Author: Chris Smith
Nansen CEO Says Activity in Other Networks Will Fall Following The Merge Update
Reading Time: < 1 minute Crypto users may switch to using Ethereum after the network’s upcoming transition to the Proof-of-Stake consensus algorithm.
Pussy Riot, TYCHO, and 20 More Web3 Creators Headline ‘Mint’ Season 6
Reading Time: 3 minutes Adam Levy returns to documenting the frontier of the web3 creator economy with Mint Season 6.
Polygon-based Gaming Project Dragoma Turns to Be Rug Pull Scam
Reading Time: < 1 minute The developers of the Polygon-based web3 game Dragoma have reportedly implemented a rug pull scam.
Changpeng Zhao: Binance Is Not Associated With Indian Crypto Exchange WazirX
Reading Time: < 1 minute Crypto exchange Binance has never held a stake in Zanmai Labs, the company behind the Indian platform WazirX.
Nexus Dubai (NXD) Project Obtains First Cryptocurrency Exchange License in Dubai
Reading Time: 2 minutes The Nexus Dubai (NXD) project has obtained the world’s first license to operate a cryptocurrency exchange business in Dubai, following the previous article.
Hackers Steal $5M from Exchange ZB.com
Reading Time: < 1 minute Almost $5 million in cryptocurrencies has been stolen from crypto exchange ZB.com by hackers.
Frax Finance Team Proposes Abandoning PoW ETH Forks
Reading Time: < 1 minute The algorithmic stablecoin FRAX will not be launched in potential Proof-of-Work (PoW) forks of the Ethereum blockchain.
XT.com Lists Fanverse (FT) with USDT Trading Pair
Reading Time: 2 minutes XT.com, the world’s first social-infused digital assets trading platform, is excited to announce it will soon list Fanverse (FT) token with USDT trading pair on its platform.
Softbank and DST Global Support MarqVision’s $20M Funding Round
Reading Time: < 1 minute IP-focused startup MarqVision ha recently completed a $20M Series A funding round.
Expert Believes Ethereum Price Will Consolidate Thanks to The Merge Update
Reading Time: < 1 minute The price of Ethereum could enter a consolidation phase after a sharp increase in July amid expectations of a migration to the Proof-of-Stake consensus algorithm.
Arcane Research: Bitcoin Price Will Hit $27,000
Reading Time: < 1 minute If Bitcoin holds the $20,700 level, the price will soon be in the $27,000-$28,000 range.
Crypto Lending Platform Vauld Gets Temporary Protection from Creditors
Reading Time: < 1 minute The High Court of Singapore has granted crypto lending platform Vauld a moratorium on proceedings until November 7.
Music Band Muse Intends to Launch a New NFT Album
Reading Time: < 1 minute British rock band Muse’s ninth album, dubbed Will of the People, will be released in a limited edition NFT format powered by Polygon.
CoinFLEX Reduces its Staff by 60% to Optimize Company’s Costs
Reading Time: < 1 minute Crypto derivatives platform CoinFLEX has recently announced it is laying off a “significant number” of employees from various departments around the world.
Cryptocurrency Venture Startup Variant Attracts $450M
Reading Time: < 1 minute Venture firm Variant has raised $450 million in two new funds focused on the Web3 and decentralized finance sectors.
Social Initiative-focused Blockchain Firm Topl Attracts $15 Million
Reading Time: < 1 minute Blockchain-based solution for tracking and monetizing social performance initiatives Topl has recently raised $15M in a Series A funding round.
Pocket DAO Passes Two Key Proposals on Node Incentives
Reading Time: 2 minutes Pocket Network is implementing key protocol changes after its community DAO voters rallied to boost network efficiency and bring costs down.
US Authorities Have Been Investigating Kraken Over Sanctions Violations Since 2019
Reading Time: < 1 minute The Office of Foreign Assets Control of the US Department of the Treasury may fine US-based crypto exchange Kraken for violating the sanctions regime.
Root Protocol Raises $9M
Reading Time: < 1 minute Root Protocol, a marketplace project for financial markets, forecasting and trading, has raised $9 million during the seed round.
Metaverse Project Genso Closed Beta Test Date and Details Released
Reading Time: 2 minutes Metaverse Project Genso is thrilled to announce the details regarding the Closed Beta Test.
Central Bank of Philippines is Against Crypto Ban
Reading Time: < 1 minute The governor of the Central Bank of the Philippines (BSP) has said the regulator has no plans to ban digital assets.
Jump Crypto and FTX Ventures Invest in Aptos’ $150M Funding Round
Reading Time: < 1 minute The Aptos team has recently completed a $150M Series A funding round led by FTX Ventures and Jump Crypto.
Crypto Exchange FTX May Buy Bithumb
Reading Time: < 1 minute Cryptocurrency exchange FTX is reportedly negotiating to acquire South Korean platform Bithumb.
US Will Not Extradite Alexander Vinnik from France
Reading Time: < 1 minute The US authorities have recently withdrawn the request for the extradition of Russian citizen Alexander Vinnik from France.
The Police Raids Terraform Labs Co-founder House
Reading Time: < 1 minute Officials from the Seoul Southern District Prosecutor’s Office have raided the home of the Terraform Labs co-founder.
