Crypto News Roundup for Oct. 22, 2021

The liquidator of Three Arrows Capital (3AC) may try to reclaim about $1.2 billion from Digital Currency Group (DCG) and crypto lender BlockFi, clawing back payments made by the hedge fund as liquidation loomed but before the process started.A confidential July 7 report from Teneo, the liquidator, that CoinDesk reviewed referred to more than $1…

Crypto exchange Binance is investigating the SQUID token crash and considers it a scam, a company spokesperson confirmed to CoinDesk.Binance is exploring options to help those harmed, including “blacklisting addresses affiliated with the developers and deploying blockchain analytics to identify the bad actors,” the spokesperson said.Binance will also provide their findings to law enforcement officials…

Jun 15, 2020 at 20:32 UTCSource: CoinDesk Bitcoin Price IndexMarket Wrap: Bitcoin Drops, Then Pops as Traders See Weaker Markets ComingBitcoin took a hit Monday, only to recover as many market participants see price weakness ahead. Bitcoin (BTC) was trading around $9,426 as of 20:00 UTC (4 p.m. ET), gaining less than a percent over…

news UPDATE (Oct. 11, 2019, 20:27 UTC): Mastercard and Visa have also confirmed they will not be joining the Libra Association. Mastercard, Visa, digital auction company eBay and payments firm Stripe have all pulled out of the Facebook-led Libra Association. The Financial Times reported Friday that eBay and Stripe dropped out of the Libra cryptocurrency project,…

Robert Alice is an alias, if you don’t already know. A character created for an established U.K.-based artist after he was captivated by the emerging world of NFT art and wanted to jump into the fray. And in just a few years, Alice has done just that — he has produced a number of hugely

The Hong Kong Monetary Authority and the Peoples Bank of China have expanded the digital yuan pilot to enable the use of e-CNY wallets in Hong Kong.China and Hong Kong have been conducting cross border digital yuan trials.The Hong Kong Monetary Authority (HKMA) and the Peoples Bank of China (PBOC) expanded the scope of their

The U.K.'s data watchdog, the Information Commissions Office (ICO), will examine Worldcoin, a project by OpenAI CEO Sam Altman."We note the launch of WorldCoin in the U.K. and will be making further enquiries," a spokesperson for the Information Commissioner's Office told CoinDesk.“Organizations also need to have a clear lawful basis to process personal data. Where…

Rosie Perper is the Deputy Managing Editor for the Web3 news section, focusing on the metaverse, NFTs, DAOs and emerging technology like VR/AR. She has previously worked across breaking news, global finance, tech, culture and business. She holds a small amount of BTC and ETH and several NFTs.This week, major Web2 institutions launched new tools…

news A blockchain startup is bringing the fight for free speech to the domain level. Unstoppable Domains announced Thursday a $4 million Series A led by venture capital firm Draper Associates. Boost VC, which led the startup’s seed round, was the only other participant in the Series A. “For global free speech to work, you…