OpenSea Finds No Evidence of Former Employee’s Involvement in Scam
Reading Time: < 1 minuteOpenSea, a platform for NFTs, has announced that it has found no evidence of a former employee’s involvement in the 2021 rug pull scheme carried out by AnubisDAO.
Iris Energy to Spend Almost $20M to Expand Miners Fleet
Reading Time: < 1 minuteAustralian mining company Iris Energy has announced a 25% increase in its Bitcoin mining capacity, from 5.6 EH/s to 7 EH/s, after acquiring new miners from Bitmain.
50% of Bitcoins Have Not Moved for More than 5 Years
Reading Time: < 1 minuteAccording to Glassnode, approximately 10.4 million Bitcoins have remained stagnant for over five years.
Bitmain Could Be Experiencing Financial Problems
Reading Time: < 1 minuteJournalist Colin Wu has reported that Bitmain, the largest manufacturer of mining equipment, did not fully pay salaries to its employees in September.
The BIS Launches Global Crypto Monitoring System
Reading Time: < 1 minuteA proof of concept for a dynamic display system for digital asset circulation was presented by the Bank for International Settlements (BIS).
Argentina’s Central Bank: The CBDC Will Protect Domestic Economy
Reading Time: < 1 minuteAccording to the Central Bank of Argentina, the introduction of a digital currency (CBDC) into the domestic market has the potential to stabilize the nation’s economy.
Report: Interest in Ethereum-ETF Futures Not as High as Expected
Reading Time: < 1 minuteAccording to analysts from K33 Research, the trading volume of Ethereum futures ETF after its listing was only 0.2% of similar Bitcoin-based instruments in 2021.
Judge Rejects SEC’s Appeal in Ripple Case
Reading Time: < 1 minuteJudge Analisa Torres of the District Court has denied the SEC’s request for an interlocutory appeal in the case against Ripple, where XRP was only partially recognized as a security.
Portugal Gives Support to EU Legislation on Crypto Regulation
Reading Time: < 1 minutePortugal is in support of this regulatory framework, but believes that oversight of cryptocurrency transactions should also happen on a global scale.
Court Gives Bitcoin Pyramid AirBit Club Employees Prison Sentences
Reading Time: < 1 minuteEmployees of the international cryptocurrency pyramid, AirBit Club, were sentenced to prison by the Southern District of New York court.
MEXC Ventures makes eight-figure investment in Toncoin and launches strategic partnership with TON Foundation
Reading Time: 3 minutesZug, Switzerland, October 4th, 2023, Chainwire MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, has announced a significant investment in The Open Network, the largest layer-1 investment the […]
Spanish Law Enforcement Agency Confirms John McAfee Committed Suicide in Prison
Reading Time: < 1 minuteA Spanish court has officially attributed suicide as the cause of death for cryptocurrency entrepreneur John McAfee.
Chainalysis to Lay Off Up to 150 Employees Due to Financial Difficulties
Reading Time: < 1 minuteFacing financial difficulties, Chainalysis, a firm specializing in blockchain analysis, has been forced to reevaluate its approach to personnel policies.
LayerZero Teams Up with Conflux to Expand into China
Reading Time: < 1 minuteThe LayerZero Omnichain protocol has formed a partnership with Conflux to utilize the blockchain-based SIM cards (BSIM) developed by the startup and China Telecom.
Solana’s TVL Hits Yearly High
Reading Time: < 1 minuteThe total locked value (TVL) on the Solana blockchain yesterday surpassed $339 million, marking the highest amount since November 2022.
Metacade Announces Breakthrough Collaboration with Polygon Labs
Reading Time: 3 minutesLondon, United Kingdom, October 3rd, 2023, Chainwire Metacade, the world’s first community-led gaming platform, has confirmed a collaboration with Polygon Labs, focused on driving user acquisition, testing and the adoption […]
Coinbase Obtains License from Singaporean Authorities
Reading Time: < 1 minuteCoinbase has obtained a license from the Singaporean authorities, allowing the exchange to serve local Bitcoin traders.
Shutdown Fears Stimulate Investments in Crypto Funds: Report
Reading Time: < 1 minuteFrom September 23 to September 29, there was an increase in investments in cryptocurrency products due to concern about a potential US government shutdown.
Circle Says Stablecoins Aren’t Securities
Reading Time: < 1 minuteAccording to Circle’s general counsel and former CFTC head Heath Tarbert, buyers of stablecoins are not looking for profit, making it clear that these assets are not considered investment contracts.
Bernstein Analysts Predict Cryptos’ Legalization Will Be Completed in 5 Years
Reading Time: < 1 minuteAccording to forecasts from Bernstein, the crypto market will likely be legalized in most countries around the world in the next five years.
Hong Kong Seizes Almost $3M in JPEX’s Case
Reading Time: < 1 minuteThe ongoing investigation into the collapse crypto exchange JPEX has resulted in the seizure of over $2.8 million.
Memeinator Announced: Taking on the Meme Coin Market With a $1 Billion Vision
Reading Time: 3 minutesLondon, United Kingdom, September 29th, 2023, Chainwire Having already raised $500K in less than 48 hours, Memeinator has already stormed through to stage 3 of its presale, on its relentless […]
ETH and BTC Will Grow Following ETF Launch: Report
Reading Time: < 1 minuteResearch by K33 and Kaiko analysts have revealed that the Ethereum to Bitcoin ratio has reached new annual lows.
Kraken to Offer IT Stock Trading
Reading Time: < 1 minuteIn response to declining interest from investors in the cryptocurrency market, Kraken has announced plans to bolster its financial standing by launching trading for shares of IT companies.
Ethereum Devs Restart Holesky Testnet
Reading Time: < 1 minuteThe Holesky testnet, developed by the Ethereum blockchain team, was finally launched after a failed first attempt on the anniversary of the Merge update.
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