ConsenSys CEO Joseph Lubin confirmed the company would be cutting 96 of its staff to focus its resources on its core businesses.
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Category: mass-adoption
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Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn
On Tuesday, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 million. The company’s “HashKey Fintech Investment III” is dedicated to developing crypto solutions, blockchain technology, and Web3 concepts. Hashkey Capital’s Fund III to Focus on Web3, Emerging Markets and Crypto Solutions Amid […]Powered by WPeMatico
‘Ponzi Schemes Have Created a Negative Reputation for the Industry’ — Uganda Blockchain Advocate
Education and awareness campaigns are still viewed as important channels that draw people to cryptocurrencies and blockchain. This has been particularly true in some parts of Africa where bitcoin and other cryptocurrencies are proving to be a useful alternative to fiat currency. Blockchain Education and Advocacy From Uganda Despite a surge in the use of […]Powered by WPeMatico
More Needs to Be Done to Ensure Tanzanians Understand the Risks of Crypto Trading, Says Blockchain Educator
Tanzanians are embracing cryptocurrencies but more work still has to be undertaken in order to reduce the number of scams in the industry, a blockchain educator has said. In much of the year 2021, blockchain entities and proponents of the technology in Tanzania did much to bring this fintech to ordinary folks in that country. […]Powered by WPeMatico
Pandemic Drove Adoption but Information Dissemination Just as Important: Kenya-Based Blockchain Advocate
The adoption of blockchain technology and the use of cryptocurrencies by people in Africa surged to unprecedented levels in 2020. While many have attributed this to Covid-19, blockchain advocates believe their work is partly the reason many are turning to digital currencies. Importance of Education Starting in the first quarter of 2020, the adoption of […]Powered by WPeMatico
Fund Manager Bill Miller Says Bitcoin Is Not a Bubble — BTC Entering Mainstream as Demand Grows Faster Than Supply
Bill Miller, the founder and chief investment officer of Miller Value Partners, does not think bitcoin is a bubble. Instead, he said it is at the beginning of mainstream adoption. Remaining bullish on the cryptocurrency, the famed value investor explained that bitcoin’s price will rise as the demand for the crypto is growing faster than […]Powered by WPeMatico
Nigerian Blockchain Educator Says Uncertain Regulations and Scams Slow Adoption of Cryptocurrencies
With a population of over 200 million, Nigeria is widely regarded as one the biggest crypto markets in the world. Some in the crypto world believe Nigeria is one of the few countries better placed to see a greater acceptance of digital currencies. However, despite this optimism, the Nigerian crypto industry continues to be plagued […]Powered by WPeMatico
Paypal’s Crypto Embrace: Morgan Stanley Says Move Boon for Mass Adoption, Critics Say Payment Giant Violates Crypto Principles
The entry of Paypal into the cryptocurrency industry continues to expose the divide between traditional crypto space players who are less enthusiastic and non-crypto players who endorse the move. Non-crypto players like the analysts at Morgan Stanely are agreement with the notion that the payments giant’s move will lead to greater adoption cryptocurrencies. Nevertheless, the […]
The post Paypal’s Crypto Embrace: Morgan Stanley Says Move Boon for Mass Adoption, Critics Say Payment Giant Violates Crypto Principles appeared first on Bitcoin News.
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PR: BitCash Offers Fiat Banking Tools and Stability
BitCash – a new cryptocurrency ecosystem developed by blockchain engineer and serial entrepreneur Christian Kassler – launched on 28 August 2018. Combining traditional fiat banking tools and stability in one, BitCash seeks to be the world’s most useable, and most used, cryptocurrency.
The post PR: BitCash Offers Fiat Banking Tools and Stability appeared first on Bitcoin News.
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Bitcoin Cash Supporter Convinces Chess.com to Accept BCH for Memberships
The popular website Chess.com used to accept bitcoin, but like many other well-known merchants it dropped the BTC payment option. Now after some discussion with an avid Bitcoin Cash (BCH) proponent, the website is accepting BCH for payments for its diamond, platinum and gold memberships. Also Read: Report: Business Owner’s Seething Critique of the Lightning […]
The post Bitcoin Cash Supporter Convinces Chess.com to Accept BCH for Memberships appeared first on Bitcoin News.
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