Kraken looking to 'solve' industry challenges amid layer-2 rumors
7.11.2023
The rumors were fueled by reports citing anonymous sources and a job posting from Kraken which highlighted that the company is "enthusiastic" about layer-2 solutions
A closer look at Bitcoin Cash’s scalability solutions: What’s the deal?
7.11.2023
Understanding Bitcoin Cash Before delving into Bitcoin Cash’s scalability solutions, it is good to note that Bitcoin Cash differs from Bitcoin. Even though they both are cryptocurrencies, Bitcoin Cash was released in 2017, almost eight years after the release of Bitcoin. Bitcoin Cash came into...
Meta bans usage of generative AI ad creation tools for political advertisers
7.11.2023
Meta updated its help center with a note explaining that political advertisers are prohibited from using its new generative AI ad campaign creation tools
Cathie Wood’s Ark Invest Continues to Sell Grayscale Bitcoin Trust Holdings, Buys Block’s Shares
7.11.2023
  Ark Invest, led by Cathie Wood, has adjusted its portfolio by buying shares in Jack Dorsey’s Block Inc and selling portions of its Grayscale Bitcoin Trust holdings. Ark’s purchase, involving its flagship ARK Innovation ETF, ARK Next Generation Internet ETF, and Ark Fintech...
LHV Bank Founder Has Lost Private Key to ETH Stash Worth $470 Million
7.11.2023
Rain Lõhmus , founder of Estonia-based LHV Bank, has lost the private key to his crypto stash consisting of 250,000 ETH, worth approximately $470 million. The stash was acquired during the Ethereum Initial Coin Offering (ICO), Conor Grogan, a director at cryptocurrency exchange Coinbase...
Crypto data platform Glassnode sells Bitcoin tax software to Blockpit
7.11.2023
After acquiring the crypto tax platform Accointing in October 2022, Glassnode is selling the business to focus on DeFi and institutional offerings
Indian Police Arrest 8 More as Crypto Fraud Balloons up to $300 Million
7.11.2023
Indian authorities have arrested 8 additional individuals, including four cops, in connection with a massive crypto fraud that has ballooned to an astounding $300 million (2500 crore Indian rupees). This fraudulent scheme originally came to light in late September and involved the duping...
Bitcoin Mining Company Hut 8 to Bid for Natural Gas Power Plants and Bitcoin Facility
7.11.2023
Hut 8, a public Bitcoin mining company, announced it has been cleared to issue a “stalking horse” bid for several natural gas power plants and a Bitcoin mining site. The Canada-based miner hopes to integrate these services to expand its business to sell power to the market and develop...
South Korean telco to launch Web3 wallet with Aptos and Atomrigs Lab
7.11.2023
SK Telecom aims to expand its “affiliations with customer-preferred mainnets and decentralized applications (dApps)” using this tripartite agreement with the blockchain companies
Nifty News: The Simpsons roast NFTs, Yuga Labs exec departs after anti-semitic tweets and more
7.11.2023
The Simpsons poked fun at NFTs in their annual halloween special but degens still managed to take advantage of the publicity to hoist an NFT collection to near top of the charts
LHV Bank founder has $470M worth of Ether, but lost his private key
7.11.2023
Rain Lõhmus, the founder of LHV Bank told Estonian media last month he’s not made much effort to recover the funds, but is willing to pay someone who can
South Korea’s Largest Mobile Operator Partners with Aptos and Atomrigs Lab to Offer Enhanced Web3 Experience
7.11.2023
SK Telecom , South Korea’s leading mobile operator, has partnered with Aptos and Atomrigs Lab to further develop its Web3 wallet service to offer enhanced experience to users. The collaboration aims to provide users with a seamless and secure experience in the web3 environment, focusing...