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Decentralizing Venture Capital: DAO

Protocol | Tomio Geron | March 12, 2022 Venture firms have been trying to reinvent themselves lately, in an era where founders have an edge with capital aplenty and, at least for now, still-high valuations. It’s no longer enough to be a good adviser, board member and cheerleader. VCs are pushing services like marketing, recruiting,

The post Decentralizing Venture Capital: DAO first appeared on National Crowdfunding & Fintech Association of Canada.

Carbon Collective Launches Climate-focused Employer 401(k)

The first-of-its-kind plans target employers with fewer than 300 employees SAN FRANCISCO, CA - March 14, 2022 - Carbon Collective, the first online investment advisor...

Across the Pond: The European Transportation Market (March 2022)

Author’s Note: I was asked by Transporeon (a Talking Logistics sponsor) to look at what is happening in the European transportation market and they...

How Worried Should Traders Be About a Russian Credit Default

credit

What’s happening On Wednesday, Russia is scheduled to make its first major payment on foreign debt since the start of the war. Many analysts are suggesting that because of the sanctions, they won’t be technically able to meet their obligations. Failure to pay doesn’t mean that the country falls immediately into default because there is […]

The post How Worried Should Traders Be About a Russian Credit Default appeared first on Orbex Forex Trading Blog.

Russian Crypto-Billionaires Look to UAE to Save Fortune

Russian Crypto-Billionaires Look to UAE to Save FortuneRussians are liquidating their crypto in the UAE. This decision comes at a time when most countries are freezing Russian ...

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Growth financing platform Capchase raises $80m Series B funding

Capchase CEO says funding businesses “is not a one-size-fits-all approach anymore”.

Lunar lands €70m Series D extension round, launches crypto platform

Lunar CEO says the new funding will enable the firm to continue carrying out its Nordic expansion plan.

Asian Firms Are Quick to Embrace Zero Trust Security Framework, Okta Survey Says

Over the past year, organisations in Asia have embraced the zero trust security framework at a fast pace, recognising the need to upgrade their IT security strategy to address the

The post Asian Firms Are Quick to Embrace Zero Trust Security Framework, Okta Survey Says appeared first on Fintech Singapore.

What The Beatles can teach us about open banking payment adoption

Open banking payments globally look set to have their own ‘Beatlemania’ moment.

Coinbase Clarifies: Everyday Russians Can Continue to Use Our Services

Just yesterday, Live Bitcoin News issued an article discussing Coinbase and its blocking of roughly 25,000 illicit accounts that supposedly stemmed from Russia. Coinbase Has Nothing Against Russia Despite the conflict occurring in eastern Europe, executives and employees of the digital trading platform stated that the action taken had nothing to do with the war...

The post Coinbase Clarifies: Everyday Russians Can Continue to Use Our Services appeared first on Live Bitcoin News.

Hedge Fund Holdings Fail To Prop Up Bitcoin Price

Bitcoin’s price is at risk of going down because investors are funding short positions in Bitcoin by borrowing digital money from exchanges. Datamish shows that investors are funding short, causing the value of Bitcoin to go down. Bitcoin fell again on Friday, despite a surge in capital inflow from large wallet investors and institutions. Brevan Howard Asset Management LLP and Tudor Investment Corp refreshed their bitcoin holdings by adding more of the cryptocurrency to their portfolios. Related Reading | Bitcoin Outflows Spike As 30k BTC Exits Exchanges, Reserve Plunges Down The growing geopolitical tension and the increasingly tense crisis in Russian-Ukraine are negatively impacting investor risk appetites for both equities as well crypto. This has fueled a bearish narrative surrounding Bitcoin’s price, which plunged below $40,000 with no signs of letting up. Cryptocurrencies are not without their risks, and it seems that even large investors know this. On March 11th of 2022, survey data from Datamish showed 1,500 Bitcoin being lent out as short positions to finance those risks- a total debt amounting close enough for a 3,603 BTC loan. Following an increase in funding for short positions, there have usually been negative consequences such as price drops. Analysts have been monitoring the recent changes in Bitcoin price, predicting that it will continue to fall. They believe there is still a significant risk for an upcoming decline, even after its recent recovery. The Bitcoin price recovery is attributed to the first bearish Ichimoku breakout since December 4, 2021. Analysts believe Bitcoin price has formed a bottom in the $38,000 -$38500 range. This is an important confirmation zone for trading on bitcoin. This may signal more losses for investors who have been selling assets in anticipation of an upcoming crash. According To Reuters, Russians Flooded The UAE With Liquidation Requests In a Russia- drowning attempt to save their fortune, company executives and financial sources told Reuters that many Russians flooded the UAE’s cryptocurrency firms with liquidation requests. That’s not all they want to do. Some of these investors are looking for real estate in the UAE. While others plan to convert it into fiat and hide their money somewhere else – insiders reported. Related Reading | Bitcoin Exchange Withdrawals Suggests Whales Are Accumulating The Swiss financial industry is currently in chaos. In fact, brokers requested the withdrawal of billions of dollars worth of Bitcoin. The request came from their clients concerned that Switzerland might freeze all funds. One representative claims they have received requests for up to $2B.  The UAE has been a neutral ground for Russians and Belarusians who have come to Dubai with their money to avoid being left out during any wars that may break out. There’s even been talk of people bringing cryptocurrencies here because they know it will always stay safe no matter what side wins. According to sources in the UAE, many Russians purchase real estate with cryptocurrency. They’re using digital forms of money both ways – bringing their resources into Dubai while getting them out from other regions. Featured image from Pixabay, chart from Tradingview.com

U.K. Financial Regulator Moves To Shut Down Crypto ATMs

The United Kingdom’s Financial Conduct Authority (FCA) says all currently operating crypto ATMs in the country are to be shut down immediately. The FCA notes in a new warning on Thursday that no crypto asset firms in the UK have been approved to offer crypto ATM services. Digital asset ATMs need to be registered and […]

The post U.K. Financial Regulator Moves To Shut Down Crypto ATMs appeared first on The Daily Hodl.

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