Bitcoin maximalist José Ribeiro, CEO of crypto exchange Coinext, spoke with Cointelegraph at the Web Summit about Brazil’s cryptocurrency landscape. Source: https://cointelegraph.com/app/public/index.php/news/brazil-crypto-regulatory-driving-competitiveness-ceo-coinext
The International Monetary Fund’s (IMF) managing director laid out a bold vision during a speech in Singapore yesterday: Central bank digital currencies (CBDCs) could replace cash in the global financial system. “Countries are investigating CBDCs and are developing regulations to guide digital money developments,” Kristalina Georgieva said while speaking at the Singapore Fintech Festival yesterday. While the adoption of CBDCs…
Tether is planning a large-scale expansion into Bitcoin (BTC) mining, according to Paolo Ardoino, who is expected to take the helm at the company soon. The stablecoin firm may spend around $500 million in the next six months on the construction of mining facilities and investments in other miners, Ardoino told Bloomberg in an interview. The company will build mining…
Heatbit Founder Alex Busarov on the Bitcoin Miner That Heats Your Home Decrypt joined Heatbit founder Alex Busarov at Web Summit for a walkthrough of the firm’s flagship product, a Bitcoin miner that acts as a domestic space heater—aimed at the casual user. Source: https://decrypt.co/videos/interviews/DJuHqcGT/heatbit-founder-alex-busarov-on-the-bitcoin-miner-that-heats-your-home
Cryptocurrency may be “out of fashion”, but it still draws new users to Web3 every day, in particular in emerging markets such as Brazil, according to Bitcoin maximalist José Ribeiro, CEO of crypto exchange Coinext. During the Web Summit in Lisbon, Ribeiro discussed with Cointelegraph’s Joe Hall Bitcoin’s perspectives, Brazil’s vibrant crypto economy and how regulatory clarity has boosted competition…
In a landmark move for the digital asset management industry, CoinShares International Limited (CoinShares) has secured an option to buy Valkyrie’s ETF business. The firm, based on the island Jersey off the coast of France, is the leading European investment company specializing in digital assets. Valkyrie is a U.S. digital asset manager based in Nashville, Tenn. Its investment advisory business…
Decentralized finance (DeFi) group Aave Companies has been rebranded to Avara as it looks to broaden its user base across the Web3 ecosystem. Stani Kulechov, founder and CEO of Avara (formerly Aave Companies), tells Cointelegraph that the company’s growing number of offerings, including liquidity protocol Aave, the GHO stablecoin, Lens Protocol and Sonar, necessitated an umbrella brand with broader Web3…
Bazooka Tango, a studio formed by former developers of the fantasy MOBA game Vainglory, has secured $5 million in a new round of funding led by Bitkraft Ventures, the game studio announced Thursday. RW3 Ventures, Sfermion, and 1Up Ventures also participated in the round. Bazooka Tango plans to use the fresh funding to expand its team and further development on…
Avalanche (AVAX) continued to surge Thursday following news that banking giant J.P. Morgan used the blockchain to tokenize portfolios. J.P. Morgan’s Onyx tapped an Avalanche subnet, or a dedicated version of the blockchain, in a proof-of-concept with Apollo Global and the Monetary Authority of Singapore’s Project Guardian AVAX at the time of writing is up nearly 14% in 24 hours,…
Bitcoin (BTC) saw a classic pullback after the Nov. 16 Wall Street open as deja vu BTC price action continued. BTC/USD 1-hour chart. Source: TradingView Analysis: Door open to deeper BTC price correction Data from Cointelegraph Markets Pro and TradingView followed Bitcoin as it descended to $36,470 — down over $1,000 on the day. The landscape closely followed events from…
