The Gibraltar-based company said the move was prompted by rising consumer interest and trading volumes in the nation after a ban on banking services for cryptocurrency firms was lifted.
The cFund will invest anywhere between $250,000 and $500,000 into startups and small businesses using Cardano or IOHK tech initiatives.
It has been an exciting week for Cardano, with the ongoing rollout of the Shelly public mainnet electrifying the ADA community and sending the token’s price rocketing higher.
The post Charles Hoskinson: Cardano’s code is the “highest quality” seen in the crypto space appeared first on CryptoSlate.
Police said the man is the first to be charged under the Multi-Level Marketing and Pyramid Selling (Prohibition) Act.
Popular non-custodial wallet MetaMask announced it will roll out a Version 8 update for the wallet in the coming weeks, promising increased privacy, a better UI, and other user-centric features.
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The move comes at a time when traders are seeking alternative sources of capital value during an “uncertain macroeconomic climate.”
If you’ve followed the crypto market over the past months, you’ve likely noticed what many others have: a majority of the best-performing altcoins are based on decentralized finance (DeFi).
The post VC argues DeFi isn’t a bubble as Chainlink, Compound and more go parabolic appeared first on CryptoSlate.
Bitcoin, and the cryptocurrency market, has largely traded in a tight price band since an initial rise in early-2020. Fund managers have taken note and are actively considering BTC as a hedge against global markets.
The post Fund strategists: The internet’s craziest traders will bring volatility back to Bitcoin appeared first on CryptoSlate.
Cardano’a parent company IOHK started off the Shelley Virtual Summit with 5 major announcements, unveiling some of the innovations that were made possible by the public mainnet launch of Shelley, including its identity solution PRISM, a new model for governance on Voltaire, as well as a $20 million fund aimed at dApp development on Cardano.
The post Cardano starts off first day of Shelley Virtual Summit with 5 new announcements appeared first on CryptoSlate.
Chinese police are stepping up efforts in cracking down on illegal economic activities, which now leads to crypto over-the-counter (OTC) traders being detained to assist investigations.