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Three Arrows Capital Founders Face $1.3 Billion Claim from Liquidators
28.6.2023
The founders of the now-bankrupt crypto hedge fund Three Arrows Capital, also known as 3AC, are facing a $1.3 billion recovery claim from the fund’s liquidators.
The liquidators, who are also partners at the consulting and advisory firm Teneo, have accused the firm’s co-founders Su Zhu and Kyle...
Presidential Candidate Robert F. Kennedy Jr. Praises Blockchain Technology and Says Right to Use and Hold Bitcoin Will Be 'Inviolable' If Elected
28.6.2023
Robert F. Kennedy Jr., the pro-Bitcoin presidential candidate, recently held a speech in which he vowed to defend the US citizens’ right to hold and use Bitcoin (BTC).
He said that his campaign would be the first to accept Bitcoin donations.
More than that, if elected president, he promised...
Breaking: FTX Has Begun Talks to Relaunch International Exchange – Rebranding Will Likely Be Part of the Process
28.6.2023
The failed crypto company FTX is apparently having initial talks with investors on bringing back the FTX.com exchange through structures such as a joint venture, a WSJ report said.
It is expected that FTX would undergo a rebranding process and also involve potential compensation arrangements...
Bank of England's CBDC 'Britcoin' May Not Rely on Blockchain
28.6.2023
The Bank of England is still mulling over which technology will underpin its Central Bank-Backed Digital Currency (CBDC).
All other central banks are using Blockchain technology to issue their national digital currencies. However, the Bank of England has not decided on it yet.
The head of...
Warner Music Group Partners With Polygon on Blockchain Music Accelerator
28.6.2023
The chosen projects will receive funding from both WMG and Polygon Labs and will also be eligible for mentorship and networking opportunities
China Blockchain Conflux Gets $18M From DWF Labs, CFX Drops 6%
28.6.2023
Conflux token's dour reaction is consistent with the prevailing investor disinterest in alternative cryptocurrencies
Australia Acts on De-Banking of Crypto Entities, Supports Policy Recommendations to Tackle Issue
28.6.2023
Australia's Treasury said on Wednesday it recognises the seriousness of de-banking and that it understands inaction could drive business underground after instances of banking partners cutting-off crypto platforms in the nation
Cronos X Caldera: Delivers blockchain scalability
28.6.2023
Cronos recently announced joining hands with Caldera for blockchain scalability. The network will use its rollup technology to reach scalability. The partnership was announced on the official Twitter handle of Cronos. According to the tweet, Cronos has finally released its rollup deployment...
1 in 5 French Workers Wants to Get Paid in Crypto, Survey Finds
28.6.2023
A fifth of French workers would like to receive all or part of their salaries in crypto, a survey has found.
The survey was conducted by the French payroll software provider Payfit and reported by the French media outlet Cointribune.
The survey found that 20% of French respondents were in favor...
Chibi Finance Exit Scam: $1 Million Cryptocurrency Heist Rocks Defi Platform on Arbitrum
28.6.2023
According to several reports, Chibi Finance, the decentralized finance (defi) platform built on top of Arbitrum, allegedly executed an exit scam on its users. Blockchain intelligence firm Peckshield provided a detailed account, revealing that approximately $1 million worth of cryptocurrency assets...
Big Money on Big Names: FTX's Celebrity Spending Spree
27.6.2023
In a recent opinion piece, Bloomberg columnist Matt Levine delves into the extravagant spending habits of cryptocurrency exchange FTX, shedding light on the allure of celebrity endorsements and influential connections within the crypto industry.
According to Levine, FTX is perhaps the best example...
Despite Abandoning Prime Trust Deal, BitGo Eyes Other Acquisitions
27.6.2023
After abandoning the Prime Trust deal, BitGo CEO Mike Belshe has said that there are several other acquisitions in the pipeline.
In an interview with CoinDesk TV, BitGO CEO said that they have got more acquisition pending which the company has not been able to announce yet.
Belshe predicted...
Stealthy Crypto Malware Found in Popular Super Mario Game – Here's the Latest
27.6.2023
Hackers are using a resurgence in popularity around the Super Mario Bros. franchise to sneak stealthy crypto malware onto unsuspecting gamers’ personal computers.As reported by Cyble Research & Intelligence Labs on Friday, a legitimate installer for the fan-made game “Super Mario 3: Mario Forever”...
Swiss Central Bank to Launch Real-World CBDC Pilot
27.6.2023
The chairman of Swiss Central Bank,Thomas Jordan, has announced that the central bank is launching a wholesale CBDC on Switzerland's SIX digital exchange as part of a pilot.
In a conference at Zurich on Monday, the Swiss central bank chair said that the project would begin soon, Reuters...
Report: Swiss Authorities Seize $26 Million in Cryptocurrency Linked to Terraform Labs and Do Kwon
27.6.2023
Law enforcement officials in Switzerland reportedly seized approximately $26 million in bitcoin and other cryptocurrencies, believed to be linked to Terraform Labs and its co-founder, Do Kwon. Local media in South Korea revealed that the funds were confiscated from Sygnum, a crypto bank based...
HyperCycle & Penguin Group merged for AI-driven growth in Paraguay
27.6.2023
HyperCycle, a groundbreaking Layer 0++ blockchain infrastructure engineered for high-speed and cost-effective AI-driven microtransactions, has partnered with Penguin Group to release HyperPG: advanced software for accessing High-Performance Computing (HPC) for the fast-growing AI economy....
Mythical Games raises $37M for in-game marketplace in Series C round
27.6.2023
The company expects to raise another $20-$30 million when the full round closes in the coming months
Wyoming: Regulatory Clarity and Crypto-Friendly Banks Fuel Blockchain Revolution
27.6.2023
America’s least populous state has passed three dozen laws regulating crypto. That has helped attract crypto, blockchain and Web3 employers and made the No. 7 spot in CoinDesk’s Crypto Hubs 2023 the most crypto-friendly state in an otherwise uncertain U.S. regulatory environment
Airbnb can get some benefits via VeChain
27.6.2023
Amid a lot of speculation, many members have started pitching the benefits of VeChain to Airbnb. This is under the hope that the venture would actually proceed to integrate the blockchain mechanism of VeChain. Specifically speaking, a Twitter user who goes by the name Sebastian, also an investor...
Six Samurai: Anonymous Developers Seek to Revive Terra Classic Ecosystem
27.6.2023
While the co-founder of Terraform Labs has been sentenced to four months in jail in Montenegro, a team of six anonymous developers have been attempting to revive the Terra Classic ecosystem after its collapse in May 2022. The six programmers, known as the “Six Samurai,” wholeheartedly...