Tag: announces

Treasure DAO announces huge pivot in hopes of extending runway to February

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Decentralized video game ecosystem Treasure DAO is restructuring as “a matter of survival” to extend its financial runway to at least February 2026. Treasure DAO’s chief contributor John Patten says in an April 2 video posted to X that he has resumed a leadership role and is taking a plan to the DAO to streamline operations, eliminate unnecessary costs, and center the organization around a few key projects. “I will introduce this after all of you provide your opinions at this time. I have my own thoughts, but we must…

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Bitget Announces Strategic Collaboration With SunPump on Growth of Tron Meme Ecosystem

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PRESS RELEASE. Bitget, the leading cryptocurrency exchange and Web3 company, has announced a strategic collaboration with SunPump, the premier memecoin fair launch and trading platform on the TRON network. This partnership signifies a monumental stride in the development and expansion of TRON’s burgeoning memecoin ecosystem, unlocking a plethora of opportunities for groundbreaking projects and community-centric […] Source link

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Strike CEO Jack Mallers Announces Expansion of Services into Africa

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Today, Jack Mallers, the CEO of Strike, has announced the expansion of Strike’s suite of Bitcoin services into several African markets. I just published Announcing Strike Africa Today, we are launching Strike Africa, expanding our full suite of #Bitcoin services into Gabon, Ivory Coast, Malawi, Nigeria, South Africa, Uganda, and Zambia with more markets to come in the future. LFG! 🌍🫡https://t.co/icN0DZ4bGS pic.twitter.com/khxKecltAY — Jack Mallers (@jackmallers) February 27, 2024 Strike Africa will now be available in Gabon, Ivory Coast, Malawi, Nigeria, South Africa, Uganda, and Zambia, with plans for further…

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Tether announces wallet-freezing policy for OFAC-sanctioned persons

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Stablecoin issuer Tether has announced another step toward cooperation with law enforcement and regulatory agencies by initiating a voluntary wallet-freezing policy, according to a blog post on Dec. 9.  Since Dec. 1, Tether has been offering on the secondary market controls to freeze activity connected with Sanctioned persons on the United States Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List. Companies and individuals controlled or owned by sanctioned countries are included on the list. According to Tether, the policy will supplement existing security protocols and is a…

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Bitcoin Magazine Books Announces New Release: 'Fiat Ruins Everything' By Jimmy Song

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In April 2023, Bitcoin Magazine announced the launch of its new publishing branch, Bitcoin Magazine Books. The publishing arm of the company has already published five popular books by notable authors and is adding a well-known and prolific author to its lineup. Jimmy Song is a seasoned Bitcoin developer, educator and entrepreneur with more than two decades of programming experience. In his new book, “Fiat Ruins Everything”, Song explores the ubiquitous debasement of money and how Bitcoin can fix the broken incentive structure of the financial system and society at…

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Maple Finance announces direct lending to fill the void left by BlockFi, Celsius

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Web3 lending platform Maple Finance has announced the launch of a direct lending program, according to a June 28 fact sheet from the platform’s development team. The program is intended to replace services previously provided by Celsius, BlockFi and other now-bankrupt lenders. The first lending pool will be available sometime in July, the company stated. Introducing Maple Direct, the new lending arm of Maple Finance. With the formation of Maple Direct, Web3 now has a specialist digital native lender and launches to meet the growing institutional demand for a trusted…

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Brink Announces $1 Million Donation-Matching Campaign From Marathon Digital Holdings For Bitcoin Development

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On stage at the Bitcoin 2023 conference, Brink announced a matching campaign for donations from Bitcoin mining firm Marathon Digital Holdings to support the work of Bitcoin Core developers. Marathon will match donations made to Brink on a two-for-one basis for the duration of the conference, which ends on May 20, and then match donations one for one through the end of the year, up to $1 million total. “We’re going to match dollar for dollar $500,000-worth of donations that Brink receives for Core developers. More importantly, we will donate…

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Bitcoin Financial Services Provider River Announces $35 Million Series B Fundraising Round

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Bitcoin technology and financial services company, River, has announced a successful $35 million equity round in its Series B fundraising effort. Led by Kingsway Capital, the round also saw participation from notable investors such as Peter Thiel, Cygni, Goldcrest and Valor Equity Partners. The company provides a range of Bitcoin services, including zero-fee recurring orders, full-reserve custody, mining and a Bitcoin wallet that supports both on-chain and Lightning Network transactions. Alex Leishman, the CEO of River, highlighted the growing interest in Bitcoin driven by business and institutional adoption. He emphasized…

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Binance Announces Lightning Network Withdrawal Implementation Amidst Bitcoin Network Congestion Issues – Exchanges Bitcoin News

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Binance has announced its intention of implementing Lightning Network, a layer 2 Bitcoin scaling protocol, on its platform after experiencing an episode of congestion regarding withdrawals on the Bitcoin network. The exchange had to pause bitcoin withdrawals twice due to a large backlog of operations stuck as a consequence of high transaction fees. Binance Announces It Is Working on Implementing Lightning Network Withdrawals Leading cryptocurrency exchange Binance has recently announced it is working to integrate Lightning Network, a bitcoin-based scaling solution, into its platform. The exchange made the…

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