Crypto Biz: Consolidation ramps up among crypto firms
This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.
Related Posts
Alameda’s $38B IRS bill, Do Kwon kicked in the assets, Milady frenzy: Asia Express
IRS wants $38 billion tax from Alameda According to recent flings posted by the claims agent of bankrupt cryptocurrency exchange FTX, the U.S. Internal Revenue Service (IRS), is claiming a total of $44 billion from the exchange’s bankruptcy and related firms, including $38 billion against its sister quantitative trading firm Alameda Research. In one single…
CrowdStrike stock falls another 13% on Monday, days after global IT outage
“We are likely to experience similar incidents,” said Binance CSO Jimmy Su in the wake of the global computer outage.
Central Bank of Ireland nixes crypto funds: Too difficult ‘for a retail investor’
The central bank feels that there is too much risk for retail investors who lack the expertise needed to trade crypto, but professional investors are welcome to continue trading. 178 Total views 25 Total shares The Central Bank of Ireland has stated that it is unlikely to approve investment funds for retail crypto investors because…
‘I never opened the code for FTX’: SBF has long, candid talk with vlogger
Former FTX head Sam Bankman-Fried (SBF) selected cryptocurrency vlogger Tiffany Fong for a series of lengthy and candid telephone interviews. In the two interviews that had been released on YouTube at press time, SBF speaks about many of the major questions connected with the collapse of FTX.The first interview was conducted Nov. 6 and released…
Crypto Accounts for Less Than 1 Percent of Pornhub Purchases
Canadian adult entertainment giant Pornhub has revealed that less than 1 percent of purchases on the platform are made in cryptocurrencies, Hard Fork reported September 28.Despite the low volume of subscriptions paid with crypto, a Pornhub spokesman told Hard Fork that “[it] expect[s] to see widespread adoption of crypto[currency] and blockchain on our site in…
Is Theta worth the hype? Theta price volatile ahead of mainnet launch
There’s no denying the fact that Theta is one of the most discussed cryptocurrency projects on the market in 2021, so much so that the Theta token has already made its way into the top 10 list of cryptocurrencies by overall market capitalization, in what feels like almost no time at all.In its most basic…
Mainland China investors won’t be able to buy Hong Kong Bitcoin ETFs
Mainland Chinese citizens will not be able to purchase Bitcoin and Ether ETFs in Hong Kong because mainland China banned crypto transactions years ago.
P2E game Nyan Heroes aims to save 1 billion sheltered cats
Cat themed play-to-earn (P2E) NFT game Nyan Heroes is aiming to save 1 billion cats from euthanization in animal shelters across the U.S.Nyan Heroes is an upcoming NFT battle royal shooter style game built on the Solana blockchain that will enable players to compete with each other using NFTs depicting animated cats that are used…