Compound Finance Closes $25 Million Series A Led By a16z

DeFi lending platform Compound raised $25 million in Series A funding on November 15, 2019, led by Andreessen Horowitz – one of the largest ever DeFi startup raises at the time. Andreessen Horowitz, also known as a16z, highlighted that they had been working with the Compound team for two years and had a strong belief […] The post Compound Finance Closes $25 Million Series A Led By a16z appeared first on DeFi Rate.

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Russia pilots new system for tracing crypto-to-fiat links

Russia’s central bank and Rosfinmonitoring pilot a new system to trace connections between crypto transactions and fiat operations. The Bank of Russia alongside Rosfinmonitoring, the country’s main body for financial intelligence, is working on a platform to detect connections between…

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Solana congestion issue caused by ‘too much demand’ – devs working on fix without ‘sleeping much’

Solana (SOL) core developers are working around the clock on a fix for the recent congestion issues on the network following an unprecedented surge in demand. Solana Labs head of communication Austin Federa said developers from across the ecosystem are involved in concerted efforts to improve the platform’s networking stack and resolve the issues that […] The post Solana congestion issue caused by ‘too much demand’ – devs working on fix without ‘sleeping much’ appeared first on CryptoSlate.

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Chinese Metaverse Takes Shape with New Standardization Working Group

The concept of a metaverse, a virtual shared space where users can interact in various ways, has been gaining traction globally. In response to this trend, the Chinese government has taken proactive steps towards establishing standards for a Chinese metaverse platform.

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Unlocking Medical Research: Data Lake launches Consentify – the first DeSci patient recruitment platform

The time has finally come for us to announce what Data Lake has been working on for the past months: brace yourself as the company introduces Consentify, the first blockchain-based patient recruitment & consent management platform that will democratize medical research! Background and context Unlocking the potential of medical data is crucial, yet the current … Continued The post Unlocking Medical Research: Data Lake launches Consentify – the first DeSci patient recruitment platform appeared first on BeInCrypto.

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Can InQubeta register millionaire gains and mimic the success of Dogecoin and Polkadot?

If there’s one cryptocurrency that analysts can’t stop talking about, it’s the newly launched InQubeta (QUBE). The platform has impressed everybody with its innovative model which helps startups working on artificial intelligence-based projects to find backers.

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Bitmain fired employees after salary data leak

Bitmain, the largest manufacturer of Bitcoin (BTC) mining ASICs, has decided to fire the employees who broke the rules by posting company salary information online. On Oct. 8, according to information from the working social platform Maimai Community, some employees…

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Polkadot Reportedly Lays Off 300 Employees: What’s The Way Forward?

Parity Technologies, the developer of Polkadot, a platform at the forefront of blockchain interoperability, has reportedly laid off more than 300 employees. According to an X post shared by “chainyoda,” a core contributor, on October 12, the number retrenched is more than that of developers working on dapps deployed on the blockchain. Parity Technology Game Plan: To […]

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Apple Drafted Plan For Stock Trading App, Bitcoin Included?

A report indicates that big tech giant Apple was working on a stock trading app for its devices along with banking institution Goldman Sachs. Across social media platforms, rumors began surfacing about a possible listing of Bitcoin (BTC) and other cryptocurrencies should the platform ever come to light.

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Cardano Announces Warp Transactions, ADA Remains Stuck In Ranging Market

Strica, a company working on solutions and use cases for the Cardano blockchain, unveiled a new feature for the smart contract platform via their wallet, Warp Transactions.   According to an official press release, described as a “game changer for token transfers,” Warp Transactions were created to ease the burden of transaction fees paid when sending assets on this network.

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Former Alameda engineer reveals insider collapse story, SBF’s plans

Aditya Baradwaj, a former employee of Alameda Research, has come forward with allegations regarding his time working for FTX. Baradwaj took to social media platform X (formerly known as Twitter) on Aug.

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YouTube releases ‘principles’ for working with music industry on AI tech

The streaming platform revealed three key principles it will abide by as it works with major figures in the music industry to better grasp AI technologies.

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SHIB and BONE prices fall hard following Shibarium mainnet release – here’s why

Shiba Inu‘s ecosystem encounters negativity after its highly-awaited layer2 Shibarium platform stopped producing blocks again. The network has experienced some issues on its debut, and developers are working to recover stuck cryptocurrency tokens and solve the blockchain’s problems.

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Bank of England taps self-sovereign ID platform Nuggets to develop privacy layer for digital pound

Nuggets, a self-sovereign ID and payments platform, said on July 5 that it is working with the Bank of England on goals related to a “digital pound. ” Specifically, the project is developing a privacy and identity layer that could be used with the UK’s prospective central bank digital currency (CBDC).

