Kenya-Based Bitcoin Mining Company Raises $2 Million in Seed Investment Led by Jack Dorsey-Owned Firm
9.12.2022
Gridless, a bitcoin mining company operating from Kenya, recently raised $2 million in seed investment from Block, a digital payments company owned by Twitter founder Jack Dorsey, and Stillmark. The bitcoin mining firm is reportedly planning to use the capital raised to fund its expansion into...
Remote work triggers move to DAOs in the post-pandemic world: Survey
9.12.2022
A survey from a sample of the general U.S. public suggests that millennials are more likely to join a DAO than any other age group
Terra Luna Classic Price Prediction – Can LUNC Hit $10 in the Next Bull Market?
9.12.2022
The Terra Luna Classic price has dropped by 0.5% in the past 24 hours, with its current level of $0.00017176 representing a 2% increase in the past week and a 6% jump in the past fortnight. However, with its community still debating future improvements, and with the FTX collapse still weighing down...
Regulators in Japan, South Korea Want to Police Stablecoins
9.12.2022
The top Japanese financial regulator has stated that it intends to police “algorithmic stablecoins.” And the South Korean central bank also wants the power to regulate fiat-pegged tokens....
Read More: Regulators in Japan, South Korea Want to Police Stablecoins
GammaSwap officially launches on the Arbitrum Network
9.12.2022
GammaSwap recently released a tweet about officially launching on the Arbitrum network. The integration will help GammaSwap collaborate with Arbitrum to be a part of the upcoming DeFi innovation. The platform shared a string of tweets to inform users about the launch. According to GammaSwap...
Optimism announces 2nd round funding for Retroactive Public Goods
9.12.2022
Optimism has taken to Twitter to share the news about its upcoming Retroactive Public Goods Funding round. It is tentatively scheduled to go live in February next year with the initial distribution of 10M OP. The distribution will be done among people and projects responsible for powering...
Coinbase takes a shot at Tether, encourages users to switch to USDC
9.12.2022
Coinbase’s request comes just a couple of months after Binance ceased support for USDC
Crypto Miner Hive Cuts Computing Power Forecast for Intel Chip-Based Rigs
9.12.2022
The Canadian firm said it would receive 5,800 machines by end-January, raking in upwards of 630 PH/s
Revealed: Shark Tank Superstar Kevin O’Leary Was Paid This Much by FTX to Promote Platform
9.12.2022
Investor and Shark Tank Judge Kevin O'Leary has revealed that he has lost almost all the $15 million the now-bankrupt cryptocurrency exchange FTX paid him to be its official spokesperson....
Read More: Revealed: Shark Tank Superstar Kevin O’Leary Was Paid This Much by FTX to Promote Platform
FTX reportedly gets 3 more months to stop all operations in Japan
9.12.2022
Japanese authorities have postponed FTX Japan’s suspension deadline because the firm has so far failed to return assets from custody to creditors
Massachusetts Senator Forwards Bill Aimed at Forcing Crypto Miners to Report Greenhouse Gas Emissions
9.12.2022
On Dec. 8, 2022, three Democratic politicians from Massachusetts, Oregon, and California revealed legislation aimed at combatting “energy-intensive” cryptocurrency mining operations. The bill introduced by senator Ed Markey (D-MA) alleges that crypto mining “strains...
Crypto Trading Firm Amber Group Ditches $25M Chelsea Sponsorship Deal Amid Layoffs: Report
9.12.2022
Hong Kong-based cryptocurrency trading firm Amber Group is terminating a $25 million sponsorship deal with football club Chelsea FC, according to a Bloomberg report