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Figment Capital seeks $50 million for second venture fund. #capital #fundraising #BTC
Figment Capital seeks $50 million for second venture fund.
#capital
#fundraising
#BTC
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Ripple CEO Brad Garlinghouse Challenges SEC's Stance on Digital Assets at Conference. 👀 At the recent "The Future of Digital Assets" conference, Ripple CEO Brad Garlinghouse made waves with a bold speech that challenged the status quo of cryptocurrency regulation. Here's a rundown of the key points from his address: Garlinghouse didn't hold back, asserting that both Ethereum and XRP are not securities, directly opposing the SEC's classification. He even went as far as calling SEC chairman Gary Gensler "an unethical person," reflecting Ripple's ongoing legal battle with the regulatory body. While the SEC maintains its stance that most cryptocurrencies (excluding Bitcoin) should be registered as securities, Garlinghouse confronted this view head-on, emphasizing Ripple's advocacy for regulatory clarity in the crypto space. Garlinghouse highlighted the growing enthusiasm within the XRP community, citing the increasing number of community-driven events like XRP Las Vegas and XRPL Apex. This strong community engagement underscores the support behind Ripple and its native digital asset. Optimistically, Garlinghouse expressed his belief in the development of native capabilities within projects built on the XRP Ledger, signaling a bright future for the XRP ecosystem. In summary, Brad Garlinghouse's speech at "The Future of Digital Assets" conference was a rallying cry against the SEC's classification of cryptocurrencies, particularly Ethereum and XRP. Ripple's commitment to challenging regulatory ambiguity and fostering community engagement within the XRP network remains steadfast as it navigates legal challenges and advocates for regulatory clarity. The broader crypto community eagerly anticipates further developments in this ongoing saga. Stay tuned for updates as Ripple continues to shape the future of digital assets. #Ripple #XRP #SEC #BradGarlinghouse
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Vodafone Plans to Integrate Blockchain with SIM Cards. 📱🔗 In an era marked by rapid technological evolution, Vodafone, a trailblazer in the telecom industry, is poised to redefine the landscape once again. By unveiling plans to integrate cryptocurrency wallets with subscriber identity module (SIM) cards, the UK-based telecommunications giant is set to revolutionize the smartphone experience. At the heart of this innovation lies a visionary approach led by David Palmer, Vodafone's Blockchain Lead. Palmer envisions a future where SIM cards serve as a gateway to digital identity and blockchain integration, leveraging the inherent cryptography within SIM cards for enhanced security. This bold move comes amidst Vodafone's strategic partnerships and ambitious financial strategies. Notably, the company's subsidiary in India, Vodafone Idea Ltd., is gearing up for substantial growth, with plans to raise significant debt. Additionally, Vodafone's recent collaboration with Microsoft underscores its commitment to disruptive innovation, with a focus on integrating generative artificial intelligence (AI) services. The implications of Vodafone's blockchain integration extend far beyond the realm of telecommunications. With an estimated 20 billion mobile phones in operation by 2030, alongside a projected surge in crypto wallets to 5.6 billion, the potential for global connectivity and financial inclusion is immense. Furthermore, Vodafone's venture into blockchain integration with SIM cards builds upon previous endeavors, echoing the company's persistent pursuit of merging mobile technology with blockchain capabilities. This echoes efforts seen in 2019 with the introduction of physical wallets for smartphones' SIM slots by US startup VaultTel. #Vodafone #blockchain #SIM
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Optimism's Superchain raises $6 billion in deposits. ⭕💰 In the dynamic realm of cryptocurrency, few phenomena have captured attention quite like Optimism's Superchain. Recently, its meteoric rise has illuminated the potential of Layer 2 solutions. However, amidst this success, the allure of its native token, OP, seems to be fading. Optimism's Superchain stands tall with over $6 billion in deposits from Ethereum L1, constituting a staggering 25% of total value locked bridged from Ethereum L1. Its appeal lies in its ability to amalgamate various Layer 2 solutions, promising streamlined operations and potential cost savings. Developers flock to the Superchain enticed by the OP Stack & Governance framework, simplifying the otherwise labyrinthine development and governance processes. Base's commitment is evident through a hefty $1.9 million membership fee. Despite Base boasting more monthly active users, OP Mainnet remains indispensable, providing a pivotal shared governance framework. The buoyant member chains contribute fees back to OP, nurturing the Superchain's growth. Regrettably, interest in the OP token seems to be waning. Recent statistics depict a somber picture: a 5.6% price dip in 24 hours, with trading volume shrinking by 23%. Network expansion around the OP token has notably slowed. Optimism's Superchain is undoubtedly a beacon of success, attracting billions in capital and revolutionizing operational efficiency. While the luster of the OP token dims, its significance within the Superchain's ecosystem remains paramount for governance and development. Vigilant monitoring of the OP token's performance is imperative to navigate its course in the ever-evolving crypto landscape. #Optimism #Superchain #eth #OP #CryptoWatchMay2024
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🚨 #BreakingNews According to the S&P report, the Dollar / TL target by the end of 2024 has been reduced from 40₺ to 31.88₺! #DollarTL #TurkishLira #S&P #türkiye
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