FTX Ventures led the seed round alongside Y Combinator, Coinbase Ventures, Protocol Labs and Huobi Ventures, and Third Kind SAN FRANCISCO, July 27, 2022 /PRNewswire/ -- Coinfeeds (or "the Company") today announced that it has raised a $2M seed round led by FTX Ventures, Coinbase Ventures, Protocol Labs (IPFS / Filecoin), Huobi Ventures, and startup accelerator Y Combinator. Coinfeeds give users the ability to monitor the social media mentions and activity of web3 and NFT projects which is ben...

FTX Ventures led the seed round alongside Y Combinator, Coinbase Ventures, Protocol Labs and Huobi Ventures, and Third Kind SAN FRANCISCO, July 27, 2022 /PRNewswire/ -- Coinfeeds (or "the Company") today announced that it has raised a $2M seed round led by FTX Ventures, Coinbase Ventures, Protocol Labs (IPFS / Filecoin), Huobi Ventures, and startup accelerator Y Combinator. Coinfeeds give users the ability to monitor the social media mentions and activity of web3 and NFT projects which is ben...

Stablecoin projects need to take a more collaborative approach to grow each other’s liquidity and the ecosystem as a whole, says Sam Kazemian, the founder of Frax Finance. Speaking to Cointelegraph, Kazemian explained that as long as stablecoin “liquidity is growing proportionally with each other” through shared liquidity pools and collateral schemes, there won’t ever be true competition between stablecoins. Kazemian’s FRAX stablecoin is a fractional-algorithmic stablecoin with parts of its s...

Stablecoin projects need to take a more collaborative approach to grow each other’s liquidity and the ecosystem as a whole, says Sam Kazemian, the founder of Frax Finance. Speaking to Cointelegraph, Kazemian explained that as long as stablecoin “liquidity is growing proportionally with each other” through shared liquidity pools and collateral schemes, there won’t ever be true competition between stablecoins. Kazemian’s FRAX stablecoin is a fractional-algorithmic stablecoin with parts of its s...

New York-based investment banking giant Moelis & Co. has launched a Global Blockchain Group that will provide advisory services to blockchain and crypto firms. The group is being fronted by Moelis & Co. co-founder John Momtazee and supported by a team of senior bankers that have significant experience in advising blockchain companies, according to the firm. Momtazee, based in Los Angeles, is also the global head of media investment banking at the company and was previously the managing direct...

New York-based investment banking giant Moelis & Co. has launched a Global Blockchain Group that will provide advisory services to blockchain and crypto firms. The group is being fronted by Moelis & Co. co-founder John Momtazee and supported by a team of senior bankers that have significant experience in advising blockchain companies, according to the firm. Momtazee, based in Los Angeles, is also the global head of media investment banking at the company and was previously the managing direct...

The Bank of Central African States, or Banque des États de l'Afrique, which serves Cameroon, the Central African Republic, Chad, Equatorial Guinea, Gabon, and the Republic of the Congo, could be closer to releasing a central bank digital currency reportedly at the urging of its board. According to a Friday report from Bloomberg, the board sent an email calling for the regional bank to introduce a digital currency in an effort to modernize payment structures and promote regional financial...

The Bank of Central African States, or Banque des États de l'Afrique, which serves Cameroon, the Central African Republic, Chad, Equatorial Guinea, Gabon, and the Republic of the Congo, could be closer to releasing a central bank digital currency reportedly at the urging of its board. According to a Friday report from Bloomberg, the board sent an email calling for the regional bank to introduce a digital currency in an effort to modernize payment structures and promote regional financial...

The University of Tokyo, also known as Todai is set to offer a range of study programs later this year that will take place in the Metaverse. According to a July 23 report from local news outlet The Asahi Shimbun, the courses will be offered to students ranging from high school to adult learners in the workforce. The publication stated that the Metaverse study programs will not be delivered via its own dedicated faculty that offers degrees, but will instead operate under Todai’s faculty of En...

The University of Tokyo, also known as Todai is set to offer a range of study programs later this year that will take place in the Metaverse. According to a July 23 report from local news outlet The Asahi Shimbun, the courses will be offered to students ranging from high school to adult learners in the workforce. The publication stated that the Metaverse study programs will not be delivered via its own dedicated faculty that offers degrees, but will instead operate under Todai’s faculty of En...

The Crypto Council for Innovation, or CCI, a crypto advocacy group that establishes dialogues with governments and regulatory agencies on the benefits of crypto, has hired two new experts with experience in financial regulatory policy in the United States. In a Tuesday announcement, the CCI said Linda Jeng, a former Federal Reserve Board and Treasury Department employee, and Brett Quick, former deputy chief of staff for House Financial Services Committee chair Emeritus Spencer Bachus, would b...

The Crypto Council for Innovation, or CCI, a crypto advocacy group that establishes dialogues with governments and regulatory agencies on the benefits of crypto, has hired two new experts with experience in financial regulatory policy in the United States. In a Tuesday announcement, the CCI said Linda Jeng, a former Federal Reserve Board and Treasury Department employee, and Brett Quick, former deputy chief of staff for House Financial Services Committee chair Emeritus Spencer Bachus, would b...

