Bluesky adds 1 million new users in 3 days amid X ban in Brazil
The decentralized microblogging platform has seen traffic and user numbers surge following the X expulsion from Brazil.
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Major Crypto Debit Card Issuer Reportedly Missing $2.1B in Cash
A German fintech company responsible for several crypto debit cards, including Crypto.com’s, allegedly misrepresented over $2 billion in cash reserves. 1956 Total views 20 Total shares Major fintech company WireCard, which issues Crypto.com’s debit cards, has fallen into controversy as some of its employees appear to have defrauded the company.As reported by the Financial Times…
3 key metrics signal Terra (LUNA) price is preparing for a recovery
Terra (LUNA) price lost 31% over the past four weeks, erasing all of the gains accrued year-to-date and even though the token continues to outperform the broader cryptocurrency market by 20%, Terra is struggling to hold above the $85 support.Previously, a few bullish catalysts were Terra’s USD (UST) stablecoin flipping Binance USD (BUSD) to become…
Japanese General Trading Company Backs Blockchain Platform for Wind, Solar
Marubeni Corp., a major Japanese sōgō shōsha, or general trading company, is now backing a blockchain-based power trading platform.Per a report by Reuters on July 23, Marubeni has issued a loan to Lithuania-based blockchain project WePower. Per Reuters, the size of Marubeni’s stake in WePower after converting the loan is yet to be determined.WePower has…
Binance faces calls for ban by Nigerian Bureau De Change association
Gwadabe reportedly emphasized that Binance trading has increasingly established itself as a central point for both the Investor and Exporters window as well as the parallel market. 312 Total views 4 Total shares Binance continues to experience an increase in regulatory heat as the Federal Government of Nigeria is being urged by the Association of…
Thai bank’s venture arm invests in institutional crypto custodian Anchorage
SCB 10X, the venture arm of Thailand's oldest bank, is participating in an $80 million Series C fundraising round for institutional crypto custodian and digital asset platform Anchorage. 3089 Total views 13 Total shares Just last month, SCB 10X — the venture arm of Siam Commercial Bank — had announced its new $50 million fund dedicated…
Mobile crypto ‘mining’ app possibly connected to personal data leak
A 17GB personal data leak reportedly sprung from the Pi Network mobile app. 2172 Total views 17 Total shares Pi Network, a cryptocurrency mining app for mobile users, may have been connected to 17GB worth of personal data leaks, a Vietnamese news outlet reported on Monday.The treasure trove of personal data was apparently taken from…
Bain Capital Ventures sets up half a billion-dollar fund for crypto projects
Venture capital investment in crypto projects topped $25 billion in 2021, more than the sum of the last ten years. 530 Total views 20 Total shares Bain Capital Ventures, one of the world's largest startup-investment firms with $5.1 billion in assets under management, has announced the formation of a new $560 million fund that will…
Bitcoin premium hits 60% in Nigeria as it limits ATM cash withdrawals
The price of one Bitcoin (BTC) in Nigeria can cost upwards of $38,000. 137 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe price of Bitcoin (BTC) in Nigeria has skyrocketed to well above market levels amid continued efforts by the central bank to push its citizens into…