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Payments Platform Nuggets Working With Bank of England on Privacy Layer for Digital Pound

The BofE said in February that a digital pound was likely needed, but that it will not make a decision on issuing one until at least 2025.

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IMF’s Foray into CBDC: Global Digital Currency Platform In The Works

Per a Reuters report, the International Monetary Fund (IMF) is working towards the launch of a global central bank digital currency (CBDC) platform that can facilitate cross-border transactions.  Related Reading: Bitcoin Long-Term Holders Refuse To Budge As Movements Remain Low IMF Takes On CBDC Market Speaking at a conference attended by African central banks, IMF […]

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XRP Army Finds Ripple Link To IMF As It Announces CBDC Platform

While the International Monetary Fund (IMF) announced that it is working on a platform for digital central bank currencies (CDBCs) yesterday, the XRP army has discovered an IMF report from March 2023 in which Ripple is considered a potential problem solver.

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Moxy.io Adds Classic Game ‘Shock Rods’ To Its eSports Platform

Moxy. io is working with Stainless Games to integrate Shock Rods, allowing players to earn real rewards while playing. Shock Rods, the popular arena car-battling game, is finally joining Moxy.

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Blockchain-based Moxy.io Adds Classic Game ‘Shock Rods’ To Its eSports Platform

Moxy. io is working with Stainless Games to integrate Shock Rods, allowing players to earn real rewards while playing. Shock Rods, the popular arena car-battling game, is finally joining Moxy.

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Moxy.io working with Stainless Games to bring the Shock Rods game to Moxy platform

The renowned Esports platform Moxy. io has today announced that it is collaborating with Stainless Games to make Shock Rods, a well-liked 6v6 arena shooter game, available on the Moxy platform. When actualized, players will be able to compete against other Esports players while enjoying the fast-paced action of Shock Rods thanks to the collaboration.

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South Korean Crypto Yield Platform Haru Invest Pauses Withdrawals and Deposits

The firm blamed the pause on a “certain issue” with one of its service partners, and said it is working on a contingency plan, according to a blog update.

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Hong Kong issues first crypto license to company working with institutional investors

Hong Kong-based digital asset platform, OSL Asset Management Limited, has secured a license from the local Securities and Futures Commission (SFC) to offer investment products in blockchain, artificial intelligence, and web3 technologies.

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OP Token Shoots as VC Giant Andreessen Horowitz Starts Working on New Client for Optimism

Coinspeaker OP Token Shoots as VC Giant Andreessen Horowitz Starts Working on New Client for Optimism VC giant Andreessen Horowitz noted that more systems will help in offering more robust decentralization for the Optimism platform.

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TMS Network (TMSN) Unfazed by US Crackdown on Crypto, Surpassing Rivals Chainlink (LINK) & Algorand (ALGO) with Casual Ease

Among a litany of U. S Government crackdowns, the world’s largest cryptocurrency exchange, Binance, and its CEO, Changpeng Zhao, are facing a lawsuit from the Commodity Futures Trading Commission (CFTC) for allegedly working to circumvent regulations and allow US customers to trade on its platform without proper registration.

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Binance Unveils New AI NFT Platform

The non-fungible token (NFT) generator turns words into NFTs through artificial intelligence (AI).   Binance Chief Executive Changpeng Zhao is working on a new masterpiece named “Bicasso”. The beta version of Bicasso was launched on Wednesday, March 1st with a limit of 10,000 mints.

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Tel Aviv Stock Exchange Is Working To Add Crypto Trading – Here’s Why

The Tel Aviv Stock Exchange, or TASE, is planning to expand its authorized activities in order to offer customers from the non-banking sector the ability to trade crypto. TASE operates Israel’s only public equity platform.

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Tel Aviv Stock Exchange Plans to Let Customers of Its Nonbank Members Trade Crypto

The operator of Israel's public equity trading platform has also been working on setting up a blockchain-based digital asset trading platform.

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Visa targets stablecoin settlements

Visa is working towards enabling its customers to switch between digital assets and traditional currencies through its platform as part of its cryptocurrency strategy for using stablecoin settlements.

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Ethereum to Host Sberbank DeFi Platform as Russia Shifts Focus to Blockchain

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Algorand focuses on delivering the tech without unnecessary effort hype, says interim CEO

Algorand has produced a scalable platform since it was launched in 2019, the CEO said. Algorand is working hard to deliver the tech without unnecessary effort, hype and speculation. The company wants to forge ahead with institutional partnerships.

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CAKE Not Looking Delectable For Investors Despite PancakeSwap’s Progress

As of late, PancakeSwap has been working with Hashflow to offer HFT payouts on its staking platform. The Tweet implies that this will make it possible for someone to utilize PancakeSwap to “farm” HFT tokens for profit.

