These Are the High-Profile Spot Bitcoin ETF Applications Currently in Play - cyptoranking.com

2024-04-28

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While security and reliability are always top priorities, forward-looking blockchain projects must take both project-specific details and evolving trends into consideration before making a final decision. Below, nine members of Cointelegraph Innovation Circle discuss factors a blockchain project should consider when choosing a consensus mechanism and why they can play a role in long-term success. Gwei, short for gigawei, refers to the denomination used to calculate gas fees on the Ethereum network. One gwei is equal to 0.000000001 ETH. These Are the High-Profile Spot Bitcoin ETF Applications Currently in PlayCrypto Tokens Gamers hate NFTs, according to Helius co-founder Mert Mumtaz.

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Daily chart for S&P 500 Futures (Source: TradingView) This interview has been edited for brevity and clarity.Galxe front-end compromised in possible ongoing attack Where to buy Robinhood: $HOOD to list on eToro after IPO“Until then,” he concludes, “the major potential user here remains crypto degens and DAO treasuries, and perhaps forward-looking neobanks.”AI is the Key To DeFi Liquidity Spokespeople for Bitwise and ProShares declined to comment.SEC delays BlackRock, Valkyrie spot bitcoin ETFs decision

The ultimate goal, according to Tonk, is to move beyond a user base that is only motivated by quick profits. In turn, the hope is to provide the sector with a much-needed boost of credibility.‘Much more appealing’ than just collectibles: Web3 gaming’s potential Ofcom is worried that "hyperscalers" like AWS and Microsoft Azure are stifling competition in the cloud computing sector, where they collectively account for approximately 60% to 70% of total cloud spending. Smaller cloud providers face challenges in gaining a foothold in this landscape. Blockchain.com | Be early to the future of financeProof-of-work: The process of creating fresh blocks of transactions to a blockchain is known as Proof-of-Work (PoW). It involves solving computations set by the network. Solving the computation grants the user the ability to add that block to the blockchain and earn rewards. However, this is highly energy intensive. Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.IntroductionThe negative trend in crypto fundraising persisted during Q3 2023, with decreasing investment volumes and only a few significant deals. Investor concerns and uncertainty resulted in the stagnation of crypto fundraising for the year. This report from the CryptoRank team examines the key trends, narratives, and statistics of the crypto fundraising sector during Q3.Key Highlights:Crypto startups raised $1.61B in 222 deals in Q3 2023, down 31.5% from Q2 and 75.8% from Q3 2022.Blockchain services were the most popular category for investors in Q3 2023 ($515 million in 73 deals in Q3).Binance Labs and Coinbase Ventures were the most active Tier 1 investors in Q3. Both funds focused on investing in the DeFi sector.Investors preferred to invest in early stage projects in Q3.Q3 Fundraising Landscape in NumbersCrypto startups raised $1.61B in 222 deals in Q3 2023, a 31.5% decrease from Q2 and a 75.8% decrease from Q3 2022. These figures clearly indicate the downward trend that crypto fundraising is facing in 2023. Following market stagnation and regulatory uncertainty, the amount raised by crypto companies is also decreasing.Blockchain services were the most attractive category for investors in Q3 2023. Startups developing various services and blockchain tools received $515M in 73 deals in Q3. CeFi projects surprisingly became the second most popular category, raising $300M (BitGo's $100M funding round was the largest one), ahead of GameFi ($215M) and DeFi ($178M).Data source: cryptorank.io/funding-analyticsQuarterly Focus: Notable Funding RoundsDespite the downward trend in crypto fundraising, there are still interesting projects that are receiving funding from leading crypto VC firms. In this article, we will take a closer look at the top 10 startups that received investment from Tier 1 crypto funds in Q3 2023.Data source: cryptorank.io/funding-roundsLet's take a closer look at the top-3 leaders:Flashbots, a research and development organization formed to mitigate the negative externalities posed by Maximal Extractable Value (MEV), raised $60M in a Series B round led by Paradigm. Flashbots' mission is to enable a