VC Roundup: Blockchain startups remain popular among investors in August
This edition of Cointelegraph’s VC Roundup features Orderly Network, Echelon, Solayer Labs, Parlay Labs, Level, and Quai.
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Stronghold requests permission to burn tires for crypto mining in Pennsylvania
Company requests the use of Tire Derived Fuel, citing the United States Environmental Protection Agency’s approval to use this kind of energy source at other industrial facilities in the state. Stronghold Digital Mining, a Pennsylvanian crypto-mining company, is currently seeking approval to produce up to 15% of its energy using shredded tires, at its Panther
SEC steps back from defining digital assets in new hedge fund rules
The SEC and its staff are “continuing to consider” the term “digital assets” despite proposing a definition of the term around nine months ago. 239 Total views 4 Total shares Own this piece of history Collect this article as an NFTThe United States securities regulator is holding off from ratifying the definition of the term…
DOJ and SEC to probe SVB collapse and insider stock sales: Report
The investigations are separate from one another but will both look into Silicon Valley Bank's collapse and stocks sold by executives prior to its fall. 144 Total views 9 Total shares Own this piece of history Collect this article as an NFTThe United States Justice Department and the Securities Exchange Commission (SEC) have reportedly launched…
BTC billionaire Tim Draper to Elon Musk: I’d buy the Tesla Cybertruck with Bitcoin
Tim Draper, the billionaire Bitcoin (BTC) investor who also invested early in Tesla, reacted to the company's CEO and world's richest man, Elon Musk, adding #Bitcoin to his Twitter bio to join the likes of Twitter CEO Jack Dorsey and Reddit co-founder Alexis Ohanian.Draper, who holds around 30,000 BTC according to reports, told Musk that…
Azerbaijan Targets Utilities, Justice System for Blockchain, Smart Contracts Use
Azerbaijan is planning to use blockchain and smart contracts in the country’s legal system and housing sector, Central Asian-focused Trend News Agency reported Nov. 2.Speaking to the publication, chairman of the Azerbaijani Internet Forum Osman Gunduz noted that plans for smart contract introduction in these areas by the country’s justice ministry had “attracted attention” at…
Dogecoin Gains 20% Amidst TikTok Pumping Challenge
Dogecoin has surged almost 20% this week, possibly due to a viral TikTok challenge that encourages users to get rich should the coin's price hit $1. 2438 Total views 49 Total shares Crypto asset Dogecoin (DOGE) has leapt 18% in 24 hours and almost 20% over the past week. The price action is happening against…
Web3 a hot topic at SXSW despite bear market and declining interest in NFTs
Giant rabbits wearing trendy outfits situated alongside cartoon characters with rainbows flowing out of their mouths lined the streets of South by Southwest (SXSW) last year. This is because two nonfungible token (NFT) projects — Doodles and Fluf World — dominated SXSW 2022. Yet these projects were nowhere to be found at SXSW 2023, demonstrating the…
UAE Health Ministry Debuts Blockchain Platform for Medical Data
The UAE's Ministry of Health and Prevention (MoHAP) together with the Ministry of Presidential Affairs, Dubai Healthcare City and other relevant authorities has launched a blockchain-based health data storage platform.According to The Emirates News Agency on Feb. 2, the blockchain-based platform aims to improve the efficiency of MoHAP and other health authorities' smart health services.…