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Bank of England’s Cunliffe: Crypto Threat to Financial Stability ‘Getting Closer’ — Urges Regulators to Act Now

Source Node: https://news.bitcoin.com/bank-of-englands-cunliffe-crypto-threat-financial-stability-urges-regulators-to-act-now/
Time Stamp: November 16, 2021 1:30 AM - Modified On: November 16, 2021 - Published By:
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Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrency is getting closer to posing a threat to global financial stability due to the sector’s rapid growth. Crypto is also being integrated into the traditional financial system at a rapid rate. He urges regulators to take action now. Bank of England’s Jon Cunliffe Warns Crypto Is Closer to Becoming a Threat to Global Financial Stability Sir Jon Cunliffe, Bank of England’s deputy governor for financial stability, talked about bitcoin and cryptocurrencies in general on BBC’s

LBank Exchange Will List LMCSWAP on November 15, 2021

Source Node: https://news.bitcoin.com/lbank-exchange-will-list-lmcswap-on-november-15-2021/
Time Stamp: November 16, 2021 1:00 AM - Modified On: November 16, 2021 - Published By:
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press release PRESS RELEASE. INTERNET CITY, DUBAI, Nov. 15, 2021 – LBank Exchange, a global digital asset trading platform, will list LMCSWAP (Limocoin Swap) on November 15, 2021. For all users of LBank Exchange, the LMCSWAP/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on November 15, 2021. In the ever-evolving African continent, blockchain technology and crypto are changing its economic landscape dramatically. Limocoin Swap (LMCSWAP) is a token created to allow, by the principle of crypto assets, the evolution of market solutions. The LMCSWAP token will

‘Big Short’ Investor Michael Burry Says ‘I’ve Never Shorted Any Cryptocurrency’ — Warns of the Biggest Bubble

Source Node: https://news.bitcoin.com/big-short-investor-michael-burry-never-shorted-any-cryptocurrency-warns-biggest-bubble/
Time Stamp: November 15, 2021 9:30 PM - Modified On: November 15, 2021 - Published By:
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Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says that he has never shorted any cryptocurrency. He further warned that the current bubble is the biggest one. Michael Burry on Bubbles and Shorting Cryptocurrencies Famous investor and founder of private investment firm Scion Asset Management, Michael Burry, has confirmed on Twitter that he has never shorted cryptocurrency. Burry is best known for being the first investor to foresee and profit from the U.S. subprime mortgage crisis that occurred between 2007 and 2010. He is profiled in

Paradigm Launches $2.5 Billion Venture Fund to Invest in Next Generation of Crypto Companies and Protocols

Source Node: https://news.bitcoin.com/paradigm-launches-2-5-billion-venture-fund-invest-next-generation-crypto-companies-protocols/
Time Stamp: November 15, 2021 7:30 PM - Modified On: November 15, 2021 - Published By:
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Investment firm Paradigm has launched a $2.5 billion venture fund to invest in the next generation of crypto companies and protocols. The firm believes that the “new fund and its size are reflective of crypto being the most exciting frontier in technology.” $2.5 Billion Fund for Crypto Industry Investment firm Paradigm announced Monday the launch of a $2.5 billion venture fund to invest in the next generation of crypto companies and protocols. Matt Huang and Fred Ehrsam, who co-founded Paradigm in 2018, explained: Our conviction in these beliefs has only

Libre DeFi AMA Session With BeInCrypto

Source Node: https://beincrypto.com/libre-defi-ama-questions-2/
Time Stamp: November 5, 2021 12:45 AM - Modified On: November 5, 2021 - Published By:
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BeInCrypto recently held an ask-me-anything (AMA) session with Libre DeFi, a platform that promises to simplify the entry into the DeFi space via its user-based and frictionless onboarding experience.Sponsored Sponsored BeInCrypto: Hi Everyone! Welcome to another BeInCrypto AMA Session! Today we welcome both Julian (@libredefijulian) and Josh (@LibreJosh). They are CEO and COO at Libre Defi, respectively. Here is how things will work. I’ll have 10 questions for them. After these questions, they will pick up 5 out of all the questions asked by the BeInCrypto community. Good luck to you

Supreme Origin CBD Coffee Now Available in the U.S.

