Nasdaq has decided to take a step forward in the push for blockchain technologies and adoption of cryptocurrencies, investing a substantial amount of money recently in the financing of a startup that develops Enterprise blockchain solutions.
According to an official press release, Symbiont successfully closed a $20m Series B funding round. Nasdaq Ventures led the round which also included investors such as Mike Novogratz’s Galaxy Digital, Citi and Raptor Group among others.
While that Euro56 million might seem like a huge fine, it’s not as high as GDPR fines can get. Companies can be fined a maximum of 4% of their annual global turnover. For companies like Google, that could easily wind up being billions of dollars.
What will staking ETH look like and how will users participate?
The next big step after Constantinople is the Casper upgrade, when ETH token holders will be able to stake coins. Instead of mining blocks, network participants will be rewarded for running a node and holding ETH for a fixed period.
[note: you get rewarded for holding Dacxi DAC coin too!]
Stakers will be chosen randomly from a large pool of token holders, earning rewards that are proportional to the number of ETH they hold.
Mainstream asset management company are coming into the cryptocurrency space, building the ecosystem for institutional investors. Looking forward to see what this space can contribute to the retail space.
Buy at other Exchange(top5) ; Sell at Dacxi Exchange!
There is a very high degree of risk involved in crypto trading. I assume no responsibilities for your trading and investment results.
The indicators and articles are for entertainment purposes only and should not be construed as investment advice.
Information for crypto observations are obtained from sources believed to be reliable, but I do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the crypto observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any crypto trade and make your own independent decisions regarding any crypto mentioned herein.