Coinbase Ventures backs Ethereum-based streaming network

This year has been foundational for the success of projects running on the Ethereum blockchain. Sharing the limelight is Livepeer, an Ethereum-based video streaming network that announced raising $20 million in a Series B funding.  Led by Digital Currency Group, the funding for Livepeer saw participation from large venture capitalists, including Coinbase Ventures, Coinfund, Northzone, […]

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Large VCs are sidelining smaller crypto investors, PwC crypto lead says

As cryptocurrency continues to take over mainstream finance, formerly cautious investors across the globe are rethinking their stance of counting crypto as a bad investment. This change of heart leads to a higher market valuation of crypto businesses due to increased funding from goliath investors.  Citing this trend, PricewaterhouseCoopers crypto leader Henri Arslanian claimed that larger […]

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Polyient marketplace, Ronaldinho drop, and a ‘staggering’ $4800 NFT sale …

Investment firm and development studio Polyient has unveiled an NFT marketplace with decentralized finance (DeFi) functionality. The marketplace dubbed “PolyientX” is set for a beta release in August on Ethereum, with an official launch targeted for sometime in the Fall. The initial launch will feature NFTs from Ape In, a DeFi-enabled NFT collectibles game, and […]

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MicroStrategy pledges to buy more BTC despite paper loss on its holdings of $424.8M in Q2

Business intelligence and mobile software firm MicroStrategy has pledged to buy more Bitcoin despite reporting impairment losses of $424.8 million in Q2. This is only a paper loss however based on the price of Bitcoin at the end of the quarter and does not reflect a realized loss. Depending on how you add the figures […]

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Bitcoin traders express mixed emotions about what’s next for BTC price

The rumor that Amazon would accept cryptocurrency payments sparked a wave of bullish enthusiasm across the crypto market earlier in the week but now this sentiment has begun to wane as Bitcoin (BTC) bulls face stiff resistance at the $40,000 level.  Data from Cointelegraph Markets Pro and TradingView shows that bears have managed to fend […]

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Algorithmic stablecoins show promise of reducing volatility — ShapeShift

Promising innovations in DeFi have given rise to a new breed of stablecoins that have the potential to reduce volatility and promote greater decentralization, according to a new research report from ShapeShift.  In its latest New Frontiers research study, ShapeShift explores the recent growth of “algorithmic stablecoins,” which are cryptocurrencies that automatically adjust an asset’s […]

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