Tag: cofounder

Gaming Giant Animoca Brands Reveals Ban Against Russian Users, Co-Founder Compares Russia to North Korea – Bitcoin News

[ad_1] Blockchain gaming firm Animoca Brands has revealed the company is breaking ties with Russian users following the Ukraine invasion that started seven days ago. Animoca Brands co-founder Yat Siu noted in an interview that the company received legal advice about the situation and the Animoca executive compared the newly sanctioned Russia to North Korea. Animoca Brands Restricts Russian Users From Leveraging Firm’s Blockchain Gaming Products According to the Hong Kong-based blockchain gaming giant Animoca Brands, the company is imposing restrictions on Russian users. Animoca Brands’ overarching ban follows a…

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Dogecoin co-founder slams memecoins, DAO aims to buy Denver Broncos, and BTC tourism surges 30% in El Salvador: Hodler’s Digest, Feb. 20-26

[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Former Cisco employee launches DAO to buy Denver Broncos A freshly launched decentralized autonomous organization dubbed BuyTheBroncosDAO is aiming to raise enough capital to purchase the NFL’s Denver Broncos for roughly $4 billion.  The project is offering fans of various levels of wealth the…

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‘Bitcoin makes no sense for blockchain developers,’ says 1inch Network co-founder

[ad_1] Anton Bukov, the co-founder of 1inch Network, thinks that Ethereum will likely become the main settlement layer for a multi-chain decentralized finance (DeFi) ecosystem.  “There is like a high chance that most of the chains will try to commit their states to Ethereum as a higher layer,” Bukov said in an exclusive interview with Cointelegraph. Bukov, who is number 39 in Cointelegraph’s Top 100 list for 2022, acknowledges that to achieve that, Ethereum needs to solve the scalability issues that limit its transaction output. DISCOVER COINTELEGRAPH’S TOP 100 IN…

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Assembly announces $100M capital raise, receives praise from Iota co-founder Dominik Schiener

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[ad_1] On Friday, Assembly, a decentralized layer one smart contract network built within the Iota ecosystem, announced it had raised $100 million from private investors, including LD Capital, HyperChain Capital and Huobi Ventures. The project stated that the funds will be used to accelerate the development of decentralized finance protocols, nonfungible tokens (NFTs) and play-to-earn crypto games. Iota is a blockchain designed for facilitating Internet-of-Things transactions. Its proprietary technology consists of a system of decentralized acyclic graphs that can connect to one another in multiple vectors as opposed to in-series…

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Co-founder of Ethereum’s creator Vitalik Buterin – Cointelegraph Magazine

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[ad_1] Dmitry Buterin is a self-made millionaire who fathered a billionaire who created a cryptocurrency that’s on its way to becoming a trillion-dollar asset. Suffice to say the possibility that Buterin would found three multi-million dollar businesses and retire in his 40s was beyond his wildest imaginings growing up in Grozny, Chechnya in the former Soviet Union during the 1970s. “Of course not,” the Toronto resident says in a still quite prominent accent. “Because in the Soviet Union, when you retire, you’re pretty much close to death. And everybody is…

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Bitcoin Is Mathematical Purity Says Apple Cofounder Steve Wozniak

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[ad_1] Bitcoin is mathematical purity and impossible to be copied, said Apple co-founder and ‘Unicorn Hunters’ Circle of Money Investor, Steve Wozniak, in an interview with Yahoo Finance on October 29. “Look at the U.S. dollar, the government can just create new dollars and borrow; it’s like you never have it fixed, like Bitcoin,” Wozniak told Brian Sozzi and Julie Hyman. “Bitcoin is mathematics, mathematical purity. There can never be another Bitcoin created.” The entrepreneur drew parallels between the U.S. monetary system and the electronic peer-to-peer monetary network. Whereas the…

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DOGE co-founder sets sights on Ethereum bridge and NFTs for mass adoption

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[ad_1] Dogecoin (DOGE) co-founder Billy Markus has set his sights on nonfungible tokens (NFTs) and an Ethereum-to-Dogecoin bridge to help bring about for mass adoption of the meme coin. In a Sept. 30 tweet, Markus emphasized the importance of completing the Ethereum-Dogecoin bridge so that the asset could be integrated with top Ethereum-based NFT platforms such as OpenSea, enabling non fungible purchases with DOGE. Markus said that there is “high demand” to purchase NFTs within the crypto community and that enabling NFT purchases with DOGE “greatly increases its utility.” DOGE…

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Ethereum will replace Bitcoin as the leading crypto network, claims Polygon co-founder

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[ad_1] “Sooner or later, ETH will outpace Bitcoin and become the global standard”, said Polygon co-founder Sandeep Nailwal in an exclusive interview with Cointelegraph.  Nailwal believes that Ethereum will eventually become “the ultimate settlement layer” for the DeFi space. Polygon will play a major role in ensuring the long-term success of Ethereum through its scalability solution. Despite increasing competition from other layer-1 protocols, such as Solana, Nailwal believes it is still too early to talk about an “Ethereum killer.” “The Ethereum chain, because of its fundamentals, security, the level of…

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Bitcoin ETF ‘not happening in 2021,’ says Wilshire Phoenix co-founder

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[ad_1] William Cai, co-founder of investment firm Wilshire Phoenix, is the latest person to cast doubts on the possibility of a Bitcoin (BTC) exchange-traded fund (ETF) approval in the United States in 2021. Speaking to Business Insider, Cai remarked that a Bitcoin ETF in 2021 is unlikely as he offered 2022 and 2023 as the earliest possible times for the U.S. Securities and Exchange Commission to greenlight a BTC ETF. Several Bitcoin ETF hopefuls currently have filings with the SEC, including fund management outfit Global X, which submitted earlier in…

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High-profile Ethereum co-founder quits crypto over safety concerns

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[ad_1] Ethereum co-founder, Anthony Di Iorio, has announced his intention to exit the crypto industry, expressing concerns over his personal safety. According to a July 17 report from Bloomberg, Di Iorio is looking to sell his digital asset firm Decentral and sever ties with all other crypto projects he is currently involved with, stating that he no longer feels safe as a result of his elevated profile within the crypto sector: “It’s got a risk profile that I am not too enthused about. I don’t feel necessarily safe in this…

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