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Crypto Pioneer Criticizes FTX CEO SBF for Damaging Industry Credibility

• FTX declared bankruptcy in the fall of 2020 after not having enough reserves to cover client withdrawals. • Emin Gün Sirer, CEO and founder of Ava Labs, believes that the damage done by Sam Bankman-Fried's actions is immeasurable as they have pushed the industry back. • Sam Bankman-Fried was arrested and charged with fraud and money laundering for suspected misappropriation of billions of dollars in client funds. Collapse of FTX Last autumn, FTX declared bankruptcy since it did not have sufficient reserves of client funds to satisfy withdrawals, damaging the credibility and trustworthiness of the young crypto industry. Ava...
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Ukraine Launches Digital Hryvnia Pilot in 2023: Get Ready!

• Ukraine has announced that it will be launching its digital hryvnia currency by the end of 2023, which is earlier than the initial proposed date of 2024. • The government has chosen the Stellar Development Foundation as a partner for this pilot phase. • Mykhailo Fedorov, the minister in charge of Ukraine’s digital transformation, has said that he is pushing for an expedited timeline on creating this electronic hryvnia (e-hryvnia). Ukraine Prepones Pilot Launch of Digital Hryvnia To 2023 Ukraine's Ministry of Digital Transformation and the National Bank of Ukraine (NBU) have decided to move up the launch date...
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Binance Powers Up Security with zk-SNARKs Proof-of-Reserve System

• Binance, a cryptocurrency exchange, announced on February 10th that it will be using zk-SNARKs as part of its proof-of-reserves verification system. • This new technology should greatly increase the safety and openness of the verification procedure while keeping sensitive information private. • Binance CEO Changpeng Zhao believes this upgrade will provide users with increased privacy and security. Binance Introduces zk-SNARKs Binance, a cryptocurrency exchange, stated on February 10 that it will be using zk-SNARKs as part of its proof-of-reserves verification system. This cutting-edge technology should greatly increase the safety and openness of the verification procedure while keeping sensitive information...
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WisdomTree’s Crypto Holdings Plunge Over 60% In 2022 Q4

• WisdomTree’s crypto holdings decreased by 60% in Q4 of 2022. • The drop in value was due to the bear market in Bitcoin and other cryptocurrencies. • Despite a rise in quarterly income, WisdomTree reported a net loss of $28.3 million. WisdomTree's Crypto Holdings Drop Over 60% The prolonged bear market in Bitcoin and other cryptocurrencies led to a dramatic decrease in the value of WisdomTree's digital asset holdings in the fourth quarter of 2022. As of December 31, 2022, the total value of the cryptocurrency funds managed by WisdomTree was $136 million - down from $163 million at...
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Brazil Recognizes Blockchain Technology for Government Operations

• Brazil's Sao Paulo has adopted a new law recognizing blockchain technology as a tool for government operations. • The law acknowledges the potential of blockchain to improve data accessibility and openness. • The law's author, Maria De Carli, defended the broad terminology used to describe blockchain technology in the text. Brazil's Sao Paulo has recently adopted a new municipal data and transparency law that recognizes blockchain technology as a tool that may be utilized to facilitate government operations. This is an important step towards the recognition of blockchain technology as a tool that may be used by governments to...
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3HOUSE Launches Campfire Initiative: Deep Dive Into Web3 Investment Principles

• 3HOUSE, a leading Web3 investment community, recently introduced the “Campfire” initiative - a comprehensive deep dive into Web3 investment principles. • The Campfire initiative is designed to help investors gain a deeper understanding of the industry and make more informed investment decisions. • The 3HOUSE platform is available as a web app and users are limited to one unique account. The 3HOUSE Web3 Investment Community recently announced its new initiative to provide comprehensive "deep dives" into the Web3 industry - the "Campfire" initiative. With this new program, 3HOUSE aims to bring investors closer to the core principles of Web3...
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Tencent Challenges ByteDance’s Dominance in Short Video Platforms

• Tencent, a Chinese multinational and entertainment company, is challenging ByteDance's dominance in the short video platform with its own TikTok. • Tencent has created a team of content creators to launch its own version of TikTok, which is already available in the Chinese market. • Tencent is promoting its app's short-video platform through events such as live-streamed concerts featuring the Backstreet Boys, Westlife, and Taiwan's Jay Chou. Tencent Holdings, a Chinese multinational and entertainment company, is making a push to challenge ByteDance's dominance in the short video platform market with its own version of TikTok. The tech giant has...
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Wyre Removes Withdrawal Cap, Secures Additional Funding From Strategic Partner

• Wyre has removed its withdrawal cap after securing additional funding from a strategic partner. • The crypto payment platform had imposed a 90% withdrawal limit on its users and had laid off 75 employees. • The CEO of Wyre noted that the firm was scaling back operations to plan its next steps. Wyre, a crypto payment platform, recently removed its withdrawal cap after securing additional funding from a strategic partner. This comes after the company announced that it was imposing a 90% withdrawal limit on its users and laid off 75 employees. The crypto winter had put the company...
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Bitcoin Profit Erfahrungen – Die unglaubliche Geschichte von Ethereum, “The Infinite Machine”

Fünf Jahre nach seiner Einführung enthüllt Camila Russo die spektakuläre Geschichte der zweitgrößten Blockchain der Welt. Die Autorin Camila Russo dokumentierte die Geschichte der Bitcoin Profit Gründung und Einführung von Ethereum, das Wachstum der Kryptowährung und die Rolle von Ethereum in der Zukunft des Internets. Bitcoin Profit Erfahrungen - Sorgfältig recherchiert und geschickt verwandt, zeichnet das Buch eine erstaunliche Leistung auf, die sich noch entfaltet Fünf Jahre nach dem Start von Etherum schreibt die Blockchain-Plattform buchstäblich Geschichte. Die erste veröffentlichte Geschichte von Ethereum, The Infinite Machine , erscheint heute in den Regalen der Bitcoin Profit Buchhandlungen. Es wurde von der...
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Bitcoin Era Erfahrungen – VMware tritt Samsung, Salesforce, als Investor in die Series C-Finanzierungsrunde von Digital Asset bei

Das Blockchain-Unternehmen Digital Asset gab am Dienstag bekannt, dass VMware in die Finanzierungsrunde der Serie C des Unternehmens investiert. In einer Ankündigung auf seiner Website teilte Digital Asset mit, dass VMware als Investor in die im Dezember angekündigte Finanzierungsrunde des Bitcoin Era Unternehmens der Samsung Venture Investment Corporation und Salesforce Ventures beigetreten sei . Bitcoin Era Erfahrungen - Brandon Howe, Vice President und General Manager von VMware Blockchain, ist ebenfalls Mitglied des Board of Directors von Digital Asset Digital Asset wurde ursprünglich als privater Blockchain-Anbieter für Finanzinstitute vermarktet und hat seinen Fokus auf Bitcoin Era verlagert, eine Open-Source-Plattform für den...