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Sequoia Capital scales back crypto fund by $350M amid industry challenges – reports.
Sequoia Capital, a renowned venture firm, has significantly scaled back its cryptocurrency fund in response to a considerable shift in the startup ecosystem. According to individuals familiar with the matter, the fund has been cut from $585 million to a leaner $200 million, as reported by the Wall Street Journal (WSJ. origin »
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French privacy watchdog questions Worldcoin’s data collection method: Report.
French data protection agency CNIL said it finds the legality of Worldcoin’s collection methods “questionable” alongside the conditions for storing the data. origin »
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Chainlink: Why whales cannot save LINK from bears .
LINK was the 10th most purchased crypto among the top 100 ETH whales. LINK was down by over 1%, and a few on-chain metrics turned bearish. Chainlink [LINK] registered an increase in its The post Chainlink: Why whales cannot save LINK from bears appeared first on AMBCrypto. origin »
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Introducing VRRB: Revolutionizing Web-Scale Blockchain Technology with Energy-Efficiency and Unmatched Scalability.
VRRB is set to unveil its groundbreaking Web-Scale Blockchain in the coming months, setting new standards for the industry and breaking what has commonly been referred to as the “Blockchain Trilemma”. origin »
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Ripple Attorney Withdraws From SEC Lawsuit, Will It Affect XRP?.
A recent development in the ongoing showdown between the United States Securities and Exchange Commission (SEC) has seen the withdrawal of another Ripple attorney from the lawsuit, recent court filings reveal. origin »
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BTC price shrugs off strong PCE data as Bitcoin traders eye $28K range.
Bitcoin traders expect downside as BTC price offers a muted reaction to the Fed's "preferred" inflation metric.
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Grayscale Asks SEC To Green Light All Spot Bitcoin ETFs Simultaneously To Promote Fair Competition.
Grayscale has argued that the SEC should give the regulatory blessing to all spot Bitcoin ETF applications at the same time if it approves any. origin »|
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Is An Appeal Coming In The Ripple Case? Here Is Gensler’s Response.
Following the summary judgment delivered in favor of Ripple in the ongoing XRP vs. SEC lawsuit, the Chair of the United States Securities and Exchange Commission (SEC), Gary Gensler, remains taciturn on the commission’s next line of action. origin »
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Blockchain technology lets East African farmers sell globally.
Blockchains’ tracing capacities can help certify that crops weren’t grown by razing woodlands or harvested with child labor.
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Lido dominates ETH staking, but why is LDO declining?.
Lido saw around 600 new users daily. In less than three months, Lido added around $3 billion to its TVL. Lido Finance is boldly positioning itself at the forefront of liquid staking, with reThe post Lido dominates ETH staking, but why is LDO declining? appeared first on AMBCrypto. origin »
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6 Questions for Simon Davis of Mighty Bear Games.
Mighty Bear Games CEO Simon Davis — AKA “Papa Bear” — gave us a look inside his Web3 gaming studio, and his thoughts on the future of gaming. origin »
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IoTeX launches W3bstream Devnet for accelerated DePIN development.
IoTeX, a leader in the Decentralized Physical Infrastructure Network (DePIN) space, has announced the release of W3bstream Devnet. The infrastructure is designed to provide developers with a cost-effective and efficient way to build DePINs for various sectors such as commerce, consumers, and industry. origin »
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Crypto.com gains Netherlands approval after Binance exit.
Crypto. com announced on July 28 it has secured registration approval from De Nederlandsche Bank (DNB) to provide crypto services in the Netherlands. This approval follows Binance’s unsuccessful attempt to secure a similar license earlier this year, with Dutch investors advised to move funds before July 17. origin »
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Shiba Inu Run Towards $0.001 SHIB Price In Play As Ethereum-To-Shibarium Bridge Goes Live In Beta.
The development team behind Shiba Inu has announced a major advancement in the SHIB ecosystem. origin »|
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VC Firm Sequoia Capital Slashes Crypto Fund By 65% Amid Bear Market.
Just over a year after launching its crypto fund, venture capital firm Sequoia is now rolling back its investments and taking more of a more careful approach. The firm was making some serious waves when it launched its crypto fund last year in February, signaling that crypto was ready for mainstream VC backing. origin »
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Is 2023 the year we’re able to take control of our data?.
