Crypto payments company Circle has announced the launch of Circle Ventures, a venture capital fund with the primary goal of supporting early-stage crypto projects. Jeremy Fox-Geen, the firms chief financial officer, said that “Circle Ventures is another way to contribute, and we’re excited to support our industry’s innovators and entrepreneurs and identify compelling early-stage companies, technologies, projects, and protocols to…
Month: November 2021
To work for everyone, the Metaverse must be decentralized
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century. Whats in a name? A whole metaverse is what one could be led to believe when looking at the buzz around Facebooks recent transformation…
Congolese Refugees Use Bitcoin To Build Grassroots Economy
After the eruption of Mount Nyiragongo volcano on 22 May 2021, a restaurant worker and a blogger teamed up in the city of Goma, Democratic Republic of Congo and taught displaced families how to use Bitcoin, TechCrunch reported. Blogger Gloire Wanzavalere went to a refugee camp that popped up in Goma, offering to give Bitcoin to displaced families. Gloire told…
Kraken CEO: ‘I Don’t Think Anyone’s Going To Have a Monopoly’ on the Metaverse
Amid all the talk in crypto about “the metaverse,” the CEO of crypto exchange Kraken foresees a multiplicity of metaverses. “I don’t think there’ll be any single metaverse,” Jesse Powell said on Tuesday at the Decrypt and Yahoo Finance Crypto Goes Mainstream event, adding that games and platforms such as World of Warcraft, the NFT-powered Axie Infinity, and Facebook itself…
Iran Continues Crackdown on Illegal Crypto Mining, Seizes Hundreds of Mining Rigs – Mining Bitcoin News
Authorities in Iran persist with their efforts to curb unauthorized cryptocurrency mining. The state-run power distribution company has recently identified over a dozen underground crypto farms in Tehran and other regions, unplugging hundreds of mining units illegally connected to the grid. Power Utility Busts 14 Crypto Farms in Homes Across Iran The Iranian government continues to crack down on unlicensed…
Suddenly, Bitcoin hits new all-time high after $2K gains in minutes
Bitcoin (BTC) surprised everyone on Nov. 10 as BTC price action abruptly hit new all-time highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin, Ethereum “relentlessly up” Data from Cointelegraph Markets Pro and TradingViewcaptured a snap change of direction for BTC/USD, which gained $2,000 in just 45 minutes. In step with various similar moves in recent weeks, Bitcoin not only…
Bitcoin to hit $250K in January 2022 but ‘invalidate’ S2FX BTC price model New prediction
Bitcoin (BTC) will invalidate one of its best-known price models this cycle as $1 million becomes a focus for 2025, says well-known analyst Matthew Hyland. In a series of tweets on Nov. 9, Hyland, who has created a loyal following for his Bitcoin commentary over the years, predicted that only one of the two stock-to-flow models would survive beyond 2022.…
A Pioneer Collection Drop – Sponsored Bitcoin News
sponsored Non-fungible tokens (NFTs) are a unique data unit contained within a digital ledger and cannot be interchanged. They are used as a representation of items that can be reproduced easily like artwork, images, videos, and audio files, among other digital files. NFTs are unique in their own way, using the blockchain technology in building a verified and accessible certificate…
La Haus Real Estate Company in Latin America Accepts Bitcoin
Latin American real estate company La Haus will accept bitcoin as payment for homes. OpenNode will allow La Haus to accept BTC on-chain and on the Lightning Network. “La Haus is once again pioneering the use of technology to transform Latam housing markets,” the company said in a statement. La Haus, a startup that wants to bring U.S. tech-enabled real…
University of Cambridge to launch decentralized carbon credit marketplace on the Tezos blockchain
In an announcement Friday morning, the University of Cambridge announced it would be building a novel decentralized carbon credit marketplace to support global reforestation efforts. Its ultimate goal would be to increase the adoption of nature-based conservation solutions, or NbS, such as reforestation, through financial instruments. The institution envisions that purchasers of carbon credits will be able to securely and…