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Employee Who Stole $2.8m from Company to Buy Crypto Gets 5-year Jail Term
12.10.2022
A South Korean company employee whole stole over $2.8 million worth of his firm’s money to buy crypto has been handed a five-year prison sentence....
Read More: Employee Who Stole $2.8m from Company to Buy Crypto Gets 5-year Jail Term
NFT Infrastructure Company Gomu Closes $5M Seed Round
12.10.2022
The fundraise included participation from Coinbase Ventures, DeFiance Capital and Saison Capital, among others
Kenyan Firm Using Wasted Energy to Mine Bitcoin — Business Model Said to Potentially Help Decentralize Mining
11.10.2022
A Kenyan bitcoin mining company, Gridless, recently revealed how it is helping local communities reduce electricity costs by using excess generated power to mine bitcoin. The Gridless model has been hailed because it potentially helps to decentralize bitcoin mining as well as move some hashpower...
Spanish Crypto ATM Company Bitbase Eyes European and Latam Expansion
11.10.2022
Bitbase, a Spanish cryptocurrency ATM company, is planning to keep expanding its services in 2023. The company, which received investments from Dextools and Woonkly, two Web3-based decentralized companies, aims to reach 200 cryptocurrency ATMs installed in Spain. Bitbase is also working to obtain...
The Dacxi Chain Unveiled as the World’s First Global Equity Crowdfunding Network
10.10.2022
PRESS RELEASE. The world’s first blockchain-based global equity crowdfunding network – the Dacxi Chain – has been unveiled. The Dacxi Chain is a unique global ecosystem that creates digital tokenized versions of company shares, which can then be quickly and easily bought...
Founder of Huobi Crypto Exchange Sells Stake in Company
10.10.2022
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...
Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions
10.10.2022
Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provision of crypto-related services to Russian residents and entities. NFT Platform Dapper Labs Conforms...
Meta’s Horizon Worlds Metaverse App Still Too Buggy to Be Used According to Company Executives
10.10.2022
Meta’s VP of Metaverse, Vishal Shah, acknowledged that Horizon Worlds, the flagship app that Meta uses to show the potential of its metaverse, still has many problems affecting its usability. In a recent memo, Shah explains that even Meta’s employees are not using the app so much,...
New Paypal Policy Lets Firm Fine Users $2,500 for Spreading ‘Misinformation,’ ToS Condemned and Called an ‘Abomination’
8.10.2022
A new Paypal user policy that permits the company to fine users $2,500 for spreading “misinformation” has caused quite a stir on social media platforms. After November 3, anyone who posts or publishes information or content to “promote misinformation” will be subject...
Bankruptcy Court Publishes 14,000 Pages of Celsius Customer Usernames and Trade History
7.10.2022
The crypto community is upset about a recent discovery stemming from the Celsius bankruptcy case as a court filing has revealed over 14,000 pages of the usernames and trading histories of the company’s customers. While the file does not disclose personal information tied to the user’s...
Zcash May Be Getting Spammed, but the Blockchain is Doing Just Fine, the Company Behind it Says
7.10.2022
The Electronic Coin Company, the organization behind Zcash, claims that concerns of a spam attack are mostly just FUD
Skyweaver's parent company secures $40M in Series A funding
5.10.2022
The round was led by Brevan Howard Digital and Morgan Creek Digital, along with Polygon and Take-Two Interactive, among other investors
Decentralized Web3 Protocol Golden Raises $40 Million Backed by A16z
5.10.2022
Golden, a startup that seeks to build a decentralized data hub, has raised $40 million dollars in a Series B funding round. The round, which was led by a16z crypto, will allow the company to keep building its concept, which revolves around combining data submission and validation with Web3-based...
Strategie Company of Heroes 3 se odkládá na únor
4.10.2022
Firm Led by NFL Legend Steve Young Helps Take Metaverse-Related Company Movella Public
4.10.2022
Movella, a motion capture technology company, will list on the Nasdaq after combining with SPAC Pathfinder Acquisition Corporation
T-Mobile Parent Company Launches Ethereum Staking Validator
4.10.2022
Deutsche Telekom (DT), the parent company of wireless network operator T-Mobile, has announced that its subsidiary T-Systems MMS will support the Ethereum blockchain network by infrastructure in the form of validator nodes.
In a press release, the German tech giant revealed that T-Systems will...
Argentine Oil Subsidiary YPF Luz Powering Bitcoin Mining Activities With Residual Gas
4.10.2022
YPF Luz, a subsidiary of the Argentine state oil company YPF, is currently piloting a project to power bitcoin mining operations with residual gas. The initiative, which is currently being tested in Vaca Muerta, one of the biggest oil fields in the country, seeks to take advantage of this byproduct...
Argentina's State-Owned Energy Company Moves Into Crypto Mining
3.10.2022
YPF is currently supplying power for a 1 megawatt operation and plans to launch a second project eight times larger before the end of the year
Tether CTO Says US Treasury Notes Account for More Than 58% of USDT’s Reserves
3.10.2022
On Monday, the chief technology officer of Tether Holdings Limited, Paolo Ardoino, explained that U.S. Treasury bills represent more than 58% of the company’s reserves. The announcement follows Tether hiring the accounting firm BDO Italia and the stablecoin issuer’s quarterly...
UK Shuts Down Temporary Crypto Company Licensing Program
3.10.2022
The time it takes to register a firm depends on the quality of the information provided to the Financial Conduct Authority, the regulator told CoinDesk