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All about the ‘Proof-of-Work Summit’, taking place in Prague on September 25-27, 2023!
22.8.2023
The ETC Cooperative and Litecoin Foundation have joined forces to bring the first ‘Proof-of-Work Summit’ to life in Prague, Czech Republic, from September 25 to 27, 2023. It seemed fitting that the first Proof-of-Work (POW) Summit be hosted in Prague – the birthplace of...
Coinbase Acquires Equity Stake in Circle; Companies Reshape USDC’s Future
22.8.2023
In a joint statement, Jeremy Allaire, CEO of Circle, and Brian Armstrong, CEO of Coinbase, announced the dissolution of the Centre Consortium. Consequently, Circle will take exclusive charge of the issuance and governance of USDC. Additionally, Coinbase has acquired an equity stake in Circle while...
Coinbase takes equity stake in Circle as USDC Centre Consortium shuts down
21.8.2023
Circle will take on full operational and governance responsibility after five years, thanks to increased regulatory clarity
Top UK university partners with AI startup to analyze crypto market
21.8.2023
Imperial College London announced a collaboration with AI startup FluidAI to tackle major issues in the crypto market such as liquidity aggregation
Cryptocurrency Startup Sues Crypto.com Exchange After Falling Victim to Scam
21.8.2023
Cryptocurrency startup Glow Token LLC filed a lawsuit in a US court against the Crypto.com exchange over a recent fraud, alleging negligence and breach of contract.
The lawsuit was filed on August 10, assigned to Judge Jose Martinez of the Florida Southern District Court, and last updated...
Dubai to Subsidize Commercial Licenses for Web3 and AI Companies
19.8.2023
Dubai will offer subsidized licenses for Web3 and artificial intelligence (AI) companies that want to enter the country. The Dubai International Financial Centre (DIFC) and its campus will subsidize 90% of the costs of these licenses to attract companies in this sector as part of its push to become...
Kenyan Residents Asked to Participate in a ‘Public Survey on Virtual Assets’
18.8.2023
Kenya residents who wish to shape their country’s policy towards the crypto ecosystem can now do so by participating in a public survey on virtual assets and virtual assets service providers, the Financial Reporting Centre (FRC) has said. The FRC says the public’s feedback “will...
IBM Watson team leader raises $60M for AI startup Elemental Cognition
18.8.2023
The company provides two enterprise solutions, Cogent and Cora, both chatbots tailored for diverse applications
Blockchain Startup Nova Labs Introduces Affordable $5 Phone Plan – Crypto Adoption on the Rise?
16.8.2023
Blockchain startup Nova Labs has announced the launch of a new phone plan that offers users unlimited text, talk, and data at just $5 per month.
In a Tuesday press release, Nova Labs said that the plan will initially be available only to residents of Miami or those who have received an invitation...
Auradine: How a Crypto Startup Secured $81 Million with a Visionary Pitch
15.8.2023
Crypto startup Auradine has managed to secure a staggering $81 million in its debut funding round, even without a product or customers to its name, a recent article from Fortune Crypto has revealed.
This substantial amount, garnered solely from a pitch deck, raises eyebrows, particularly amidst...
AI Crypto Signals Made Easy for Newcomers with New Crypto Startup yPredict – $3.4 Million Raised So Far
11.8.2023
Financial markets have always been unpredictable. Investors have traditionally sought assistance from experts, charts, and algorithms to make informed decisions. But the rise of technology, particularly artificial intelligence, has brought about tools that are changing the face of trading.
With...
Xverse Secures $5 Million in Seed Funding Round for Bitcoin Web3 Wallet, Led by Jump Crypto
11.8.2023
Yesterday, Hong Kong-based startup Xverse, the provider of a Bitcoin Web3 wallet that supports Ordinals and BRC-20 inscriptions, successfully raised $5 million in a seed funding round led by Jump Crypto.
The company, known for driving mainstream adoption through its user-friendly interface...
Web3 Security Startup Cube3.ai Emerges From Stealth With $8.2M Seed Funding
9.8.2023
The fundraising was led by Blockchange Ventures, with participation from Dispersion Capital, Symbolic Capital, Hypersphere Ventures, ICLUB and TA Ventures
Brevan Howard Backs Crypto Infrastructure Startup Puffer in $5.5M Round
8.8.2023
The seed round for the liquid staking startup was co-led by Lemniscap and Lightspeed Faction
Japanese startup to use stablecoins and CBDC to link Asian countries
8.8.2023
Soramitsu is developing a cross-border payment system that uses Cambodia’s CBDCs and targets Japan, India, China and Southeast Asia
Web3 startups queue up: Consensys Startup Program partners with Cointelegraph Accelerator
2.8.2023
Cointelegraph Accelerator participants will get a headstart with Consensys’ Web3 solutions, including MetaMask, Infura and Linea zkEVM
Trading Alpha for Newcomers Platform Launchpad XYZ Raises $1.2 Million in Funding – How Does it Work
2.8.2023
Exploring the world of crypto can be an intimidating journey for beginners. Understanding blockchains, wallets, cryptocurrencies, and tokens can make your head spin. Similarly, becoming comfortable with concepts such as decentralized finance protocols, the metaverse, and play-to-earn games can...
FTX Unveils Reorganization Strategy, Proposing ‘Offshore Crypto Exchange’ and New Trust
1.8.2023
In the midst of the bankruptcy proceedings, FTX presented its primary reorganization strategy and term sheet to the U.S. bankruptcy court, detailing an ambitious plan to reinvent FTX as an “offshore crypto exchange” while also founding a new limited liability trust. At this time, the proposed...
Explore El Salvador: Gofaizen & Sherle Launches New Crypto License Service
1.8.2023
PRESS RELEASE. Tallinn, July 31 – Gofaizen and Sherle, the leading Estonian crypto and fintech consultancy, proudly announces the launch of its latest product in El Salvador. The innovative service offers crypto companies and startup owners worldwide a comprehensive and streamlined solution...
Decentralized Freelancing Platform DeeLance Raises $1.7 Million in Funding – 24 Hour Countdown Begins
31.7.2023
Today, DeeLance, a decentralized freelance platform designed to rival established names like Fiverr and Upwork, will reach the end of its highly successful presale, which has so far raised $1.7 million.
Following the presale, which ends at 23:00 UTC, the platform's native currency $DLANCE will...