Monthly Archives: August, 2022

Tether responds to “misinformation” from the Wall Street Journal

The Wall Street Journal has received a response from Tether Holdings Limited on an article that it alleges spreads "false information" about the stablecoin...

By mistakenly activating the kill switch on the mainnet, DEX locks 660,000 USDC within

Unknowingly issuing a command that stopped its mainnet software and rendered it unrecoverable, a decentralized cryptocurrency (D options exchange terminated its own life. After trying...

European markets are volatile as investors around the world struggle with Fed tightening concerns

By mid-morning, the pan-European Stoxx 600 was down 0.5% after giving back gains of a comparable magnitude at the start of the day. While...

The potential successor to Boris Johnson wants to reevaluate the role of the Bank of England. And some are concerned

The likely next prime minister of the United Kingdom intends to examine the Bank of England's charter, which worries activists and think tanks. Liz Truss,...

Russian Oil Field Crypto Farms Accounts For An 85 MW Capacity

According to researchers at Vygon Consulting, an independent consultancy focusing on the development of the Russian fuel and energy complex, data centers mining cryptocurrency...

Ethermine, The Largest Ether Mining Pool, Launches A New ETH Staking Service

The biggest Ethereum mining pool in the world, Ethermine, has introduced a new staking pool for users in advance of the rapidly approaching Ethereum...

Cross-Posting Between Facebook and Instagram is now possible via Ethereum, Polygon, and Flow NFT

Meta continues to add NFT features to its properties gradually, adding the ability to cross-post NFTs across Facebook and Instagram to select US users...

Sam Bankman-Fried of FTX denies that the crypto exchange is planning to acquire Huobi

In a tweet sent out Monday morning, FTX CEO Sam Bankman-Fried stated that the crypto exchange had no plans to acquire Huobi. According to...

Singapore’s state investor leads a $100 million round for cryptocurrency firm Animoca

Despite the crypto winter, the cryptocurrency venture capital market remains strong, with major government-linked firms reportedly continuing to bet on major industry players. Bloomberg reported...

Fireblocks, a cryptocurrency custody firm, has added support for Solana Blockchain’s DeFi, NFT, and gaming apps

Fireblocks, a cryptocurrency custody company, has begun supporting the Solana blockchain's ecosystem of decentralized finance (DeFi) developers, non-fungible token (NFT) applications, and other Web3...

Prior to the U.S. broadband drive, Corning will construct a new optical cable facility in Arizona

As the U.S. government proceeds to grant $42 billion to expand internet to millions of underserved Americans, Corning Inc. revealed plans to construct a...

Justin Wu joins HSBC as the co-head of climate change for Asia-Pacific

According to a message to colleagues obtained by Reuters, HSBC has appointed Justin Wu as its first co-head of climate change Asia Pacific to...

The CEO of Ava Labs calls CryptoLeaks’ allegations “Conspiracy Theory Nonsense”

CEO of Ava Labs Emin Gün Sirer denounced the "conspiracy theory nonsense" dramatic claims made by CryptoLeaks that his business utilized legal action to "harm"...

Co-founder of MakerDAO advises DAI-USD depegging to reduce attack surface

MakerDAO co-founder Rune Christensen reached out to the community in light of recent conversations of decoupling its native token from USD Coin (USDC) amid...

Singapore thinks about restricting retail investors’ access to bitcoin trading

In a time when individual investors appear to be "irrationally ignorant" to the risks, Singapore is preparing to implement new restrictions that will make...

Dow futures lose 200 points, adding to the steep decline from the previous week

Monday saw a decline in stock futures as concerns about increasing rates and a stricter monetary policy fed a downturn that started the previous...