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August 2022

Tether also confirms its throwing weight behind the post-Merge Ethereum

Tether also confirms its throwing weight behind the post-Merge Ethereum

”We believe that a smooth transition is essential for the long-term health of the DeFi ecosystem and its platforms, including those using our tokens,” Tether stated. Hot on the heels of an official announcement from USD Coin (USDC) issuer Circle Pay, stablecoin giant Tether has now also officially confirmed its support behind Ethereum’s upcoming Merge upgrade and […]

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TROPIC SQUARE TO LAUNCH PROTOTYPE FOR OPEN-SOURCE CHIPS USED IN BITCOIN HARDWARE

The open-source development of Tropic’s secure chip allows the team to iterate based on community and expert feedback to change the landscape of security. Tropic Square is launching a prototype for an open-source security chip which are used in bitcoin hardware. Being open-source will allow the company to make improvements based on community and expert

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Blockchain Identity Management Market to Hit .81B by 2030

Blockchain Identity Management Market to Hit $17.81B by 2030

The urge for digitization is expected to push the blockchain identity management market to $17.81 billion by 2030, according to a report by Market Research Future (MRFR). An analysis of the blockchain identity management market indicated that a compound annual growth rate (CAGR) of 56.6% would be recorded during the forecast period between 2022 and

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Snoop Dogg, Steve Aoki, Logan Paul, and Beeple Dusted by OFAC-Banned Tornado Cash Transactions

Snoop Dogg, Steve Aoki, Logan Paul, and Beeple Dusted by OFAC-Banned Tornado Cash Transactions

Following the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC) banning Tornado Cash and a number of associated Ethereum-based addresses, an anonymous Tornado Cash user has dusted a swathe of well known wallets tied to ENS domain names. Onchain data shows that a number of celebrities and organizations received 0.1 ether from the platform.

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South Korean Web 2 Metaverse Platform Zepeto Gets a Web3 Makeover

South Korean Web 2 Metaverse Platform Zepeto Gets a Web3 Makeover

The Naver-owned social network worked with Jump Crypto to build ZepetoX on the Solana blockchain. SEOUL, South Korea — South Korean social networking platform Zepeto is getting a Web3 overhaul with a crypto-enabled metaverse version called ZepetoX, the company announced Tuesday. The new platform, which is being built on the Solana blockchain, is a collaboration between

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Greylock, Pantera Led M Round for NFT Infrastructure Provider Pinata

Greylock, Pantera Led $18M Round for NFT Infrastructure Provider Pinata

Silicon Valley investment giant Greylock also backed Pinata’s $3.5 million seed round last year. Non-fungible token (NFT) distribution platform Pinata raised $18 million in a Series A funding round co-led by Silicon Valley venture capital firm Greylock Partners and crypto-native investor Pantera, a Pinata spokeswoman confirmed to CoinDesk. The company also revealed a $3.5 million seed round

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BitMEX former executive pleads guilty to violating the Bank Secrecy Act

BitMEX former executive pleads guilty to violating the Bank Secrecy Act

Gregory Dwyer becomes the last one from the exchange’s management to enter a plea. Another top executive joins three co-founders of the crypto exchange BitMEX, pleading guilty in the United States District Court for the Southern District of New York. The court case under the headline U.S. v. Hayes et al. goes on for two

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Japanese giant SoftBank dumps its entire stake in Uber as losses mount at its investment unit

Japanese giant SoftBank dumps its entire stake in Uber as losses mount at its investment unit

KEY POINTS SoftBank said that it sold its Uber holdings at some point between April and July at an average price of $41.47 per share. SoftBank invested in Uber in 2018 and last year sold about a third of its stake in ride-hailing firm, CNBC reported. It has now offloaded whatever shares it still held. The move

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Elon Musk Challenges Twitter’s CEO to Public Debate on Fake Accounts and Spam Bots

Elon Musk Challenges Twitter’s CEO to Public Debate on Fake Accounts and Spam Bots

Tesla and Spacex CEO Elon Musk has challenged Twitter’s CEO to a public debate over the platform’s fake accounts and spam bots. A recent poll conducted by Musk showed that nearly 65% of respondents do not believe that less than 5% of Twitter daily users are fake or spam. Musk Challenges Twitter’s CEO to Public

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