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https://motleybloggers.com/wp-content/uploads/2022/04/layerzero-labs-secures-135-million-to-bolster-cross-chain-interoperability.jpg Layerzero Labs, the firm behind the interoperability protocol Layerzero, has revealed the company has raised $135 million in a Series A+ finance round led by Andreessen Horowitz (a16z), FTX Ventures, and Sequoia Capital. The new financing brings Layerzero Labs’ overall valuation to $1 billion and the funds will be leveraged to develop cross-chain decentralized applications (dapps) powered by Layerzero. Layerzero Raises $135 Million From Andreessen Horowitz, FTX Ventures, Sequoia Capital On March 30, 2022, the company Layerzero Labs announced it had secured $135 million in a Series A+ funding round. The funding round was led by Sequoia Capital, FTX Ventures, and a16z, and the funding also saw participation from Uniswap Labs, Paypal Ventures, Tiger Global, and Coinbase Ventures. The financing also pushes Layerzero Labs to unicorn status, as the latest ...

https://motleybloggers.com/wp-content/uploads/2022/04/sec-names-crypto-an-exam-priority-this-year.jpg The Securities and Exchange Commission (SEC) has listed crypto assets as an examination priority for market participants this year. “In this time of heightened market volatility, our priorities are tailored to focus on emerging issues, such as crypto assets,” said an official with the SEC Division of Examinations. Crypto Assets Among SEC Examination Priorities The Securities and Exchange Commission’s Division of Examinations published its annual examination priorities Wednesday. Crypto is among the top priorities highlighted in the report this year. The Division of Examinations conducts the SEC’s National Exam Program, its website details, adding that its “mission is to protect investors, ensure market integrity and support responsible capital formation through risk-focused strategies.” SEC Chairman Gary Gensler explained that the examination priorit...

https://motleybloggers.com/wp-content/uploads/2022/04/citi-predicts-metaverse-could-be-13-trillion-opportunity-with-5-billion-users.jpg Citi has predicted that the total market for the metaverse economy could grow to between $8 trillion and $13 trillion by 2030. In addition, the global bank expects that the number of metaverse users could be as many as five billion. The Metaverse Is Potentially an $8 Trillion to $13 Trillion Opportunity, Says Citi Citi released a new Global Perspectives & Solutions (Citi GPS) report titled “Metaverse and Money: Decrypting the Future” Thursday. The leading global bank has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. The 184-page report explores various aspects of the metaverse in-depth. They include what a metaverse is; its infrastructure; digital assets including non-fungible tokens (NFTs) in the metaverse; money and defi (decentralized finance) in the metaverse; and regulat...

https://motleybloggers.com/wp-content/uploads/2022/03/yield-app-passes-proof-of-reserves-audit-to-bolster-safety-and-accountability-of-deployed-digital-assets.png PRESS RELEASE. Yield App, one of the rising and most trusted digital wealth platforms, recently underwent a thorough ‘proof of reserves’ audit. The inspection was conducted by Armanino LLC, the firm responsible for auditing Kraken – one of the largest and most trusted cryptocurrency exchanges in the world. Yield App passed the audit with flying colors, bolstering its stance on safety and accountability of the assets deployed by customers into portfolios available on its platform. What is ‘proof of reserves’ ? A proof of reserves is an independent audit of a company’s balance sheet conducted by a third party, such as Armanino LLP. These cryptographically reconciled public reports empower customers to verify that the digital asset service providers they use do indeed hold enough assets on thei...

https://motleybloggers.com/wp-content/uploads/2022/03/gumi-cryptos-reveals-110-million-fund-targeting-early-stage-blockchain-startups.jpg On March 30, Gumi Cryptos Capital (GCC), announced the blockchain-focused venture capital firm’s second fund that will invest $110 million in early-stage blockchain startups. The second fund follows GCC’s initial $21 million fund that backed seed stage founders. Gumi Cryptos Capital Reveals Fund II — Firm Will Invest $110 Million Into early-Stage Blockchain Startups The blockchain-focused venture capital firm Gumi Cryptos Capital (GCC) has announced the launch of a $100 million fund that will be focused on blockchain concepts like decentralized finance (defi), game finance (gamefi), Web3, and other types of ideas being created by early-stage blockchain startups. In a statement sent to MotleyBloggers.com News, GCC’s managing partner Rui Zhang said: “Think of us as blockchain’s experienced, high-conviction, high trus...

