Author: Chris Smith
Mining Firm Marathon Agrees to Pay $24M to its Former CEO
Reading Time: < 1 minuteThe mining company has reached a settlement with its former CEO Merrick Okamoto regarding a compensation for restricted shares.
Tapio Protocol Attracts $4M
Reading Time: < 1 minuteTapio Protocol has recently raised $4M in a seed round led by Polychain Capital, Hypersphere and Arrington Capital.
Mastercard to Provide Banks with Tools to Access Cryptocurrencies
Reading Time: < 1 minuteMastercard has partnered with Paxos to act as an intermediary for traditional financial institutions to launch crypto trading.
UK Will Simplify Crypto Confiscation in Terrorism Cases
Reading Time: < 1 minuteThe UK authorities plan to make it easier for law enforcement agencies to confiscate digital assets used to finance terrorism.
Coinbase CEO to Sell Exchange’s Shares to Fund Research
Reading Time: < 1 minuteBrian Armstrong plans to sell about 2% of his shares in the company within a year to fund scientific and technological research.
Chainalysis: DeFi Protocols Have Lost $718M Since October 1
Reading Time: < 1 minuteOctober was a record month for the volume of cryptocurrencies stolen by hackers this year.
Konami to Hire NFT, Web3 and Metaverse Experts
Reading Time: < 1 minuteVideo game developer and publisher Konami Digital Entertainment has recently opened vacancies specializing in non-fungible tokens, Web3 and metaverses.
Stellar Launches a $100M Fund to Promote Smart Contracts
Reading Time: < 1 minuteNonprofit Stellar Development Foundation (SDF) has launched a $100 million fund.
Fintech Startup Zerion Raises $12.3M from Wintermute Ventures and Others
Reading Time: < 1 minuteThe team behind investment app Zerion has recently raised $12.3 million in a Series B funding round led by Wintermute Ventures.
Lightning Network Crashes Due to BTC Transaction
Reading Time: < 1 minuteA complex transaction on the Bitcoin blockchain has temporarily disabled part of the Lightning Network micropayment network.
Crypto Exchange Bittrex to Pay a $29M Fine
Reading Time: < 1 minuteBittrex has been imposed a $29 million fine by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) and FinCEN.
Peter Brandt Criticizes BTC
Reading Time: < 1 minuteTech analyst and head of Factor LLC Peter Brandt has said BTC bought in 2021 has become unprofitable today.
Paul Tudor Jones Has Invested in Bitcoin
Reading Time: < 1 minutePaul Tudor Jones, trader and founder of hedge fund Tudor Investment, has recently revealed that he continues to hold a position in BTC.
FTX Intends to Launch a Visa Debit Card in 40 Countries
Reading Time: < 1 minuteCryptocurrency derivatives exchange FTX has announced it intends to launch a Visa debit card in more than 40 countries in Latin America, Europe and Asia.
Huobi Global Will Sell a Majority Stake
Reading Time: < 1 minuteCrypto exchange Huobi Global has agreed to sell a majority stake to Hong Kong-based investment firm About Capital Management.
Experts Warn the Correlation of Gold and Bitcoin Is Increasing
Reading Time: < 1 minuteAccording to a new study by Kaiko, the price correlation coefficient of gold and BTC has exceeded 0.3. Over the past year, the indicator has fluctuated in the corridor from -0.3 to 0.2.
Arcane Research: Pound Devaluation Has Led to Record Purchases of Bitcoin for the GBP
Reading Time: < 1 minuteOn September 26, the daily volume of Bitcoin denominated in the British pound reached an all-time high of 47,000 BTC.
Galaxy Digital CEO: The Fed’s Policy Easing Will Drive BTC’s Growth
Reading Time: < 1 minuteGalaxy Digital CEO Mike Novogratz has said that Bitcoin will rise in price if the Fed refuses to aggressively raise rates to fight inflation.
Russia May Introduce a Ban on Crypto Transactions
Reading Time: < 1 minuteAnatoly Aksakov has recently proposed to legally ban the use of cryptocurrencies as a means of payment in Russia and hold accountable for settlements in them.
Blockchain Game Developer Skyweaver Receives $40M in Latest Funding Round
Reading Time: < 1 minuteCanada-based NFT gaming company Horizon Blockchain Games has recently raised $40 million in a Series A funding round.
1inch Integrates Unstoppable Domains’ Service
Reading Time: < 1 minuteDeFi project 1inch has recently announced it has entered into a partnership with decentralized domain registrar Unstoppable Domains.
Ethereum Co-founder Criticizes Twitter for Verifying Scam Accounts
Reading Time: < 1 minuteEthereum co-founder Vitalik Buterin has recently complained about verified scammers on Twitter impersonating him.
Metaverse Otherside Developers to Raise $111 Million
Reading Time: < 1 minuteBritish startup Improbable plans to raise an additional £100m ($111m) investment.
CoinShares: Crypto Funds Are Recording a Slight Inflow of Funds
Reading Time: < 1 minuteThe inflow of funds into cryptocurrency-based investment products from September 24 to September 30 amounted to $10.3 million.
MicroStrategy to Hire a Specialist for a Lightning Network-based Project
Reading Time: < 1 minuteMicroStrategy recently has posted a vacancy for a project based on the Lightning Network (LN).
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