Yat Siu, cofounder and chairman of Animoca Brands. Bing Guan/Bloomberg Blockchain game maker and crypto investor Animoca Brands has secured $75 million in a funding round that values the Hong Kong-bas...
News
Whereabouts of Three Arrows Capital Founders Unknown, Offices Abandoned
The saga around Three Arrows Capital (3AC) continues as liquidators charged with the case cannot get in contact with either founder Kyle Davies or Su Zhu. According to a court document filed on Friday...
Texas Bitcoin miners are being paid to shut down and return energy to the grid
Over the weekend, the state of Texas was subjected to triple-digit heat, causing temperatures to soar to levels that broke records that had stood for more than a century. The state’s grid operator iss...
Three Arrows Capital to Seek Appropriate Sanctions Over Disappointing Court Filings
After a brief hiatus across social media channels, 3AC co-founder Zhu Su tweeted that their “good faith” to cooperate with liquidators of the hedge fund was “met with baiting.” He also posted snapshot...
Vleppo and Tokel make NFT rights legally enforceable in the real world leveraging Komodo technology
Kongens Lyngby, Denmark, 12th July, 2022, Chainwire A long-standing problem confronting the blockchain world and NFT owners is the distinct lack of contractual clarity and legal rights in the enforcem...
Money Is Pouring Into Bonds Again. What It Means.
Text size The renewed interest in government bonds comes as the 10-year Treasury yield has surged to around 3%. Dreamstime Investors are pouring money into bond funds—a reversal from a trend seen for ...
Nigerian Mobility Fintech Secures $20 Million From British Development Finance Institution – Fintech Bitcoin News
A Nigerian fintech, Moove, recently secured a $20 million investment from British International Investment (BII). Moove said the funds will be used to democratize access to vehicle ownership in Africa...
LINK/USD prices slip below $6.15 as market conditions turn bearish
Chainlink price analysis reveals that the market conditions have turned bearish as prices slip below $6.15. The LINK/USD pair is trading at $6.15 and is down by over 2 percent in the past 24 hours. Th...
Ripple Declines as Bears Resume Selling at 0.35 High
Jul 12, 2022 at 11:04 // Price The price of Ripple (XRP) is in a downtrend and has fallen to a low of $0.31. The current price level is the valuable low from June 30. On the upside, further growth is ...
Vasil Hard Fork is for DApp Developers – Charles Hoskinson
Most anticipated upgrade on the Cardano network, the Vasil hard fork, is on its way to launch soon. The Vasil hard fork on Cardano network was scheduled to set off by June. But the most anticipa...
Bitcoin price hits 7-day low as US warns of ‘highly elevated’ CPI data
Bitcoin (BTC) carried through threats of new local lows July 12 as the White House warned of “highly elevated” inflation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView White House warns ...
Moviegoers are leaving their couches for theaters, bringing summer box office sales close to pre-pandemic levels
It’s becoming clearer that audiences are no longer satisfied just sitting on the couch to watch movies. Not only are they returning to movie theaters in droves, theater operators say they’...
40 Million XRP Sold by Jed McCaleb in Last 7 Days, Finish Is Almost Here
According to XRPscan, Jed McCaleb, co-founder of Ripple Labs and its former CTO, has less than 14 million XRP left in his wallet. In just the past seven days, McCaleb has sold about 40 million of the ...
PepsiCo, Gap, Peloton and others
Check out the companies making headlines before the bell: PepsiCo (PEP) – The beverage and snack giant reported an adjusted quarterly profit of $1.86 per share, 12 cents above estimates, and revenue t...
Bank of Russia is opposed to the use of privately issued stablecoins –
– Advertisement – The Bank of Russia takes a stance against the use of private stablecoins inside the nation In the latest development of the ongoing conflict between the Central Bank of R...
Premium Driver App Launched As Low-Cost ADAS Backup, Supplement
Image generated by the mobile app Driver which monitors both road conditions and driver … [+] attentiveness and issues appropriate alerts and creates a video of each trip. Driver Technologies In...
Uniswap Phishing Attack Results in $4.7 Million in ETH Stolen
3 hours ago | 2 mins read Defi News The perpetrators had stolen ETH from victims as well as ERC20 tokens and NFTs. The Uniswap team responded that the attack was part of a phishing scheme. At least $4...
Rio de Janeiro admits its goal to be Brazil’s crypto ecosystem center
The cryptocurrency market might be going through a rough patch in recent weeks, but its adoption around the world is growing at an unprecedented pace, with some cities aiming to be at the forefront of...
Klarna valuation cut to $6.7 billion in $800 million fundraise
Klarna, the Swedish fintech company, has raised $800 million in common equity at a $6.7 billion post-money valuation, the company announced on Monday. The backing comes from existing investors such a...
Su Zhu Accuses 3AC’s Liquidators of “Baiting,” Hints at StarkWare Token
Key Takeaways Three Arrows Capital’s Su Zhu has broken his silence for the first time in four weeks as his firm battles through its insolvency crisis. Zhu shared an email exchange claiming that ...
Silver Price Prediction – Silver Is Under Pressure As Dollar Moves To New Highs
Key Insights Silver declined closer to the $19 level as the U.S. dollar rallied at the start of the week. Treasury yields are declining but traders stay focused on the strong dollar, which is bearish...
Meme Tokens to Withstand the Bear Market History – RoboApe (RBA) and Floki Inu (FLOKI)
Place/Date: – July 11th, 2022 at 11:38 am UTC · 4 min read Source: RoboApe With the cryptocurrency market, users have multiple choices regarding all their purchasing options. Since its inception...
‘Pretty Obvious’ Ethereum (ETH) Is a Security, Says Billionaire CEO Michael Saylor – Here’s Why
MicroStrategy chief executive Michael Saylor thinks leading smart contract platform Ethereum (ETH) is a security. In a new interview with Altcoin Daily, Saylor names all the reasons why he believes Et...
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CryptoPunks Sales Take an $80 Million Dive Since January
CryptoPunks, like nearly all non-fungible tokens (NFT), saw monthly sales in June remain far below the volume highs recorded during the beginning of the year. CryptoPunks has now fallen behind Bored ...
Ethereum price analysis: ETH continues to decline, swiftly tests $1,050 minor support
Ethereum price analysis is bearish today as we have seen a strong decline over the last 24 hours and a clean break past the $1,100 support. Therefore, ETH/USD is likely headed even lower and will look...
Proposal for crypto regulation from the G20 FSB
The G20 Financial Stability Board (FSB) has announced that it will submit its own regulation proposal to establish “solid regulation and oversight” of crypto. The G20 FSB puts forward a proposal for c...
M1 Finance Users can now Enjoy Commission Free Crypto Trading
Looking at the growing demand, the US brokerage firm will allow its users trading crypto assets. American financial services provider company, M1 Finance is launching crypto trading accounts. After th...
Revolut Merges with Polkadot & Gorilix (SILVA) Presale Gains 225%
As usual, there is a lot of movement in the world of crypto. Today we will look at the presale of a highly-anticipated new cryptocurrency that has been taking the market by storm and the exciting part...
Bitcoin Bottom is Approaching – Warns Glassnode Analyst
The global crypto market seems to have come under the ‘bear claw’ again as the overall market capitalization has dropped by 2.75%, to be positioned at $888 Billion. The world’s largest cryptocurrency ...
Crypto-crash a Lesson for Investors- European Regulators Comment
The blockchain industry has consistently strived for a position among other major financial assets and has more or less achieved that status in the past couple of years. But this isn’t essentially tru...