Livepeer, an Ethereum-based network that helps startups add live and on-demand video to their products, has raised $20 million in a Series B extension funding round with backing from new investors Alan Howard and Tiger Global, as well as participation from existing investors. Source link … [Read more...] about Billionaire Alan Howard Joins Latest $20M Bet on Decentralized Video Network Livepeer
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Polkadot Is Deutsche Telekom’s Latest Crypto Experiment
While Polkadot will be the fourth blockchain Deutsche Telekom is working with, it is the first network T-Systems evaluated for running infrastructure, and has been on the firm’s radar from the beginning, said Andreas Dittrich, head of Deutsche Telekom’s Blockchain Solutions Center. As such, T-Systems will be running several validators, both private and public, for the Polkadot … [Read more...] about Polkadot Is Deutsche Telekom’s Latest Crypto Experiment
Cove Markets to join Robinhood Crypto in latest acquisition
Cove Markets, an API platform that enables users to trade across multiple centralized exchanges and manage aggregate financial data, will become part of Robinhood Crypto, as announced by the discount brokerage late Tuesday. Traders and investors can connect up to seven exchanges, including Coinbase Pro, Kraken, Bitfinex, etc., using Cove Markets to trade over 50 major … [Read more...] about Cove Markets to join Robinhood Crypto in latest acquisition
Bank of International Settlement calls the rise of decentralized finance ‘an illusion’ in latest quarterly review
On Monday, the Bank of International Settlement, or BIS, a financial institution owned by central banks worldwide, published a report scrutinizing the development of the decentralized finance, or DeFi, industry. The article opened by saying, "There is a "decentralization illusion" in DeFi since the need for governance makes some level of centralization inevitable, and … [Read more...] about Bank of International Settlement calls the rise of decentralized finance ‘an illusion’ in latest quarterly review
India targets Bitcoin and crypto again in latest ban wave
As per the local news source, NDTV, India might ban all major crypto assets when it introduces the new “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021″ this winter. The government is also exploring the possibility of issuing a digital currency backed by the Reserve Bank of India.“The Bill also seeks to prohibit all private cryptocurrencies in India, … [Read more...] about India targets Bitcoin and crypto again in latest ban wave