5 news from the crypto world - May 15

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  • The dYdX exchange , backed by Andreessen Horowitz, has announced the public launch of its BTC-USDC Perpetual Contract Market. According to the announcement, they entered a private Alpha on April 20, have since tested the system during market volatility, collected comments from UI and UX, and increased liquidity in their order books with market makers. Since joining Alpha to date, dYdX has traded nearly $ 5 million, with $ 3 million of that amount since Sunday.

  • The South Korean city of Gimhae in South Gyeongsang province has announced that it will launch blockchain-powered ID cards that will allow its residents to browse local and government-affiliated websites faster than ever. Gimhae authorities say they are interested in developing a digital ID verification platform and a "mobile electronic wallet" before the end of this year.

  • The Minister of Energy of Ukraine is working with the Ministry of Finance of the country in a proposed deal that could see excess nuclear energy provided criptomonedas miners, according to the BBC reported. The news network quoted Energy Minister Olga Buslavets as saying: "If the plan is implemented, it will be a signal to investors who want to implement similar projects in Ukraine."

  • Blockchain Valley Ventures (BVV), a venture capital firm focused on blockchain technology, and Delio , a provider of investment technology in private markets, have launched BVV Dealroom, a virtual marketplace for blockchain startups and investors. The platform will facilitate companies the entire process of communications and agreements in a regulatory manner. Additionally, in an effort to support the startup industry during COVID-19 related restrictions, startups and investors will not pay any subscription fees.

  • Operators Fintech sandbox South Korea say that the sandbox has already created 380 jobs related to blockchain Fintech and generated about $ 111 million investment. The sandbox is the brainchild of a government financial regulator, the Financial Services Commission, which is working with 16 new fintech companies. The companies have been exempt from most forms of financial regulation for four years, and have already carried out a total of 36 pilots, with more than 60 more test programs to follow this year.

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You are so up to date with information!

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