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Kenyan Fintech Kwara Raises $3 Million in Seed Extension
22.1.2023
A Kenyan fintech that digitizes credit unions, Kwara, is reported to have raised $3 million via a seed extension round that was backed by DOB Equity, Globivest, and Willard Ahdritz. The latest round brings to $7 million the amount of capital that the fintech has now raised via this funding round....
FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate
18.1.2023
On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators have discovered $5.5 billion of liquid assets to date. Top-level executives, including the new FTX CEO and chief restructuring officer, John J. Ray III, met with...
Metamask Launches Ethereum Staking Services via Lido and Rocketpool
14.1.2023
On Friday, the Web3 wallet firm Metamask, a subsidiary of the Ethereum-centric company Consensys, announced the beta launch of ethereum staking features will be made available via Lido’s or Rocketpool’s liquid staking services. Users who want to stake ethereum and earn staking rewards...
New MetaMask Product to Add Liquid Staking via Lido and Rocket Pool
13.1.2023
The update comes two months before an Ethereum upgrade is expected to allow users to withdraw their staked ETH
Three Arrows Capital Founders Served Subpoenas via Twitter in Bankruptcy Process
5.1.2023
The founders of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC) have been served subpoenas by the fund’s liquidators via Twitter. While serving subpoenas on Twitter is rare, it has happened on various occasions in the past, including when Wikileaks was served on Twitter...
Ukrainian pharmacies enable crypto payments via Binance Pay
3.1.2023
Ukraine continues adopting cryptocurrency payments with the Binance crypto exchange amid the ongoing war with Russia
Car Manufacturer Maruti Suzuki Launches Metaverse Showroom Experience in India
3.1.2023
Maruti Suzuki, one of the biggest car manufacturers in India, has announced that it is taking its customer retail experience to the metaverse. The company announced on Jan. 1, it would launch a VR (virtual reality) network for its Arena showroom series, allowing its users to experience the Maruti...
Alameda wallets funnel over $1.7M via crypto mixers overnight
29.12.2022
Data negates the possibility of liquidators behind the fund transfers due to the use of mixing tools and extensive planning to hide transaction paths
Alameda wallets funnel over $1.7M via crypto mixers overnight
29.12.2022
Data negates the possibility of liquidators behind the fund transfers due to the use of mixing tools and extensive planning to hide transaction paths
As the Fed Turns 109 Years Old, the US Dollar’s Purchasing Power Eroded by More Than 96% Since It Was Created
25.12.2022
109 years ago, the U.S. Federal Reserve was created and ever since that day, the purchasing power of the U.S. dollar has dropped a great deal. Since the Fed started, more than 96% of the greenback’s purchasing power has been erased via inflation. The Purchasing Power of the U.S. Dollar After...
Buenos Aires to Tax Cryptocurrency Mining in 2023
23.12.2022
The province of Buenos Aires in Argentina will begin taxing cryptocurrency mining and possibly staking, in 2023. A new proposal modifies the tax law to introduce cryptocurrency mining as a taxable activity that will levy 4% on the income calculated via these operations. However, it is still unclear...
Alameda's Caroline Ellison escapes potentially 110 years in jail via plea deal
22.12.2022
Former Alameda Research CEO could be released on a $250,000 bail, but she's not allowed to leave the United States
Software Firm Consensys Partners With Paypal, Metamask Users Can Use Payment Processor to Buy ETH
17.12.2022
On Dec. 14, the Ethereum software firm Consensys announced that the company has teamed up with the payment processing giant Paypal. The integration allows Metamask wallet users to purchase ethereum via Paypal from within the Web3 wallet application. Consensys Teams up With Payments Giant Paypal...
Stellar partners with UNHCR to give Ukrainian refugees cash via USDC
16.12.2022
One new project attempts to help bankless Ukrainian refugees, while another hopes to streamline international Red Cross projects
Trump Launches NFT Card Collection — Sweepstake Winners Could Dine or Golf With the 45th President
15.12.2022
The former 45th president of the United States, Donald Trump, announced the launch of his new non-fungible token (NFT) trading cards on Dec. 15, 2022. Trump revealed the NFT collection via his Truth Social account and the former president told his fans that the NFTs would “make a great Christmas...
MetaMask to allow users to purchase and transfer Ethereum via PayPal
14.12.2022
The service will initially be rolled out to select PayPal users within the United States
Dvision Network Announces Dvision World 2․0 Release In Beta Mode
14.12.2022
PRESS RELEASE. As part of their ongoing development, Dvision Network has announced the launch of their upgraded Dvision World 2.0 in Beta mode. The launch will officially commence on 14th December, 2022. Not too long ago, via a collaborative partnership with market leaders Binance NFT...
BLR Metaport: World’s 1st Airport Metaverse launches via Polygon’s help
14.12.2022
It happens to be the Bangalore International Airport, which in the very recent past, was successfully launching the first phase of the BLR Metaport. For the uninitiated, this happens to be the first time the world will be exposed to a metaverse-related experience, in the case of an airport. This...
FTX-Hosted NFTs Point to Broken Metadata, Issue Illuminates Flaws With NFTs Tied to Centralized Clouds
8.12.2022
On Wednesday, non-fungible token (NFT) supporters discovered that NFT metadata hosted on the platform FTX US points to broken metadata, and the links now point to FTX’s restructuring website. Specific collections that were minted on the Solana blockchain via the FTX US NFT platform do...
Toys R Us declares an NFT collection via their Geoffrey the Giraffe NFTs
8.12.2022
Toys R Us, which happens to be a very popular toy retailer based out of the US, is extremely pleased and takes an immense amount of pleasure in making their formal announcement of having delivered their Geoffrey the Giraffe NFTs. They are distinctly aware that this timing has been very accurately...