Auto Added by WPeMatico

FTX Launches $2 Billion Venture Capital Fund Focused on Bolstering Blockchain, Web3 Adoption

The cryptocurrency firm FTX has announced the launch of a $2 billion venture capital fund called FTX Ventures. The fund’s focus will be on advancing blockchain and Web3 technology alongside…

Continue ReadingFTX Launches $2 Billion Venture Capital Fund Focused on Bolstering Blockchain, Web3 Adoption

Russia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition

The Russian neobank Tinkoff is joining the world of cryptocurrencies with the purchase of a stake in Aximetria, a Swiss-registered and licensed company which provides clients around the world with…

Continue ReadingRussia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition

Wikimedia Foundation Debates Acceptance of Cryptocurrency Donations Over Environmental Concerns

Following Mozilla’s decision to pause crypto donations due to environmental concerns, a number of Wikimedia Foundation community members have submitted a proposal that asks the foundation to stop accepting digital…

Continue ReadingWikimedia Foundation Debates Acceptance of Cryptocurrency Donations Over Environmental Concerns

Georgia Goes After Crypto Miners Using Subsidized Electricity in Historic Town

A record high consumption of electricity blamed on illegal crypto farms in northwestern Georgia has caught the attention of authorities in the capital Tbilisi. The central government and the local…

Continue ReadingGeorgia Goes After Crypto Miners Using Subsidized Electricity in Historic Town