Macro guru Raoul Pal says that contrary to conventional wisdom, Ethereum (ETH) has outperformed Bitcoin (BTC) during the latest crypto bear market. In a recent interview with Layah Heilpern, the Real Vision CEO says that the leading smart contract platform has outpaced BTC during a time when the top crypto asset by market usually shines. […]
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An Ethereum (ETH) challenger is surging after blue-chip investors poured hundreds of millions of dollars into the crypto project. According to a new report by Bloomberg, Near Protocol (NEAR) just raised $350 million led by tech investment firm Tiger Global, nearly double what it acquired through fundraising just three months ago. NEAR is a layer-1 […]
The post One Ethereum Rival Is Exploding As Institutional Investors Pile In – And It’s Not Solana, Avalanche or Cardano appeared first on The Daily Hodl.
Macro investment expert Raoul Pal is warning of an under-the-radar economic trend shift lurking within the foreign exchange markets. The former Goldman Sachs executive points to sudden strength in the US dollar versus the Japanese yen. “Something big is happening FX… very big. I just don’t know what it means yet… Dollar JPY is testing […]
The post Currency Markets Could Blow Up and Send Money Into Crypto, Gold, Stocks and Bonds: Raoul Pal appeared first on The Daily Hodl.
Coinbase board director and former federal prosecutor Kathryn Haun is announcing the launch of her new venture fund supporting Web 3.0, the next generation of the internet based on decentralized blockchain technology. Haun tells her 92,500 followers on Twitter that her venture capitalist firm Haun Ventures just raised $1.5 billion, representing the largest debut fund […]
The post Coinbase Board Director and Former U.S. Justice Department Prosecutor Announces $1,500,000,000 Crypto Fund appeared first on The Daily Hodl.
US-based crypto exchange giant Coinbase is adding a new feature to their crypto wallet browser extension that streamlines access to decentralized finance (DeFi) and non-fungible token (NFT) marketplaces. In a new company blog post, Coinbase senior director of product management Prakash Hariramani says Coinbase Pay will allow investors to use their crypto wallet through Google’s […]
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Griffin Gaming Partners, a venture capital firm specializing in gaming-related investments, has revealed the launch of its second gaming-related fund. The fund, which was reportedly oversubscribed, managed to raise $750 million to support gaming initiatives, including Web3-based and blockchain endeavors. Griffin Gaming Partners has now amassed more than $1 billion AUM. Griffin Gaming Partners Raises […]
Leading cryptocurrency exchange Binance has announced the launch of its own payments processing company, Bitfinity. Bitfinity will act as the default fiat-to-crypto payments ramp for the exchange, as well as for other blockchains. With this launch, Binance also targets the expanding Web3 economy, partnering with Paysafe and Checkout.com. Bitfinity Launches to Help Merchants Accept Crypto […]
Elon Musk, CEO of Tesla, has criticized the current state of the metaverse and the Web3 movement, suggesting the latter concept is a “marketing buzzword.” The crypto influencer also posted a video of David Letterman making fun of the early internet in an interview with Bill Gates, and wondered what the future will bring. Musk […]
The funds from EduDAO will be used for research, education and entrepreneurship in Web 3.0 technologies among the world's top universities.
On Thursday, BitDAO, one of the world's largest decentralized autonomous organizations with over $2.5 billion assets under management and its partner Mirana Ventures, announced the creation of EduDAO with eight of the world's top universities including the University of California Berkeley, MIT, Harvard and Oxford University.
EduDAO is financed by the BitDAO treasury and will allocate $11 million each year to funding project grants, research and standalone product development with $33 million in initial capital. The funds will go to academic research for next-generation blockchain and Web 3.0 technologies.
"Tomorrow’s most promising products and designs are being devised at the university level right now; this partnership facilitates that growth at a scalable level by giving students and faculties access to sorely needed investment capital," said John Allen of Mirana Ventures.
Roman Ugarte and Virat Talwar, co-presidents of the Harvard Blockchain Club, said: "Placing the power of targeted funding and information distribution in the hands of a decentralized collective of students, faculty members, and alumni is a revolutionary step forward for institutions such as Harvard."
Jocelyn Weber Phipps, deputy director for UC Berkeley’s Center for Responsible, Decentralized Intelligence (RDI), added:
UC Berkeley is honored to partner with EducationDAO and further build on our new Berkeley RDI Center’s efforts to act as a hub and platform for collaborations globally with other organizations & researchers, as exemplified in leading the first DeFi MOOC with thousands of students enrolled from 30+ countries and our non-dilutive Berkeley Blockchain Xcelerator open to teams around the world.
Solana Ventures, the investment arm of Solana Labs, has announced a new investment fund to bring more Web3 products to its network. In partnership with Forte, a company that provides tools for blockchain integration on games, and Griffin Gaming, a VC company invested in the global gaming market, Solana Ventures will open a $150 million […]
