Ripple backs Deaton with $1M donation in senate race against Warren
Ripple has the back of one its strongest supporters in his attempt to unseat powerful Senate crypto foe Elizabeth Warren.
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South Korea: Police Raid Firm Whose Alleged Crypto Scam Promised Investors Shipwreck Gold
South Korean police have raided the office of a local firm whose alleged crypto scam promised investors the spoils of a sunken Russian warship, The Korea Herald reported August 7. The Seoul Metropolitan Police Agency reportedly sent 27 investigators from its white collar unit to to collect evidence from the premises of Shinil Group in…
Is 2020’s “DeFi mania” the next evolution of financial markets?
This year’s DeFi growth may become the defining crypto event of 2020. But what does a “DeFi mania” actually mean? Crypto eras are often defined by their yearly trends: the meteoric bull run of 2017, the crypto winter and ICO boom of 2018, and the resurgent crypto spring of 2019. Will 2020’s explosive DeFi growth…
MMORPG went into ‘hiatus’ after crypto investors bailed, denies it misused funds
Phat Loop Studios, the company behind the "Pokemon-like" game Untamed Isles has blamed the crypto market crash as a reason its investors bailed. 385 Total views 17 Total shares Phat Loop Studios, the company under fire last week for abandoning its Kickstarter and crypto-funded MMORPG game Untamed Isles, is now denying accusations that they lost…
Nifty News: The Flash goes Web3, Yuga Labs still working hard on ‘audacious’ Otherside project and more…
Warner’s The Flash goes web3, to a lack of applause….Warner Bros.’ NFT unit has unveiled a new Web3 experience for the recently released DC Comics superhero more The Flash, which reportedly flopped at the box office. According to an announcement from Warner Bros. Digital Collectibles, The Flash Web3 Movie Experience will launch on July 18…
Bitcoin price risks ‘major volatility’ as 10K BTC hits exchanges
Bitcoin (BTC) returned to exchanges en masse on July 27 in a sign that “major volatility” could come next.According to data from on-chain analytics firm Glassnode, intraday BTC exchange inflows have hit multi-month highs.Trader warns of BTC price volatility “spike”BTC price action continues to linger below $30,000, and traders have consistently warned that further downside…
SecretDAO votes to restructure foundation after public spat between organizations
The new foundation will be governed by a board of three or more members, and no organization will hold more than one seat. 445 Total views 17 Total shares Own this piece of history Collect this article as an NFTThe decentralized autonomous organization that governs privacy-focused blockchain Secret Network has voted to restructure its foundation…
Ledn secures industry-first $50M Bitcoin-backed syndicated loan
Ledn’s groundbreaking $50 million Bitcoin-backed loan, syndicated by Sygnum, is set to transform retail lending and institutional crypto finance.
Australian Draft Bill Excludes Digital Currency From New Cash Payment Limit
Australia’s government has delivered supportive statements on cryptocurrency as it looks to exclude the sector from new restrictions on cash payments.In an explanatory memorandum issued late last week, the country’s Treasury said it wished to ban cash payments for goods and services which exceeded 10,000 AUD ($6,900).However, a number of exclusions would apply, including transactions…