Given the importance of sovereignty and data today, it is not possible for people to be fully sovereign without entrusting sovereignty over their own data. origin »
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The Agenda podcast chats with Energy Web on how to fight climate change with the help of blockchain.
Energy Web CEO Jesse Morris explains why blockchain can make “going green” more efficient, how fighting climate change is easier, and why Energy Web is building on Polkadot. origin »
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Here’s how big food and beverage brands are using NFTs: Report.
The key supporting factors for the market are the adoption of blockchain technology and the demand for NFTs for transparency and traceability in the food industry. origin »
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Polygon makes it to the A-list, but will MATIC alter its bearish course?.
Italy's central bank announced support for a project involving Polygon. Polygon joined hands with the Government of Mongolia to build a blockchain to deliver government services. Like otheThe post Polygon makes it to the A-list, but will MATIC alter its bearish course? appeared first on AMBCrypto. origin »
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Data Shows: Bitcoin Traders Going Long, Blast Above $30,000 Looming?.
Bitcoin continues to trade sideways during today’s trading session, holding the line draw for the past few weeks. Recent data shows that the cryptocurrency has been recording “crab-like” price action in the short term, but operators favor the long side of their trades. origin »
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Arbitrum: Will bulls see respite at this demand zone?.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. ARB headed toward a crucial demand zone. origin »
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99-year-old artist sold her NFT collection for $1.2 million.
Vera Molnar, one of the first artists to start using computers for art, sold at auction at Sotheby’s a collection of 500 NFT called “Themes and Variations”. Vera Molnar’s paintings were sold out in just an hour. origin »
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Decoding volatility: Are big tech stocks as stable as we think?.
The post Decoding volatility: Are big tech stocks as stable as we think? appeared first on CryptoSlate.
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Valkyrie Bitcoin miners ETF leads 2023’s high-performing ETFs.
Quick Take Valkyrie Bitcoin Miners ETF: The Year’s Star Performer According to Athanasios Psarofagis, the Valkyrie Bitcoin Miners ETF has distinguished itself as the top-performing ETF of 2023. origin »
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Bankrupt crypto giants FTX and Genesis reach agreement to resolve billion-dollar claims.
Bankrupt crypto companies FTX and Genesis Global announced they had reached an agreement in principle concerning claims made by the firms against themselves, per a July 27 letter to Judge Sean Lane. origin »
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Why This Billionaire Continues To Advocate For Bitcoin Amid Surging US Debt?.
Bitcoin (BTC) has continued to occupy center stage, drawing varied reactions from different financial pundits. One of these voices is billionaire investor Mike Novogratz, who has yet again reiterated his support for the top cryptocurrency despite the unsettling dynamics in the United States economy. origin »
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Bitcoin: Trading Veteran Casts Doubt On Impact Of 2 Key BTC Events.
As the Bitcoin market continues to persist, speculation regarding impending events forms a crucial part of the discourse. Among such discussions, the forthcoming BTC halving and the potential United States approval of a spot Bitcoin ETF have captured much attention. origin »
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If Bitcoiners Don’t Do More, CBDCs Will Win.
As history has shown, incumbent powers can control the narratives around their inherently-inferior solutions. origin »
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Twitter Community Notes hits 44 countries as Elon Musk seeks ‘truth’ for X.
Contributors from 44 countries are tasked with vetting the information being shared on posts that draw greater attention and are often subject to being picked up by mainstream media. origin »
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Crypto mining hardware retailer Phoenix Technology mulls IPO in UAE: Report.
A mainstream media report highlighted that the mining hardware firm Phoenix Technology is planning to go public in Abu Dhabi, UAE. origin »
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Crypto.com registers in the Netherlands, cleared to advertise services.
The exchange received the green light from De Nederlandsche Bank to offer services in the country.
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U.S. Senate Passes $886B Military Spending Bill With Crypto AML Provision.
The amendment takes aim at crypto mixers and “anonymity-enhancing” crypto assets. origin »
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PancakeSwap Sweetens Network with zkSync Era Launch.
Decentralized exchange PancakeSwap is leveraging zkSyncs layer 2 solution to deliver increased scalability and efficiency, making a notable stride for the mass adoption of DeFi, according to a press release... origin »
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NFT-styled debit cards the future of Web3 — Animoca founder on $30M Hi investment.
