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October 2022

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NFTs associated with 3AC have been moved to new address- Details inside

Blockchain analytics firm Nansen reported that more than 300 NFTs associated with the defunct crypto hedge fund Three Arrows Capital (3AC), have been moved into a new address. Starry Night Capital, the fund launched by 3AC founders to look after the digital art front of their business, transferred several high-profile NFT collections from an address linked to […]

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Two Sigma Securities becomes a Chainlink network data provider

QUICK TAKE Two Sigma Securities, a quantitative liquidity provider and market-making firm, will become a Chainlink data provider. Two Sigma Securities providing its proprietary data could expand the use cases of on-chain smart contract applications. Smart contracts depend on aggregating data sources for financial markets. Two Sigma Securities, a quantitative liquidity provider and market-making firm,

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Venture firm Bessemer counts on a decentralized network for deal flow

QUICK TAKE Storied venture firm updates market on DAO investing group. Firm says that it has 100 “scouts” to scour for deals and propose them for on-chain governance votes. Bessemer said in March it would commit $250 million to crypto. In the world of venture capital, an investor’s network is as good as her net-worth.

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How Will WAN Price React Ahead of Wanchain Network Upgrade?

In Brief Upcoming Wanchain upgrade will make it easier for users to move their XRPL tokens between multiple chains The number of WAN-related mentions on social media has risen by 77% since Oct 2. WAN price appears to be forming a bullish divergence against the RSI on the daily chart. Wanchain, a distributed ledger that

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Bitwise Offers New Web3 ETF as Some Crypto Funds Rebound

Top holdings in the new fund include Coinbase, Roblox and Equinix The largest blockchain ETF, down roughly 50% year to date, improved to flat returns over the past month Bitwise Asset Management has launched a Web3 ETF as some of the largest crypto-related funds have shown signs of rebounding despite the ongoing crypto downturn. The Bitwise

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Armstrong, Buterin, Saylor, Star in Coinbase Crypto Documentary

Coinbase CEO Brian Armstrong said that the filmmakers had “unprecedented access inside the company.” Coinbase Unveils Crypto Documentary Coinbase is releasing a documentary charting the company’s rapid growth. Directed by Emmy award winner Greg Kohs, COIN tells the story of Coinbase’s rise from a startup to a publicly traded company and its place in the fast-growing cryptocurrency space. It

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October will be ‘a reversal month’ for stocks, suggests ex-hedge fund manager

Mike Novogratz, the CEO of cryptocurrency investment firm Galaxy Digital, has suggested October might experience some reversal for stocks amid the ongoing Federal Reserve (Fed) interest rate hikes in an attempt to contain the skyrocketing inflation. According to Novogratz, the first few days of October have shown positive signs as the market continues to face instability, he said during CNBC’s

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Credit union reimburses widow for crypto fraud after newspaper intervenes

After grieving the loss of her husband and brother to brain cancer, a widow was seduced online and scammed out of £53,000 ($60,400) through false crypto investments. Her building society (similar to a credit union) refused to pay her back but was forced to concede after she wrote a letter to a newspaper. The unnamed

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Grayscale Bitcoin Trust terminates material agreements with Genesis

Genesis will no longer be involved in GBTC’s main operations, but will still act as a liquidity provider. NEWS   According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Grayscale Bitcoin Trust has terminated two agreements with cryptocurrency broker Genesis. First, Genesis will no longer assist Grayscale in the distribution and marketing

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Bitcoin Dominance (BTCD) Regains Resistance Level as Ethereum (ETH) Falls After Merge

In Brief Bitcoin dominance is in the process of regaining the 41.50% level. A close above the resistance area could lead to a further decline in the altcoin prices against BTC. ETH/BTC is trying to hold support at 0.067 BTC. Bitcoin Dominance (BTCD) bounced off a long-term support area in Sept. It has been rising ever

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