EU launches ‘Trusted Investors Network’ to boost VC investment in tech
The European Union unveiled the Trusted Investors Network at a meeting in Athens, Greece to attract venture capital to deep-tech sectors like biotechnology and AI.
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‘Emergency’: Wikipedia editors vote against classifying NFTs as art
A group of editors on Wikipedia, the free user generated encyclopedia, have voted against classifying NFTs as a form of art and have come to a consensus to shelve the issue until a later date. A survey and debate started on the platform at the end of December revolving around the most expensive art sales…
The Graph adds support for Polkadot, NEAR, Solana and Celo
The global network of open APIs is expanding to support new layer 1 blockchains. 4259 Total views 12 Total shares Following its mainnet launch on Ethereum in mid-December 2020, The Graph has today announced that it is integrating Polkadot, NEAR, Solana and Celo.As reported, The Graph is a protocol that enables programmers to build Application Programming…
Global financial regulators will discuss crypto at G7: Report
Bank of France Governor François Villeroy de Galhau reportedly said that the recent crypto market volatility had been a “wake-up call” for global regulators. 556 Total views 38 Total shares Central bank governors and finance ministers from the Group of Seven, or G7, are reportedly planning to discuss the regulation of cryptocurrencies.According to a Tuesday…
Bitcoin Closes Above $8.5K as Dr. Doom Says Traders Want ‘Miracles’
Bitcoin (BTC) was trading higher on Mar. 2 after a lackluster weekend saw markets fall below $8,500 for the second time in a week.Cryptocurrency market daily overview. Source: Coin360Dr. Doom slams traditional investorsData from Coin360 and Cointelegraph Markets showed slightly more promising conditions for BTC/USD as Monday began, the pair trading at around $8,600.24-hour lows…
Boosting adoption with DeFi asset management: Velvet Capital joins Cointelegraph Accelerator
Gone are the days when decentralized finance (DeFi) was a niche for crypto frontrunners, while centralized finance (CeFi) was the absolute owner of users’ trust. Following the collapse of major centralized organizations within the industry, such as FTX, Prime Trust, and Celsius, among others, the user base — from traders to asset managers — realized…
Blast airdrop to launch June 26, distributing 17% of supply to early users
The Blast team announced that its token airdrop would commence on June 26 and that users who bridged assets to the network or used its apps would receive tokens.
NY Governor Cuomo launches blockchain-powered vaccination passports
New York Governor Andrew Cuomo has launched of a blockchain-powered vaccination passport built on top of IBM's Digital Health Pass. 1170 Total views 11 Total shares New York Governor Andrew Cuomo announced the launch of the city's blockchain-powered “Excelsior Pass” vaccination passport on March 26.The passport is issued through a free and voluntary platform that…
Why DeFi, in its current state, is destined to fail
Decentralized finance, in a nutshell, promises transparency and offers beneficial terms for borrowers. DeFi platforms are supposed to build an alternative financial system for offering/receiving loans, exchanging currencies, making payments, etc. There are no banks, brokers or trusted third parties, governments are not involved, and finally, notorious middlemen are eliminated. There is just secure, transparent…