Decentralized autonomous venture ecosystem DAO.VC announces its launch

Hosingen, Luxembourg/ July 12, 2021/ The first fully legitimate and autonomous decentralized venture ecosystem DAO.VC announces the launch of both the project and the sale of its own DAO.VC tokens. The platform is a marketplace and a social network for all participants of the venture industry, which also has its own acceleration program to provide a full range of services for the development of startup projects, earnings on investments, and also helps to select a team and performers, both for cryptocurrency and blockchain companies including classic venture projects. “Our project has become a…

Read More

South Korean Bank Woori Financial to Offer Crypto Custody Services

Woori Financial Group, one of the biggest financial conglomerates in South Korea, will offer crypto custody services. The bank will develop a joint venture effort with Coinplug, a blockchain-based developing company. This conglomerate signals the third bank entering the market in the country, after KB Kookmin Bank and Shinhan Bank. Woori Financial to Develop Joint Venture to Offer Custody Services Woori Financial Group, one of the biggest banks in South Korea, will soon offer cryptocurrency custody services. According to reports from Korea Economic Daily, Woori will establish a joint venture…

Read More

Traders are withdrawing 2,000 BTC from centralized exchanges daily

Surging BTC outflows from centralized exchanges suggest the Bitcoin markets could be in an accumulation. The number of Bitcoin held on centralized exchanges has consistently fallen since late May, with roughly 2,000 BTC (worth roughly $66 million at current prices) flowing out of exchanges daily. Glassnode’s July 12 Week On-Chain report found that Bitcoin reserves on centralized exchanges have fallen back to levels not seen since April, the month that saw BTC blast to its all-time high of roughly $65,000. The researchers noted that during the bull run leading up…

Read More