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☆ EXCLUSIVE: Microsoft's venture arm led this Web3 startup's $20 million funding round. Check out the 14-slide pitch deck the company used to raise.
  + stars: | 2022-09-27 | by ( Morgan Chittum | ) www.businessinsider.com   time to read: +3 min
Space and Time, a Web3 startup, announced a $20 million funding round on Tuesday. Check out the 14-slide pitch deck the startup used to raise in this Insider exclusive. Space and Time, a decentralized data platform, secured a $20 million raise, led by Microsoft's venture arm. Check out the 14-slide pitch deck the startup used to raise in this Insider exclusive. Space and TimeSpace and TimeSpace and TimeSpace and TimeSpace and TimeSpace and TimeSpace and TimeSpace and TimeSpace and TimeSpace and TimeSpace and TimeSpace and Time
☆ Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge
  + stars: | 2022-09-20 | by ( Medha Singh Lisa Pauline Mattackal | Medha Singh | Lisa Pauline Mattackal | ) www.reuters.com   time to read: +5 min
The Ethereum blockchain's mega-upgrade finally went live on Sept. 15, moving it to a less energy-intensive "proof of stake" (PoS) system with hardly a hiccup. Some crypto investors are now turning their attention to the next event that could shake up prices. It would allow validators, who have deposited ether tokens on the blockchain in exchange for a yield, to withdraw their staked coins, to hold or sell. Longer-term, though, the switch to PoS is expected to decrease the rate at which ether tokens are issued - potentially by up to 90% - which should drive up prices. Additionally, annual yields of 4.1% for staking ether tokens to validate transactions could prove tempting for investors.
☆ Crypto’s bear market is unlike others before it. This time the Fed's steering the ship
  + stars: | 2022-09-20 | by ( Tanaya Macheel | ) www.cnbc.com   time to read: +17 min
In any other year, the bitcoin price would have skyrocketed after the BlackRock announcement, but it didn't. Bitcoin hit its all-time high on Nov. 8, less than a week after the Fed first introduced the tapering . "Bitcoin OGs want to believe that it's a risk-off asset – that's a long-term trajectory," said Burak Tamac, senior researcher at CryptoQuant. It's bitcoin that's received so much hostility about being environmentally unfriendly, but myths about the cryptocurrency's environmental impact are slowly being debunked . Beyond bitcoin, crypto remains just a little too out of reach for many.
☆ How crypto billionaire Sam Bankman-Fried survived the market wreckage and still expanded his empire
  + stars: | 2022-09-16 | by ( Kate Rooney | ) www.cnbc.com   time to read: +11 min
FTX also extended $500 million to struggling Voyager Digital, which later declared bankruptcy, and was in discussions to acquire South Korean crypto exchange Bithumb. While Bankman-Fried's cryptocurrency exchange FTX is suffering from the downturn in digital assets, he said market share growth helped offset the pain. FTX Trading Ltd. is headquartered in Antigua, with FTX Derivatives Markets based in the Bahamas, where Bankman-Fried lives. FTX Trading has acquired companies in Switzerland, Australia, Cyprus, Germany, Gibraltar, Singapore, Turkey and the United Arab Emirates, among other countries. watch nowLike Buffett, Bankman-Fried signed the Giving Pledge: a promise by the world's wealthiest individuals to donate the majority of their wealth to charity.
☆ Ethereum's massive software upgrade just went live — here's what it does
  + stars: | 2022-09-15 | by ( Mackenzie Sigalos | ) www.cnbc.com   time to read: +8 min
The overhaul to the ethereum network fundamentally alters the way the blockchain secures its network and verifies transactions. But with the upgrade, ethereum has migrated to a system known as proof-of-stake, which swaps out miners for validators. "But the network as a whole — because of the redundancy across all this different software — will very likely be stable and fine." The rewards for validators are much smaller than those that went to proof-of-work miners, meaning that less ether will be minted as a result of this upgrade. Next few hours, days are keyThe next few hours and days will be key to gauging the health of the ethereum network post upgrade.
☆ The 'merge' has arrived — Wednesday is your last chance to buy ether before historic makeover
  + stars: | 2022-09-14 | by ( Mackenzie Sigalos | ) www.cnbc.com   time to read: +7 min
While analysts say that anticipation around the merge has helped pump up the price, some experts see the real upside coming after the merge takes place. watch nowJuicing institutional interestWith the upgrade, ethereum won't become faster, cheaper or more scalable. Research firm Fundstrat wrote in a note that a successful merge would cement ethereum as the "premier blockchain network." The bitcoin network experiences a similar type of supply reduction roughly every four years. WATCH: Bitcoin falls below $19,000 as Ethereum upgrade kicks into full gear
☆ Head of crypto strategy at Checkout.com discusses cryptocurrency
  + stars: | 2022-09-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe ethereum 'merge' is likely to renew confidence in ecosystem, says Checkout.com crypto strategistJess Houlgrave, head of crypto strategy at Checkout.com, says there's been an increase in the number of wallet addresses on most of the major "layer one" blockchains.
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