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ECB Seeks to Eliminate Stablecoins, Accelerate Digital Euro Plans
The ECB’s President and crypto task force view stablecoins as a threat to the sovereignty of the central bank. Europe’s central bank is looking to accelerate plans for a digital euro to compete wi...
Sia’s Parent Company Raises $3 Million and Launches Rebrand
Nebulous, the parent company behind Sia, has rebranded under the name Skynet Labs and raised $3 million for future development. Sia’s $3 Million Funding Round Skynet’s $3 million funding round was...
DeFi’s Obsession With “Fair Launches” Is Killing Innovation
Fair launches are now the hottest trend in DeFi, but poorly aligned incentives may mean the industry trades true innovation with short-term gains.  Fair for Who? It’s hard to believe SushiSwap laun...
Blockchain Developer? The Web3 Foundation Will Pay You to Build on Polkadot
The Web3 Foundation, Polkadot’s equivalent of the Ethereum Foundation, announced a wave of funding for projects creating infrastructure and development tools for the ecosystem. With this move, Polka...
Kraken Becomes The First Crypto Exchange to Obtain Banking Charter
Kraken has obtained the approval to conduct many traditional banking services alongside operating as a crypto exchange. Wyoming has granted the license under Special Purpose Depository Institution (SP...
MicroStrategy Outperforms Nasdaq Composite After $175 Million Bitcoin Purchase
MicroStrategy (NASDAQ: MSTR) stocks rose over nine percent as their CEO revealed the company had purchased another $175 million in Bitcoin. The investment makes up part of the firm’s strategy to div...
SEC Shuts Down Unikrn For Its $31M 2017 ICO, Commissioner Hester Peirce Dissents
The SEC ordered that Unikrn payout “substantially all of the company’s assets” to investors, disable its token, and request that UnikoinGold is delisted from exchanges in connection with its 201...
bZx’s Third Exploit of 2020 Ends With $8 Million Lost
Less than two weeks after re-deploying on mainnet, bZx has been exploited for $8.1 million of LINK, ETH, and stablecoins. The incident caused the BZRX token to fall over 30%, as the value of the token...
SushiSwap Founder Chef Nomi Returns $13M in Hijacked Ethereum
SushiSwap founder Chef Nomi drained his creation’s development fund for 38,000 Ethereum on Sept. 7, just one week after creating the project, and transferred control over to FTX Exchange’s Sam Ban...
DeFi Forks Will Struggle Because You Can’t Fork a Community
DeFi forks are popping up everywhere. Unfortunately, they fail to become anything more than a “farm and dump” scheme due to a lack of genuine community. And even the few projects that do establish...
Newswire > Tag: fund

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