Arbitrum team buys Prysm client, promises to remain “neutral”
https://offchain.medium.com/the-merge-2-0-offchain-labs-acquires-prysmatic-labs-the-leading-ethereum-consensus-client-team-9eab169c5fb6
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https://offchain.medium.com/the-merge-2-0-offchain-labs-acquires-prysmatic-labs-the-leading-ethereum-consensus-client-team-9eab169c5fb6
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Medium
The Merge 2.0: Offchain Labs acquires Prysmatic Labs, the leading Ethereum Consensus Client team
We’re extremely happy to announce that Offchain Labs is acquiring Prysmatic Labs, the leading Ethereum consensus client. Merging L1 and L2…
Kazakhstan to establish legal framework for bitcoin, crypto
https://tass.ru/ekonomika/16024131
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https://tass.ru/ekonomika/16024131
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TACC
В Казахстане рассматривают законопроекты о лицензировании сферы майнинга
По словам члена комитета по экономической реформе и региональному развитию Мажилиса Екатерины Смышляевой, предполагается ввести правовые механизмы регулирования потребления электроэнергии в отрасли
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Hacks, Regulatory suits, Allegations, Web2 companies accepting Crypto payments...
All this in last 24h!
https://www.cryptopolitan.com/last-24-hours-in-the-crypto-space/
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All this in last 24h!
https://www.cryptopolitan.com/last-24-hours-in-the-crypto-space/
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Cryptopolitan
Are the Last 24 Hours the Craziest 24 Hours Ever in the Crypto Space? – Cryptopolitan
Cryptomarkets stay the talk of the town, whether it’s a spike in cryptocurrency, a plunge, or exploits through hackers. The last 24 hours in the Crypto world were no short of a roller-coaster ride with massive news breaking right and left. The Cryptomarket…
Binance says BSC hard fork successful after hack
https://twitter.com/BNBCHAIN/status/1580143486191271936
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https://twitter.com/BNBCHAIN/status/1580143486191271936
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French police use Twitter crypto sleuth's research to catch scammers
https://www.barrons.com/articles/five-charged-in-france-over-bored-ape-nft-theft-01665594306
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https://www.barrons.com/articles/five-charged-in-france-over-bored-ape-nft-theft-01665594306
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Barron's
Five Charged In France Over 'Bored Ape' NFT Theft
Five people were charged in France Wednesday on suspicion of fraudulently acquiring $2.5 million of valuable NFTs, digital certificates of ownership for artworks that can be traded online, Paris prosecutors said.
Polygon powers India police complaint portal, battling corruption
https://twitter.com/sandeepnailwal/status/1580124653300826113
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https://twitter.com/sandeepnailwal/status/1580124653300826113
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Twitter
Police Complaints(FIR) on blockchain powered by @0xPolygon
This is very close to my heart. We grow up hearing about so many of such cases wherein due to some corruption in a local police department, victims(mostly of rapes) are not even able to register…
This is very close to my heart. We grow up hearing about so many of such cases wherein due to some corruption in a local police department, victims(mostly of rapes) are not even able to register…
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Russian stablecoin usage surged after Ukraine invasion
https://blog.chainalysis.com/reports/eastern-europe-cryptocurrency-geography-report-2022-preview/
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https://blog.chainalysis.com/reports/eastern-europe-cryptocurrency-geography-report-2022-preview/
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Chainalysis
Eastern Europe's Crypto Activity Spikes Driven by War
Eastern Europe crypto market had $630.9B in value received on-chain between July 2021 and June 2022. Crypto activity spikes driven by war.
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MetaMask Adds Bank Transfers
https://consensys.net/blog/metamask/metamask-integrates-with-sardine-to-bring-instant-bank-to-crypto-option-for-u-s-users/
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https://consensys.net/blog/metamask/metamask-integrates-with-sardine-to-bring-instant-bank-to-crypto-option-for-u-s-users/
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Consensys
MetaMask Integrates With Sardine To Bring Instant Bank-To-Crypto Option For U.S. Users | Consensys
In an effort to diversify payment options for users, MetaMask now enables instant bank funding for U.S. customers to purchase crypto through ACH settlement merchant Sardine.
$575 Million Worth of BNB Burnt by Binance
https://twitter.com/binance/status/1580478795760340994
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https://twitter.com/binance/status/1580478795760340994
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X (formerly Twitter)
Binance (@binance) on X
#Binance Completes 21st Quarterly #BNB Burn!
🔥 2.06m #BNB has been burned 🔥
🔥 2.06m #BNB has been burned 🔥
OpenSea Weekly Volume Hits New 2022 Low.
OpenSea is down bad this week as the NFT marketplace has done only $70M of trading volume over the previous seven days. OpenSea saw just $6.2M of trading volume yesterday, representing the lowest daily volume in 2022 so far.
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OpenSea is down bad this week as the NFT marketplace has done only $70M of trading volume over the previous seven days. OpenSea saw just $6.2M of trading volume yesterday, representing the lowest daily volume in 2022 so far.
