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Iceberg Capital Teams Up With Venom to Create $1 Billion Blockchain Fund
12.1.2023
Abu Dhabi-based blockchain platform Venom Foundation and investment manager Iceberg Capital revealed a $1 billion venture fund focused on blockchain and Web3 companies.
The news was shared on Twitter by the foundation on Wednesday. ...
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UK Treasury Considers Digital Pound, Maintains Crypto Hub Objective
12.1.2023
The U.K. is mulling over launching a digital pound as it remains committed to becoming a cryptocurrency hub, a government representative has indicated. British authorities should also regulate payments with stablecoins, according to the official. United Kingdom Prepares to Begin Consultation...
Bank of Russia Outlines Payment Models With Digital Ruble, Other CBDCs
11.1.2023
The Central Bank of Russia has detailed two methods for implementing the digital ruble and other state-backed coins in international settlements. The monetary authority also plans to start testing consumer-to-business (C2B) operations in the first quarter of the year. Russia’s Central Bank...
Gemini Co-Founder Accuses Digital Currency Group of Misrepresentation, Demands CEO Resignation
10.1.2023
Gemini CEO Cameron Winklevoss has published another open letter on Twitter, addressed to the board members of Digital Currency Group (DCG). In the letter, Winklevoss accuses DCG and CEO Barry Silbert of making poor decisions with the now-defunct crypto hedge fund Three Arrows Capital (3AC),...
Today in Crypto: Expelled Chinese Communist Party Official Shamed on TV for Supporting Crypto Mining, Nigeria Considering a Regulatory Framework for Stablecoin Implementation
10.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Expelled Chinese Communist Party Official Shamed on TV for Supporting Crypto Mining, Nigeria Considering...
Russia to begin work on CBDC settlement system in Q1 as sanctions endure: Report
10.1.2023
The country's central bank will begin studying two possible cross-border CBDC settlement models this quarter
Buying an EV? This Crypto Project Rewards You With Carbon Credits For Charging and Makes Payments Easy
9.1.2023
C+Charge is a peer-to-peer payment platform and EV charging app that aims to increase electric vehicle adoption buy expanding access to EV charging networks. The platform allows users to easily and cheaply pay for their charging sessions and earn carbon credits in the process....
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Today in Crypto: Traders at an Institutional Crypto Firm Targeted by Hackers Since July 2022, Huobi Korea to Reportedly Cut Ties with Huobi Global
9.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Traders at an Institutional Crypto Firm Targeted by Hackers Since July 2022, Huobi Korea to Reportedly...
Less than 100 Bitcoin ATMs added worldwide in the second half of 2022: Data
9.1.2023
Over the last six months, between July to the end of 2022, just 94 Bitcoin ATMs were added to the global network
Mastercard Taps Polygon to Empower Emerging Artists in Web3 Tech
9.1.2023
Mastercard, the payments giant, has partnered with Polygon, an Ethereum scaling platform, to introduce emerging artists into Web3 technology. Mastercard’s artist accelerator, as the program is called, will teach five different emerging artists, including singers, musicians, DJs,...
Report: Nigeria to Stop Cash Withdrawals From Government Accounts
9.1.2023
From the start of March, Nigerian public officials will be barred from withdrawing cash from government bank accounts, the head of the Nigerian Financial Intelligence Unit reportedly said. Public officials that want to be exempted from this new regulation will have to obtain a waiver from...
Wyre Announces Modification of Withdrawal Policy, Pushing Topps to Temporarily Suspend NFT Marketplace Transactions
7.1.2023
Following reports that the crypto payments firm Wyre was shutting down operations, CEO Ioannis Giannaros offered a contradicting story, stating that the firm was merely “scaling back.” Wyre has now announced that it is “modifying” its withdrawal policy, citing the crypto...
Today in Crypto: US SEC Seeking Details on FTX Investors’ Due Diligence, NY Attorney General Sues Celsius Co-founder, European Central Bank Executive Claims Crypto is Gambling
6.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: US SEC Seeking Details on FTX Investors’ Due Diligence, NY Attorney General Sues Celsius Co-founder...
MetaMask removes Wyre from aggregators amid shutdown reports
6.1.2023
Wyre was set to be acquired for $1.5 billion by San Francisco e-commerce startup Bolt last year, but the deal was eventually scrapped
Crypto Firm Wyre Reportedly Shuts Down After Canceled Bolt Acquisition, CEO Claims Firm Is Just ‘Scaling Back’ Operations
5.1.2023
According to several reports, Wyre, a cryptocurrency payments firm, is allegedly sunsetting its business. Wyre’s purported wind down follows Bolt, another payments company, canceling its plan to acquire Wyre in September. Wyre CEO Ioannis Giannaros, however, told Axios that the company is “still...
Ukrainian Pharmacy Chain Introduces Cryptocurrency Payments
5.1.2023
A major Ukrainian chain of pharmacies has started accepting cryptocurrency through Binance Pay. The new payment method will be available online, according to the company, which operates hundreds of drugstores across the war-torn Eastern European nation. Pharmacy Offers Ukrainians Option to Pay With...
Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius
4.1.2023
Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement between the two bankrupt firms. Celsius owes Core Scientific approximately $7.8 million for energy and hosting costs, as the crypto lender has been unable to make...
Crypto Payments Company Wyre Reportedly Shutting Down Due to Market Downturn, Recently Valued at $1.5 Billion – Bear Market Getting Worse?
4.1.2023
Crypto payments company Wyre reportedly started laying off employees - but also decided on a complete shutdown.
Axios reported that the information was confirmed by two former employees. It cited one of these people as saying that the company's CEO Ioannis Giannaros sent an email to certain...
14th Anniversary of Bitcoin’s Genesis Block: A Look Back at the Birth of Cryptocurrency
3.1.2023
14 years ago on Jan. 3, 2009, Satoshi Nakamoto launched the Bitcoin network and block zero at approximately 1:15 p.m. (ET) on a Saturday afternoon. Satoshi’s technology allows “online payments to be sent directly from one party to another without going through a financial...
Tribulations and triumphs: The biggest surprises in crypto of 2022
3.1.2023
2022 was a challenging year for many crypto companies, but some maintained exemplary performance