GMO’s Cryptocurrency Business Made $2.3 Million Profit in Q2

Tether, the company behind the $110 billion stablecoin (USDT), debuted Monday a new token minting platform called Alloy on the Ethereum network that lets users create tokens collateralized by Tether's tokenized gold (XAUT)."Alloy by Tether is an open platform that allows to create collateralized synthetic digital assets and will soon be part of the new

The partnership will help provide an added layer of security to blockchain transactions.Telefónica will introduce the security measure in Brazil.One of the world's largest telecommunication services providers, Telefónica (TEF), is partnering with decentralized oracle network Chainlink (LINK) to ensure security against Web3-related hacks and exploits, including "SIM Swap" attacks.The partnership will provide security for smart

Leading cryptocurrency exchange Binance said its trading division Binance Options will offer "T+3" daily call and put contracts tied to BNB, a cryptocurrency closely linked to the exchange.Starting Wednesday, Binance Options will list the T+3 BNB/USDT options every day at 08:00 UTC. New listings won't happen on days longer duration contracts expire, the exchange said…

NEWS Bitcoin rewards platform Lolli has raised $2.25 million in seed funding from investors including Bain Capital Ventures and Digital Currency Group. Also participating were Version One, Forerunner Ventures, 3K VC, SV Angel, FJ Labs, Gokul Rajaram, Alex Chung, Brian Sugar and others, the firm said Wednesday. Lolli is a rewards platform that allows users to earn bitcoin…

news A new form of malware is targeting enterprises in Asia to mine monero (XMR) cryptocurrency. Cybersecurity software provider Symantec published the news in a blog post Wednesday, saying that over 80 percent of victims are located in China, with nations such as South Korea, Japan and Vietnam also seeing activity. Dubbed “Beapy,” the malicious code…

news The Federal Reserve of Boston is starting a new blockchain experiment this summer. The Massachusetts state regulator has been one of the earliest and most involved government bodies to dip their toe into the new technology. It has been quietly developing blockchain systems since 2016 but has said very little about their plans. Now…

Lucky or unlucky? A man in Australia who mistakenly received nearly 10.5 million Australian dollars (AUSD) from Crypto.com will appear in court next month on theft charges, the Guardian reported.Jatinder Singh will attend a plea hearing on Oct. 23 at the County Court of Victoria in Australia for failing to report that he received AUSD

news View Bitcoin’s bounce from the support of the 10-candle moving average (MA) on the three-day chart may have opened the doors for a retest of recent highs above $13,000. The MA has consistently reversed pullbacks since February. A failure to hold above that support level ($11,167 currently) would validate the bearish candlestick pattern seen…

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.Crypto price tracking site CoinMarketCap is diving into…