UK hits double-digit inflation for the first time in 40 years
At 10.1% inflation, the United Kingdom joins 2 billion people around the world suffering as price rises erode people's purchasing...
Month: August 2022
CoinFund launches $300M early-stage Web3 venture fund
The New York- and Miami-based VC firm said several of its seed-stage crypto investments are preparing Series A funding rounds....
Troubled miner returns 26,000 rigs to eliminate debt
The mining operator entered into a deal with NYDIG to sell rigs to alleviate $64.7 million in outstanding debt. The...
Web3 gives creators in emerging markets a shot, says Faro Company CEO
Mehmet Eryılmaz said that Web3 opens up opportunities for creators to properly showcase their culture through films and music. While...
EthereumPoW team plans to freeze selected contracts, community pushes back
The PoW hard fork of Ethereum is being propagated by a set of miners, but many experts believe that the...
NFL Franchise Houston Texans to Accept Cryptocurrencies for Single Game Suites
The professional American football team the Houston Texans revealed that it has entered an exclusive partnership with the company Bitwallet....
Nasdaq-Listed Eqonex Closing Crypto Exchange Due to High Competition, Fallen Volumes
The Nasdaq-listed firm Eqonex is closing its cryptocurrency exchange business. The company cited high competition among crypto trading platforms and...
Binance Obtains In-principle Approval to Operate With Cryptocurrencies in Kazakhstan
Crypto exchange Binance has been granted preliminary approval to offer trading and custody services for digital assets in Kazakhstan. The...
Colombia Plans to Launch Digital Currency to Reduce Tax Evasion
The government of Colombia revealed it has plans to launch a digital currency. One of the purposes of this new...
Colombia to prevent tax evasion with national digital currency: Report
A national digital currency would help curb tax evasion in Colombia, which is estimated at up to 8% of GDP,...
Another depeg — Acala trace report reveals 3B aUSD erroneously minted
As the dust settles on another decentralized finance exploit, Acala continues to trace tokens that were erroneously minted after a...
What is CeDeFi, and why does it matter?
CeDeFi is a new financial system that combines centralized and decentralized systems. It provides privacy, reduced fees and ease of...
EOS price jumps 20% for biggest gain in 15 months — what’s fueling the uptrend?
EOS attempts to become a fully decentralized network following a key "hard fork" in September. EOS rose approximately 20% to reach...
For greater good: NY judge allows Celsius to mine, sell Bitcoin
Chief bankruptcy judge Martin Glenn, Southern District of New York, approved Celsius’ request for running BTC mining and selling operations...
Bitcoin price sees firm rejection at $24.5K as traders doubt strength
$24,500 keeps control on hourly timeframes as gains for both Bitcoin and Ethereum are quickly extinguished. Bitcoin (BTC) returned to...
