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in Bitcoin News, NewsSpanish Telecom Giant Telefonica Embraces Bitcoin Payments
One of the largest telephone operators and mobile network providers in Spain – Telefonica – partnered with the crypto exchange Bit2Me to allow clients to pay for services in digital assets. Cryptocurrency adoption seems to be on a high level in the Iberian country. A few months ago, the leading airline company – Vueling – […] More
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in News
BendDAO Community Proposes to Develop Bendearn Yield for ApeCoin Staking
With the decentralized peer-to-peer NFT liquidity platform, BendDAO plans to pump up more APE stakings to maximize user revenue. Accordingly, the protocol aims to reform the Yuga-based non-fungible tokens (NFT) following the latest proposal from its community. Following the proposal, the project will involve using Yuga Labs NFT and $APE tokens as the paired staking […] More
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in News
China’s Provinces and Cities Spending Millions for Metaverse Development
Since the inception of the metaverse, several provincial governments in China have spent millions on metaverse developments. Besides, over six local governments in China’s famous cities like Shanghai and Beijing have issued metaverse-related development plans in 2022. Since the metaverse frenzy began, several countries and companies have invested millions of dollars. However, it appears China […] More
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in News
The feds are coming for the metaverse — from Axie Infinity to Bored Apes
The metaverse is a futuristic iteration of the internet, featuring a digital economy and an immersive virtual environment alongside other interactive features. This relatively nascent space has gained so much traction in recent years that conservative estimates suggest that by 2024, its total valuation could top $800 billion. Meta (the parent body behind Facebook and […] More
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in Bitcoin News, News
Bitcoin Mining Company Rhodium Looking to Go Public Via SilverSun Merger
The Texas-based bitcoin mining giant is entering a merger agreement with SilverSun Technologies, a publicly-traded business technology solutions provider, as Rhodium is planning to list on Nasdaq after an initial delay. Meanwhile, the fall in the price of BTC and the ongoing crypto winter has caused bitcoin mining companies to struggle to stay afloat. Rhodium […] More
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in News
Celsius Withdrawals Must Remain Closed: DOJ
Key Takeaways On September 1, Celsius filed for court approval to release $225 million of locked funds to creditors. Now, U.S. Trustee William K. Harrington has filed an objection to that request and called it premature. Harrington says that funds should not be distributed until is is known what Celsius owes, and to whom. Share […] More
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in Bitcoin News, News
So what if Bitcoin price keeps falling! Here is why it’s time to start paying attention
For bulls, Bitcoin’s (BTC) daily price action leaves a lot to be desired, and at the moment, there are few signs of an imminent turnaround. Following the trend of the past six or more months, the current factors continue to place pressure on BTC price: Persistent concerns of potential stringent crypto regulation. United States Federal […] More
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in News
CFTC takes legal action against Digitex futures exchange and CEO
The United States Commodity Futures Trading Commission, or CFTC, filed a complaint against Digitex LLC and its founder and CEO Adam Todd for failing to register the cryptocurrency futures exchange and manipulating the price of its DGTX token. According to a Sept. 30 court filing in the Southern District of Florida, Todd allegedly pumped up […] More
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in News
Amber Group uses simple hardware to show just how fast, easy the Wintermute hack was
Amber Group has reproduced the recent Wintermute hack, the Hong Kong-based crypto finance service provider announced on its blog. The process was fast and simple, and used hardware easily accessible to consumers. Wintermute lost over $160 million in a private key hack on Sept. 20. Reproducing the hack can help “build a better understanding of […] More
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in Ethereum News, News
Telco giant Deutsche Telekom launches Ethereum validator
Deutsche Telekom will run an Ethereum validator node via its subsidiary T-Systems Multimedia Solutions and has also partnered liquid staking pools provider StakeWise. German telecom giant Deutsche Telekom has announced support for the Ethereum network, revealing plans to run a validator node on the world’s largest proof-of-stake (PoS) blockchain. An announcement from the telecommunications giant […] More
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What is regenerative finance (ReFi) and how can it impact NFTs and Web3?
On Sept. 30, NFT Steez, a bi-weekly Twitter Spaces hosted by Alyssa Expósito and Ray Salmond, met with Mashiat Mutmainnah to discuss how regenerative finance (ReFi) can provide more accessibility and inclusivity to blockchain technology. As a “mission-driven movement,” Mutmainnah explains that ReFi enables users to redefine their relationship with the current financial system and […] More
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in News
New CFTC Lawsuit May Signal Wider Trend in Regulation
Key Takeaways The CFTC filed a lawsuit against Digitex and its founder today, claiming that it had failed to register for the proper license to run its trading operations. While Digitex markets itself as a decentralized project, it fails to live up to today’s DeFi standards. Last week the CFTC made the unprecedented move of […] More
