KKR leads $350M raise for crypto custody bank Anchorage Digital
The raise marks the first time investment giant KKR directly invested in a cryptocurrency firm.
The raise marks the first time investment giant KKR directly invested in a cryptocurrency firm.
Hey everyone, as the title says, I work for a wealth management firm that specializes in private wealth but we also do the backend office work for the majority of the banks in my country as well as facilitate transfers from our countries version of the IRS to retirement funds and banks. Recently we had…
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A mysterious glitch caused popular coins to show astronomical gains on CoinMarketCap, Coinbase, among others.
Dvision Network is a blockchain-based metaverse, which powers the robust and diversified NFT marketplace within its augmented reality. Dvision is based on three primary platform features, which are known as NFT Market, Meta-Space, and Meta-City. The users can utilize LANDs (Meta-Space) in the metaverse in order to build their preferred content that will be integrated […]
Binance has partnered with state-owned PT Telkom Indonesia to establish a digital asset exchange in the country.
Or something like Public key Name System (PNS) for that matter? Not that I needed it yet but I really don't want to memorize 40 character long key. I mean yeah QR codes are nice but still… submitted by /u/kutlay_kizil [link] [comments]
Let me preface this by saying crypto was my first kind of investment. It was a few years back when I had the "everything will 30x" mentality. Reality slapped me across the face, 2018 bear run happened, my investment did not 30x, and I lost more than I care to admit. There's (obviously) brokers that…
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This is part in jest and part in seriousness. The current variety of names of new coins/tokens is more reminiscent of stuff you find in a candy store than something to be taken seriously. Bitcoin is a great name imho. It conveys “digital” and “currency” and it has a nice ring to it phonetically. Another…
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Bitmex co-founder and cryptocurrency investor Arthur Hayes has addressed the current state of the market with the effect the U.S. Federal Reserve’s upcoming tapering process may have. Hayes also links this with the Evergrande situation in China and advises cryptocurrency newcomers to hold on until new signals emerge next year. Arthur Hayes Analyzes the Current […]
Blockchain-oriented international education platform LABEL Foundation has announced it is bridging over to the Binance Smart Chain. In order to expand interoperability, the platform which is built on the Ethereum Mainnet is enabling new use cases through this bridge. Using the MultiBaas Middleware built by Curvegrid, LABEL Foundation will create a bridge that links the Ethereum Mainnet and the Binance Smart Chain that will allow LBL tokens to move freely between both blockchains. The integration will allow for advanced smart contract capabilities as well as massive computation for the LABEL Foundation to bring more sustainable, scalable, and secure performance for its users. LABEL has also announced that it is conducting two consecutive IDOs on RedKite and NFTb on 17th December, which allows the early-stage users to purchase LBL tokens during the public sale. Benefits Of The Bridge One pain point for users who transact on the Ethereum blockchain has been the high fees associated with its activities. The blockchain has grown to become the home of DeFi and as such has seen increased network activity. Users are increasingly finding themselves putting off small transactions and moving assets like NFTs on the blockchain due to these fees. These high transaction fees have pushed DApps on the network to seek out cheaper alternatives for their clients and the Binance Smart Chain has presented itself as the obvious choice for this migration. With the BSC bridge, the LABEL Foundation foundation would be able to significantly lower fees for its investors and increase throughput efficiency. The Binance Smart Chain is known throughout the crypto space for its fast, decentralized transactions, as well as high TPS (transactions per second), which LABEL Foundation will leverage. The blockchain gives projects with a long-term vision like LABEL Foundation the ability to anticipate and solve issues that LBL token holders may encounter by making the DApp multichain. LABEL Foundation Builds For The Future The multichain bridge enabled by the MultiBaas Middleware will allow LBL tokens to move seamlessly from BEP-20 to ERC-20 and vice versa. It aids in LABEL Foundation’s expansion which has already crossed the blockchain and education industry. Through a recent collaboration with the leading music education platform OPENTRACK, operated by Clession, LABEL Foundation brings world-class instructors into its ecosystem to provide best-in-class content for its platform. LABEL Foundation is bringing artists such as Scoop DeVille, Mark Lettieri, Docskim, and many Grammy-nominated artists to incubate and NFTize IP rights on the platform. Through its NFT Market, IP rights can be embedded in NFTs to make them readily transactable. This will be done through a Global Value Chain initiated by a virtuous loop provided by LABEL Foundation. The migration and bridging to the Binance Smart Chain will also enable LABEL Foundation to leverage the blockchain’s many features in order to bring the very best experience to users through their App. Last but not least, bridging to the BSC will enable LABEL Foundation to find and onboard world-class entertainment talents through its incubation system. Profit-sharing will be fair through an enabling environment created through effective system integration. LABEL Foundation also announced that Solanium will be joining the project as a strategic adviser to help expand its ecosystem.