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Paradigm Launches $2.5 Billion Venture Fund to Invest in Next Generation of Crypto Companies and Protocols

Source Node: https://news.bitcoin.com/paradigm-launches-2-5-billion-venture-fund-invest-next-generation-crypto-companies-protocols/
Time Stamp: November 15, 2021 7:30 PM - Modified On: November 15, 2021 - Published By:
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Investment firm Paradigm has launched a $2.5 billion venture fund to invest in the next generation of crypto companies and protocols. The firm believes that the “new fund and its size are reflective of crypto being the most exciting frontier in technology.” $2.5 Billion Fund for Crypto Industry Investment firm Paradigm announced Monday the launch of a $2.5 billion venture fund to invest in the next generation of crypto companies and protocols. Matt Huang and Fred Ehrsam, who co-founded Paradigm in 2018, explained: Our conviction in these beliefs has only

Another Leading DEX Is Choosing the Order Book Mechanism

Source Node: https://beincrypto.com/another-leading-dex-is-choosing-the-order-book-mechanism/
Time Stamp: November 5, 2021 3:57 AM - Modified On: November 5, 2021 - Published By:
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As the DeFi segment with the clearest application scenarios and the strongest demand, decentralized exchange (DEX) has always been attracting the most attention.Sponsored Sponsored It also embodies the greatest competitiveness as well as the strongest capital effect. Since its low and stable performance in the middle of last year, DEX’s total trading volume has grown rapidly, and the monthly figure peaked at $162.8 billion in May. Sponsored Sponsored Although it is still lagging behind the centralized exchange (CEX), its market size of hundreds of billions of dollars obviously can not

Education Ecosystem Is Set to Become the Biggest Crypto Channel for Developers on YouTube

Source Node: https://news.bitcoin.com/education-ecosystem-is-set-to-become-the-biggest-crypto-channel-for-developers-on-youtube/
Time Stamp: November 2, 2021 9:00 AM - Modified On: November 2, 2021 - Published By:
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press release PRESS RELEASE. Education Ecosystem (LEDU), a leader in online project-based learning, is excited to announce that it is presently creating over 1000 video projects for CMC Top 100 blockchains to teach developers how to build new applications related to financial apps, decentralized markets, games, crypto wallets, and more. With more crypto exchanges releasing their APIs and SDKs, Education Ecosystem seeks to plug a gap where crypto developers do not have tutorials and resources to learn how to build crypto products. Education Ecosystem believes that creating these projects, which

Gaming Giant Ubisoft Mentions Blockchain in Recent Earnings Report

Source Node: https://news.bitcoin.com/gaming-giant-ubisoft-mentions-blockchain-in-recent-earnings-report/
Time Stamp: November 2, 2021 8:30 AM - Modified On: November 2, 2021 - Published By:
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Ubisoft, one of the biggest gaming companies in the entertainment world, mentioned blockchain as one of the key points of focus for the future of the brand. The company said it is exploring blockchain as an innovative technology to be included in games in its latest earnings report. While blockchain’s play-to-earn trend has experienced a boom this year, the traditional gaming industry still has yet to embrace blockchain as part of a flagship product. Ubisoft to Explore Blockchain for Future Products Ubisoft, the gaming giant known for mega-successful franchises like

Paraguay Eyed as New Bitcoin Mining Destination

Source Node: https://news.bitcoin.com/paraguay-eyed-as-bitcoin-mining-destination/
Time Stamp: November 2, 2021 5:30 AM - Modified On: November 2, 2021 - Published By:
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Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a bitcoin mining facility in the country, explaining they were determining the best location for the upcoming farm. In June, local media declared that there were eight Chinese economic groups interested in coming to the country. Paraguay Considered for Its Bitcoin Mining Potential Paraguay, an often overlooked country of South America, has recently been in the sights of mining institutions interested

DCG Reaches $10 Billion Valuation in Secondary Sale Led by Softbank and Capitalg

Source Node: https://news.bitcoin.com/dcg-reaches-10-billion-valuation-in-secondary-sale-led-by-softbank-and-capitalg/
Time Stamp: November 2, 2021 2:30 AM - Modified On: November 2, 2021 - Published By:
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Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new ones. The funding round was led by Softbank and also included participation from Capitalg, Google’s investment firm. $700 million worth of shares changed hands via the sale. Digital Currency Group Sells $700 Million in Secondary Sale Round Digital Currency Group (DCG), a crypto-focused company, announced a secondary sale where existing investors sold part of their shares to newcomers to the

‘Bitcoin Is Worth Zero’ — Kenyan Communication Strategist Warns African Investors to Be Wary

Source Node: https://news.bitcoin.com/bitcoin-is-worth-zero-kenyan-communication-strategist-warns-african-investors-to-be-wary/
Time Stamp: November 2, 2021 12:30 AM - Modified On: November 2, 2021 - Published By:
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A Kenyan communications strategist, Mwotia Ciugu, has told African investors to be wary of investing in bitcoin which he claims is worth zero. Bitcoin Structurally Incapable of Delivering on Its Promise In an op-ed published by The Elephant, Ciugu insists bitcoin (BTC) is structurally incapable of delivering on its promise of becoming an alternative store of value or a hedge against inflation. In addition, the strategist also claims bitcoin fails both as a currency and an investment. Although he concedes that Africa has one of the highest cryptocurrency adoption rates,

ADALend’s Revolutionary GM for an Evolutionary Cardano Based DeFi

Source Node: https://news.bitcoin.com/adalends-revolutionary-gm-for-an-evolutionary-cardano-based-defi/
Time Stamp: October 6, 2021 1:00 AM - Modified On: October 6, 2021 - Published By:
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sponsored DeFi continues to show the world that the future of finance will forever change from its old and traditional form, developed by solving problems individuals and institutions face with mainstream banks. ADALend continues the string of innovations in DeFi under the guidance of its GM. Javed Khattak, A qualified actuary (FIA), an award winning C-suite executive, and a successful serial entrepreneur who was awarded CFO of the year in 2018 by Wealth & Finance magazine, listed in the the top 20 individuals behind ICOs in 2017, a track record

American Collectibles Giant Topps Launches Series 2 MLB NFT Collection

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Time Stamp: October 6, 2021 12:00 AM - Modified On: October 6, 2021 - Published By:
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The American company that produces Bazooka chewing gum, candy, and collectibles, Topps Company, Inc., announced the launch of the second series 2021 Topps Baseball NFT collection. The latest non-fungible token products from Topps follow the company’s MLB Inception NFT collection release. The collectibles company Topps says that it’s the firm’s largest MLB NFT launch ever. Topps Launches Series 2 MLB NFT Collection At the end of August, the collectibles firm Topps launched the first series of its 2021 NFT Major League Baseball (MLB) NFT collection called “Inception.” A month later

How Binance Helps Legal Authorities Take Down Cybercriminals Laundering Illicit Funds

Source Node: https://news.bitcoin.com/how-binance-helps-legal-authorities-take-down-cybercriminals-laundering-illicit-funds/
Time Stamp: September 30, 2021 9:00 AM - Modified On: September 30, 2021 - Published By:
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sponsored According to the latest UN statistics, global money laundering transactions reach up to $2 trillion a year. A small fraction of that huge amount passes through the digital assets ecosystem, and responsible actors in it are working to bring that down even more. As the world’s leading cryptocurrency exchange, Binance has especially taken it upon itself to protect the safety and security of the virtual finance world. Here is how it helps legal authorities to take down cybercriminals laundering money. Busting the $500 Million FANCYCAT Ring In June 2021,