New bipartisan bill seeks to make CFTC official cryptocurrency regulator

New bipartisan bill seeks to make CFTC official cryptocurrency regulator

Some US bipartisan lawmakers have submitted a bill that seeks to foster innovation in the cryptocurrency space and build a framework to reduce regulatory uncertainty while protecting consumers. The bill, entitled the Digital Commodity Exchange Act of 2022, was jointly submitted by Republican Representatives. Glenn Thompson of Pennsylvania and Tom Emmer of Minnesota, along with

TRON Defines the Spend for its ,111,111,111 Ecosystem Fund

TRON Defines the Spend for its $1,111,111,111 Ecosystem Fund

Geneva, Switzerland, 29th April, 2022,  TRON has announced the allocation for the $1,111,111,111 ecosystem fund they revealed in November 2021. The fund was established to foster the growth and development of the TRON ecosystem over 10 years. TRON has been a long-time proponent of the decentralization of the Internet via blockchain technology. Since completing full

Animoca Brands establishes joint venture with OneFootBall following 0M round

Animoca Brands establishes joint venture with OneFootBall following $300M round

Hong Kong-based Web 3 giant Animoca Brands has now formed a strategic joint venture with OneFootball, Football news and media platform, and Liberty City Ventures, the companies announced Thursday. The news came along with OneFootball’s $300 million funding round led by Liberty City Ventures, with Animoca Brands, Dapper Labs, DAH Beteiligungs GmbH, Quiet Capital, RIT

Polkadex Closes In on a Polkadot Parachain Slot

Polkadex Closes In on a Polkadot Parachain Slot

Tortola, British Virgin Islands, 29th April, 2022, –As the Polkadot parachain auctions enter auction number 16, Polkadex is closer than ever before securing a parachain spot once and for all. Auction #16 strating today (April 29) and will last for one week (May 6), will pit the Polkadex Crowdloan against late newcomer, Bifrost Finance. Within

Belgium-based Venly raises M in latest funding round

Belgium-based Venly raises $23M in latest funding round

Venly, Belgium-based crypto and NFT-based service provider, announced Thursday that it has raised $23 million in a Series A funding round led by Courtside Ventures. Additionally, Transcend Fund, Coinbase Ventures, Tioga Capital, High-Tech Gründerfonds, Fortino, Plug and Play, Leadblock Partners, Imec Istart, and Alpaca VC also participated in the round. Founded in 2018, Venly is

NYC Mayor wants New York authorities to scrap BitLicense system

NYC Mayor wants New York authorities to scrap BitLicense system

Eric Adams, mayor of New York City and a known crypto proponent, revealed his stance on the state’s BitLicense system during the FT Crypto and Digital Assets Summit held by the Financial Times on April 26-27. Several major establishments, as well as politicians, took the stage at the summit hosted in London, England. However, Eric

YGG SEA Partners with Solana Ventures to Supercharge Game Development in SE Asia

YGG SEA Partners with Solana Ventures to Supercharge Game Development in SE Asia

Taipei, Taiwan, 28th April, 2022, Chainwire YGG SEA has formed a new partnership with Solana Ventures, the investment arm of Solana Labs, that will bolster the Yield Guild Games subDAO’s operations in Southeast Asia. This exclusive strategic agreement will lead to the provision of resources to the region’s game developers and broader gaming community. The

Coinbase-backed Portal Announces Partnership With Mintlayer in a Major Push for Bitcoin-based DeFi

Coinbase-backed Portal Announces Partnership With Mintlayer in a Major Push for Bitcoin-based DeFi

San Francisco, United States, 28th April, 2022, Chainwire Portal, a self-hosted wallet and true cross-chain Layer-2 DEX built on Bitcoin, officially announces its collaboration with Mintlayer, a Bitcoin sidechain protocol that aims to bring decentralized financial markets to the masses. The partnership will bring Portal’s uncensorable cross-chain DEX functionality to Mintlayer, giving new impetus to

The Philippines’ central bank to pilot wholesale CBDC project

The Philippines’ central bank to pilot wholesale CBDC project

Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, announced Wednesday that it will launch a wholesale central bank digital currency (CBDC) pilot program to advance the country’s payment system. Called Project CBDCPh, the program will include trials conducted by a limited number of financial institutions transacting large sums of payment 24 hours

0x Labs secures M Series B led by Greylock

0x Labs secures $70M Series B led by Greylock

0x Labs, a decentralized exchange infrastructure provider, has secured a substantial $70 million funding in a Series B funding round led by Greylock Partners, Forbes reported Tuesday, as the source of the news. Per the report, participants in the round included NFT marketplace OpenSea, Pantera Capital, Jump Crypto, and Jared Leto. The present valuation of

Fidelity Investments to add Bitcoin to its 402(K) pension plan

Fidelity Investments to add Bitcoin to its 402(K) pension plan

Fidelity Investments, one of the world’s renowned asset managers, has decided to allow its clients to include a certain amount of Bitcoin into their 401(k) plans. In an announcement made Tuesday, Fidelity said its clients can invest a portion of their retirement savings in bitcoin as early as the middle of this year. 401(k) plan

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