US military partner Constellation opens Hypergraph network to app developers
The “Layer 0” network was created in collaboration with the United States Department of Defense and is now open for commercial Web3 applications.
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Three Arrows Capital creditors express frustration with bankruptcy process during call
3AC co-founder Kyle Davies announceed regular meetings with creditors, noting all involved parties are welcome to attend. 163 Total views 4 Total shares Own this piece of history Collect this article as an NFTKyle Davies, the co-founder of bankrupt hedge fund Three Arrows Capital (3AC), disclosed in a Twitter thread that the first meeting of…
Euler Labs hacker returns ‘all of the recoverable funds’ — Timeline
After being robbed of $196 million in a flash loan attack, Euler Finance has convinced its hacker to return most of the funds. The outcome resulted from numerous back-and-forths over 23 days, eventually leading the hacker to do “the right thing.”On March 13, the Euler Finance hacker carried out multiple transactions, each draining millions of…
Swiss Federal Council Continues to Monitor Stablecoins and Blockchain
The Swiss Federal Council is continuing to keep close tabs on global stablecoin projects and their possible opportunities and challenges.Switzerland is seen as very crypto-friendlyIn a press release on Oct. 16, the Swiss Federal Council stated that it was recently informed about “current opportunities and challenges associated with stablecoins” and that Switzerland will continue to…
Crypto Market Hardly Needs a Bitcoin ETF at This Time, Says BKCM CEO
Founder and CEO of crypto investment firm BKCM Brian Kelly has said that Bitcoin (BTC) exchange-traded funds (ETF) are hardly needed for the ecosystem’s development, given that the coin is already available on regulated platforms such as Fidelity and TD Ameritrade.Kelly made his remarks during an interview with CNBC published on Oct. 11, explaining: “You have…
Ethereum price flash crashes to $950 on Uniswap as whale dumps 93K ETH
Ethereum's native token Ether (ETH) fell to as low as $950 on Uniswap—a decentralized crypto exchange— this June 13, about 20% lower than its spot rate across other exchanges.ETH/USD hourly price chart. Source: UniswapOver $130M ETH sold in six hoursThe incident happened at around 3:00 am UTC after a whale dumped 65,000 ETH for multiple…
Ethereum ETFs to be Web3 growth ‘call option’ — Crypto analyst
Ether has a “much larger addressable market” than Bitcoin as it could be considered a bet on the entire Web3 industry, claims a crypto analyst.
Analysts: Despite Crypto Mining Decline, Nvidia Will See Increased Revenue This Quarter
Analysts polled by FactSet suggest that Nvidia will see increased revenue this quarter despite “waning” cryptocurrency mining, Marketwatch reported August 10. The purported increase is due to strong demand for gaming devices and data-centers. While analysts suggest that the company’s revenue from crypto mining hardware will decline, the U.S.-based graphic processing units (GPU) manufacturer will…
Largest Japanese Consulting Firm to Launch New Cryptocurrency Index
Leading Japanese consulting firm Nomura Research Institute (NRI) partnered with cryptocurrency investment solution provider Intelligence Unit (IU) to launch a tradable cryptocurrency index.According to a press release published on Jan. 29, the new index’s name is NRI/IO Crypto-Asset Index and it is meant for use by financial institutions. The index also draws data from crypto…