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Ukraine Adopts And Legalizes Crypto And Virtual Assets
The Ukrainian Parliament has officially adopted a draft law “On Virtual Assets” effectively legalizing virtual assets, which includes cryptocurrencies, within the country’s economic and commercial jurisdiction.
The new law was adopted after a second reading with 276 votes within the Ukrainian Parliament. With the law’s implementation, Ukraine is now open for business with firms representing the crypto and blockchain space, both from its local developments and from international firms seeking to start their business in the country. Read More
Meet the First BCH Dex Built on Smartbch — Benswap.cash Presents High-Yield Liquidity Pools, Noncustodial Swaps
Decentralized finance (defi) has set a trend during the latter half of 2020 and into this year, as statistics show $168 billion is locked in defi across various blockchains. The Bitcoin Cash network now has the Smartbch protocol and in recent times, a decentralized exchange (dex) platform has joined the defi fray. The newly launched Smartbch dex platform benswap.cash gives users the ability to earn via liquidity pools, and swap tokens in a noncustodial fashion. Read More
Play-to-earn gold rush as Crypto Gaming Guild and Zebedee raise millions from VCs
Play-to-earn is booming, with startups Crypto Gaming United and Zebedee closing funding rounds of $5 million and $11.5 million, respectively.
Crypto Gaming United, a startup aiming to build a global community of nonfungible token (NFT)-focused play-to-earn gamers, has raised $5 million in an oversubscribed seed funding round.
A Sept. 8 announcement notes the round was led by famed Australian venture capitalist Mark Carnegie and Chrono.tech CEO Sergei Sergienko — with the pair having co-founded the crypto-focused asset manager MHC Digital Finance.
Australian investment managers Shaw and Partners and Blockchain Assets also participated in the round. Read More
DeFi Protocol Balancer Integrates With WallStreetBets Crypto App
WSBDApp’s decentralized ETPs are coming to Balancer Protocol to bridge the gap between traditional and DeFi investing.
Balancer, a popular automated market maker, has today announced a strategic partnership with WSBDApp, the blockchain-based trading platform created by the WallStreetBets subreddit original founders.
The collaboration will see WSBDApp’s decentralized exchange-traded portfolios (ETPs) launched on Balancer V2 to “further expand the possibilities of DeFi and increase crypto exposure to crypto-native and traditional investors alike.”
DeFi is a suite of decentralized financial applications that aim to replace traditional investing by facilitating intermediary-free lending, borrowing, and trading. Read More
What Are Content Entrepreneurs In 2021?
Who Are They? Where Do They Live? How Do They Make Money?
Succeeding as a content entrepreneur takes time, patience, and a business mindset. The advantage of a platform with the technology and a community that supports the artists and their right to express themselves and facilitates the monetization aspect is a great place to start for aspiring content creators, B2C and B2B bloggers.
Online business owners must be aware that failure to adjust to new trends will impede the likelihood of consumers ever seeing their content, resulting in loss of business or even collapse. What we see now is a rise of content entrepreneurs, culminating their art with a hybrid of creativity, strategy, and technology. Combining strategic, artistic vision with existing and emerging technologies helps people turn fleeting interactions into genuine connections. Read More
Visa Integrating Cryptocurrency Services into Brazilian Banks
Visa Inc, the world’s largest retail electronic payments network, has begun working on integrating cryptocurrency services into traditional banking systems in Brazil.
Eduardo Abreu, Visa’s Vice President of New Business in Brazil, had a recent interview with a local media outlet, Seu Dinheiro. The executive disclosed that Visa corporation is working on integrating cryptocurrencies into its platform for both payments and a store of value.
Abreu talked about the development and said that Visa is working with several fintech firms in Brazil to bring cryptocurrency payments cards to the local market. The executive disclosed that the corporation is developing applications (APIs) to connect traditional banks with cryptographic products. Read More
Bitcoin tipping on Twitter: A game-changer for crypto adoption?
The fact that Jack Dorsey has time and again showcased his support for BTC suggests that a Bitcoin tipping jar may be in the works for Twitter.
Amid all the recent price volatility seen by Bitcoin (BTC) and the rest of the crypto market, news of social media behemoth Twitter reportedly getting ready to enable Bitcoin tipping for content creators went relatively unnoticed.
Reports suggest that the latest Twitter iOS beta is being devised in a way that will help BTC become part of the company’s upcoming Tip Jar module. If implemented, the move could have a substantial impact on the global crypto landscape, as it might instill the confidence necessary for other companies operating within the social media space to follow suit. Read More
Cointelegraph Research: Is Solana an ‘Ethereum killer?’
With significantly lower transaction costs and faster transaction speeds, could Solana be the most dreaded Ethereum killer?
Solana has been a trending topic due to the successive weeks of price increases seen by its SOL token. At the time of writing, SOL traded at around $207, which is an 11,400% surge from less than $2 back in January. At its present worth, Solana sits among the top 10 cryptocurrencies by market capitalization with about $60 billion, claiming the sixth spot from Dogecoin (DOGE), according to Cointelegraph Markets.
One of the likely catalysts of this bullish momentum is funding from investors led by Andreessen Horowitz and Polychain in June. Solana secured $314 million, which will be used to further its technology in the decentralized finance (DeFi) arena. Notably, the investment took the form of SOL coin purchases rather than traditional equity shares. Read More
U.K. Post Office To Offer Crypto Purchases Through Swarm Markets
The U.K. Post Office recently announced that it will be offering crypto purchasing options through its EasyID identity verification app.
The EasyID app, which was introduced in August 23, now has 10 million users. The EasyID app was developed in partnership with Yoti, a global digital identity platform. With the crypto purchasing option, EasyID users may access Swarm Markets, a unified crypto exchange. Swarm Markets is the world’s first licensed and financial market-compliant DeFi protocol.
“Access to products and services are increasingly moving online and we’ve responded to this shift by launching our free-to-use app, Post Office EasyID, allowing people to build their own secure digital identity on their smartphone and enabling them to easily control and prove who they are to whichever business they want to interact with.” a Post Office spokesperson shared. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or other advice.
