DWF Labs launches $20M fund for Web3 projects in China
The Cloudbreak Fund will invest in gaming finance, social finance, memecoins, derivatives, and layer-1/layer-2 projects across Chinese-speaking regions.
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‘Decentralized Infura’ may help prevent Ethereum app crashes: Interview
The initial “Dfura” marketplace, which is currently in development, is expected to include up to 10 Web3 data providers. 217 Total views 1 Total shares Own this piece of history Collect this article as an NFTInfura is developing a decentralized marketplace of data providers that will help to prevent Web3 app crashes in the future,…

'Trump dump' risks pulling Bitcoin price down to $88K
Bitcoin fails to rebound after a $5,000 drop in a single day, with a BTC price retest of $88,000 now "highly probable."

Blockchain sports firm Chiliz to expand in US with $50M investment
Chiliz is setting up a New York office following years of fan token experience in Europe. 1343 Total views 9 Total shares Major blockchain sports venture Chiliz is planning a $50 million expansion into the United States, CEO Alexandre Dreyfus announced Tuesday.Dreyfus told Cointelegraph that the firm is setting up an office in New York…

Crypto on the casino floor? Las Vegas resort partners with Gemini
Some Las Vegas casinos have only been allowed to return to full capacity this week. 7966 Total views 50 Total shares A Las Vegas casino-resort which aims to open for business next month has just partnered with major cryptocurrency exchange Gemini.In an announcement today, Resorts World Las Vegas said it would be allowing customers to…

Binance defends SUSHI listing after criticism
Innovation comes with high reward and risk said the CEO’s exchange. 979 Total views 15 Total shares Following SushiSwap’s dramatic drop, users blasted crypto exchange Binance for even listing the token in the first place. But Binance stands by its decision to back risky projects.Binance CEO Changpeng Zhao, better known as CZ, defended their decision…

80 Firms Including MasterCard, Coinbase Spent $42 Mln Lobbying Crypto, Fintech Issues in Q1
Around 40 entities lobbied for bitcoin (BTC) and blockchain-related causes in the United States in Q1 2019, political news site Roll Call reported on April 30.Citing data from the Federal Electoral Commission, the publication stated that around half of the 80 lobbying entities included cryptocurrency-related items, with total quarterly lobbying expenditure reaching over $42 million.Among…

PwC Accelerator to Train 1000 Staff in Blockchain Over 2 Years
U.K.-based multinational professional services network PricewaterhouseCoopers (PwC) will bolster its employees’ blockchain knowledge through a dedicated program next year, Digiday reported Thursday, August 30.Part of a coordinated push to enhance digital awareness, the company will put 1000 staff through its Digital Accelerators program, which will run for two years from January.Participants will forego a portion…

OpenAI halts new ChatGPT Plus sign-ups amid high demand
According to the CEO, new sign-ups have been paused because the platform has exceeded its capacity, thus affecting users’ quality of experience. OpenAI, the company behind the popular artificial intelligence (AI) chatbot ChatGPT, said it has put on hold new signups for the premium version of the AI tool, ChatGPT Plus, due to a high