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Eric Seifert launched an investment fund worth $10 million. Among his partners is SupercellMarketing expert Eric Seufert...
02/08/2022

Eric Seifert launched an investment fund worth $10 million. Among his partners is Supercell
Marketing expert Eric Seufert opened a $10 million investment fund, Business Insider reports. The money will go to the development of mobile startups related to advertising and content creation.
The initiative was supported by 38 investors, including top managers of Gamejam and Huuuge Games, as well as the Supercell company. In addition, the fund's partners included the former director of advertising products of Google, Ari Paparo.

The predecessor of the fund was the MDM Investment Syndicate initiative. It was a Slack group in which Seifert shared information about startups looking to raise funds with its investor members.

Vauld obtained temporary protection from creditorsThe High Court of Singapore granted the Vauld crypto-lending platform ...
02/08/2022

Vauld obtained temporary protection from creditors
The High Court of Singapore granted the Vauld crypto-lending platform a moratorium on litigation until November 7, 2022, instead of the requested six months. Bloomberg writes about it.

According to the decision, 147,000 creditors will not be able to file claims against the company. The court did not rule out extending the term depending on Vauld's progress in solving the problems.
Later, the mass media, citing court documents, found out that Vauld's outstanding debt after these events amounted to $402 million. Of these, $363 million went to retail investors. The company did not return $34 million to one of them, and more than $10 million to another three.

Poloniex announced the launch of a new trading engineAs a result of the update of the trading system, the time of proces...
02/08/2022

Poloniex announced the launch of a new trading engine
As a result of the update of the trading system, the time of processing orders on Poloniex was reduced by 30 times. Representatives of the crypto exchange told ForkLog about this.

The throughput of the platform has increased by 10 times, and the waiting time between sending and receiving applications has decreased by five times.

Also, the exchange reworked API endpoints and expanded opportunities for algorithmic trading.
The new engine uses the architecture of microservices: information about markets, orders and user assets are processed by independent modules. Thanks to this approach, the failure of one component will not affect the operation of the others.

Microservices support cluster deployment and automatic system scaling. Poloniex employees will be able to distribute the load on modules in the event of a sharp increase in traffic and carry out technical work without stopping trading.

New York will reveal records of using facial recognition against activistsThe New York Supreme Court has ordered the pol...
02/08/2022

New York will reveal records of using facial recognition against activists
The New York Supreme Court has ordered the police department to release records of how law enforcement officers used facial recognition technology against Black Lives Matter protesters. Amnesty International writes about this.

According to the court order, the police must provide 2,700 documents and emails between March 1, 2020 and September 1, 2020, related to the acquisition and use of surveillance systems.
According to human rights activists, this will allow a thorough investigation of the purchase and use of facial recognition technology by law enforcement officers throughout New York.

What did you, Elon, give back, where are the diamond hands... Tesla sold 75% of its BTC for $936 million with an approxi...
23/07/2022

What did you, Elon, give back, where are the diamond hands... Tesla sold 75% of its BTC for $936 million with an approximate loss of 9%. Bitcoin is now trading near $23k after such bad news, because Elon Musk did not fast this time 💔

Technically, BTC is still maintaining a local upward trend for 4H, the support level is $22,750. We also note a retest of the upper level of the lateral, from which we finally broke out the other day. Therefore, it can be said that Elon's tricks to save Tesla have not yet caused personal damage to the crypto market 🤔

🔹 Top 3 in 24 hours:
Monero - $151.60 (↑4.46%)
XDC Network - $0.03044 (↑0.86%)
Dai - $0.9998 (↑0.08%)

The National Bank of Ukraine increased the official exchange rate of the dollar by 25% to UAH 36.57/dollar 🇺🇦Since Febru...
23/07/2022

The National Bank of Ukraine increased the official exchange rate of the dollar by 25% to UAH 36.57/dollar 🇺🇦

Since February 24, the day the war began, the National Bank fixed the USD rate at 29.25 UAH/USD and has now revised it to 36.57 UAH/USD in order to maintain economic stability and minimize the expenditure of international reserves on non-priority areas in wartime.

Also, Ukraine received a deferment on the payment of the national debt for 1 year with the possibility of extension for another 1 year, which will save $2.5 billion.

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