Union Square Ventures (USV), a private equity and venture capital firm, has plans to invest in blockchain and cryptocurrencies over the course of the next 10 years, CNBC reports June 29.
Speaking about initial coin offerings (ICOs), Wenger called them an “innovative new financing mechanism,” though he said they are not suitable for every blockchain project.
Wenger asserted that the amount investors have raised in an ICO is not necessarily an accurate indicator of success.
USV’s portfolio exceeds 100 companies, containing a number of crypto investments, which include digital currency exchange Coinbase and Ethereum-based virtual collective game CryptoKitties.
It would reportedly allow startups to carry out token sales without observing formalities such as business reviews and financial reports.
Despite the recent decline of the cryptocurrency market, the promise of huge profits continues to lure investors to funnel some of their funds into these digital coins. Recently, the New York-based venture capital firm Union Square Ventures (USV) officially announced its investment in Multicoin Capital, which is a cryptocurrency hedge fund startup.
The European Union, on Tuesday, published its Fifth Anti-Money Laundering Directive (Directive (EU) 2018/843) that strengthens the organization’s rules to detect and prevent illegal routes through which money is laundered in or out of the member nations.
The European Union Agency for Law Enforcement Cooperation (Europol) has become the world’s first law enforcement agency to utilize the blockchain for the validation of conference speakers. They say: “In order.
Ripple is also known for the active promotion of its products and its customer-oriented approach. Ripple claims that these technologies can reduce the costs and speed up international money transactions.
A team of professors and researchers from Oxford University are working together to establish the worlds first Blockchain University. The team are fully set on ensuring that this new idea can become a real-world educational institution and already, the team are seeking degree-granting powers from regulators within the European Union.
It’s been a while since Ripple started to endorse its blockchain innovation, and the cryptographic currency, XRP, regardless of its claimed lion’s share—as a quicker and less expensive approach to circulate cash globally.
The European Union (EU) has announced that it will host an online Ask Me Anything (AMA) session on June 18, 2018, at 6 p. m. CEST. The event, organized and hosted by the European Blockchain Observatory and Forum of the EU, will last for 90 minutes and cover blockchain technologies with in-depth explanations, interactive discussions with panelists and public questions answered live.
Discover the agenda of our coming Ask me Anything session on Blockchain ! June 18th @ 6pm CEST. Ask your questions now using #AMAblockchain @EUBlockchain
More information: https://t.
В сообществе AI-инфраструктуры заговорили об Arc как об одном из самых недооценённых проектов. Аналитик с ником @crypticd22 считает, что в скором времени Arc сможет достичь оценки, сравнимой с лидерами отрасли — Virtual и ai16z.
Starting this month slightly weak, Virtual located a solid ground level and regained momentum. This brought the bulls back in action and now leads today’s altcoins rally following a 25% gain in the last 24 hours.
The Metaverse broke into the tech scene in 1992 in Neal Stephenson’s Snow Crash – a science fiction novel that featured humans as programmable avatars interacting with one another and with software agents in a virtual space filled with objects and concepts akin to the physical world.
The creators behind ZED RUN launched their first Metaverse title on Monday, featuring fully-customizable user avatars and a 3D world built using the Unreal Engine.
According to the exchange, the meta office will allow users to decorate cyberpunks, interact with virtual furnishings, as well as chat and speak to each other in the virtual environment.
Bitcoin Press Release: Bitcasino has joined forces with crypto charity ‘The Giving Block’ to support a virtual relief benefit concert which is raising funds for those adversely affected by the COVID-19 pandemic.
In October, an early access game called Crypto Crisis was released on the digital distribution platform Steam. The recently launched title rewinds time to the year 2009 and lets players mine coins on a simulation of the Bitcoin network by utilizing historical data from the last decade.