https://motleybloggers.com/wp-content/uploads/2022/03/bank-of-spain-warns-about-risk-of-extended-use-of-unregulated-cryptocurrencies-in-the-country.jpg The deputy governor of the Bank of Spain, Margarita Delgado, gave her opinion about cryptocurrencies and how they are increasing the risks in today’s economy. At an event hosted by PWC called “A climate of change,” Delgado explained that the continued and extended use of cryptocurrencies might bring different kinds of risks to the 12% of the population currently holding crypto. Deputy Governor of Bank of Spain Examines Crypto Risks The deputy governor of the Bank of Spain, Margarita Delgado, has issued her opinion about the use of cryptocurrencies and how they might affect the country’s economy. The statements were offered in a speech given at an event hosted by the multinational professional services network PWC, called “a climate of change,” which centered its focus on the changing nature of the fin...

https://motleybloggers.com/wp-content/uploads/2022/03/bitcoin-ethereum-technical-analysis-btc-eth-consolidate-below-key-resistance-levels.jpg Following strong gains during Wednesday’s session, bitcoin and ethereum both saw prices consolidate below key resistance levels. BTC remained marginally above $47,300, with ETH trading close to $3,400. The global crypto market cap was 0.48% lower as of writing. Bitcoin Bitcoin saw its price consolidate during Wednesday’s session, following strong gains on Tuesday, which saw BTC rise to multi-month highs. However on Wednesday, BTC /USD fell to an intraday low of $46,746.21, as prices failed to sustain a breakout of the $48,080 ceiling. Today’s drop came as prices rose to a peak of $47,938.21. However, bullish momentum somewhat eased as bulls likely secured some earlier gains. Now the question will be whether or not these drops in price will persist, with bears looking to enter the market in order to lead a reversal in price st...

https://motleybloggers.com/wp-content/uploads/2022/03/solidus-aitech-founder-paul-farhi-talks-artificial-intelligence-and-high-performance-computing.jpg Using the world’s first AI utility token AITECH, Government Authorities, Megacorps, SMEs, and Professionals will be able to acquire AI services through Solidus’ Artificial Intelligence infrastructure. AITECH can be purchased, staked, or held as a long-term investment. Paul Farhi is the Founder and Head of UK Operations of Solidus AITECH . He recently joined the MotleyBloggers.com News Podcast to talk about the crypto business, play-to-earn games, metaverse, NFTs and much more: Paul is a born achiever and has very high standards in everything he does. He is a passionate entrepreneur and established himself as a successful investor very early on in his career. His main focus was on Property & Fine Art until he was introduced to Bitcoin in 2015 and since then has never looked back. During his career Paul has built a solid ...

https://motleybloggers.com/wp-content/uploads/2022/03/as-bitcoins-hashrate-remains-elevated-btcs-mining-difficulty-expected-to-reach-a-lifetime-high.jpg During the last month, Bitcoin’s hashrate has been coasting along above the 200 exahash per second (EH/s) zone, minus a number of drops here and there above and below that range. Following two difficulty changes that saw the difficulty decrease by 1.84%, the network’s difficulty is expected to increase 4.24% within the next 13 hours. Bitcoin’s Difficulty Expected to Reach All-Time High Bitcoin miners caught two breaks during the last month when the difficulty dropped two times in a row. The first 1.49% drop occurred at block height 725,760 on March 3, 2022, and the second decrease was a 0.35% drop, which occurred at block height 727,776 on March 17, 2022. The two consecutive drops made it 1.84% easier for all the mining participants to find BTC blocks. While the difficulty was 27.97 trillion prior to the two reduction...

http://img.youtube.com/vi/FKSVDwt6lF0/0.jpg https://www.youtube.com/watch?v=FKSVDwt6lF0 ⬇How To Stake Your Cardano In Minutes With Crypto Capital Venture!⬇ Stake Your ADA With Ticker: CCV3 ➡ https://youtu.be/kv5spLt1YJI CCV3 Pool ID for delegation: 903c38e5905f1587d5ecf8c875a181725fb4b12b3eb06ce1d20bb1c6 Cardano data - https://intotheblock.com Whales buy Cardano - https://cryptobriefing.com/cardano-whales-on-buying-spree/ Institutional investors buy ADA - https://u.today/cardano-attracts-more-institutional-investors-as-on-chain-transaction-volumes-increase-50-times ⚡ Follow Dan On Twitter ⚡ http://twitter.com/cryptorecruitr Crypto Capital Venture New - Cycles of Bitcoin - https://www.tradingview.com/chart/BLX/IzGnRABO-The-Cycles-Of-Bitcoin-Speculative ☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰...

