Crypto Daily Digest with Ares_Diego Edition #3
12th February, 2021
🗞Uber CEO: Consider using cryptocurrencies including Bitcoin as a payment method
Dara Khosrowshahi, CEO of Uber, a popular ride-sharing company in North America, said in an interview with CNCB today that cryptocurrencies including Bitcoin are considered as a payment method. Khosrowshahi said that if the benefits or the need for doing so can be determined, the team will study it. Since October 2019, Uber has been a member of the Libra (now Diem) stablecoin association.
🗞Ripple co-founder Jed McCaleb sold approximately 130 million XRP tokens in a week
According to Decrypt, XRPscan data shows that Ripple co-founder Jed McCaleb sold about 130 million XRP tokens worth US$69.3 million in a week. Between February 4 and 6, McCaleb's "tacostand" wallet sold 12.7 million XRP in three batches, followed by two more batches in the next two days, each containing more than 19 million XRP. Three more transactions occurred this week, each with approximately 19 million XRP, the last of which was completed earlier today. The balance of McCaleb's "tacostand" wallet is 480.5 million XRP (approximately US$249.8 million). The push data shows that the price of XRP has risen by nearly 8% in the past 24 hours.
🗞The value of the DeFi fund of Crypto Ventures Framework Ventures has increased from US$14 million to US$300 million
According to Coindesk, the DeFi craze has injected huge income into the DeFi investment fund of Crypto Ventures Framework Ventures. Its value has increased from US$14 million to US$300 million. This two-year-old DeFi studio and venture capital The company is now preparing to expand. Co-founder Michael Anderson stated that his goal is to double the number of Framework development and project teams to 30 by the end of 2021.
🗞Crypto remittance service provider Valiu completes $5.25 million in seed round financing, led by Blockchange Ventures and Anthony Pompliano
Crypto remittance service provider Valiu announced the completion of a seed round of 5.25 million US dollars, Blockchange Ventures and Anthony Pompliano's Pomp Investments led the investment, Castle Island, Messari founder Ryan Selkis and existing investors Y Combinator, Mercy Corps, IDEO Colab and others participated in the investment. Valiu mainly provides Bitcoin cross-border payment services to Latin America. Its mobile application allows users to buy synthetic dollars backed by Bitcoin and easily send them to other cross-border users. The recipient can cash it into a Venezuelan bank account within an hour. In addition, Valiu can also be used as a savings account to protect deposits from hyperinflation. According to data from the Valiu website, the service has processed 400,000 transactions with a total value of 8.4 million U.S. dollars and has more than 52,000 users.
🗞Gray Register YFI Trust Fund Products
The icis.corp.delaware.gov website shows that Grayscale registered the Yearn.Finance (YFI) trust fund product on February 10. But the fund manager said that these products will not necessarily be put on the market: "Sometimes, we will make a reservation application, although the application does not mean that we will bring the product to the market. Grayscale will continue to announce when it will provide new products to investors." Last month, Grayscale also registered trust funds such as Chainlink (LINK), Tezos (XTZ) and Cardano (ADA).
🗞The Argentine government is considering issuing digital pesos
Decrypt reported that the Argentine government is considering issuing digital pesos. Governor Catamarca has submitted a written proposal to the country's President Alberto Fernandez, suggesting the creation of a central bank digital currency. The proposal also includes exploring the possibility of tokenizing mining concessions at the local level, so that digital wallets and blockchain networks can be used to manage payments.
🗞Paypal plans to expand it's cryptocurrency services to the UK in the coming months
PayPal executive Jonathan Auerbach revealed in yesterday's investor fireside conversation that PayPal plans to expand its cryptocurrency services to the UK in the next few months. PayPal also plans to provide encryption services for Venmo wallet holders by the end of the second quarter of 2021. Other non-encrypted services include: the development of Venmo into an international business by 2026 and the widespread introduction of Venmo credit cards.
🗞PayPal CEO: We are the perfect complement for central bank and government to distribute CBDC
PayPal CEO Dan Schulman said in an investor meeting on Thursday that PayPal's digital wallet will be used as a way for the central bank to distribute CBDC to consumers of different income levels. Schulman said: "Think about how many (digital wallets) we will have in the next two to five years. We are the perfect complement for the central bank and the government to distribute these digital currencies." Schulman also revealed that PayPal is studying smart contracts and tokenization of other non-encrypted assets.
🗞Andrew Yang: If elected mayor, I will make New York the hub of Bitcoin and other cryptocurrencies
Former Democratic presidential candidate and 46-year-old Asian entrepreneur Andrew Yang just tweeted: "If I become the mayor of New York, as a world financial capital, I will make New York a Bitcoin. And other cryptocurrency centers". According to reports, Yang Anze has submitted relevant documents for the mayor of New York and will formally participate in the mayor of New York in 2021. As early as July 2018, Yang Anze began to accept Bitcoin, Ethereum and a series of other cryptocurrencies as campaign funds, and he himself also holds Bitcoin.
🗞Millionaire Kevin O'Leary: Bitcoin is great, invested in a cryptocurrency portfolio
Millionaire investor Kevin O'Leary told CNBC that he purchased a small amount of cryptocurrencies, including equivalent amounts of BTC, ETH, XRP, LTC, BCH and XLM. He also said that Bitcoin is great. O'Leary, who has long been a critic of crypto assets, seems to be changing his views on Bitcoin.
🗞The market value of Ethereum rises to the 43rd place in global assets, surpassing famous companies such as AT&T
According to Asset Dash data, the market capitalization of Ethereum has risen to the 43rd position in the global assets, currently about 206.216 billion U.S. dollars, which has surpassed famous companies such as AT&T and Cisco.
🗞North America's first Bitcoin ETF is approved by Canadian securities regulators
North America's first Bitcoin exchange-traded fund (ETF) has been approved by Canadian financial regulators. According to a document on Thursday, the approval letter from the Ontario Securities Commission was filed under the multilateral instrument system of multiple jurisdictions in Canada.
🗞PayPal CFO: The company is unlikely to invest cash in cryptocurrencies
PayPal Chief Financial Officer John Rainey said in an interview with CNBC, “We should not invest the company’s cash in cryptocurrencies, but we want to seize the immediate growth opportunities.” The company’s CEO Dan Schulman once said , The company is more interested in returning cash to shareholders and making new acquisitions. PayPal acknowledges that the transition to digital currency is inevitable.
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