Weekly summary of the cryptocurrency messages - 25.04.2022

Weekly summary of the cryptocurrency messages - 25.04.2022

  • Coinbase NFT enables users on the waiting list to take part in a beta program of the NFT marketplace
  • Kadena Eco starts a scholarship of $ 100 million to give developers the opportunity to build on the Kadena network
  • A16Z has set up an academic laboratory geared to crypto research to solve important problems in the blockchain scene
  • Binance recruits two former supervisory authorities for his compliance and surveillance team
  • Australia defines a political timetable to regulate crypto-assets

Here are the top cryptocurrency headlines that you may have missed last week:

Coinbase NFT starts in beta plans to gradually add

in the coming weeks

Münzbasis To enable some members on the waiting list of Coinbase and the use of the platform, which is currently in a limited beta phase. According to Coinbase, the marketplace will be more than just that because it aims to cultivate a community around it.

It was "only" six months since the crypto exchange has announced plans for the initiative, and now the millions of users on the waiting list in the coming weeks in the order "Whoever comes first" will be added to the platform on the platform, the waiting list is running.

Coinbase NFT will have support for Ethereum NFTS and will add support for tokens on other blockchains in the future. In order to further promote the participation of the users, Coinbase and will not charge the users for an initial period of time, which means that the only fee that will arise are the characteristic gas fees for the Ethereum network.

In search of a common experience, the marketplace will integrate social feeds that enable users to interact with certain profiles about actions such as commenting - a feed like that of Instagram.

The Kadena ecosystem aims to support developers with a grant of $ 100 million

To strengthen developers, the decentralized infrastructure platform Kadena announced The introduction of a grant of 100 million US dollar to support web developers. The financing is issued by Kadena Eco to encourage builders on board the Kadena network, a layer one-one-proof-of-work blockchain based on the Kadena protocol.

The fund would be available to all Web 3.0 developers who can now apply to benefit from it. The applicants would be assessed on the basis of the team experience, the technical strength of their projects, the applicability in the Kadena ecosystem and the details of the specifications. Another qualifying factor would be that selected companies have to be ready to subscribe to Kadena’s "Connect the open philosophy."

The grants would be initiatives in Defi, Daos, NFTS, Web3 and the meta -verses. In addition, Kadena will offer more than just financing, with plans for the establishment of initiatives around a venture program, an incubator, an accelerator and the improvement of research and development. It will also be a source for mentoring and community leadership for developers.

The VC company Andreessen Horowitz founds a web3-focused crypto research laboratory

Risk capital-Mammut Andreessen Horowitz, A16Z, At the end of last week an academic research laboratory was announced- A16Z Crypto Research-opened, which focuses on the support of web3 startups and the solution of compulsory situations with which the rapidly developing area of digital assets is faced.

Chris Dixon and Ali Yahya, who are partners of the venture company, said that the newly created research laboratory would work with the companies under the roof of A16Z to solve significant problems and to improve the technology and development for the next iteration of the Internet.

The team is headed by Tim Roughgarden, an academic expert in game theory who works as a professor of computer science at Columbia University. Roughgarden has been part of A16Z since last year as a Research Advisor. After the founding of the research laboratory, the 46-year-old is now entitled-Head of Research.

In addition to the search for solutions for existing problems, A16Z Crypto Research will develop products that are used by the list of companies under the roof of Andreessen Horowitz in some cases. Roughgarden says that the work to be done will be of crucial importance and may be taught at universities at universities in the 2030s.

Binance takes two former regulatory authorities on board

After the difficult relationship with the supervisory authorities in various countries last year, the largest crypto exchange in the world according to the trading volume, Binance has turned the sheet by actively trying to comply with legal regulations.

The exchange Last Thursday Former supervisory authorities connected to his team - Steven McWhirtter, a former member of the British Financial Conduct Authority (FCA), and Seth Levy from the US Financial Industry Authory (Finra). The two come to Binance as Director of Regulatory Policy or Head of Market Surveillance.

McWhirtter served as an expert on political issues and worked in Great Britain and other countries in politics. Levy watched the US stock markets and examined foul playing at Finra-a career that stretched over almost two decades.

The two were recruited to enable Binance to improve his surveillance powers and to strengthen its compliance efforts. Levy explained that her work would make sure that bad players and illegal activities are kept away by Binance. He added that they intended to work with regulatory authorities and experts in the crypto scene in order to gain the trust of the public in the cryptoma markets.

The Australian financial supervision sets a period of 2025 for crypto regulation

Last Thursday, the Australian Prudential Regulation Authority (Apra) presented a four -year timetable for cryptopolitics to create a framework for regulating cryptocurrencies. The crypto risk management and the guideline roadmap would prescribe the analysis of crypto-assets and the risks associated with the investment.

The APRA plans to demand that companies that interact with crypto -related areas are clarifying about the level of risks such as business continuity, control effectiveness and service provider management before dealing with them.

The agency requires that you introduce robust risk management measures with an clear accountability and relevant reporting. " The APRA added that owners of a registration superannuation Entity (RSE) license that would like to invest in Krypto have a strategy that ensures compliance with existing regulations and that the interests of the beneficiaries in Center.

In addition, Arpa also aims at the implementation from "supervisory regulation" of stablecoins and works with the Council of Financial Regulator (CFR) to enable their use for payments. The regulation of stablecoins is to be bundled by large stored value facilities (SVFS), which is expected to come next year.

Source: Coinlist.me

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