Io.net CEO departs 2 days before token launch

The firm traditionally focuses on gaining exposure to NFT assets, but is keen to expand its portfolio to the metaverse space amid its recent emergence into the public discourse. 913 Total views 11 Total shares Nonfungible token, or NFT, investment firm Sfermion has announced a secondary funding raise of $100 million — appropriately titled Fund…

It’s now virtually unarguable that decentralized finance is blockchain’s “killer use case.” Total value locked in DeFi grew by over 3,000% over the year leading up to January 2021. On the DApp Radar rankings, eight of the top 10 DApps on Ethereum are DeFi. Uniswap sees more users than any other application and is set…

Bancor’s new liquidity mining strategy promises to bring organic on-chain liquidity and make DeFi staking easier for DAOs. 117 Total views 31 Total shares Bancor, the first decentralized finance protocol to introduce liquidity pools, has come out with a new liquidity solution with the launch of its v3, called Bancor 3.Bancor 3 went live with…

Top Stories This Week Crypto bills pass congressional committee in ‘huge win’ for US crypto A key United States House panel has approved a pair of bills that could finally deliver some regulatory clarity to crypto firms in the country. On July 26, lawmakers voted in favor of the Financial Innovation and Technology for the…

The FIRS’s initiative to regulate cryptocurrency and update tax laws reflects a broader trend in Nigeria toward embracing and managing digital asset.

In an exclusive interview with Cointelegraph, U.K. Member of Parliament Dr. Lisa Cameron said there is a “vision” that the U.K. will become an international hub of crypto and digital assets. 65 Total views 1 Total shares The United Kingdom could be warming to Bitcoin (BTC) and crypto. Taking a timeout from Scotland’s first major…

Brooks is optimistic that regulators will find it easier to work with algorithms than with bankers. 2232 Total views 11 Total shares In an opinion piece published in the Financial Times on Tuesday, Acting Comptroller of the Currency Brian Brooks put forward the need to reconfigure banking regulations for an age of algorithms. Brooks, who currently…

New on-chain data suggests that demand for Bitcoin (BTC) from new investors is growing. Specifically, the number of new BTC addresses is nearing 2017 levels when the price hit $20,000.Brock Connelly, the CEO of RoundBlock Capital, said:“Has anyone noticed, daily active addresses (Bitcoin) is back above June 2019 levels, and approaching high of 1.29mm in…

United States-based payment platform Square reported $166 million in annual Bitcoin (BTC) revenue for 2018, data from its annual earnings report published Feb. 27 confirms.Square, which shares its CEO Jack Dorsey with Twitter, achieved just over $52 million in Bitcoin sales for Q4, surpassing Q3 by $9 million and Q2 by more than $15 million.Clear…