10T Holdings, a crypto firm led by hedge fund manager Dan Tapiero, led the round. Source
DeFi Infrastructure Provider Qredo Raises $80M at $460M Valuation
Day: February 4, 2022
US Treasury Department Warns of NFT Risk in Art-Related Money Laundering
The U.S. Department of the Treasury warned that non-fungible tokens (NFTs) may become a tool for money laundering in the high value art market. Source
Wonderland reveal and Wormhole hacked, Jan. 28โFeb. 4
Welcome to the latest edition of Cointelegraphโs decentralized finance newsletter. Itโs been a tumultuous week of doxxing, hacks, bailouts and new highs in the decentralized finance space. Read on to recap the most impactful stories of the last seven days.ย This article represents a conspectus of the full email newsletter. For the full edition, sign up via the box below. Wonderland lost in no mans amid Sifu saga Following the revelatory identification of previously anonymous QuadrigaCX co-founder Michael Patryn as the founder of DeFi protocol Wonderland โ known on social…
Top Canadian Trading App Finally Embraces Crypto Fully
In 2020, Wealthsimple dipped its toes into crypto by offering Bitcoin and Ethereum trading. Now, the online investment platform is fully embracing crypto by including capabilities like hosted wallets and several other coin options to trade. Of course, Wealthsimple isnโt the first financial services company to embrace crypto, signaling that digital currencies are becoming more and more mainstream. WealthSimple CEO Mike Katchen urged Canadian policymakers to “plant a flag” in the crypto world. The tides are already turning in regards to regulation, with BitBuy recently becoming Canada’s first regulated crypto…
Bitcoin Attempts to Break Downtrend; Faces Resistance Toward $45K
Bitcoin (BTC) buyers were active over the past 24 hours, pushing the cryptocurrency above $40K for the first time in two weeks. Buyers will need to make a decisive move above that level to confirm the start of a recovery phase. Significant upside could be limited as long-term momentum signals are negative. Original
Bank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints โ Economics Bitcoin News
The Bank of England (BOE) raised the countryโs benchmark bank rate from 0.25% to 0.5% this week in order to curb rampant inflation. โWe face a trade-off between strong inflation and weakening growth,โ the British central bankโs governor Andrew Bailey told the press. Furthermore, when asked by a BBC reporter if BOE members were urging British citizens not to ask for pay raises, Bailey replied: โBroadly, yes.โ BOE Raises Rates for the Second Time Since the Start of the Covid-19 Pandemic, British Central Bank Governor Says โWe Need to See…
Come La Blockchain Cambierร Le Nostre Vite
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Registrati a Young Platform e ricevi 10โฌ in regalo: Guadagna Crypto restando in forma con Stepdrop: Young Academy: Fonti usate per il video: #Blockchain #YoungAcademy In questo video parlerรฒ di Blockchain. Nella prima parte del video descriverรฒ cos’รจ la Blockchain, e nella seconda parte vedremo 13 modi in cui la Blockchain cambierร le nostre vite in futuro. ๐๐ พ๐๐๐๐ ฑ๐ ด: ๐จ Iscriviti al mio canale di Citazioni Famose: โซ Iscriviti al secondo canale Italiano: ๐ข Iscriviti al mio canale di Statistica: ๐ต Versione Inglese…
Nike and Hermรจs File Lawsuits for Trademark Infringement as Fashion Collides With NFTs
Imitation may be the sincerest form of flattery, but not when it comes to the increasingly lucrative market of digital collectibles, determining what crosses the line into wrongful conduct will be a tricky matter. Source
Profitability makes crypto mining more expensive in Argentina
Chinaโs crackdown on mining has led miners to search for other countries to continue their operations. Promises of reduced costs led some toย Argentina. However, the countryโs government has now applied new rates for crypto miners in the province of Tierra del Fuego. Argentinaโs Energy Secretary of the Ministry of Economy published and announced resolution 40/2022, eliminating the energy government subsidies for crypto mining energy usage. The new rates make mining in the country up to four times more expensive than it used to be. According to the resolution, the hourly…
India’s Tough Crypto Stance Has a Silver Lining
First, once digital fiat bearer instruments, be they CBDCs or stablecoins, are used for payments inside other blockchain-based services such as supply chain management, gaming or non-fungible tokens (NFT), it will boost that wider crypto ecosystem โ the decentralized metaverse of Web 3 โ as it goes mainstream. Source