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Founder of Huobi Crypto Exchange Sells Stake in Company
10.10.2022
Huobi founder and controlling shareholder Leon Li Lin will sell its entire stake in the Seychelles-based crypto exchange to About Capital Management, a Hong Kong-based assets management company.
According to an October 8 blog post, the buyout vehicle of About Capital will control the majority...
UAE Web3 ecosystem houses almost 1.5K active organizations: Report
10.10.2022
A new report shows that 65% of the 1,450 Web3 organizations are based on native blockchain technology, while 35% of the organizations are based on non-native technology
Computer Graphics Card Prices Fall by Nearly 60% Following Ethereum Merge
10.10.2022
The Ethereum Merge blockchain upgrade which transformed the blockchain into a Proof-of-Stake consensus system has triggered a steep, nearly 60% drop in the prices of graphics processing units (GPUs), with Chinese sellers reporting the gear’s prices have reached their “lowest level ever”....
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Russian Companies Are Using Crypto in Trade Despite Lack of Regulation, Officials Admit
10.10.2022
With limited access to global finances, Russian businesses have begun settling in cryptocurrency with their partners abroad. Although these are still small-scale payments, government officials have noted their increase, which comes even before authorities have decided how to regulate these...
How to learn Web3 development for beginners
10.10.2022
One can learn Web3 development by joining a Web3 developer DAO, participating in a Web3 hackathon or enrolling in blockchain-related courses
Turkey works hard to make İstanbul home to global blockchain hype
10.10.2022
The Turkish crypto and blockchain ecosystem is working hard to build during the bear market, according to local experts
North Korea ‘Funding Weapons Programs’ with Vast Cache of ‘Stolen Crypto’
10.10.2022
International investigators claim that North Korea stole “hundreds of millions of dollars worth of cryptoassets” to pay for its nuclear weapons programs” – while a row has broken out in South Korean political circles over politicians’ alleged ties to the crypto developer Virgil Griffith....
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Biggest mining difficulty spike in 14 months — 5 things to know in Bitcoin this week
10.10.2022
Macro forces are brewing, while Bitcoin network fundamentals defy the bears — which side will win out when it comes to BTC price action?
Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions
10.10.2022
Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provision of crypto-related services to Russian residents and entities. NFT Platform Dapper Labs Conforms...
Report: Hong Kong-Based Asset Management Firm Acquires Controlling Stake in Asian Crypto Exchange Huobi
10.10.2022
Li Lin’s controlling stake in Huobi, one of Asia’s largest cryptocurrency exchanges, was recently acquired by About Capital Management for an undisclosed sum. Huobi’s acquisition by the Hong Kong-based asset management firm came shortly after the crypto exchange had exited...
‘No basis’ for Binance's partial delisting of HNT — Helium COO
10.10.2022
Multiple trading pairs of the Helium Foundation’s token will soon be removed from Binance, with the exchange saying it delists assets if it no longer meets “high standards.”
PayPal says policy to punish users for misinformation was 'in error'
10.10.2022
Despite the retraction, the crypto community said the policy is a perfect example of why decentralization and self-custody of funds are so important
Bitcoin Price and Ethereum – Casper, Ethereum Name Service, & Maker Pump Near 20%
10.10.2022
Early on October 10, major cryptocurrencies were trading in the negative, with the global crypto market cap standing at $944 billion, down 1.04 percent from the previous day. The entire cryptocurrency market volume in the last 24 hours is $31.85 billion, a 37.51% fall....
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Dapper Labs suspends Russian accounts after new EU sanctions
10.10.2022
The firm outlined that as its “payment processing and stored value service partner is subject to EU regulations,” Dapper has been directed to impose the restrictions on these accounts under EU law
OpenSea CFO steps down after 11 months in the job
10.10.2022
The now-former CFO did not give a specific reason for his resignation but noted he will remain in an advisory capacity with OpenSea
Meta’s Horizon Worlds Metaverse App Still Too Buggy to Be Used According to Company Executives
10.10.2022
Meta’s VP of Metaverse, Vishal Shah, acknowledged that Horizon Worlds, the flagship app that Meta uses to show the potential of its metaverse, still has many problems affecting its usability. In a recent memo, Shah explains that even Meta’s employees are not using the app so much,...
Decentralized exchange Uniswap v3 gets 'Warp'ed' onto StarkNet
10.10.2022
Ethereum-native projects like Uniswap that are written in Solidity can now be transpiled to StarkNet via Nethermind’s new ‘Warp’ project
Over 12,000 Brazil companies declare crypto holdings in record high
10.10.2022
August figures released by Brazil's tax authority revealed over 12,000 companies have cryptocurrency holdings, the largest amount ever recorded
Mad Money’s Jim Cramer Wants Crypto Investors to Bet Against Him — ‘I Have Done This for 42 Years’
10.10.2022
The host of Mad Money, Jim Cramer, has challenged crypto investors to bet against him. “You do not do this for 42 years and lose money every year,” he said. His statement followed a filing with the U.S. Securities and Exchange Commission (SEC) for “Inverse Cramer ETF.”...
How brands are using digital fashion in real life
10.10.2022
From Gucci to Balenciaga, big fashion brands are making their way into the Metaverse