https://motleybloggers.com/wp-content/uploads/2022/03/axie-infinity-loses-620-million-after-hacker-compromised-ronin-validators.jpg According to Sky Mavis, the creators of the blockchain NFT game Axie Infinity, the Ronin network has been attacked, and a hacker has managed to siphon 173,600 in ethereum and 25.5 million usd coin (USDC). The attacker has obtained roughly $620 million worth of crypto assets, and the Ronin bridge and Katana Dex have been paused. The Largest NFT Blockchain Game Axie Infinity Suffers From a $620 Million Hack The largest non-fungible token (NFT) blockchain game, Axie Infinity , has suffered from an attack on Tuesday after the Ronin network validators were compromised. Sky Mavis, the company behind the Axie Infinity project, explained that the validators were compromised as early as March 23. The funds were drained in two transactions (transaction 1 and transaction 2 ) and Sky Mavis discovered the attack after a user complained that they could not withdraw 5,...

https://motleybloggers.com/wp-content/uploads/2022/03/wwe-inks-long-term-deal-with-fanatics-to-push-official-merchandise-trading-cards-and-nfts.jpg The media and entertainment company World Wrestling Entertainment, Inc., otherwise known as WWE, has inked a long-term partnership with the global digital sports platform Fanatics. According to the deal, Fanatics will work with WWE across various ventures such as officially licensed merchandise, trading cards, and non-fungible tokens (NFTs). WWE Partners With Fanatics, Wrestling Entertainment Firm Will Work With Candy Digital WWE has its eyes on non-fungible token (NFT) sales and on March 28, the company signed a long-term deal with the digital sports platform Fanatics. The company is led by Michael Rubin and it offers licensed sports merchandise via Fanatics Commerce, collectibles, trading cards, and NFTs through the company’s NFT platform Candy Digital. The wrestling entertainment firm WWE will work with the company’s offering...

https://motleybloggers.com/wp-content/uploads/2022/03/biden-administration-lowballs-inflation-predictions-report-says-americans-are-fixated-on-dollar-value.jpg As inflation continues to wreak havoc on American wallets, the U.S. dollar’s lack of purchasing power has been affecting nearly every U.S. resident’s spending decisions. On Monday, U.S. president Biden and his administration predicted lower inflation forecasts as officials announced Biden’s proposed budget for the 2023 fiscal year. According to marketwatch.com author Victor Reklaitis, the Biden administration’s inflation forecast “doesn’t look realistic.” Biden Administration Expects ‘Inflation Will Ease Over the Coming Year’ The Biden administration and White House economist, Cecilia Rouse, are predicting very low estimates as far as future inflation rates are concerned. This is despite the inflation rate in February skyrocketing to 7.9%, and rising at the fastest pace since ...

http://img.youtube.com/vi/y9iNOrF44MA/0.jpg https://www.youtube.com/watch?v=y9iNOrF44MA Thanks to Nervos Network for sponsoring this video! Nervos overview by CCV- https://youtu.be/HQdREZ6b1y8 Nervos 2022 Roadmap - https://www.nervos.org/blog/nervos-network-2022-roadmap Intro 00:00 Nervos overview 00:50 Nervos on ledger 2:00 2022 Nervos (CKB) roadmap 2:40 Nervos still early 10:10 Nervos roadmap 2022 and update on CKB. ⬇How To Stake Your Cardano In Minutes With Crypto Capital Venture!⬇ Stake Your ADA With Ticker: CCV3 ➡ https://youtu.be/kv5spLt1YJI CCV3 Pool ID for delegation: 903c38e5905f1587d5ecf8c875a181725fb4b12b3eb06ce1d20bb1c6 ⚡ Follow Dan On Twitter ⚡ http://twitter.com/cryptorecruitr Crypto Capital Venture New - Cycles of Bitcoin - https://www.tradingview.com/chart/BLX/IzGnRABO-The-Cycles-Of-Bitcoin-Speculative ☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰☰...

