Today in Crypto: Xapo Bank Enables Non-US Members to Invest $10 in S&P 100 Stocks, Nym Technologies Reveals NymVPN Upcoming Launch and Info
2.11.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Investment news Bitcoin and stablecoin custodian and licensed private bank Xapo Bank announced the launch of a new Stocks...
Privacy Technology Firm Nym Plans Early 2024 Rollout of 'Decentralized VPN'
2.11.2023
The privacy-focused infrastructure project says that the new NymVPN will disperse traffic across a network of nodes rather than running data through single servers as centralized VPNs do
Sam Bankman-Fried Demonstrates Ineffective Altruism at Its Worst
2.11.2023
Over half of musicians concerned over audience perception of AI use: Survey
2.11.2023
Over half of musicians surveyed said they’re concerned with how their audience might perceive music created using AI, yet many artists have found it useful in their creative process
MicroStrategy posts Q3 loss after writing down BTC value
2.11.2023
MicroStrategy began amassing Bitcoin in large quantities as a hedge against inflation in 2020. Nonetheless, this strategy appears to have failed at present. MicroStrategy decreased the token’s value and incurred a loss during the third quarter of this year. MicroStrategy is a publicly traded...
Dubai VARA grants 'initial approval' to crypto firm WadzPay
2.11.2023
The license allows WadzPay to begin preparing to provide virtual asset services and activities under the VASP License for Transfer and Settlement and Broker/Dealer activities
SNB and CBDC to launch a pilot project for financial institutions
2.11.2023
SNB, an acronym for Swiss National Bank, has announced the launching of a pilot project with CBDC, which is Central Bank Digital Currency. It will run from December 2023 to June 2024 in association with six financial institutions. The pilot project has been tagged as Helvetia Phase III and will...
Slumdog billionaire 2: ‘Top 10… brings no satisfaction’ says Polygon’s Sandeep Nailwal
2.11.2023
Polygon co-founder Sandeep Nailwal won’t be happy until the project is successful enough to stand alongside Bitcoin and Ethereum
Adidas Web3 Platform Unveils Limited-Edition Bugatti-Inspired Shoes Auction
2.11.2023
Adidas and Bugatti have partnered to announce the auction of a select quantity of soccer boots through Adidas’ web3 platform. In a press release on Bugatti’s website, the companies confirmed that 99 pairs of shoes inspired by Bugatti’s car designs will be listed for sale between...
Stablecoin Issuer Circle Terminates Consumer Account Support
2.11.2023
Stablecoin issuer Circle is discontinuing support for consumer Circle Mint accounts. In a statement on its website, the company wrote, “Consumer-only Circle Mint accounts will no longer be supported and will be closed. No further action is required from the account holders in this...
Coinbase’s Stand With Crypto Advocacy Group Raises $2M In Two Months
2.11.2023
The Coinbase-backed advocacy group Stand With Crypto has raised $2 million in a couple of months, with over 80,000 donors contributing to the initiative’s goal of influencing policymakers and being a “one stop shop” for crypto advocacy. The organization also confirmed that...
Institutional investors buying Bitcoin: Bullish sign for long-term
2.11.2023
Bitcoin is at $35k+ as this article is being drafted. While the community is optimistic about the future, it is interesting to observe that the highest value ever recorded was $68,000. So, the current value is nowhere near that; however, BTC’s rebound from the $20,000 mark where it resided...