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How is the Utility Token, Metacade (MCADE), Different from that of Aave (AAVE) and Enjin (ENJ)?

With such a huge variety of cryptocurrency tokens around, working out which one to choose can be confusing. With a lot of talk about the potential of the MCADE token on the Metacade platform, it’s worth considering how this could revolutionize metaverse gaming.

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BitMEX Suddenly Suspends Trading. Here’s What Happened

BitMEX has suspended trading on its platform, adding that it's working on a fix

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DappRadar Says It’s Recalculating Decentraland User Data

The data tool is working together with the metaverse platform to more accurately track its number of daily “active users” following a CoinDesk report.

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How far can MATIC climb as Polygon works with Shopping.io to integrate it for payments?

Polygon has begun working with Shopping. io as a means of integrating the MATIC cryptocurrency as a form of payment on the platform. Polygon (MATIC/USD) is essentially a platform purpose-built to scale Ethereum (ETH/USD) and provide an infrastructure on top of which developers can create numerous decentralized applications (dApps).

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SerMorpheus to Make NFTs Popular in Indonesia

Despite having huge potential for web3, Indonesia is lagging in terms of Web3 creativity. However, SerMorpheus is working to ensure that NFT adoption becomes mainstream in Indonesia by launching a platform to help businesses create, buy, and sell digital assets. …

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Coinbase Cloud launches platform for web3 developers

Learn about working at Coinbase: https://www.coinbase.com/careers - Medium

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Homespace Metaverse Changes The Metaverse Experience With Superior Overall Experience

Homespace Metaverse, a community-driven social platform, is presenting the first futuristic metaverse that offers users a better reality that is fully democratic with decentralized services. The team behind Homespace is reportedly working on laying the foundations for a virtual platform that allows users to add real value to owning NFT art assets. Homespace’s primary goal […]

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Russian gov't working on stablecoin settlement platform between friendly nations: State media

“Stablecoins can be pegged to some generally recognized instrument, for example, gold, the value of which is clear and appreciable for all parties involved," said Alexey Moiseev.

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Eat, Sleep, Trade, Repeat: What It Is Like To Use PrimeXBT

When you are an active trader, you need a platform that is equally committed as you are. Otherwise, the platform is working against you and only serving to slow down your progress. Any platform must be reliable, lightning fast, able to handle market volatility, and provide an ample amount of professional tools to choose from.

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Hodlnaut Becomes Latest Crypto Lender to Freeze Withdrawals

Hodlnaut has said it is working on a recovery plan without disclosing any additional information concerning the current status of users’ funds. Hodlnaut Suspends Services Singapore-based crypto lending platform Hodlnaut...

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Bware Labs Announces the Blast Incentivized Testnet, Code-named Houston

Working towards their stated goal to build the highest-performing, most reliable, blockchain API platform, Bware Labs, the company behind Blast, is launching the Houston Incentivized Testnet on Aug. 8, 2022....

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Snapchat Looking for Ways to Allow Artists to Display Their NFTs on the App

Snapchat is the latest tech company rumored to be working to incorporate NFTs into the system. According to reports, the social media company is working to introduce new features that will allow digital artists to show off their NFTs on the platform.

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Backed Native Token (BKD) Could Give Bitcoin A Run For Its Money

Backed, a blockchain-based investment platform is allowing investors to speculate on the future of private companies by buying and selling their company coins.  Launched earlier this month, Backed is designed to allow users to invest in the private companies of their choice by buying and selling their native assets called, CompanyCoins. Working similarly to stocks […]

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Byzantion Raises Nearly $1M in Pre-Seed Funding

Byzantion, a platform providing infrastructure for NFT traders and developers working with NFT data, today announced the close of a nearly $1 million capital raise. The...

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A research platform for the entire cryptoeconomy: Coinbase Prices is now Coinbase Explore

Learn about working at Coinbase: https://www.coinbase.com/careers - Medium

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Zignaly’s DAO Expands Web3 Investment Opportunities to Further Empower Investors

Zignaly, a pioneer in social investment and advocate for blockchain composability, is constantly working to further improve its platform. The project regularly adds new and innovative features to empower all investors, regardless of skill level, to have equal access to expert-managed, passive investing tools and capabilities.

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FBI Says LinkedIn Is Being Used for Crypto Scams: Report

FBI is working with LinkedIn to tackle what it called a "significant threat" after fraudsters exploited the job-seeking and networking platform to lure investors into cryptocurrency schemes before robbing them of their investments, according to a CNBC report.

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Blockchain-based move-to-earn app STEPN under DDoS attacks after upgrade

Apart from trying to get rid of cheating and bots, STEPN is also working to limit its platform’s availability for users in mainland China.

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