B. Riley, a provider of financial services, has extended an offer to Bitcoin investors. Core Scientific’s leading lender, B. Riley, revealed the details of the financing deal in a letter dated December 14 and said that the company was ready to finance the first $40 million “immediately, with zero contingencies.”
December 15, 2022 1 min read
To streamline the cryptocurrency purchasing process, PayPal is collaborating with the cryptocurrency wallet MetaMask. According to the joint statement, both organizations are looking at providing consumers with a variety of methods for moving their digital assets across platforms. A joint press statement was issued today by the two firms, announcing
December 15, 2022 2 mins read
Due to the FTX’s demise, another financial regulator stepped in. To safeguard its citizens’ savings, the Thailand Securities and Exchange Commission (SEC) is preparing to implement stricter rules on crypto assets in line with those of the international market. The SEC reportedly argued that authorities should take a more active
December 14, 2022 2 mins read
Core Mobile, a mobile version of Ava Labs’s flagship non-custodial multichain wallet, was released today. Ava Labs is the development firm behind the Avalanche blockchain. Moreover, Core Mobile, which will first debut on Android with iOS support scheduled for 2023, attempts to bridge the gap between the DeFi, NFT, and
December 14, 2022 1 min read
In an effort to avoid bankruptcy, crypto mining company Argo Blockchain has been seeking to “engage in an equipment financing transaction” and negotiate the sale of its assets, according to a company blog post. In a press release dated December 12, Argo Blockchain stated it was in “advanced negotiations” to
December 13, 2022 1 min read
Last week, Brian Armstrong, CEO of cryptocurrency exchange Coinbase, predicted that the company’s income for 2022 will be “50% or less” than that of 2021. COIN hit a new low of $39.65 at the start of trading this Monday. The price has fallen 60% from its all-time high of $98
December 13, 2022 1 min read
OKCoin Japan, a major exchange in the country and a branch of the global digital asset business OK Group, has announced that it would be listing Shiba Inu (SHIB) three days after first hinting at doing so. OK Group is a leader in blockchain technology development and service provision. OKCoin,
December 12, 2022 2 mins read
Proof-of-concept for a wallet that may store a Central Bank Digital Currency (CBDC) is being sought by the Bank of England (BOE). The Bank of England (BOE) advertised a call for proposals on the Digital Marketplace. A platform for government agencies to offer digital project work, on the 9th of
December 12, 2022 2 mins read
On Thursday, the Ren Protocol team advised users of the Alameda-backed cryptocurrency that they may lose their funds if they did not take quick action. According to the cross-chain bridge, the Ren 2.0 update to the current product (Ren 1.0) could not be backwards compatible. To avoid “losing them,” Ren
December 10, 2022 1 min read
OpenSea, the leading NFT marketplace, has recently released a tool. That producers may use, to prevent their freshly released NFTs from being sold on sites that do not accept royalties. However, several Web3 developers had issues with the strategy and execution. Therefore OpenSea is making further policy adjustments in response
December 10, 2022 2 mins read