http://img.youtube.com/vi/eZwwO1z12e0/0.jpg https://www.youtube.com/watch?v=eZwwO1z12e0 ⬇How To Stake Your Cardano In Minutes With Crypto Capital Venture!⬇ Stake Your ADA With Ticker: CCV3 ➡ https://youtu.be/kv5spLt1YJI CCV3 Pool ID for delegation: 903c38e5905f1587d5ecf8c875a181725fb4b12b3eb06ce1d20bb1c6 Intro 00:00 Milkomeda news 00:50 Cardano price setup 3:00 2019 ADA data and warning of volatility 4:40 Here is why ADA price could be volatile 6:00 Cardano breakout to the upside 9:20 What an ADA dip could look like 11:00 As we wait for a Cardano price breakout, it is crucial to also prepare for a volatile dip for ADA price. Cardano With Paul Milkomeda - https://www.youtube.com/watch?v=JsUtu1ujxiM ⚡ Follow Dan On Twitter ⚡ http://twitter.com/cryptorecruitr Crypto Capital Venture New - Cycles of Bitcoin - https://www.tradingview.com/chart/BLX/IzGnRABO-The-Cycles-Of-Bitcoin-Speculative ☰☰☰☰☰☰☰☰☰☰...

https://motleybloggers.com/wp-content/uploads/2022/03/indian-government-reveals-11-crypto-exchanges-investigated-for-tax-evasion-13-million-recovered.jpg The Indian government has revealed that 11 cryptocurrency exchanges have been under investigation by the country’s tax authority. About 95.86 crore rupees ($12.6 million) have been recovered from them. 11 Crypto Exchanges Investigated for Tax Evasion The Indian government answered some questions regarding the taxation of cryptocurrency exchanges Monday in Lok Sabha, the lower house of parliament. Parliament member S. Ramalingam asked the finance minister “whether it is true that some cryptocurrency exchanges were involved in evasion of goods and services tax (GST) and it was also detected that other cryptocurrency exchanges and major investors in digital currencies are under investigation by the government.” In addition, the parliament member asked the finance minister about “the action taken or proposed to be t...

https://motleybloggers.com/wp-content/uploads/2022/03/flatqube-dex-unveils-qube-utility-token-and-sets-dao-governance-in-motion.jpg Over the past six months, the Everscale network has gone through a complete metamorphosis. Originally called FreeTON, the network has made great strides in improving its technical capabilities as well as developing a robust ecosystem of DeFi platforms. The scale of these changes led the coчафmmunity to call for a rebranding to reflect how the project has come into its own as a mainstay of the DeFi industry, distinct from its origin as a continuation of the no-longer active Telegram TON project. Under the hood, the main technical changes to the network consisted in a revamping of the programming language complete with a node switch from C++ to more stable and efficient Rust nodes. The changes have made the network’s scaling capabilities virtually limitless and have improved its already top-of-the-line speed. Following the changes tha...

https://motleybloggers.com/wp-content/uploads/2022/03/indian-parliament-member-asks-government-to-tax-crypto-income-more-than-30.jpg An Indian parliament member has urged the government to increase the tax on crypto income from the current proposed rate of 30%, stressing that crypto trading is similar to gambling. He has also requested that the goods and services tax (GST) be imposed on the total transaction value of crypto. Indian Parliament Member Wants to Tax Crypto Income More Than 30% India’s Finance Bill 2022 containing the proposed 30% tax on crypto income is now being considered in Rajya Sabha, the upper house of India’s parliament. Parliament member Sushil Kumar Modi reportedly asked the government Monday to increase the tax on cryptocurrency income from the current rate of 30%. He said: I would like to request the finance minister that the 30% tax that you have imposed on crypto, please consider in the coming days if this tax can be further increased. Parliament me...

