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Report: Uniswap Seeks to Raise $200 Million in Fresh Capital at $1 Billion Valuation
1.10.2022
The largest decentralized exchange (dex) platform by global trade volume, Uniswap, is looking to raise between $100 and $200 million, according to a report citing people familiar with the company. The funding round is currently in a nascent stage as the report claims Uniswap has been...
GameStop Pre-Orders Are A Mess Right Now, Staff Say
30.9.2022
“Is there anything you want to pre-order?” Almost nobody walks in and out of a GameStop without hearing those words. Employees are measured against how many pre-orders they can rack up while GameStop rakes in the cash months ahead of a game’s actual release. But lately, the strategy has been...
Overwatch 2 Pre-reviews Think It's Worth A Sequel, But Say The Grind Is A Major Bummer
30.9.2022
Overwatch 2 is almost here, arriving as a free-to-play game on October 4 that will totally supplant the OG hero shooter. While it isn’t playable to the general public yet, a handful of gaming outlets got early access to Blizzard’s upcoming sequel, publishing prereviews just in time for launch day....
Bank Buys Bitcoin in Kazakhstan, Country to Develop Crypto Exchange
30.9.2022
A financial institution and a coin trading platform in Kazakhstan have teamed up to carry out what they say is the country’s first such joint transaction for the acquisition of cryptocurrency. Meanwhile, Kazakhstan’s leadership has declared readiness to further develop crypto exchange...
Lack of ‘qualified people’ without more Web3 education, say academics
30.9.2022
Blockchain Academy International’s Huxley Peckham says there are already 60 different industries using blockchain tech today
Mature Bitcoin Wealth Taps an All-Time High — Diamond Hands Trend Highlights ‘Refusal to Spend’
27.9.2022
After bitcoin neared $25K roughly 44 days ago, the crypto asset’s price has lost more than 17.88% in value against the U.S. dollar. Onchain analysis from researchers at Glassnode details that the price drop has placed short-term holders into “severe unrealized loss.” Long-term...
Interpol Has Issued a Red Notice for Do Kwon, Say South Korean Prosecutors
26.9.2022
The International Criminal Police Organization, known widely as Interpol, has issued a Red Notice on Do Kwon, the co-founder of Terraform Labs and the Terra ecosystem – as the manhunt for the elusive crypto chief continues.
South Korean prosecutors confirmed the Red Notice on September 26, per...
Crypto Payments May Not Help Russia Bypass Sanctions, Experts Say
26.9.2022
Russia is preparing to authorize international crypto payments but people involved in the industry doubt this would allow the country to circumvent sanctions. At the same time, the United States has been tightening the noose, recently targeting the use of cryptocurrencies to dodge the financial...
Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%
24.9.2022
The state of decentralized finance (defi) in terms of total value locked (TVL) has been tumultuous, to say the least, and currently the TVL in defi today is approximately $54.95 billion. The TVL has not been this low in over five months since March 29, and the most dominant defi protocol today...
Bank of Japan Intervenes in Foreign Exchange Markets After Yen Slips to 24-Year Low
22.9.2022
While the greenback has been rising higher, the Japanese yen tapped a 24-year low and Japan decided to intervene in foreign exchange markets (forex) for the first time since 1998. Reports say the Bank of Japan conducted the first forex intervention in 24 years, after the Japanese central bank kept...
Majority of crypto exchange leadership should be comprised of citizens, say Indonesian regulators
21.9.2022
Officials with Indonesia’s Commodity Futures Trading Regulatory Agency could implement a rule for two-thirds of directors and commissioners at crypto firms to be citizens
Hodlonaut’s Tweets a ‘Reckless Campaign’ Against Craig Wright, Lawyers Say, as Satoshi Trial Reaches Conclusion
21.9.2022
Accusing the self-proclaimed bitcoin founder of being a mentally ill scammer shouldn’t be allowed in a democracy, Wright’s lawyers said on the final day of the Oslo trial
Terra Co-Founder Do Kwon’s Legal Troubles Unlikely to Affect Broader Crypto Markets, Analysts Say
20.9.2022
However, some traders see increased volatility for tokens related to Kwon in the coming days
Craig Wright’s Satoshi Proofs ‘Not Credible’ and a ‘Farce,’ Hodlonaut Lawyers Say
19.9.2022
Closing statements on behalf of the Twitter user targeted by Wright suggests the case could hinge on vagaries of Norwegian defamation law as much as the identity of bitcoin’s founder
Prosecutors Hunt for ‘Fugitive’ Do Kwon & Say He Left South Korea ‘in April’
19.9.2022
South Korean prosecutors have labeled the Terraform Labs CEO Do Kwon a “fugitive” – and have claimed that he fled South Korea in April – several days before the crash of Terra ecosystem coins like TerraUSD (UST)....
Read More: Prosecutors Hunt for ‘Fugitive’ Do Kwon & Say He Left South Korea...
Luna Founder Do Kwon Isn’t in Singapore, Police Say After South Korean Court Issues His Arrest Warrant
19.9.2022
Terraform Labs founder Do Kwon is not in Singapore, local police say. Accused of fraud after the collapse of cryptocurrencies luna and terrausd, he is wanted in South Korea after a court issued an arrest warrant for him. However, Kwon insists that he is not “on the run.” Police Say...
Ethereum-Based ‘Cryptoruble’ Token Under Development in Russia
18.9.2022
Developers are working on a “cryptoruble” that, as they say, can improve Russians’ access to global exchanges and be used for cross-border payments. Defi platform Indefibank, which is behind the project, says the token will be pegged to the national fiat but independent from...
Ethereum Merge Has Tied Ether Futures Activity to Staking Yields, Traders Say
16.9.2022
Stakers have been and will be natural sellers in futures and perpetual futures and the hedging activity will increase as staking yields rise
Digital Euro Must Be Green, Private, And Possibly Capped, National Officials Say
15.9.2022
A leaked paper written by France, Germany and Italy, seen by CoinDesk, seeks to guide the European Central Bank’s plans for the digital currency
First Mover Asia: Bitcoin Struggles Following Inflation Report; California Crypto Bill Is an Overstep, Say Legal Experts
14.9.2022
The bill would prohibit California-licensed entities from dealing with stablecoins, unless that stablecoin is fully-backed by securities and issued by a bank or licensed by the California Department of Financial Protection and Innovation