Source Node: https://www.prweb.com/releases/supreme_origin_cbd_coffee_now_available_in_the_u_s/prweb18308167.htm
Time Stamp: November 3, 2021 8:30 AM - Modified On: November 3, 2021 - Published By:
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Supreme Origin Tolima “As a coffee expert, I saw this opportunity to blend my passion for wellness and coffee into a great new brand looking to reshape how we experience our favorite morning beverage,” Shattah says. DENVER (PRWEB) November 03, 2021 World-renowned infused coffee Supreme Origin arrives in the United States in time for the holiday season with 20 percent off for new subscribers and free shipping nationwide in November. Help coffee-loving friends and family perk up and relax this holiday season with the gift of great-tasting CBD-infused coffee for

Education Ecosystem Is Set to Become the Biggest Crypto Channel for Developers on YouTube

Source Node: https://news.bitcoin.com/education-ecosystem-is-set-to-become-the-biggest-crypto-channel-for-developers-on-youtube/
Time Stamp: November 2, 2021 9:00 AM - Modified On: November 2, 2021 - Published By:
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press release PRESS RELEASE. Education Ecosystem (LEDU), a leader in online project-based learning, is excited to announce that it is presently creating over 1000 video projects for CMC Top 100 blockchains to teach developers how to build new applications related to financial apps, decentralized markets, games, crypto wallets, and more. With more crypto exchanges releasing their APIs and SDKs, Education Ecosystem seeks to plug a gap where crypto developers do not have tutorials and resources to learn how to build crypto products. Education Ecosystem believes that creating these projects, which

Gaming Giant Ubisoft Mentions Blockchain in Recent Earnings Report

Source Node: https://news.bitcoin.com/gaming-giant-ubisoft-mentions-blockchain-in-recent-earnings-report/
Time Stamp: November 2, 2021 8:30 AM - Modified On: November 2, 2021 - Published By:
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Ubisoft, one of the biggest gaming companies in the entertainment world, mentioned blockchain as one of the key points of focus for the future of the brand. The company said it is exploring blockchain as an innovative technology to be included in games in its latest earnings report. While blockchain’s play-to-earn trend has experienced a boom this year, the traditional gaming industry still has yet to embrace blockchain as part of a flagship product. Ubisoft to Explore Blockchain for Future Products Ubisoft, the gaming giant known for mega-successful franchises like

Eros Now Launches a Bollywood Film Festival on Facebook

Source Node: https://beincrypto.com/eros-now-launches-a-bollywood-film-festival-on-facebook/
Time Stamp: November 2, 2021 8:03 AM - Modified On: November 2, 2021 - Published By:
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Fans can watch 30 movies over 30 days starting from November 3, 2021.Sponsored Sponsored Eros Now, a leading over-the-top (OTT) South Asian entertainment platform owned by Eros STX Global Corporation, a global entertainment company is launching a month-long Bollywood Film Festival on Facebook Watch this Diwali. As part of this collaboration, Eros Now will premiere a movie every day from its massive library of over 12,000 Indian films and stream it on Eros Now’s Facebook page from November 3 to December 2. The movies will be powered by Mzaalo, a

Paraguay Eyed as New Bitcoin Mining Destination

Source Node: https://news.bitcoin.com/paraguay-eyed-as-bitcoin-mining-destination/
Time Stamp: November 2, 2021 5:30 AM - Modified On: November 2, 2021 - Published By:
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Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a bitcoin mining facility in the country, explaining they were determining the best location for the upcoming farm. In June, local media declared that there were eight Chinese economic groups interested in coming to the country. Paraguay Considered for Its Bitcoin Mining Potential Paraguay, an often overlooked country of South America, has recently been in the sights of mining institutions interested

DCG Reaches $10 Billion Valuation in Secondary Sale Led by Softbank and Capitalg

Source Node: https://news.bitcoin.com/dcg-reaches-10-billion-valuation-in-secondary-sale-led-by-softbank-and-capitalg/
Time Stamp: November 2, 2021 2:30 AM - Modified On: November 2, 2021 - Published By:
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Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new ones. The funding round was led by Softbank and also included participation from Capitalg, Google’s investment firm. $700 million worth of shares changed hands via the sale. Digital Currency Group Sells $700 Million in Secondary Sale Round Digital Currency Group (DCG), a crypto-focused company, announced a secondary sale where existing investors sold part of their shares to newcomers to the