Mon, October 5

Celsius Bankruptcy Case Trustee Criticizes $2.96M Bonus Scheme

In its Oct. 27 supporting statement for the objection, the trustee harshly criticized Celsius. Paying executives more in anticipation of a reorganization may seem counterproductive. U.S. trustee William Harrington is objecting to a Celsius motion. That would pay $2.96 million in retention bonuses to 62 of the company’s 275 workers.

October 28, 2022 2 mins read

Polkadot Privacy Project Manta Network Seeks Largest Trusted Setup Ever in Crypto

Another reliable system for crypto is being developed, and it involves everything from blowtorching computers to employing radioactive dust from Chernobyl. This is the biggest one so far. Manta Network’s development team, P0xeidon Labs, has revealed that they would be using a trusted setup ceremony to introduce their private payments

October 28, 2022 4 mins read

THORChain Network Back Online After 20.5 Hours of Outage

The network operators went on to detail the processes necessary to fix the issue. Next week the team will be releasing the autopsy results. THORChain’s blockchain operators announced on Twitter that the network had crashed Thursday due to a software fault. Members of the team have said that the downtime

October 28, 2022 2 mins read

NFT Marketplace LooksRare Makes Creator Royalties Optional

Solana NFT marketplace Magic Eden took a similar tack earlier this month. LooksRare also said that it will allocate 25% of its protocol fee to authors. With today’s announcement, Ethereum NFT marketplace LooksRare has joined the growing trend of NFT marketplaces abandoning enforcement of creator royalties by no longer requiring

October 28, 2022 1 min read

Marketplace For Buying Telegram Handles Now Live

If no one bids more than the minimal amount, the starting price will drop each day. The Open Network (TON), a blockchain, was used to establish the marketplace. On Thursday, the popular messaging app Telegram introduced a marketplace for user names on the service. The Open Network (TON), whose token

October 28, 2022 1 min read

Mexican Entrepreneur Opens Shopping Mall in Metaverse

Island Shopping Mall, Mexico’s first metaverse shopping center. At this time, eighty brands have been verified. There are a number of benefits to visiting shopping centers in the metaverse. One advantage is that they can accommodate as many shops as the architects and builders can dream up. Island Shopping Mall,

October 28, 2022 1 min read

Stablecoin Regulation Bill Passed by United Kingdom Authorities

Stablecoins were included into the new law by the House of Commons. Griffith also brought up the prospect of a digital pound being introduced. U.K. Prime Minister Rishi Sunak has been selected. Sunak is an advocate for cryptocurrencies, and he hopes to see the United Kingdom become a center for

October 28, 2022 1 min read

Jack Dorsey Backs the Zion v2 Project Building on WEB5

Jack Dorsey, a crypto enthusiast, is especially interest in and frequently emphasizes web5, and this morning he tweeted that web5 is happening and linked to and endorsed the Zion app that is constructing the Zion v2 in web5. thanks for the support @jack can't wait to share what we have

October 28, 2022 1 min read