permissionless, transparent, and sustainable ecosystem for MEV, using the following approach:Illuminate: bringing transparency to MEV activity.Democratize: democratizing access to MEV revenue.Distribute: enabling sustainable distribution of MEV revenue.Futureverse, a leader in revolutionary AI and metaverse technologies that enable open, scalable, and interoperable apps, games, and experiences, raised $54M in a Series A round with participation from Ripple. The FuturePass Smart Wallet SDK enables simple, fast, secure, and password-free onboarding of users to web3 applications, games, and experiences.RISC Zero, a crypto startup dedicated to building a developer-friendly, scalable blockchain based on zero-knowledge proofs, raised $40M in a Series A round led by Blockchain Capital. The RISC Zero zkVM, released in April 2022, can prove the correct execution of arbitrary code, allowing developers to build ZK applications in mature languages such as Rust and C++.It is worth noting another project that received the largest investment in Q3 2023. BitGo raised $100M from undisclosed investors in August at a valuation of $1.75B. BitGo is known as the custodian of WBTC. Its focus on being licensed and regulated has helped it stand out in the uncertain legal landscape for digital assets. The funding, received entirely from new investors, will be used for strategic acquisitions, with two deals already in progress. BitGo's previous investors include Goldman Sachs, DRW Holdings, and Galaxy Digital Ventures. Investors Movements: Key HighlightsBinance Labs and Coinbase Ventures were the most active Tier 1 investors in Q3. Both funds focused on investing in DeFi projects (5 deals from Binance Labs and 3 from Coinbase Ventures), while other participants preferred Services as their main investment sector.Balaji Srinivasan, the former CTO of Coinbase, is on the list of the most active investors in Q3. Balaji's favorite category in Q3 was social projects (3 deals with his participation).Data source: cryptorank.io/funding-analyticsInvestors still prefer to support projects in the early stages. In Q3, VC firms participated in 75 seed rounds with $405.6M invested.Data source: cryptorank.io/funding-analyticsOverall, seed rounds account for 33% of the total number of deals since the beginning of the year.Data source: cryptorank.io/funding-analyticsInvesting in early-stage projects can be a profitable strategy if the companies receiving investment successfully develop their products and enter the market. However, supporting early-stage crypto startups is also risky since there is no guarantee that these projects will succeed in the rapidly changing crypto environment. Most Popular Jurisdictions for FundraisingDespite regulatory pressure, the US remains the most active crypto venture hub. In Q3 2023, US-based crypto startups raised $743.1M, equal to 46% of the total amount raised in Q3. Surprisingly, India became the second most popular jurisdiction for crypto investment: companies based in the country raised $76.1M in Q3. Hong Kong, with its crypto-friendly policies, came in third, attracting $35M in investment. France became the most popular jurisdiction among EU countries, with over $30M invested in crypto projects.Data source: cryptorank.io/funding-analyticsClosing ThoughtsThe crypto fundraising sector is far from optimal conditions in 2023, and the negative trend continued in Q3. The amount of investment in crypto projects is steadily decreasing, falling by 75.8% (YoY) in Q3. However, the improvement of market conditions and the start of a much-anticipated "bull run" may quickly change the situation and boost crypto fundraising.Investment funds are actively supporting various projects developing blockchain-related services and tools that improve, scale and simplify the work of the crypto industry backbone, blockchains. The development of such services is crucial for the further expansion of blockchain technology and the mass adoption of crypto in people's everyday lives.Projects are typically funded in the early stages of product development, an investment strategy that can be very lucrative for venture capital firms, but also risky given the rapidly changing crypto landscape.The US remains the largest venture hub for crypto startups, despite a hostile regulatory environment. However, if regulatory uncertainty is not resolved, the US may lose its position in favor of new emerging crypto hubs such as Hong Kong.dYdX Stumbles as Bitcoin settles around $27,600 and InQubeta reaches $3.4 Million

