The Block: Polkadot-based decentralized insurance project Tidal Finance raises $1.8 million in a token sale
Tuesday, 02 March 2021 08:30
Tidal Finance, the yet-to-launch Polkadot-based decentralized insurance protocol, has raised $1.8 million in a private token sale round. The post Polkadot-based decentralized insurance project Tidal Finance raises $1.8 million in a token sale appeared first on The Block.
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The Block: Crypto banking services provider BCB Group raises $4.5 million in new funding
Tuesday, 02 March 2021 11:05
BCB Group, a London-based startup providing banking services to crypto firms, has raised $4.5 million in a strategic funding round. The post Crypto banking services provider BCB Group raises $4.5 million in new funding appeared first on The Block.
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Decrypt Media: UK Budget: Bitcoin Holders Could Face Massive Capital Gains Tax Hike
Tuesday, 02 March 2021 12:48
Big increases to the UK's capital gains tax are on the cards in tomorrow's Budget—with serious implications for crypto users.
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The Block: [SPONSORED] Ontology, A Blockchain For Decentralized Identity And Data
Tuesday, 02 March 2021 13:08
At Ontology, we've spent the last 3 years realizing our vision for decentralized identity and data. While hard at work, we are developing products and protocols vital to the sustained growth of a decentralized ecosystem which not only prioritizes users, but also their identity and data. The…
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The Block: Bitcoin mining firm Bitfarms orders 48,000 new machines to expand its hashrate
Tuesday, 02 March 2021 13:25
Publicly-traded bitcoin mining firm Bitfarms has ordered 48,000 new machines to expand its hashrate. The post Bitcoin mining firm Bitfarms orders 48,000 new machines to expand its hashrate appeared first on The Block.
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The Capital: What is Polkadot?
Tuesday, 02 March 2021 14:00
Polkadot is a bridge-like protocol that allows exchanging data and tokens across multiple blockchains. The design was developed by the Web3 Foundation with the goal of gradually building a fully-functioning and versatile decentralized web.Polkadot’s protocol offers a safe and secure environment for cross-chain computation and transmission. This,…
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The Block: Evolve Funds files for ETH ETF weeks after scoring approval for bitcoin product
Tuesday, 02 March 2021 14:25
Evolve Funds, which won approval from regulators in Canada for its bitcoin exchange-traded fund (ETF) last month, filed on Monday for a product based on ether (ETH). The post Evolve Funds files for ETH ETF weeks after scoring approval for bitcoin product appeared first on The Block.
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The Block: Derivatives DEX Kine raises $7 million in round led by Alex Pack, Naval Ravikant
Tuesday, 02 March 2021 15:50
Kine Protocol has raised $6 million to launch a derivatives decentralized exchange on ethereum that touts a "CeFi-like trading experience." The post Derivatives DEX Kine raises $7 million in round led by Alex Pack, Naval Ravikant appeared first on The Block.
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BeInCrypto: ZenLedger Partners With eToro to Simplify Crypto Tax
Tuesday, 02 March 2021 18:20
As the IRS wisens up to cryptocurrencies, traders will likely need support. This year, a question regarding virtual currency will appear at the top of the 1040 form for 2020 tax filings in the US. Form 1040 is used for personal income tax returns. The partnership seeks…
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Bitcoin Magazine: What is KYC?
Monday, 01 March 2021 23:21
Know Your Customer (KYC) guidelines are requirements that compel financial services providers to make an effort to identify their customers. Fulfilling KYC requirements often includes gathering personal information about these customers by asking them to submit personal ID documents (e.g., ...
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