involves the introduction of cryptocurrencies. “The CAR was the first in Africa to take this step, which will put it among...
The cryptocurrency industry is still too small to compare large projects. However, this approach is useful when describing the product being created, said Ava Labs President John Woo as part of a podcast. Decrypt. The startup is behind the development of Avalanche, an open source platform for running decentralized applications, public and private blockchains. According to...
Lower house of the New York State Legislature voted for a bill designed to freeze current levels of carbon emissions from cryptocurrency mining. The document provides for a two-year moratorium on the issuance of new permits for the production of cryptocurrency using electricity generated from hydrocarbon sources. Enterprises operating under this scheme will not be able...
The developers of MetaMask and the service for buying cryptocurrencies and NFT MoonPay have agreed to cooperate. Non-custodial wallet users will be able to purchase digital assets with fiat. 🚨ICYMI🚨 MoonPay is now available to over 30 MILLION MetaMask users. Read about how we enable the purchase of crypto with cards. 👇https://t.co/9L7Z3RfaQS pic.twitter.com/EhMHLwCYVK — MoonPay (@moonpay) April 26, 2022 Options...
Investment company SkyBridge Capital filed application to SEC to launch a fund that will invest in a cryptocurrency mining business. SkyBridge BTC Mining raises $7.04 million The form of limited partnership was chosen for the structure. Its participants will direct funds to co-finance the acquisition of mining equipment for Genesis Digital Assets, according to sources. CoinDesk. In September...
Dogecoin (DOGE) quotes reacted with a sharp increase to the news about the decision of Twitter management to sell the social network to Elon Musk. Over the past day, the meme-cryptocurrency has grown by 24.2%, according to CoinGecko. On the evening of April 25, the price of DOGE reached $0.17 at the moment. Currently, the rate...
Spanish citizen Alejandro Cao de Benos and British citizen Christopher Emms have become defendants in a case involving former Ethereum Foundation researcher Virgil Griffith. About it says in a press release from the US Department of Justice. The foreigners allegedly colluded with the developer to provide the North Korean authorities with information about the possibilities of...
Fidelity Investments plans to provide customers with the ability to accumulate bitcoins in 401(k) retirement savings accounts with the consent of their employers. Writes about it The Wall Street Journal. This summer, the option will become available to employees of the 23,000 companies that use Fidelity to manage their $2.7 trillion in retirement plans. The management fee...
How will Metaverse change the future? Patrick Cozzi, CEO of Metaverse, explains that the core premise of the company is to make information open and interoperable. Users should be able to own their data and move it around freely. The company spun out of Exton-based Analytical Graphics in 2019, has 40 employees, and has clients in...