Animoca Brands partners with Hi, a Web3 neobanking app that features cryptocurrency exchange services, conventional digital banking and customized NFT-styled debit cards. origin »
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Elon’s ‘not afraid of blowing things up’ — ex-Twitter exec on working under Musk.
Esther Crawford claimed Elon Musk’s inability to handle criticism created a “zealous and fanatical” inner circle.
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FTX, Genesis reach in-principle agreement to settle bankruptcy case.
FTX and Genesis lawyers have sent a letter to the bankruptcy judge regarding a settlement agreement.
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Is Sam Bankman-Fried the Victim of a Double Standard?.
Examining the government's treatment of fallen crypto entrepreneur Sam Bankman-Fried, and comparing his case with that of Elizabeth Holmes. The post Is Sam Bankman-Fried the Victim of a Double Standard? appeared first on BeInCrypto. origin »
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Nexo Joins ACSS to Boost Crypto Compliance Standards.
Nexo, a digital assets institution, is improving its position in the crypto industry through a new partnership with the Association of Certified Sanctions Specialists (ACSS), revealing a strong commitment to... origin »
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Fireblocks, Astar Network Pair Up to Drive Institutional Crypto Access.
Fireblocks, an institutional-grade platform for adopting digital assets, has partnered with Astar Network, a platform compatible with Ethereum Virtual Machine (EVM) and WebAssembly (Wasm). Through this partnership, digital assets and... origin »
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Bitcoin Maintains $29K, Ether and Alts Flat as BOJ Makes Hawkish Move.
The largest cryptocurrency ticked down for a couple of hours after a report that the Bank of Japan was mulling a change to its yield curve control policy before regaining ground. origin »
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AWS expands Amazon Managed Blockchain for Web3 developers.
AWS, an Amazon company and the world’s leading cloud service provider, has added two new services to its platform as it looks to expand access for blockchain developers. The two services, announced on July 27, are Amazon Managed Blockchain (AMB) Access and Query, which AWS said were now accessible to developers building on public blockchains. origin »
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Midjourney Has Serious Competition: This Image-to-Video AI System Looks Insane.
Midjourney and Runway are at the forefront of AI-driven imagery. While one excels in image enhancement, the other ventures into dynamic videos. Together, they are shaping the future of digital artistry. origin »
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Satoshi Unmasked: Has the Bitcoin Creator Been Under Our Noses All Along?.
We consider evidence for and against suspicions that Dorian Nakamoto is the founder of Bitcoin. The post Satoshi Unmasked: Has the Bitcoin Creator Been Under Our Noses All Along? appeared first on BeInCrypto. origin »
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Generative AI set to infuse $450B into enterprise sector – reports.
Generative Artificial Intelligence (AI) continues to make waves in the enterprise market with ABI Research, a global technology intelligence firm, predicting it to pump over $450 billion into the enterprise sector across twelve different verticals in the next seven years. origin »
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What is Fiat Money? How does it work?, History, Pros & Cons.
Fiat money is tender not backed by a tangible asset or commodity like gold. It’s usually mandated by governments & leads to corrosive effects on society. origin »
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The Human Rights Foundation Announces 20 BTC Bounty Challenge For Bitcoin Development.
The HRF Bitcoin Bounty Challenge, with a 20 BTC total reward pool, has officially launched, with a focus on transactional privacy and Bitcoin self-sovereignty development. origin »
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Japanese Web3 developer HashPort Group raises $8.5M in funding round.
The funds will be used to aid the firm's global expansion across tough regulatory landscapes.
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Binance, CZ challenge CFTC lawsuit, seek dismissal.
Binance said that the CFTC is attempting to regulate foreign individuals and corporations operating outside the United States, going beyond the limits of its statutory jurisdiction. origin »
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Netflix Opens Positions for AI Experts as Hollywood Writers Protest the Technology.
Netflix is hiring AI experts to expand its machine-learning platform and develop games, despite Hollywood's largest labor union, SAG-AFTRA, protesting against AI over job security and copyright concerns. origin »
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‘Historic week’ as stablecoin, self-custody bills advance to House floor.
The bills aim to create a regulatory framework for payment stablecoins and enshrine rights for crypto users to self-custody digital assets. origin »
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