🦎🚀 They're coming for your coins 💰

Tuesday, December 12, 2023

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Capital Is Moving

Crypto venture capital firm C1, led by former Coinbase executives, has reportedly engaged with various cryptocurrency groups and Australian venture firms, aiming to acquire private holdings from investors via its $500 million ($AUD 760 million) fund, as reported by the Australian Financial Review.

C1 has approached entities like gaming and metaverse-focused venture capital firm Animoca Brands and blockchain analysis entity Chainalysis, offering to purchase private holdings at discounts ranging between 50% and 80% from their last valuations, according to the report.

In other news, Google plans to revise its policy on crypto ads, Conio collaborates with Coinbase to introduce a diverse range of digital assets to Italian banks, and FIFA is set to release NFTs offering holders a chance to obtain tickets for the 2026 World Cup Final.

Read on!

24h Hot Searches Worldwide 🔥

Injective (+23.1%)
Celestia (+20.9%)
ORDI (+11.8%)
Bonk (+8.3%)
Kujira (+28.3%)
Avalanche (+14.3%)
Jito (+7.1%)

Where Is Cryptocurrency Legal vs. Illegal, Around the World?

Only 62 (52.1%) of the 119 countries where cryptocurrency is legal have comprehensive regulations. This number has gone up by 53.2% since 2018 when only 33 jurisdictions had cryptocurrency regulations.

Among the 62 countries with established regulations, 36 (58.0%) are individual countries, 22 (35.5%) are part of the European Union (EU), and 4 (6.5%) are British Overseas Territories.

Scroll, yet another Ethereum zk-rollup, has recently launched its mainnet. Learn about what makes it tick and how it differs from other layer 2s like ZkSync Era in this video!

Watch now!

Riding The Wave

Google, a dominant force in online advertising, revealed plans to revise its existing restrictions on crypto ads to permit the promotion of 'cryptocurrency coin trusts.'

Under the updated policy, verified advertisers on Google can now promote 'financial products facilitating investors to trade shares in trusts holding substantial digital currency reserves.'

Decrypt

Bringing Crypto to Italian Banks

Conio, a cryptocurrency wallet company partially owned by Poste Italiane and Banca Generali, has partnered with Coinbase (COIN) to introduce a diverse array of digital assets to Italian banks and financial institutions, as announced by both firms on Monday.

With a customer base exceeding 400,000, Conio collaborates with Coinbase Prime to offer liquidity to institutions handling digital assets. Additionally, they plan to expand wallet support to accommodate up to 50 tokens by the end of 2023.

CoinDesk

Tickets For The 2026 World Cup Final

FIFA, the global governing body of the world's most popular sport, will release a limited number of digital collectibles later this week, granting holders the opportunity to attend the final game of the 2026 World Cup, as per an official statement.

The first drop will comprise 100 digital collectibles featuring the rarest items that provide access to secure tickets for the 2026 FIFA World Cup final. An additional 900 digital collectibles will be issued on the Polygon network, accessible through the OpenSea platform.

The Block

Develop Your Own Neural Network Crypto Trading Algorithm 🤯

Crypto algorithmic trading is the use of automations to analyze market and historical data, blend statistical models and predefined criteria to execute cryptocurrency trades, and capitalize on market opportunities efficiently.

In today's guide, learn how to develop a crypto trading algorithm using an artificial neural network, using the Open High Low Close Volume (OHLCV) endpoint from GeckoTerminal's DEX Data API.

Learn more here

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