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Chimpzee has an extraordinary path as it heads from its presale to preserving the planet and saving wildlife.This exemplary Web3 project aims to demonstrate to the world how Web3 technology can be used beyond speculation.The project provides three avenues for investors to earn a passive income while raising funds for organizations helping combat climate change and save endangered animals.Chimpzee has already made a string of remarkable transparent donations, even with its presale still underway.Now, you have the chance to get positioned in this world-changing project to earn a passive income while doing your part to help save animals and combat deforestation.Chimpzee On a Mission to Revolutionize How We Give Using Web3Chimpzee is on a mission to revolutionize how we give to charity through the power of Web3 technology.The project has created three ways for users to make a passive income, all of which help to raise funds for notable organizations that help to save animals and preserve rainforests.Chimpzee wants to increase public awareness and provide financial contributions to organizations making an impact.All of its donations are fully transparent and verifiable on-chain, so you can be sure that funds are landing where they're intended to be donated. Chimpzee created a new web page that showcases the thank you videos they received from the organizations they have helped. You can see it here: https://chimpzee.io/donationsWith global temperatures consistently on the rise and more animal species on the brink of extinction, Chimpzee is one of the only Web3 projects working to make a difference in the world.Chimpzee is essentially a movement that combines passive income with climate protection activism and is already doing its part to live up to its ethos.From Presale to Preserving the Planet and Saving AnimalsEven during its presale, which has raised a total of over $1,520,000, Chimpzee has already got ahead of its roadmap by making significant contributions to charitable organizations.These donations are completely transparent as they're facilitated through The Giving Block, an organization that helps to send crypto-based donations to verified charities.The project kicked off its charitable contributions on the deforestation prevention side of things by donating to One Tree Planted to plant 1,000 trees in the Brazilian Rainforest with another 20,000 in the Guatemalan Rainforest;It then started to save animals by donating $15,000 to the WILD Foundation to provide funding to the rangers who are protecting one of the last herds of desert-adapted elephants;With just 150 of this elephant species remaining, these funds will go a long way to help save one of the earth's most majestic creatures from the wrath of poachers.Furthermore, they made another donation to WILD Foundation, giving $20,000 to help the Yawanawa people protect the black jaguars living in the Brazilian Rainforest.According to experts, just 600 of the black panther's cousins remain, and these funds will help the Yawanawa people continue their fight to ensure they're not wiped off the face of the planet.As you can see, Chimpzee is well ahead of its roadmap and is actively working to positively impact the world.Three Pillars for a Passive IncomeOf course, you'd have no reason to invest in this meme coin if it couldn't provide you with some form of return. Therefore, Chimpzee has integrated three components into its ecosystem to help provide a passive income to holders.These components consist of shop-to-earn, trade-to-earn, and play-to-earn.The Chimp Shop is almost ready to be released. Here, users can purchase Chimpzee branded merchandise and earn $CHMPZ tokens for their purchase.The team has announced that the Chimpzee Shop is almost ready for release as they continue final testing and start to add products to the store;In addition to this, the NFT Marketplace is the only marketplace to share all of the trading fees generated with NFT holders in the ecosystem, and the play-to-earn Zero Tolerance game will provide $CHMPZ rewards for players hitting certain milestones.These components are tied together with the Chimpzee NFT Passport, which will be made available for purchase to all presale participants after the fundraising.The NFT Passport is essential to earning the most passive income in the ecosystem, providing higher rewards in all three pillars mentioned above.They provide a healthy staking APY, higher CHMPZ rewards, Chimp Store discounts, NFT trading fee shares, and additional rewards in the Zero Tolerance game.Invest Today and Take Advantage of Lower PricesOverall, Chimpzee is a project helping Web3 degens do their part for the world and make it a better place.The presale for $CHMPZ continues to blaze after raising $1.5 million.The presale is currently in the thirteenth stage, selling the token for $0.0011. However, a rising pricing mechanism will increase the price over time. Plus, early investors can take advantage of the current bonus and bring the cost of their $CHMPZ tokens to $0.0008 or less.Therefore, those who invest earlier benefit the most as they can take advantage of the lower prices.Visit Chimpzee PresaleCryptoRank's Q3 Fundraising Report MBridge is coordinated under the Bank for International Settlements (BIS). The project will have the participation of different significant companies such as Tencent, the owner of WeChat Pay, and the WeChat app. 7 Best Bitcoin Brokers for 2023“I’m disappointed that the U.S. government has done recently, but the war on crypto, which I think is a, like, we can’t give this up, we’re going to control [crypto] makes me quite sad about the country.” “The number of Bitcoin mined through our self-mining business increased by 25.8% from the previous month, and almost tripled from the same period of the previous year, to 482 bitcoins,” Kong said in an Oct. 5 statement. “During September, 217 bitcoins were mined at the Gedu mining datacenter, which was approximately 45% of our total bitcoin being mined for the month.”

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