DeepDAO launches the first-ever DAO-specific search engine
DeepDAO, a data collector and analytics tool, has developed the DAO ecosystem’s first dedicated search engine. It’s getting increasingly difficult to manage this complicated, growing environment, with over 4,100 DAOs and 1.6 million people owning governance tokens. DeepDAO’s unique search engine was created to make it simple for individuals involved in the DAO ecosystem to […]
Silvergate Enters the Unsuccessful Diem Project With a $200 Million Offer
Silvergate Bank rescues Diem, also known as Facebook Coin, by purchasing the assets of the failed project. Diem’s debut was earlier thought to be contingent on receiving regulatory permission in the United States by Facebook founder Mark Zuckerberg. In a news release issued on Monday, Diem CEO Stuart Levey claimed that officials had turned down the proposal. “it nevertheless became clear from our dialogue with federal regulators that the project could […]
Diem was a Waste of Time, Meta Should’ve Focused on BTC says Twitter Founder
Many of Meta’s products, like Facebook Messenger, Instagram, and WhatsApp, would benefit from easier access to BTC stated Jack Dorsey. On Tuesday, MicroStrategy CEO Michael Saylor spoke with Dorsey about how businesses might integrate and use Bitcoin at his company’s “Bitcoin for Corporations 2022” conference (BTC). Should Facebook Focus on Meta ? Although Facebook launched Diem for “the right motives,” Dorsey believes it should have instead chosen an open-ended technology like […]
DeFi ranks first in Coinbase Ventures’ 2021 portfolio breakdown
In 2021, Coinbase Ventures associate Connor Dempsey published a portfolio breakdown, revealing that DeFi was tied with centralized finance as the top category. Coinbase Ventures is the venture capital arm of Coinbase, the world’s largest cryptocurrency exchange. According to Dempsey’s post, the firm made just under 150 new deals in 2021, bringing its total portfolio […]
Hong Kong Regulators Clamp Down on Investing in Spot Crypto ETFs
The new Hong Kong laws protect investors by limiting the selling of spot ETF products to professional investors. Hong Kong’s financial regulators have issued new guidelines for intermediaries who want to sell clients virtual asset-linked products like exchange-traded funds (ETFs). The new rules target products such as spot ETFs , which track the current price of […]