http://img.youtube.com/vi/aG2GM2KthwQ/0.jpg https://www.youtube.com/watch?v=aG2GM2KthwQ ⬇How To Stake Your Cardano In Minutes With Crypto Capital Venture!⬇ Stake Your ADA With Ticker: CCV3 ➡ https://youtu.be/kv5spLt1YJI CCV3 Pool ID for delegation: 903c38e5905f1587d5ecf8c875a181725fb4b12b3eb06ce1d20bb1c6 Intro 00:00 Bitcoin daily chart 00:30 BTC price and weekly moving averages 1:20 Bitcoin price breakout on daily 5:20 BTC dip in play 7:00 Cardano resistance on weekly 8:10 ADA price and dip to moving averages 9:30 Cardano consolidation important for breakout 10:20 Be careful of ADA dip 13:15 The Cardano breakout we want to see 14:40 Cardano network growing (TVL Update) 15:20 Bitcoin price breaks out as BTC finds itself above two crucial moving averages (as of recording this video). It s an important week for Bitcoin price as BTC needs to hold this area based on historical bitcoin chart data. Cardano finds itself consolidating after a really strong last couple of wee...

https://motleybloggers.com/wp-content/uploads/2022/03/anonymous-claims-it-has-released-28gb-of-bank-of-russia-documents.jpg Hacking group Anonymous has reportedly published a large amount of data allegedly belonging to the Bank of Russia. The release comes after the collective announced it had hacked Russia’s central bank earlier this week, a claim that was denied by the monetary authority in Moscow. Anonymous Publishes Leaked Bank of Russia Files A group affiliated with the international hacktivist collective Anonymous, identified by the Twitter handle @Thblckrbbtworld (The Black Rabbit World), has announced it leaked 28GB of data obtained from the Central Bank of Russia ( CBR ). Another Twitter account associated with the hackers, @YourAnonTV (Anonymous TV), confirmed the news. JUST IN: The Central Bank of Russian Federation leak (28 GB) has been published by #Anonymous hackers ( @Thblckrbbtworld ). #Ukraine #OpRussia 🔻 https://t.co/msXQ24qDZ2 — Anonymous TV ...

https://motleybloggers.com/wp-content/uploads/2022/03/ghana-cbdc-development-new-central-bank-document-outlines-key-motivations-for-issuing-the-digital-currency.jpg In a recently released document, the Bank of Ghana (BOG) outlines some of its key reasons for developing the central bank digital currency (CBDC). Also, in the document, the bank’s governor insists the institution is open to suggestions that will help it to successfully launch the digital currency. Benefits of a CBDC The Ghanaian central bank recently released a document that outlines the key motivations behind its plan to issue a central bank digital currency (CBDC). The document also touches on the digital currency’s design as well as the benefits it will bring to the Ghanaian economy. As previously reported by MotleyBloggers.com News, the Bank of Ghana (BOG) began developing its CBDC sometime in 2021 and there were hopes it would start piloting the digital currency before the end of that year. In August 2021, ...

https://motleybloggers.com/wp-content/uploads/2022/03/rio-de-janeiro-to-accept-cryptocurrency-payments-for-taxes-next-year.jpg Rio de Janeiro, one of the most iconic cities of the South American continent, has announced it will allow its citizens to pay taxes with cryptocurrencies. This makes it the first city in the country to do so, recognizing there is a boom in the cryptocurrency market. These actions form part of a plan that sees the city investing some of its funds in crypto assets in the future. Rio de Janeiro Will Expand Its Tax Payment Options The city of Rio de Janeiro revealed a plan to introduce cryptocurrencies in its payment options for taxes. At a recent event where the mayor of the city, Eduardo Paes, was present, officers of the municipality announced the plan to start collecting cryptocurrencies for a municipal tax called the IPTU starting next year. This tax has to do with the properties of citizens and their value, and it is collected by the municipality. The initia...

https://motleybloggers.com/wp-content/uploads/2022/03/toonft-looks-to-revolutionise-the-webtoon-industry-via-next-generation-blockchain-platform.jpg PRESS RELEASE. Given the rapid evolution associated with technological advancements and new developments regarding Web3 and dApps, TooNFT has decided to launch the decentralised webtoon platform in conjunction with Toomics , which happens to be one of the largest webtoon platforms in South Korea, and to begin gradually transitioning to a new era of applications constructed using blockchain technology, with the goal of bringing a new level of adoption for the IPs which are smoothly incorporated via the NFT standards. TooNFT is the decentralised webtoon application, with the overall objective of bringing the greatest freedom and transparency to the entire industry. TooNFT aims to create a decentralised marketplace by proactively tackling market concerns for online comic fans and developing a transparent compensation system which is designe...