due

Crypto Could Solve Venture Capital’s Due Diligence Problem — VC exec

Venture capitalists struggling with the difficulties of properly due diligence on crypto companies should go back to basics — “trust the chain,” claims the CEO of a crypto-focused venture fund. Speaking to Cointelegraph, John Lo, head of digital assets at Recharge Capital — a $6 billion fund with crypto and decentralized finance (DeFi) projects in …

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Ripple is growing due to the expansion of MENA to capitalize on the rise of crypto payments

As more institutions in the MENA region look to adopt a crypto strategy, demand is growing in the region for more cryptocurrency-enabled cross-border remittance services, according to a senior official at Ripple, a global enterprise blockchain and crypto solutions company. “We have seen a lot of interest from institutions across MENA to use on-demand liquidity …

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Crypto mining in Cuba is suffering due to the electricity crisis

Cryptocurrency mining in Cuba has been halted for some time due to the Caribbean island’s electricity crisis. Several parts of Cuba have experienced repeated power outages, making mining rigs in Cuba untenable and even impossible in certain cases. As a result, many Cubans have lost thousands of dollars that they invested in purchasing crypto mining …

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