Sigma Capital’s $100M fund plans to invest in 100 Web3 projects

Major tech and commerce firms have been instrumental in helping China's central bank develop the digital yuan. 2303 Total views 15 Total shares Major Chinese technology and commerce firms are starting to open up regarding their involvement in developing the digital yuan.Ant Group and Tencent Holdings revealed the extent of their collaboration with the People’s…

The Canadian social media and messaging app company Kik is reportedly considering shutting down its popular Kik messaging app.70 reported layoffs at Kin subsidiary In a Sept. 23 article, Israeli tech publication CTech Calcalistit cites two anonymous sources at Kik, claiming that the Canada-based firm is considering closing down its messaging app. 70 employees have reportedly received…

Power historically shifts from governments to people. Democracy is the product of revolution and disruptive innovation by those who abhor the elitism of aristocracy and monarchy, who fear the single-mindedness of theocracy, and who see the impracticability of communism. More than ever before, governments represent fairer and more trustless social contracts. How do we merge…

The Philippines has introduced a new set of rules governing Digital Asset Token Offering (DATO), according to a press release published by the Asia Blockchain and Crypto Association (ABACA) on Feb. 4.The new regulations released by the country’s Cagayan Economic Zone Authority (CEZA) are reportedly designed to regulate the cryptocurrency industry and protect investors, affecting…

“Ripple’s all-star engineering team continues to grow,” Ripple CEO Brad Garlinghouse said of the firm’s new senior VP. 286 Total views 2 Total shares Amid legal action from the SEC, Ripple has brought in fresh blood from Amazon to lead its engineering team.In a statement released today, Ripple CEO Brad Garlinghouse announced that former Amazon…

Top Stories This Week US SEC deems spot Bitcoin ETFs filings as inadequate There may be a longer wait for a spot Bitcoin exchange-traded fund (ETF) in the United States, as the Securities and Exchange Commission labeled investment managers’ recent applications inadequate. The SEC told the Nasdaq and the Chicago Board Options Exchange that their…

Authorized Bitcoin miners will be able to resume their operations after the electricity preservation policy during the hot summer months. Iran will once again allow Bitcoin and crypto miners to operate in the country from the last week of September.According to a report by Iran’s Financial Tribune, Tavanir, the country’s power generation organization, made the decision…

DeFi lending and total value locked is recovering, but many related tokens are still at bear market lows.