UK hits double-digit inflation for the first time in 40 years
At 10.1% inflation, the United Kingdom joins 2 billion people around the world suffering as price rises erode people’s purchasing power. Go to Source Powered by WPeMatico
Month: August 2022
CoinFund launches $300M early-stage Web3 venture fund
The New York- and Miami-based VC firm said several of its seed-stage crypto investments are preparing Series A funding rounds. Go to Source Powered by WPeMatico
Troubled miner returns 26,000 rigs to eliminate debt
The mining operator entered into a deal with NYDIG to sell rigs to alleviate $64.7 million in outstanding debt. Go to Source Powered by WPeMatico
Israel Arrests 3 in Crypto Scheme to Launder Millions Stolen From France
Police in Israel have detained three suspects who allegedly laundered millions of euros stolen from the French treasury through cryptocurrency transactions. The money came from government grants for businesses affected by the Covid-19 pandemic. Israeli Law Enforcement Busts Money-Laundering Ring Using Coins to Clean Money for French Fraudsters Three people have been arrested in Israel … Read more
Lido Finance Partners With KyberSwap Elastic to Enhance Liquidity on Polygon With Over $120,000 in Liquidity Mining Rewards
Singapore — August 17th – Lido Finance, a giant in the Ethereum staking world, will be enhancing liquidity on Polygon with KyberSwap Elastic. Lido Finance is the largest platform for liquid staking services on Ethereum. Powering DeFi and CeFi applications alike with their technology, Lido Finance empowers stakers to put their staked assets to use … Read more
Web3 gives creators in emerging markets a shot, says Faro Company CEO
Mehmet Eryılmaz said that Web3 opens up opportunities for creators to properly showcase their culture through films and music. Go to Source Powered by WPeMatico
NFL Franchise Houston Texans to Accept Cryptocurrencies for Single Game Suites
The professional American football team the Houston Texans revealed that it has entered an exclusive partnership with the company Bitwallet. The deal will give Houston Texans fans the ability to purchase single game suites with cryptocurrencies. Bitwallet Becomes the ‘Official Digital Currency Wallet of the Houston Texans,’ NFL Team Accepts Crypto Assets for Single Game … Read more
Colombia to prevent tax evasion with national digital currency: Report
A national digital currency would help curb tax evasion in Colombia, which is estimated at up to 8% of GDP, the head of Colombia’s tax and customs agency said. Go to Source Powered by WPeMatico
EthereumPoW team plans to freeze selected contracts, community pushes back
The PoW hard fork of Ethereum is being propagated by a set of miners, but many experts believe that the chances of it succeeding is very less. Go to Source Powered by WPeMatico
What is CeDeFi, and why does it matter?
CeDeFi is a new financial system that combines centralized and decentralized systems. It provides privacy, reduced fees and ease of use. Go to Source Powered by WPeMatico
