EU AI rules stifle innovation, Meta and Spotify CEOs warn
Zuckerberg and Ek’s concerns highlight the need for balanced regulation of emerging technologies.
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Mercado Bitcoin parent company 2TM raises $50M, further cementing unicorn status
The Series B builds off 2TM’s massive $200 million SoftBank-led raise in July, which catapulted the company to a $2.1 billion valuation. 147 Total views 3 Total shares 2TM, the parent company of Brazilian cryptocurrency exchange Mercado Bitcoin, has received $50.3 million in fresh financing to expand its operations across Latin America, sending a strong…
What is the role of a decentralized autonomous organization in Web3?
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Major Banks Santander, MUFG Lead $14M Investment in Securitize
Securitize, a Coinbase-backed token issuance protocol, raised $14 million in a funding round led by the venture capital (VC) wings of major commercial banks. The San Francisco-based startup has conducted an extension of its Series A round to continue developing its technology platform.According to a press release on Sept. 24, three major investor banks included Santander’s…
FCA reiterates power to ‘suspend or cancel’ crypto firms’ registrations following Bifinity concerns
Certain individuals and entities that are part of the Binance Group may now be considered “beneficial owners” of Digivault following the Bifinity and Eqonex partnership. 407 Total views 16 Total shares The United Kingdom’s Financial Conduct Authority, or FCA, has issued a warning to Binance Markets in response to Binance’s payment company Bifinity and investment…
Coinbase wins NFA approval to offer Bitcoin and Ether futures in US
Coinbase is preparing to roll out cryptocurrency futures trading for institutional investors in the United States soon. Cryptocurrency exchange Coinbase has obtained approval from the National Futures Association (NFA) to offer investments in crypto futures to eligible customers in the United States.Announcing the news on Aug. 16, Coinbase noted that the company is now officially…
Mastercard to allow 2.9B cardholders to make direct NFT purchases
Card payments for NFTs were first announced in association with Coinbase’s latest NFT marketplace in January. International payment processing giant Mastercard is expanding its payment network for nonfungible token (NFT) markets and Web3.The financial service provider announced that it has been working on expanding their payment networks to NFTs over the past year. The firm…
Behind the Scenes of TON: Lessons Learned on Deploying Smart Contracts, Part 2
This is the second article in our series on integrating payment channels on Telegram Open Network. In the first part, we introduced the network, detailed our experience of the contest, and explained how synchronous and asynchronous smart contracts work. As the next addition to the series, this article details how we built a synchronous payment…
How does the economy work?
The economy is a complex system of production, distribution, and consumption of goods and services. Understanding how the economy works can be challenging, but it is essential for making informed decisions about personal finance, investing and public policy. This article will explore the fundamental concepts of how the economy works, including the factors that influence…