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Congo Based Startup Jambo Raises $7.5 Million in Seed Funding Round


A Congo-based Web3 app developer, Jambo, recently said it raised $7.5 million in a seed funding round. According to a report, the startup’s successful seed round is the latest by an Africa-based firm that is working towards developing Web3. Startup’s Partnership With Social Media...

Canadian Regulator Reports Coinbase, Kraken CEOs' Crypto Custody Tweets


  The crypto fallout from Canada’s so-called “truckers’ protest” is continuing to make its presence felt – with a financial regulator reporting the heads of the American crypto exchange giants Kraken and Coinbase to the Royal Canadian Mounted Police, the Canadian national police force, over their...

Brian Armstrong Reveals Behind the Scenes of Coinbase’s Super Bowl Ad


This year's Super Bowl, the annual playoff championship game of the US National Football League, had multiple ads coming from the major crypto players, and one unusual advertisement by the major crypto exchange Coinbase seems to be an unlikely Super Bowl winner. The ad, which was not as cinematic...

Recipients in Mexico Will Be Able to Cash Out Crypto, Says Coinbase


Coinbase’s new pilot program will enable users in Mexico to cash out their crypto in the local currency. They will be able to do so at 37,000 retail and convenience stores spread across Mexico. Coinbase announced the launch of the service in its blog post on Tuesday. It aims to shake up the global...

Coinbase Plans to Increase its Workforce by Around 70% This Year


  Major US-based crypto exchange Coinbase said it plans to hire up to 2,000 employees this year, increasing its total workforce by around 70%.   The firm aims to grow its Product, Engineering, and Design teams, according to L.J Brock, Chief People Officer of the company. Coinbase says it had over...

BTC Liquidity Tightens as Bitcoin Held by Exchanges Hits 6-Month Low


While the price of bitcoin is 38% lower than its $69K price high three months ago, the amount of bitcoin on exchanges is at its lowest figure since April 2021. At the end of July last year, there was 2.59 million bitcoin held by crypto trading platforms, and today there’s only 2.36 million...

Super Bowl Crypto Ads, Which One Was the Most Interesting?


  The 2022 Super Bowl was inundated with crypto ads as four crypto trading platforms and one decentralized autonomous organization (DAO) aired ads promoting the nascent industry. Reactions varied widely, but the majority in the crypto community seemed to be impressed with the ads by major crypto...

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