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Crypto.com expands venture capital fund to $500 million, focusing on gaming, DeFi and cross-chain tracks

ingram-2@newsletter.paragraph.com (Ingram) — Fri, 21 Jan 2022 04:03:00 GMT

On January 18, Crypto.com announced the expansion of its venture capital fund to $500 million, aiming to more actively support early-stage Web3 startups and help the nascent ecosystem grow. Crypto.com partner Jon Russell said that Crypto.com will focus broadly on startups innovating in gaming, DeFi and cross-chain solutions.

Vitalik Buterin: Study Shows EIP-1559 Dramatically Reduces Transaction Wait Times

ingram-2@newsletter.paragraph.com (Ingram) — Fri, 21 Jan 2022 04:02:18 GMT

On January 18, Ethereum founder Vitalik Buterin forwarded and liked a research report on EIP-1559 written by researchers from Peking University and Duke University on his social networking site. The report concludes that EIP-1559 significantly reduces Ethereum transaction latency. Meanwhile, EIP-1559 did not reduce transaction fee levels during the observation period, but it made it easier to implement user fee estimates.

Guotai Junan: The digital renminbi function may be added to the third-generation social security card

ingram-2@newsletter.paragraph.com (Ingram) — Fri, 21 Jan 2022 04:01:41 GMT

On January 18, according to the latest research report published by Guotai Junan, social security cards may become one of the forms of digital RMB hardware wallets. Digital RMB has two forms: software wallet and hardware wallet. The software wallet is the "digital RMB" wallet, which exists in the form of a mobile app and has been put on the mobile app store in the near future. The hardware wallet refers to the wallet that exists in the form of "chip", and the social security card may become a kind of hard wallet. Secondly, in the form of digital renminbi, the central bank may launch monetary policy tools that directly reach the real economy, such as targeted poverty alleviation. Since the social security card is directly tied to the personal identity, it is expected to become a best practice tool. (Wall Street News)

Guotai Junan: The digital renminbi function may be added to the third-generation social security card

ingram-2@newsletter.paragraph.com (Ingram) — Fri, 21 Jan 2022 04:01:33 GMT

Charles Schwab CEO: Cryptocurrencies are 'hard to ignore' and 'pretty important'

ingram-2@newsletter.paragraph.com (Ingram) — Fri, 21 Jan 2022 01:53:34 GMT

On January 21, Charles Schwab CEO Walt Bettinger (Walt Bettinger) rarely disclosed his views on the emerging asset class of cryptocurrencies in an interview with Bloomberg, he believes that cryptocurrencies are "hard to ignore", they "Quite important" in today's world, while he also said: "We have many ways today for clients to invest in cryptocurrencies. We do not offer direct trading. If from a regulatory point of view, if the opportunity arises, we will welcome this opportunity." Charles Schwab is one of the world's largest financial services companies, with more than $7.5 trillion in assets under management and approximately $11.69 billion in corporate revenue. Its services include banking and investment and wealth management consulting.