BLOCKCHAIN

 


Blockchains incorporate several important features such as immutability, encryption and distributed storage, which combined makes secure peer-to-peer transactions possible and in turn has created the means to end human dependence on credit and thus credit intermediaries. Due to these features, blockchain has been referred to as ‘the Trust Machine’ and is forecasted to transfer the trust from agencies and institutions which are enforced by law to machine-based networks guaranteed by technology and mathematics.

RISC Zero Raises $12m in Seed Round Led by Bain Capital Crypto
RISC Zero, a startup that creates scalable blockchains with zero-knowledge (zk) technology, announced that it had raised a $12 million seed round led by Bain Capital Crypto.
CoinFLEX Files for Restructuring in Seychelles
CoinFLEX expects the restructuring plan will bolster the company’s operations. The firm wants its depositors and the court to approve the arrangement that will see it issue its depositors' recovery value USD tokens.
Hong Kong Can Serve Global Community through Web 3 Involvement: Ex-Financial Secretary
John Tsang, the ex-financial secretary, said that the virtual economy would be important to Hong Kong, encouraging the young generation to be active through web 3 involvement and technology adoption.
Mercado Libre to Continue Crypto Trading Expansion in Brazil
Argentine-listed retail giant Mercado Libre has announced that it will continue to expand its cryptocurrency trading operations to Brazil through a digital wallet called Mercado Pago.
Rising Use of Metaverse Could Pose Systemic Risk, Says Bank of England
Staffers at the Bank of England have announced that the rise of metaverse may cause a systemic risk to financial stability. The researchers said that would require strong consumer protection frameworks.
Messari in Talks for New Funding Round That Could Raise Valuation to $300M
Blockchain data analytics startup, Messari is reportedly in talks with investors to pull new funding that can push its market valuation to $300 million.
CreatorDAO Community Raises $20M in Seed Fund
CreatorDAO, a decentralized autonomous organization, announced that it raised $20 million in a seed round led by Andreessen Horowitz and Initialized Capital.
Is there a recession coming in 2022? How will it affect crypto?
As we transition into these uncertain times, it’s important to understand not only what’s going on in the market, but also how the economy as a whole is changing, and to what safe havens we may retreat to restore some stability
Is there a recession coming in 2022? How will it affect crypto?
As we transition into these uncertain times, it’s important to understand not only what’s going on in the market, but also how the economy as a whole is changing, and to what safe havens we may retreat to restore some stability
Crypto Weekly Inflows Have Topped $500M for Six Consecutive Weeks: CoinShares
Inflows into crypto investment products have been experiencing an uptick for six consecutive weeks, topping $500 million, according to a report by market insight provider CoinShares.

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