Finance

The creator of Ethereum, Vitaly Buterin, published on GitHub a proposal on changing the reward scheme to validators after the transition to the second most capitalized cryptocurrency to the Proof-of-Stake consensus mechanism (PoS). According to the formula proposed by Buterin, if PoS-validators, for example, fix 1,000,000 ETH, then the annual yield will be 18.1%. The more assets are fixed for validation, the lower the interest rate. So, […]

France will contribute to the promotion of blockchain technologies, considering them as a means of countering the monopolies of financial giants, said Finance Minister Bruno Le May at Paris Blockchain Week. It is reported by France 24. He noted that France has already prepared legal, fiscal and accounting regulatory frameworks for managing cryptocurrency fundraising as a basis for developing the blockchain economy. “Blockchain protocols […]

Malta-based crypto Exchange OKEx has added support for three fiat currencies to its p2p platform — the Russian ruble, the euro, and the Turkish lira. Reports about it Finance Magnates. According to representatives of OKEx, the decision to expand the list of supported Fiat assets is dictated by the growing demand for digital assets on a global scale. “We are pleased with the expansion of our platform and the fact that trading in digital […]

On Sunday, April 7, the Peacemaker Center (a site positioning itself as an “Internet site for the Center for the Study of Crimes against the Fundamentals of Ukraine’s National Security, Peace, Citizens' Security”) published an appeal to the National Security Council, the Security Service of Ukraine and the Verkhovna Rada, which states that The presidential candidate of Ukraine, Vladimir Zelensky, received funds to finance the election campaign from the Russian special services and the […]

The G-20 member countries will gather on June 8-9 in the Japanese city of Fukuoka to discuss issues of international regulation of the cryptoindustry. It is reported by the Cointelegraph, citing a local source Kyodo. The meeting will be attended by finance ministers and heads of central banks of G20 countries. The main purpose of the event will be to create a legal framework for countering money laundering and the financing of terrorism with […]

Venture capital firm Pantera Capital, leading in the cryptocurrency industry, raised $ 160 million for the investment project Venture Fund III. So, the company did not reach the goal of $ 175 million, but decided to stop raising funds until the end of the month. NOW AVAILABLE: Our March # Blockchain Letter, Block Reward Halving and Venture Fund III Closinghttps: //t.co/vUjXVOMYHv pic.twitter.com/F1XMqpzHOx – Pantera Capital (@PanteraCapital) March 26 […]

The Financial Services Agency of Japan (FSA) has registered the Bitcoin exchange of local retail giant Rakuten. The launch of the new Rakuten Wallet site will take place in April. On March 25, the #Japan #FSA approved two additional #crypto #cryptocurrency exchanges, #DeCurret and @RakutenToday #Wallet. #Rakuten had acquired “Minna no Bitcoin” in August 2018, and […] [pic.twitter.com/9vPqfJyxtb – Tokyo].

Social investment platform eToro acquired Danish blockchain-startup Firmo, according to a press release. Firmo develops smart contracts for derivatives that can be supported by “any popular blockchain”, including Ethereum, NEO or EOS. In addition, the company is developing a smart contract language FirmoLang. According to Yoni Assia, the CEO and co-founder of eToro, the acquisition of Firmo will help the company to develop tokenized assets. “Blockchain and tokenization […]

Platform Predictor Startup Numerai raised $ 11 million during the private sale of NMR tokens. A round of financing led Paradigm and Placeholder Capital cryptocurrency hedge funds, writes CoinDesk. According to Paradigm co-founder Fred Erom, Numerai has attracted attention with proven monetization practices. The funds raised will be invested by the startup into the development of a decentralized Erasure platform, with the help of which users will be able to directly link […]