Recently, Cointelegraph spoke to Miami Mayor Francis Suarez following the announcement that Miami residents with a digital wallet can earn a Bitcoin dividend. The company that sets up the infrastructure to get Bitcoin dividends into the hands of citizens is CityCoins, an open-source protocol that provides fundraising mechanisms for cities. Miami and New York City are the two … [Read more...] about MiamiCoin has now raised $24.7 million… but who will benefit?
Subsocial Network, a decentralized platform designed to support the creation of decentralized social networks has won the most recent Kusama parachain slot auction. A total of 16.5 million (16.5% of the total supply) SUB tokens will be allocated as rewards for crowdloan participants. It is only the 4th crowdloan to hit the cap of 100k $KSM.Subsocial is building the future of … [Read more...] about Subsocial network wins Kusama’s 16th parachain auction with over 100k KSM raised
Last week, a crypto collective called ConstitutionDAO raised over $40 million in ETH to buy an original copy of the U.S. constitution at auction; it failed, outbid by the hedge fund billionaire Ken Griffin.But the idea of raising $40 million in a week on the strength of a meme has proven enticing, and copycats have emerged.So far, the most interesting of those is DuneDAO, a … [Read more...] about Rare ‘Dune’ Manuscript Bought on DAO’s Behalf for $3M, but It Only Raised $700K
The new policy organization, DeFi Education Fund, focused on promoting decentralized finance (DeFi) education and advocacy were supported through the Ethereum (ETH) DeFi protocol Uniswap and it deployed half of the funds received from the protocol’s treasury in a single transaction.The fund was formed with 1 million Uniswap (UNI), after receiving support from the protocol’s … [Read more...] about Concerns raised as $10 million in Uniswap tokens got sold after ‘insider’ proposal
Ethereum-based decentralized poker platform Virtue Poker has completed a strategic investment round of $5 million, as per a report on tech publication VentureBeat today.The project was one of the first protocols to have received backing from the Ethereum incubator ConsenSys, with founder Joseph Lubin foreseeing blockchain technology and smart contracts to play a big role for … [Read more...] about One of the first ConsenSys-backed Ethereum projects just raised $5 million