[ad_1] Ego Death Capital, a venture capital fund focused on investing in Bitcoin technology startups, has announced the successful first close of its $100 million second fund. The fund has already secured $43.35 million in commitments from investors, underscoring strong interest in backing the next wave of Bitcoin companies. Ego Death has previously backed leading startups like Relai, Breez, Fedi, LN Markets, and more.Founded by Jeff Booth, Andi Pitt, and Nico Lechuga, Ego Death Capital targets Series A investments in rapidly scaling Bitcoin startups with this fund. Preston Pysh and Lyn Alden have also recently joined them as a General Partner in…
Author: dfrancis36
[ad_1] The Shibarium network, an Ethereum Layer 2 network that was developed and launched by the Shiba Inu team, did well following its initial launch in August 2023. However, less than one year following its launch, the Layer 2 network has run into some hard times, losing market share to larger counterparts. This has led to a decline in activity for the network as a whole, and so far this week, the Shibarium network has seen a major decline in active accounts. Shibarium Active Accounts Drop 80.3% In 4 Days The Shibarium network is currently struggling with adoption of the…
[ad_1] MARA (NASDAQ: MARA), a leader in leveraging digital asset compute for energy transformation, has purchased $100 million worth of Bitcoin, bringing its total holdings to over 20,000 BTC, according to a press release sent to Bitcoin Magazine.The company also announced a new treasury policy to adopt a full HODL approach, retaining all Bitcoin mined and making periodic strategic purchases.”Adopting a full HODL strategy reflects our confidence in the long-term value of bitcoin,” stated Fred Thiel, MARA’s chairman and CEO. “We believe bitcoin is the world’s best treasury reserve asset and support the idea of sovereign wealth funds holding it.…
[ad_1] My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to…
[ad_1] Remonda Z. Kirketerp-Møller | Muinmos Remonda Z. Kirketerp-Møller | Muinmos Remonda Z. Kirketerp-Møller | Muinmos Remonda Z. Kirketerp-Møller | Muinmos Remonda Z. Kirketerp-Møller | Muinmos Remonda Z. Kirketerp-Møller | Muinmos In our discussion with Rhonda K. Müller, CEO of Muinmos, during iFX EXPO International, she covered regulatory changes impacting the trading industry, particularly focusing on new frameworks like MICA and Dora. She highlights the positive effects of regulation, such as increased order and transparency, and predicts that these changes will ignite more competition in the crypto market. Rhonda also touches on the rising trend of prop trading and anticipates…
[ad_1] The anticipated 2024 November elections in the US have stirred discussions within the crypto community regarding the potential stance of Vice President Kamala Harris towards the industry, should she become the Democratic Party’s nominee. With uncertainty shrouding her position, voices from the crypto space have raised concerns about her willingness to support the crypto sector in the event of assuming the presidency. Political Rift In Crypto Tyler Winklevoss, co-founder of crypto exchange Gemini, took to social media to issue a pointed critique, claiming that immediate actions such as removing US Securities and Exchange Commission (SEC) Chair Gensler, halting enforcement…
[ad_1] CB Payments Limited (CBPL) has been fined £3,503,546 by the Financial Conduct Authority (FCA) for breaching a regulatory requirement. The fine is a result of CBPL’s failure to comply with a rule that prevented it from offering services to high-risk customers.CBPL, part of the Coinbase Group, operates a global cryptoasset trading platform. While CBPL itself does not handle cryptoasset transactions, it facilitates customer access to these transactions through other Coinbase Group entities. The firm is not registered for cryptoasset activities in the UK.CBPL Breaches High-Risk LimitsIn October 2020, CBPL agreed to a voluntary requirement (VREQ) after discussions with the…
[ad_1] Following Kraken exchange’s recent distribution, Mt. Gox creditors have now been slated to receive the final batch of their long-awaited funds. Earlier today, Bitstamp, a renowned digital currency exchange, announced it will distribute the next batch of Bitcoin, Bitcoin Cash, and Ethereum to affected parties. The Payout Process Continues Bitstamp, a platform that ranks among the oldest in the cryptocurrency exchange sphere, disclosed that it would soon initiate the disbursing of digital assets to creditors of the defunct Mt. Gox exchange. On Wednesday, Bitstamp confirmed the receipt of significant amounts of Bitcoin, Bitcoin Cash, and Ethereum from the Mt.…
[ad_1] Even though the crypto market has been quite unstable, Ethereum Name Service (ENS) has been showing a lot of growth potential. ENS has shown it can bounce back with an almost 4% rise in the last week. Its success over the last 30 days has been even better, with a 15% increase. People think that the release of Ethereum ETFs will be a big part of making ENS more well-known and appealing. These ETFs are a big change in the world of cryptocurrencies, and they might get more investors interested. Related Reading As Ethereum ETFs become more popular, they…
[ad_1] Remonda Z. Kirketerp-Møller | Muinmos Remonda Z. Kirketerp-Møller | Muinmos Remonda Z. Kirketerp-Møller | Muinmos Remonda Z. Kirketerp-Møller | Muinmos Remonda Z. Kirketerp-Møller | Muinmos Remonda Z. Kirketerp-Møller | Muinmos In our discussion with Rhonda K. Müller, CEO of Muinmos, during iFX EXPO International, she covered regulatory changes impacting the trading industry, particularly focusing on new frameworks like MICA and Dora. She highlights the positive effects of regulation, such as increased order and transparency, and predicts that these changes will ignite more competition in the crypto market. Rhonda also touches on the rising trend of prop trading and anticipates…