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Ethereum Co-Founder Anthony Di Iorio on Shifting Away From Crypto Space
Ethereum co-founder Anthony Di Iorio is selling his current venture, Decentral, to start a philanthropic foundation in the next year, but some suggest he’s leaving the crypto industry for good. Di lorio clarifies although his focus has changed, he will “always” be involved.
CoinFund Targets ‘Early Mainstream Adoption’ With $83M Venture Fund
New York-based crypto venture firm CoinFund has headlined seven fundraising rounds so far this year in liquidity staking and blockchain gaming as part of an $83 million fund. CoinFund CEO Jake Brukhman discusses how the third fund, “Ventures,” is focused on “early mainstream adoption” and “taking blockchain mainstream.”
BlockFi Receives Cease and Desist Order From New Jersey Attorney General
Crypto lending platform BlockFi has received an order from New Jersey’s acting attorney general (AG) to halt its Interest Account (BIA) operations in the U.S. state. CoinDesk’s Nikhilesh De discusses the implications for BlockFi and its clients. Plus, his take on Circle’s breakdown of its assets backing the stablecoin USDC.
FTX Closes Record Fundraiser, China Mobile Gets Hot Wallet Patent
FTX closes record US$900 million Series B funding round. China Mobile gets hot wallet currency management system patent. DTravel’s decentralized home-sharing platform hits 200,000 listings. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Meet ‘Minds’, the Anti-Facebook Crypto Social Network That Pays for Your Time
Minds, an open-source decentralized crypto social network, gamifies social media and rewards users with the Ethereum-minted Minds token. Minds.com founder and CEO Bill Ottman discusses how it all works, stressing the importance of putting users first with incentives and rewards.
Yellen Urges Federal Agencies to ‘Act Quickly’ on Stablecoin Regulation
Treasury Secretary Janet Yellen convened a meeting Monday of the President’s Working Group on Financial Markets (PWG) to discuss stablecoins. CoinDesk’s Nikhilesh De shares the key takeaways, proposing the regulatory outcome. Plus, his take on Mastercard potentially testing USDC for payments.
Senators Urge E-CNY Ban, Russia Woos Crypto Miners
US Senators urge Team USA to ban the use of E-CNY. Russia woos crypto miners with green credentials, and street performers embrace digital payments. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Tether Co-Founder: ‘Tokenization of Fiat Will Happen’
Amid the explosive growth of stablecoins, Tether co-founder William Quigley discusses why stablecoins are here to stay. “Every fiat currency, globally, of any significant economy, will be tokenized,” Quigley said. “There’s a lot of people in crypto who need a safe harbor …
State of DeFi, Crypto Crackdowns in Thailand
Mukaya (Tai) Panich, Chief Venture and Investment Officer of SCB 10x, the technology and innovation arm of Thailand’s Siam Commercial Bank, discusses the state of crypto in Thailand on the heels of its SEC banning meme, fan, and exchange tokens, as well as NFTs. Plus, her take on bridging the gap between DeFi and TradFi.
Fifth Era Exec: The Blockchain Unicorns Emerging This Year
The blockchain industry’s growing list of unicorns, companies with over $1 billion in value, could signal the 2021 bull market is just getting started. Matthew Le Merle of blockchain venture fund Fifth Era discusses positive momentum for unicorns to emerge this year. Plus, which projects to avoid investing in.