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Hubble Protocol Raises $5M to Expand Solana-Based DeFi Protocol
8.9.2022
The protocol aims to create a Solana-based MakerDao equivalent: a DeFi protocol with a U.S. dollar denominated stablecoin
Sorare Partners With NBA to Build a Licensed NFT Game
8.9.2022
Sorare, a French fantasy game startup, reached an agreement with the National Basketball Association (NBA) to build a non-fungible token (NFT) game under its license, allowing the company to use team names and player likenesses from the league. The company, which had already signed similar...
B2Broker’s New Breakthrough Solution – White Label cTrader
8.9.2022
PRESS RELEASE. White Label cTrader, a new offering from B2Broker, a market leader in liquidity and technological ecosystem for the Forex and crypto industries, has been officially released. Thanks to the new solution, brokers will now be able to access one of the most popular and functional...
Canadian Crypto Exchange Coinberry Files Lawsuit Against 50 Users After Losing 120 BTC: Report
8.9.2022
Canadian cryptocurrency exchange Coinberry has filed a lawsuit against 50 users who collectively withdrew 120 bitcoins following a software error in 2020
Celsius Crypto Borrowers Call for Bankruptcy Trustee, Oppose US DOJ Move to Appoint Examiner
8.9.2022
A bankruptcy court should appoint an independent examiner to investigate crypto lender Celsius’ financials, but not one working for the U.S. Trustee’s office, a group of Celsius borrowers said
Report: Legal Experts Say Nigeria in Need of ‘Clear-Cut Guidelines’ for Crypto Industry
8.9.2022
Authorities in Nigeria have been told to consider upgrading the country’s cryptocurrency regulatory guidelines because current regulations are not consistent with the realities on the ground. According to legal experts, the growing interest in cryptocurrencies by Nigerians means the country...
Aave Companies Seeks $16M From DAO Funds to Pay Crypto Developers
8.9.2022
Some $15 million of that amount has been earmarked for work performed directly by the team over the course of more than a year
Report: Judge in MTI Liquidation Case Issues Order Designating Bitcoin an Intangible Asset
8.9.2022
A judge in the collapsed online bitcoin trading platform Mirror Trading International’s liquidation case has issued a provisional liquidation order that outlines the criteria to be used when reimbursing investors. The order also reportedly directs the liquidators to regard bitcoin “as...
Investor Sues Korean Crypto Exchange for Delaying Coin Transfer Before Luna Crash
8.9.2022
A cryptocurrency investor has reportedly sued South Korean crypto exchange Upbit after the trading platform delayed processing his luna coin transfer prior to its crash. The Korean crypto exchange is investigating the details of the lawsuit. Upbit Sued by Crypto Investor Dunamu Inc., the company...
Apple Shielded From Crypto Wallet App Lawsuit, Judge Rules
8.9.2022
A federal judge in California has ruled that Apple Inc. is shielded from the “Toast Plus” class action lawsuit where a fake crypto wallet app was available in the Apple App Store. A customer sued the tech giant after downloading the fraudulent app and lost some crypto. Apple...
IMF Bailout Could Be in UK’s Future, Says Strategist
8.9.2022
Mizuho Securities’ head of global macro strategies has warned that an IMF bailout may be in the U.K.’s future. Moreover, a former chancellor of the exchequer cautioned that Britain is entering a long and severe recession, emphasizing that it’s “the worst since 1990...
First Mover Asia: Why DeFi Is Targeting the Institutions It Wanted to Topple; Crypto Prices Rally
8.9.2022
Institutional DeFi is growing at a rapid pace and some research firms say this niche sector will attract over $1 trillion in investment capital over the next five years; bitcoin rises above $19K
Putin Threatens to Let Europe ‘Freeze’ — Russian President Warns ‘We Will Not Supply Gas, Oil, Coal, Heating Oil’
8.9.2022
Following the discussions concerning the inter-governmental political forum Group of Seven (G7) pledging to impose price caps on crude oil and the European Commission talking about fixing electricity prices, Russian president Vladimir Putin explained on Wednesday that Russia will not supply...
Bitcoin Rebounds Above $19K
8.9.2022
Bitcoin was trading at about $19,400 after dropping to $18,558 the previous day
Fed Vice Chair Brainard Calls for Crypto-Specific Regulations, Notes Stablecoin Risks
7.9.2022
Asset Manager Brevan Howard Reveals Details About Its Record-Setting $1B Crypto Hedge Fund
7.9.2022
New SEC filings reveal details about the first two sub-entities of the record-setting hedge fund
Bitcoin Mining Firm Cleanspark Purchases 10,000 Bitmain Miners for $28 Million
7.9.2022
The bitcoin mining company Cleanspark revealed on Wednesday that the company has signed a purchase agreement for 10,000 new Bitmain Antminer S19j Pro mining rigs for $28 million. Cleanspark expects the machines to be delivered to the company’s facilities by the end of October or early...
Market Wrap: Bitcoin Inches Higher but Sluggish Volume Shows Reluctance to Invest
7.9.2022
While BTC technical indicators are signaling traders to buy, Fed actions and the strength of the U.S. dollar suggest that traders should wait. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
GameStop Partners With Crypto Exchange FTX.US to Boost Digital Asset Adoption
7.9.2022
The video game retailer also reported a narrower-than-expected net loss for its fiscal second quarter, and shares jumped 10% after the close
Hawkish Fed Chatter Has Wall Street Betting on Big Rate Hike, Crypto Traders Shorting Bitcoin
7.9.2022