The ongoing cryptocurrency bear market has triggered a massive decline in Bitcoin (BTC) mining profitability as BTC mining expenses outpace the price of Bitcoin. Closely tied to the drop in the BTC price, Bitcoin mining profitability has been tanking since late 2021 and reached its lowest multi-month levels in early July 2022. According to data from crypto tracking website Bitinfocharts, BTC mining profitability tumbled to as low as $0.07 per day per 1 terahash per second (THash/s) on July 1,...

The ongoing cryptocurrency bear market has triggered a massive decline in Bitcoin (BTC) mining profitability as BTC mining expenses outpace the price of Bitcoin. Closely tied to the drop in the BTC price, Bitcoin mining profitability has been tanking since late 2021 and reached its lowest multi-month levels in early July 2022. According to data from crypto tracking website Bitinfocharts, BTC mining profitability tumbled to as low as $0.07 per day per 1 terahash per second (THash/s) on July 1,...

There are many more things that can be built within the blockchain space, and the good news is that members of the community know what they are, said Tegan Kline, the co-founder at Edge & Node, the initial team behind The Graph (GRT). In a Cointelegraph interview, Kline discussed the crypto winter and made suggestions on what the community members should focus on while the markets are down. According to the Web3 executive, the community should stick to its core values and stay determined to d...

There are many more things that can be built within the blockchain space, and the good news is that members of the community know what they are, said Tegan Kline, the co-founder at Edge & Node, the initial team behind The Graph (GRT). In a Cointelegraph interview, Kline discussed the crypto winter and made suggestions on what the community members should focus on while the markets are down. According to the Web3 executive, the community should stick to its core values and stay determined to d...

The Tezos developer event TezDev, on the side of EthCC, kicked off with over 400 registrants for the three days of talks, networking, and live-coding events. The developer event takes place on the heels of new plans from Tezos core developers introducing WASM and EVM optimistic rollups. Furthermore, Tezos core developers announced plans to hit 1,000,000 transactions per second (tps) by mid-2023. During a talk titled “Scaling Tezos with Rollups” by software engineers Yann Regis-Gianas, Nomadic...

The Tezos developer event TezDev, on the side of EthCC, kicked off with over 400 registrants for the three days of talks, networking, and live-coding events. The developer event takes place on the heels of new plans from Tezos core developers introducing WASM and EVM optimistic rollups. Furthermore, Tezos core developers announced plans to hit 1,000,000 transactions per second (tps) by mid-2023. During a talk titled “Scaling Tezos with Rollups” by software engineers Yann Regis-Gianas, Nomadic...

Bitcoin (BTC) price rallied toward $24,200 on July 28 after a near-10.5% surge that began a day earlier. The gains appeared after Federal Reserve Chairman Jerome Powell signaled intentions to slow down the Fed's prevailing tightening spree. This prompted some Bitcoin analysts to predict short-term upside continuation, with pseudonymous analyst CryptoHamster seeing BTC at $26,000 next. But BTC's potential to recover entirely from its ongoing bearish slumber appears low for at least t...

Bitcoin (BTC) price rallied toward $24,200 on July 28 after a near-10.5% surge that began a day earlier. The gains appeared after Federal Reserve Chairman Jerome Powell signaled intentions to slow down the Fed's prevailing tightening spree. This prompted some Bitcoin analysts to predict short-term upside continuation, with pseudonymous analyst CryptoHamster seeing BTC at $26,000 next. But BTC's potential to recover entirely from its ongoing bearish slumber appears low for at least t...

Ethereum's native token Ether (ETH) has rebounded 40% against Bitcoin (BTC) after bottoming out locally at 0.049 on June 13. Now, the ETH/BTC pair is at two-month highs and can extend its rally in the coming weeks, according to a classic technical pattern.ETH paints cup and handle patternSpecifically, ETH/BTC has been forming a "cup and handle" on its lower-timeframe charts since July 18. A cup and handle setup typically appears when the price falls and then rebounds in what appears to b...

Ethereum's native token Ether (ETH) has rebounded 40% against Bitcoin (BTC) after bottoming out locally at 0.049 on June 13. Now, the ETH/BTC pair is at two-month highs and can extend its rally in the coming weeks, according to a classic technical pattern.ETH paints cup and handle patternSpecifically, ETH/BTC has been forming a "cup and handle" on its lower-timeframe charts since July 18. A cup and handle setup typically appears when the price falls and then rebounds in what appears to b...

The International Monetary Fund (IMF)'s director of capital markets believes there could be further failures of "coin offerings," including algorithmic stablecoins amid the ongoing crypto winter. In the interview with Yahoo Finance on July 27, Tobias Adrian, director of monetary and capital markets for the IMF stated that there could be further failures of some coin offerings, in particular algorithmic stablecoins:“We could see further selloffs, both in crypto assets and in risky asset m...

The International Monetary Fund (IMF)'s director of capital markets believes there could be further failures of "coin offerings," including algorithmic stablecoins amid the ongoing crypto winter. In the interview with Yahoo Finance on July 27, Tobias Adrian, director of monetary and capital markets for the IMF stated that there could be further failures of some coin offerings, in particular algorithmic stablecoins:“We could see further selloffs, both in crypto assets and in risky asset m...