‘Everything’s on sale’: Reddit founder, Galaxy and Genesis execs raise big money
776’s fund is called “Kryptos” and is set to capitalize on the current bear market when it launches in October....
Day: August 30, 2022
Moonbirds will store NFT art ‘in chain’ — Raises $50M in Series A funding
Storing an NFT “in chain” means that the NFT can be generated completely off the underlying smart contract, without any...
Compound cETH market bricked by update — 7-day wait on vote to fix it
The code bug has plagued the cETH market and has affected Compound’s front-end user face, but the CEO confirmed that...
President of Paraguay vetoes crypto regulation law
The bill was approved by the nation's Senate in July as low-energy costs continue to boost mining activities in the...
UBS raises US recession odds to 60%, but what does this mean for crypto prices?
Analysts believe the possibility of a recession in the US is increasing and this could be an important stress test...
Fugitive Founder of Turkish Crypto Exchange Thodex Arrested in Albania
Albanian authorities have detained the founder and chief executive of the Turkish cryptocurrency exchange Thodex, who allegedly fled Turkey with...
Publicly-Listed Bitcoin Miner Cleanspark’s Hashrate Exceeds 3 Exahash, Firm Records Daily Production High of 13.25 BTC
Bitcoin miner Cleanspark says it experienced accelerated growth amid the crypto winter this year and the operation’s hashrate has surpassed...
Hubble Protocol Launches Kamino Finance to Optimize Yields for Liquidity Providers on Solana
PRESS RELEASE. LONDON | August 30, 2022 – Hubble Protocol, home of the USDH stablecoin, has launched Kamino Finance: the...
Meta Reveals Cross-Posting NFT Compatibility Between Facebook and Instagram
Meta, the corporate entity behind the social media platforms Instagram and Facebook, has revealed that non-fungible token (NFT) support now...
Crypto ‘cannot be partisan,’ says US lawmaker who scored negative on bipartisanship index: Report
"This is literally about looking at America and opportunities for Americans," according to Minnesota Representative Tom Emmer. United States House...
Amid crypto winter, Nexo commits additional $50M to buyback program
The Bitcoin lender has sought advice from Citigroup on how to acquire distressed crypto firms amid the bear market. Crypto...
What Is Dogechain? How the Layer 2 Project Is Related to Dogecoin
Dogechain has attracted plenty of attention over the month of August. Here’s what it is and why it is attracting...
New free-to-own GameFi model is “high-risk” according to CZ
The blockchain gaming firm in question raised over $200 million on Monday to further its NFT operations. Changpeng Zhao (CZ),...
3 reasons why Ethereum POW hardfork tokens won’t gain traction
A lack of oracle support, DApps being majority supportive of the merge and the fact that Ethereum Classic has minimal...
Bitcoin could become a zero-emission network: Report
Bitcoin mining with flared gas and animal waste gases could help the world’s largest cryptocurrency on a path to becoming...
