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X Valued at $19 Billion a Year After Musk Bought Twitter for $44 Billion, Reports
1.11.2023
Social media company X is now worth less than half of what Elon Musk paid for Twitter, according to internal documents quoted by the press. The billionaire investor purchased the platform, Twitter at the time of acquisition, for $44 billion last October. He has previously admitted to overpaying...
Stars Arena Crypto Social Platform Faces Internal Challenges as Another Team Member Resigns – What’s Going On?
31.10.2023
Another team member has said goodbye to the Avalanche-based social finance platform Stars Arena. And the situation is only heating up, with criticism and accusations filling the comments sections. According to a tweet posted on Monday evening (UTC time), “as of today, KookCapitalLLC has been...
Elon Musk says posts busted by Community Notes won’t earn revenue share
30.10.2023
Elon Musk assured those attempting to “weaponize” the community notes feature will be immediately found out
SEC Wants $770 Million From Ripple — Lawyer Says SEC Is ‘Pissed and Embarrassed’
29.10.2023
The U.S. Securities and Exchange Commission (SEC) reportedly wants Ripple to pay a $770 million penalty for violating securities laws. Crypto lawyer John Deaton explained that the securities regulator is “pissed and embarrassed” after it lost several legal battles against the crypto...
Elon Musk Unveils Plan to Turn X Into ‘Powerful’ Financial Platform — ‘You Won’t Need a Bank Account’
29.10.2023
Billionaire Elon Musk has revealed that he is turning his social media platform X, formerly Twitter, into an all-encompassing financial platform. “When I say payments, I actually mean someone’s entire financial life … If it involves money. It’ll be on our platform,” he claimed, emphasizing:...
Ethereum’s Dencun Upgrade Faces Setback — Delay Amid Testing Requirements
27.10.2023
The highly anticipated Dencun upgrade for the Ethereum blockchain won’t be making its debut in 2023 as initially expected. Ethereum’s core developers have decided to push back the upgrade’s release until at least 2024, a revelation made during the latest All Core Developers...
BTCC Exchange Launches Futures Copy Trading with High-Profit Sharing
27.10.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Established in 2011, BTCC exchange is one of the longest-running and most trustworthy cryptocurrency exchanges. The company has recently announced the launch of its highly anticipated copy...
Chinese Ride Sharing Giant Didi Chuxing Rolls out Digital Yuan Services
27.10.2023
China’s ride-sharing giant Didi Chuxing has unveiled a new digital yuan service that will let citizens in 250 parts of the nation use their CBDC coins to rent motorcycles. Per the Xi’an Business News Network, the move involves the Didi Chuxing affiliate Didi Qingjue, which operates...
Today in Crypto: MoonPay Partners with Mastercard, 64% of Injective Survey Respondents Trade on Both CEX and DEX, Chainstack Launches DeFi API
26.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Payments news Crypto payments infrastructure firm MoonPay announced that it partnered with Mastercard to drive innovation...
Hashing It Out: A case for Web3 social media, and is Friend.tech a security?
26.10.2023
CyberConnect co-founder Ryan Li believes that creators who want their content to live forever will ditch Web2 social media platforms for Web3 alternatives
Binance Labs Investment in SocialFi CyberConnect Propels Token Over 30%
26.10.2023
Web3 social platform, CyberConnect, records a soaring 31.2% growth in the last 24 hours after Binance Labs announced an investment into the firm. The venture capital division of the largest cryptocurrency exchange by volume, Binance Labs revealed on X (Twitter) that it made a follow-on investment...
Lightspark Open Sources Email-Like Protocol UMA; Raises Debate on Compliance
25.10.2023
Lightspark, a Lightning Network (LN) financial services company, has announced it has open-sourced Universal Money Address (UMA), a protocol similar to email, but for money. The protocol will be interoperable, allowing platforms to exercise due compliance on the transactions facilitated,...
Lightning Network Developer States Disclosed Vulnerability Is Not an ‘Intentional Backdoor,’ Calls for Responsible Journalism
25.10.2023
Antoine Riard, a security researcher and developer who exposed a vulnerability in the Lightning Network, Bitcoin’s scaling layer, has clarified this vulnerability is not an “intentional backdoor,” addressing statements made on social media. Riard stressed the problem had been...
Friend.Tech User Dumps Keys Worth $1.5M, Switches to Bitcoin dApp
24.10.2023
Newer opportunities have stalled Friend.Tech’s initial growth wave, and applications such as New Bitcoin City are quickly emerging as one of the biggest bets
Today in Crypto: Thailand Delays Digital Wallet Plan, Crypto Wallet Downloads Dropping Last Two Years, Reddit Removes Alleged Insider-Trading Moderators
23.10.2023
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: Thailand Delays Digital Wallet Plan, Crypto Wallet Downloads Dropping Last Two Years, Reddit Removes...
AutoSave with VSCode
23.10.2023
Visual Studio Code has taken the crown of most used text editor, at least in JavaScript spheres. VSCode is fast, feature-filled, and supports thousands of plugins to boost productivity. Developers can also tweak hundreds of settings to enrich functionality. One such feature is the autoSave feature....
EtherHiding: Why hackers may prefer Binance’s BNB Smart Chain
20.10.2023
According to cybersecurity analysts at 0xScope and CertiK, threat actors may prefer using BNB Smart Chain contracts because it’s cheaper and seen as having lower security than Ethereum
‘This will be our last post’ — LBRY throws in towel against the SEC
20.10.2023
“Thank you to everyone who fought with us for online freedom,” the LBRY Inc team said
Unraveling the Online Legacy of Satoshi Nakamoto: Bitcoin’s Mysterious Creator
19.10.2023
The mysterious Satoshi Nakamoto appeared online nearly 600 times through emails and forum posts. Records of Nakamoto’s writings indicate he was most active in July and August. While Nakamoto covered many topics, Bitcoin’s inventor was notably visible when sharing new release...
Tax Authorities in EU to Share Transaction Data Reported by Crypto Firms
19.10.2023
New EU rules will introduce automated exchange of information on crypto revenues reported by service providers in the sector. A new directive adopted by the Union expands existing registration and reporting obligations as well as cooperation between tax administrations across the bloc. Information...