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Worldcoin, Now Valued at $1B, Has Grand Plans to Get You to Gaze Into the Orb
Former Y Combinator President Sam Altman’s Worldcoin has raised $25 million from investors including Andreessen Horowitz (a16z) and Coinbase Ventures. Valued at $1 billion, the project bets billions of people will line up to gaze into “The Orb” in exchange for crypto, which over 130,000 users already have.
Crypto OG Amir Taaki Announces DeFi Platform 'DarkFi' That Prioritizes Privacy
Amir Taaki, an early bitcoin developer and inventor of Dark Wallet, has announced a new DeFi project called "DarkFi" that prioritizes privacy. "The Hash" hosts discuss the outlook for the "democratic economic experiment" and the possible implications for user protection.
FTX Raises Over $420M in Series B-1 Funding Round
Following a $900 million mega-round earlier this year, Sam Bankman-Fried’s crypto exchange FTX has raised $420,690,000 in a Series B-1 funding round, valuing the firm at $25 billion. Sixty-nine investors, including BlackRock and Tiger Global, joined the fast-growing crypto conglomerate.
Houston Firefighters Pension Fund Becomes First US Pension Fund to Invest in Bitcoin, Ether
A pension fund for firefighters in Houston has made a purchase in bitcoin and ether facilitated by bitcoin investment firm NYDIG. The Houston Firefighters’ Relief and Retirement Fund’s (HFRRF) purchase marks the first time a public pension plan in the U.S. has announced an investment in digital assets.
Chris Giancarlo: 'Crypto is A Solution to Old, Expensive, Exclusive Existing Legacy System'
As bitcoin hits a 6-month high following the first U.S. bitcoin futures ETF "BITO" rising since its Tuesday trading debut, Chris Giancarlo, former Chairman of the U.S. Commodity Futures Trading Commission (CFTC), discusses where BITO fits among the larger regulatory picture in the U.S. within the SEC, CFTC, and Congress. Plus, his views on stablecoins, state issues around crypto lenders, and more.
More Bitcoin Futures ETFs to Start Trading Tomorrow and Monday
VanEck will join ProShares in launching a bitcoin futures ETF next week. Valkyrie Investments' bitcoin futures ETF has also won the blessing of the U.S. Securities and Exchange Commission to start trading Friday. CoinDesk's Nikhilesh De discusses the outlook for the U.S. ETF landscape as three sponsors of bitcoin futures ETFs have cleared all regulatory hurdles.
Jacobi Asset Management Wins Approval to Launch Bitcoin ETF in Guernsey
Newcomer digital assets manager Jacobi Asset Management has won approval from regulators on the island of Guernsey to launch a physically backed bitcoin ETF. CEO Jamie Khurshid shares insights into the prospective listing, this week’s crypto market activity, and outlook for bitcoin.
A Look at Bitcoin ETFs in Canada
Canada launched ETFs linked to bitcoin futures and the spot price of bitcoin earlier this year. What can it inform the U.S. about its foray into bitcoin-linked ETFs? CoinDesk’s Galen Moore discusses the state of bitcoin ETFs in Canada, the implications for the demand for bitcoin long-term, and the potential impact on price movement.
Bitcoin Blasts Through $66K as Inflation Expectations Increase
Galaxy Digital has published a report on metrics showing the data behind the meteoric rise of bitcoin and the wider crypto markets. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Chainalysis Research Reveals 880% Rise in Global Crypto Adoption Rate
Blockchain data firm Chainalysis has released its 2021 Geography of Crypto Report that includes data on North America, Europe, East Asia, Latin America, and the Middle East, focusing on geographic trends in crypto adoption, usage, and regulation. Why did Vietnam rank #1 in the global crypto adoption index?