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First Mover Asia: BitMEX Shift From Hong Kong Reflects the Toll of Stringent Covid Policies; Bitcoin Trades Sideways Amid Energy, Employment Concerns
6.10.2022
The crypto exchange leased out a full floor of the prestigious Cheung Kong Center in 2018 but now relies increasingly on remote work. BitMEX’s largest office is now in Singapore. Bitcoin trades sideways
South Korea Reportedly Freezes Do Kwon’s Crypto Worth $40M — Luna Founder Says the Funds Are Not His
6.10.2022
South Korean authorities have reportedly frozen $40 million in crypto assets, including bitcoin, allegedly belonging to Luna founder Do Kwon. However, Kwon denied that any funds of his have been frozen. “I don’t even use Kucoin and Okex, have no time to trade, no funds have been...
Terra Founder Do Kwon's Passport 'Invalidated,' S. Korea Says
6.10.2022
The South Korean Ministry of Foreign Affairs posted a public notice on its website Wednesday announcing it would invalidate Terra creator Do Kwon's passport
Asset Management Giant GoldenTree Discloses $5.2M Investment in SushiSwap
6.10.2022
The credit-focused firm has been ramping up its commitment to cryptocurrency, unveiling a new investment manager and fund in recent months
Elon Musk Hints Everything App ‘X’ Is Coming — Says Buying Twitter Accelerates Creation of X
6.10.2022
Tesla and Spacex CEO Elon Musk has hinted that “X, the everything app,” is coming. He explained that his purchase of the social media platform Twitter is an accelerant to the creation of X, which could knock three to five years off the project. Elon Musk’s X —...
Solidus Ai Tech Announces New Partnership With Metaverse Giants Galaxy Arena
6.10.2022
Solidus Ai Tech has recently announced a new strategical partnership with Galaxy Arena, currently the only VR Earn game aggregator metaverse hub. Galaxy Arena are really making some noise in the Play2Earn and Meta space by bridging the gap between virtual and reality by ‘bringing events...
Over 300 NFTs From Three Arrows Capital’s NFT Fund Moved by Liquidator to New Wallet
6.10.2022
Hundreds of non-fungible tokens (NFTs) collected by Starry Night Capital have been transferred to a new wallet. The NFT fund of the insolvent crypto hedge fund Three Arrows Capital (3AC) bought the tokens in 2021. 3AC filed for bankruptcy earlier this year, after taking a hit from the collapse...
Market Wrap: Crypto Markets Flatten as Latest Employment Data Throws a Setback for Inflation Hawks
5.10.2022
Crypto markets remain fretful about any suggestion the economy is not slowing enough to staunch rising prices. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
US CFTC as Crypto’s Regulatory Savior? Crypto Firms Might Not Like What They Get
5.10.2022
Just because Rostin Behnam is the rare government official who can casually drop a comment that suggests a future explosion in bitcoin price, doesn’t mean he’s a crypto bro. The chairman of the Commodity Futures Trading Commission (CFTC) is widely seen in crypto circles as a relatively friendly...
Bitcoin’s Total Network Hashrate Hits an All-Time High at 321 Exahash per Second
5.10.2022
According to statistics on October 5, the total computational power backing the Bitcoin network tapped a fresh all-time high reaching 321.15 exahash per second (EH/s). Just after the record high, the network’s total hashrate was coasting along above the 300 EH/s on Wednesday afternoon (ET)...
Crucial US Jobs Report Could Test Fed's Resolve, Bitcoin's Resilience
5.10.2022
Friday's report from the U.S. Labor Department on nonfarm payrolls is expected to show an addition of 250,000 jobs in September, in a slowdown from the 315,000 reported for August
Bored Ape Creator Yuga Labs Unveils Community Council to Help Shape Future Initiatives
5.10.2022
The council is made up of seven notable Bored Ape collectors tasked with providing feedback to Yuga Labs and uplifting community-driven projects
Dogecoin pierde el impulso que había ganado tras la noticia de adquisición de Twitter por parte de Musk
5.10.2022
La memecoin favorita de Elon Musk se estabilizó después de subir con la noticia de que la compra de Twitter por parte del CEO de Tesla estaba nuevamente sobre la mesa
Celsius' Crypto Customers Face Big Obstacle in Trying to Claw Back Their Deposits
5.10.2022
A change in the corporate structure of Celsius made when raising money last year may come under scrutiny as the bankrupt crypto lender tries to sell its assets
Coinbase Expands Services in Australia, Calling Country a ‘Priority Market for Us’
5.10.2022
The crypto exchange is adding a way for retail customers to easily transfer Australian dollars to their Coinbase accounts, among other improvements
Yuga Labs Launches Bored Ape and Mutant Ape Yacht Club Community Council
5.10.2022
The non-fungible token (NFT) and blockchain firm Yuga Labs has announced a community council will be representatives of the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT collections. Yuga Labs has chosen seven community members with “a proven track record”...
Crypto Derivatives Exchange PowerTrade Launches 'RFQs' for Institutional Options Trading
5.10.2022
The exchange hopes to attract both institutional players and smaller traders with no minimum order sizes
Interest Surges in Bitcoin Speculation, But It Might be Bearish
5.10.2022
A new record has been reached in the trading of a key speculative tool in cryptocurrency markets: the bitcoin perpetual swap
Warner Music Group Continues Its Web3 Expansion With New Metaverse Job Posting
5.10.2022
The global record label has steadily been expanding its blockchain partnerships with platforms like The Sandbox, OpenSea, OneOf and more
Elon Musk, Twitter and the Social Media Double Bind
5.10.2022
Twitter doesn't need different content moderation policies - social media needs an entirely different architecture