The Uniswap Labs community has already begun mulling over a new proposal that would form a Uniswap Foundation based in the United States (U.S.), but first, it’s going to cost $74 million. The proposal has garnered mixed feedback from the community so far, with many praising the foundation’s plans to support and expand the Uniswap ecosystem, while others have balked…
Month: August 2022
Crypto fundraising already outpacing all of 2021: Report
Despite the ongoing market slump, the crypto sector has already raised $30.3 billion in funds, outpacing an entire year of fundraising in 2021, a new report shows. In a report on Aug. 2 by crypto analytics firm Messari and Dove Metrics, the data shows that the $30.3 billion raised in centralized finance (CeFi), decentralized finance (DeFi), nonfungible tokens (NFTs), and…
A European Debt Crisis Is Bullish For Bitcoin – Bitcoin Magazine
This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Brandon Green to talk about how the European debt crisis is bullish for bitcoin. Watch This Episode On YouTube Or Rumble Listen To The Episode Here: Brandon Green: Yeah, there are other things. There are other questions that…
US Senators Introduce Bill to Give CFTC Exclusive Jurisdiction Over Digital Commodities Spot Market – Regulation Bitcoin News
U.S. senators have introduced the “Digital Commodities Consumer Protection Act of 2022” to empower the Commodity Futures Trading Commission (CFTC) “with exclusive jurisdiction over the digital commodities spot market.” Digital Commodities Consumer Protection Act U.S. Senators Debbie Stabenow (D-MI), John Boozman (R-AR), Cory Booker (D-NJ), and John Thune (R-SD) introduced Wednesday the “Digital Commodities Consumer Protection Act of 2022.” The…
Thai SEC approves four crypto firms despite Zipmex woes
Thailand’s financial regulator, the Securities and Exchange Commission (SEC), has approved four more crypto companies in the Kingdom. On Aug. 4, it was reported in local media that the SEC had granted operating licenses to four more digital asset operators. These include Krungthai XSpring, a crypto broker affiliated with one of the country’s leading banks, and crypto exchange T-BOX Thailand.…
Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down
Former Twitter CEO Jack Dorsey’s digital payments firm Block Inc. saw its year-on-year (YoY) profits soar 29% to $1.47 billion in Q2, though its Bitcoin business slumped on decreased customer demand and a fall in Bitcoin (BTC) prices. The financial services firm primarily generates Bitcoin revenue by providing BTC trading services via its digital payments application Cash App. Block Inc.…
Calling Out The Globalists Bluffs – Bitcoin Magazine
(Source)Watch This Episode On YouTube Listen To This Episode Here: “Fed Watch” is a macro podcast, true to bitcoin’s rebellious nature. Each episode, we question mainstream and Bitcoin narratives by examining current events in macro from across the globe, with an emphasis on central banks and currencies. In this episode of “Fed Watch,” Christian Keroles and I go through several…
Voyager received better buy-out offers than FTX’s, set to return $270M to customers
Beleaguered crypto lender Voyager Digital Holdings says it has received a number of “higher and better” buy-out offers than that offered by AlamedaFTX back in July, contrary to the investment firm’s continued public statements. The company has also just been cleared to return $270 million of customer funds held at the Metropolitan Commercial Bank (MCB) by the judge presiding over its…
Skybridge Estimates Bitcoin’s Fair Market Value at $40K and Ethereum’s at $2,800 – Markets and Prices Bitcoin News
Skybridge Capital’s founder says bitcoin’s fair market value is about $40,000 based on adoption, wallet size, use cases, and growth of wallets. The asset management firm also estimated ethereum’s fair market value at around $2,800. Skybridge Capital on the Fair Values of Bitcoin and Ethereum Anthony Scaramucci, founder and managing partner at global asset management firm Skybridge Capital, shared his…
Halliday Raises $6 Million for ‘Buy Now, Pay Later’ Ethereum NFTs
As more game studios look to incorporate digital assets and collectibles into their properties, Web3 startup Halliday has raised $6 million in a new seed round led by Andreesen Horowitz (a16z) to change how gamers buy and use digital assets in virtual worlds. “We started working back in November,” Halliday co-founder Griffin Dunaif told Decrypt in an interview. “So we…