Peter Thiel’s fund pushes Infinex NFT investments to $67.7M
Thiel co-founded PayPal and provided early funding for platforms like LinkedIn and Yelp.
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Avalanche Core wallet gets Blockaid security integration
The security integration uses Blockaid’s threats database to screen for increasingly sophisticated phishing scams and exploits impacting Web3 users.
Sam Bankman-Fried’s lawyers request pre-trial release citing poor internet connection
Former FTX CEO Sam Bankman-Fried's bail was revoked on Aug. 11 after he was found to be trying to contact witnesses in the case and malign witness credibility. 492 Total views 2 Total shares Former FTX CEO Sam Bankman Fried’s lawyers have requested for a pre-trial release citing a lack of adequate internet connectivity in

Thailand to start taxing overseas income next year, including from crypto
Any person who resides in Thailand for up to 180 days, would be subject to personal income tax on foreign assets, including crypto. 186 Total views 1 Total shares Thailand’s Revenue Department is planning to impose personal income tax on the foreign revenues, including those made from crypto trading, of any person who resides in

UK’s FCA bans retail crypto derivatives after year-long consideration
CoinShares' pleas last year went unheard as crypto futures and ETNs will be soon banned. In a landmark decision issued on Tuesday by the U.K.’s Financial Conduct Authority, companies in the country will no longer be able to offer cryptocurrency derivatives products such as futures, options and exchange-traded notes (ETNs) to retail customers.The decision comes…

Capitulation by Unknown Miner ‘Caused the Dip,’ Says CryptoQuant CEO
The CEO of CryptoQuant believes that capitulation by an unknown miner caused the latest Bitcoin price dip. 1358 Total views 53 Total shares According to Ki Young Ju, CEO of CryptoQuant, capitulation by an unknown mining pool was responsible for the latest market dip.The miner who has produced 51 blocks over the past four days…

Reuters to Provide Fact-Checking for Facebook Amid 2020 US Presidential Elections
In partnership with Facebook, Reuters has established a new unit tasked with identifying misinformation on social media. As Reuters reported on Feb. 12, social media giant Facebook’s Third-Party-Fact-Checking Program and the news outlet have jointly launched a fact-checking initiative in a bid to identify misinformation on social media. Specifically, Reuters will verify information posted on Facebook…

Bitcoin price target now $13.5K as BTC trader says ‘exit all the markets’
Bitcoin (BTC) ranged around $16,500 on Nov. 17 as markets digested the latest events surrounding exchange FTX.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFTX CEO tells of “complete failure of corporate controls”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD seeing only mild volatility at the Wall Street open.The pair showed acclimatization to events around the…

South Korea plans interagency crackdown on illegal crypto transactions
South Korea’s top financial regulator established dedicated crypto investigation teams across the country last week. 440 Total views 7 Total shares Several South Korean financial authorities are planning to join forces to combat illegal operations involving cryptocurrencies like Bitcoin (BTC).The interagency crackdown comes in response to growing concerns over speculative investments and potentially illegal activities…