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NYDIG Sheds Over 30% of Its Staff Weeks After Aggressive $720M Bitcoin Fundraiser
https://beincrypto.com/nydig-sheds-30-staff-weeks-after-aggressive-720m-bitcoin-fundraiser/
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https://beincrypto.com/nydig-sheds-30-staff-weeks-after-aggressive-720m-bitcoin-fundraiser/
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BeInCrypto
NYDIG Sheds Over 30% of Its Staff Weeks After Aggressive $720M Bitcoin Fundraiser
Digital asset and crypto broker NYDIG is the latest to suffer the big freeze of crypto winter, as it has reportedly shed a third of its staff.
DBS bank dubs Bitcoin as ‘unique’ despite its volatile nature
https://www.finews.asia/finance/37831-dbs-bitcoin-is-an-unprecedented-opportunity
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https://www.finews.asia/finance/37831-dbs-bitcoin-is-an-unprecedented-opportunity
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finews.asia
DBS: Bitcoin is an Unprecedented Opportunity
Despite worries about persistent market volatility, bitcoin remains an unprecedented opportunity due to its ability to conduct uninterrupted trading without requiring a central counterparty for clearing, according to DBS.
Blockchain.com closes crypto custody for Russians amid EU sanctions
https://www.rbc.ru/crypto/news/634904aa9a794736c979e554
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https://www.rbc.ru/crypto/news/634904aa9a794736c979e554
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РБК Крипто
Кошелек Blockchain.com предупредил о блокировке пользователей из России
В компании предложили клиентам вывести свои средства до 27 октября, после этого счета будут закрыты
Mastercard Executive Says Payments Giant Working To Unlock Full Potential of Crypto and Digital Assets
https://www.mastercard.com/news/perspectives/2022/how-turn-cryptocurrencies-into-everyday-way-to-pay/
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https://www.mastercard.com/news/perspectives/2022/how-turn-cryptocurrencies-into-everyday-way-to-pay/
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Mastercard
How to turn cryptocurrencies into an everyday way to pay
Bringing together the best of tech, banking, fintech and crypto can fulfill the promise of crypto as a payment tool, says Mastercard's Raj Dhamodharan
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Magic Eden, the NFT marketplace that's primarily focused on Solana based project, has announced that it will transition to “optional royalties” and plans to launch a promotion with no platform fees.
https://twitter.com/MagicEden/status/1581101016686399491
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https://twitter.com/MagicEden/status/1581101016686399491
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Twitter
🧵After some difficult reflection and discussions with many creators, we’ve decided to move to optional royalties on @MagicEden.
Effective later today, we will also begin running a promotion to waive our platform fees.
Effective later today, we will also begin running a promotion to waive our platform fees.
Significant Lack of Demand In the Market:
The perpetual futures market significantly affects the short-term price movement of Bitcoin. As a result, it could be beneficial to assess the sentiment of the futures market, and one of the best metrics to do so is funding rates.
The funding rates have turned negative once again as the price has dropped from the $22K level and is consolidating at the $19K support. However, the metric’s values are significantly low compared to the 2019-2021 period indicating a massive lack of demand and activity in the futures market, which usually results in a period of consolidation and range phase. This metric should be watched closely in the short term as possible extreme negative values increase the probability of a short-squeeze and could cause a reversal in the cryptocurrency’s price.
📍 Follow @Coins for the hottest news in crypto.
The perpetual futures market significantly affects the short-term price movement of Bitcoin. As a result, it could be beneficial to assess the sentiment of the futures market, and one of the best metrics to do so is funding rates.
The funding rates have turned negative once again as the price has dropped from the $22K level and is consolidating at the $19K support. However, the metric’s values are significantly low compared to the 2019-2021 period indicating a massive lack of demand and activity in the futures market, which usually results in a period of consolidation and range phase. This metric should be watched closely in the short term as possible extreme negative values increase the probability of a short-squeeze and could cause a reversal in the cryptocurrency’s price.
📍 Follow @Coins for the hottest news in crypto.
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$718 million across 11 different DeFi protocols have been hacked so far this month, according to blockchain analytics unit Chainalysis.
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📍 Follow @Coins for the hottest news in crypto.
Macau is betting on digital currency, CBDC as legal tender
https://www.gov.mo/pt/noticias/636407/
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https://www.gov.mo/pt/noticias/636407/
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Portal do Governo da RAE de Macau
O Conselho Executivo concluiu a discussão sobre a proposta de lei intitulada “Regime jurídico da criação e emissão monetária”
O Conselho Executivo concluiu a discussão sobre a proposta de lei intitulada “Regime jurídico da criação e emissão monetária”, a qual será submetida
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Crypto lender Celsius incurs more than $3 million in legal fees
https://cases.stretto.com/public/x191/11749/PLEADINGS/1174910152280000000012.pdf
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https://cases.stretto.com/public/x191/11749/PLEADINGS/1174910152280000000012.pdf
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Kanye West seen wearing Satoshi Nakamoto hat after JP Morgan let go of his $160M account.
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📍 Follow @Coins for the hottest news in crypto.
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