Crypto News Summary: Bridgewater Associates ‘Transitions’ from Ray Dalio, LG Partners w/ NFT Platform

Ray Dalio. Source: a relevant video screenshot, Financial Observer / YouTube

 

Get the daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the tales flying individually distinct of today’s crypto news.
__________

Career news

  • Major hedge fund Bridgewater Associates stated that it is founder Ray Dalio has finished a leadership transition that started in Feb. The required and needed legal, regulatory, and investor needs to complete the transition procedure happen to be completed, and, to any extent further, the fund is going to be brought by co-CEOs Nir Bar Dea and Mark Bertolini, in addition to co-chief investment officials Greg Jensen and Bob Prince.
  • Daniel Leon, co-founding father of bankrupt loan provider Celsius Network, has walked lower, Bloomberg reported.
  • Infrastructure and technology solution Pool Data announced that Andrew Yang, former US presidential candidate, entrepreneur, and Web3 advocate, will join its team like a Proper Consultant. Yang will support Pool Data’s pursuit to redistribute power, value, and control within the data economy, they stated.
  • Major crypto exchange Coinbase has hired a Goldman Sachs executive Usman Naeem since it’s new mind of worldwide derivative sales and agency buying and selling working in london, according to some LinkedIn publish. Naeem also labored within the equity derivatives department of Bank of the usa Merrill Lynch.

NFT news

  • South Korean tech giant LG announced a worldwide partnership with Portuguese-based non-fungible token (NFT) platform Fr0ntier X to provide interactive NFT integrations and encounters on LG webOS Smart Signs, stated an announcement. This partnership is made around Fr0ntierX’s suite of software programs and it is application that enables for authentication of NFT’s on-screen. This permits a brand new type of options for brands and users to understand more about while maximizing NFT utility, they added.

Exchange news

  • Coinbase is expanding its services around australia with cool product features, stated a comment. Australians will have the ability to buy, sell, and trade crypto with new PayID features,  and they’ll obtain access to Retail Advanced Buying and selling, supplying more complex traders within-depth technical analysis of crypto markets.
  • OKX’s website continues to be blocked in Russia, according to Roskomsvoboda, a nearby NGO monitoring online censorship, so that as first as reported by CoinDesk. The reason why for this being blacklisted are unknown. 
  • Digital asset exchange EDX Markets and blockchain infrastructure platform Paxos (PAX) announced a partnership that will institutional child custody of traded assets for EDXM clients, and supply Paxos customers with immediate access for this new ecosystem, stated the pr release.

Web3 news

  • Web3 services platform Chainlink announced that Two Sigma Securities, an organized liquidity provider and buying and selling business, has became a member of the Chainlink network, enabling developers within the Web3 ecosystem to gain access to Two Sigma Securities’ market data to aid an array of smart contract use cases that depend with an aggregation of information sources for financial market data, including swaps, options, along with other derivative markets. Two Sigma Securities is adding its proprietary data to Chainlink decentralized oracle systems (DONs) to create tamper-resistant oracle reports, stated the pr release.
  • The building blocks behind the NEAR Protocol announced a brand new partnership with Google Cloud. The collaboration calls for Google Cloud supplying tech support team for NEAR grantees because they develop and scale their Web3 projects and dapps, stated a comment.

DeFi news

  • Market infrastructure provider Cboe Markets announced it’s became a member of the Pyth network, a decentralized financial (DeFi) market data distribution platform for aggregated data. Per the announcement, Cboe intends to begin publishing limited derived equities market data for several symbols in one of their four US equities exchanges towards the Pyth network in 4th-quarter 2022, supplying real-time, institutional-grade prices information to assist further grow the network.
  • Polkadot (Us dot)-based DeFi-focused parachain Acala stated on Wednesday it has fully reopened its services to users following its security incident. “The community referendum for stage 3/3 of resuming Acala operations continues to be performed. All functionalities on Acala are actually live,” they stated inside a tweet.

Investment news

  • Talent Protocol, the web3 professional community for top-potential builders, has acquired Agora Labs, a social token and NFT infrastructure platform for creators to construct and scale their communities, stated an announcement. The purchase won’t integrate Agora’s tech stack and community into Talent Protocol, but additionally onboard its youthful founders, Matthew Espinoza (Chief executive officer) and Freeman (CTO), in to the team.

Gaming news

  • Oasys, a blockchain produced for the gaming community, announced a proper partnership with tofuNFT, a multi-chain, GameFi-focused NFT marketplace, to grow the Oasys gaming ecosystem. Included in the proper partnership, tofuNFT will integrate with all the Verses (gaming-focused Layer-2s on Oasys), stated the pr release.

Latest stories

You might also like...