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Founder of Huobi Crypto Exchange Sells Stake in Company


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...

The IndiGG and MVM Collaboration Unravels New Paradigms of Blockchain Gaming


IndiGG announces its collaboration with Metaverse Magna (MVM) to promote blockchain-based gaming in Africa and the Indian subcontinent. Through this partnership, gamers of both communities can share in-game assets. This initiative largely benefits gamers as they will access many gaming resources....

Computer Graphics Card Prices Fall by Nearly 60% Following Ethereum Merge


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”.... Read...

India's Central Bank Plans to Launch Digital Rupee CBDC


The Reserve Bank of India (RBI) will soon launch pilot tests for its upcoming digital rupee in a bid to increase awareness around its Central Bank Digital Currency (CBDC). The country's central bank announced the news on Friday, detailing that the digital rupee will be available for specific...

Terra Luna Foundation Guard Freezes $100M Compensation Treasury


The Luna Foundation Guard (LFG), a non-profit organization that supports the Terra ecosystem, has halted the planned distribution of $100 million from its reserve among small UST holders citing litigation concerns. The organization announced the news in a Friday tweet, noting that they...

L2 Wars: The Competition for Top Layer-Two Scaling Solutions on Ethereum


Vitaly Yakovlev is CTO at DeFi platform ZKX.__________ This article will explain how ZK-Rollups technology has the potential to revolutionize decentralized finance (DeFi), address common problems in the landscape, and make a case for future derivatives trading. ... Read More: L2 Wars:...

Bankrupt Celsius Court Documents Reveal Customer Details


In another installment of the legal woes of bankrupt crypto lender Celsius Network, court documents submitted as part of the case have been released for public access along with the personal data of thousands of the company’s customers.... Read More: Bankrupt Celsius Court Documents Reveal Customer...

Grayscale Investments Announces New Bitcoin Mining Venture


Grayscale Investments, the world's largest crypto assets manager, has announced the creation of a new entity called Grayscale Digital Infrastructure Opportunities LLC (“GDIO”) that will focus on Bitcoin mining infrastructure investments. ... Read More: Grayscale Investments Announces New Bitcoin...

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