New Metis Rollup Tech Addressees Ethereum Scalability for Businesses
The layer 2 platform’s team includes the mother of Ethereum creator Vitalik Buterin
Crypto
First Mover Americas: Once-Bouncing Bitcoin Now Just Rolls Like Ball
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 11, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
BNY Mellon to Begin Crypto Custody Service: Report
The custodial lender earlier fall received approval from the NYDFS to begin holding bitcoin and ether for certain customers, reports the WSJ.
Google Partners With Coinbase to Accept Crypto Payments for Cloud Services
Google will start accepting crypto payments for cloud services early next year, according to a CNBC report.
Breaking: Google taps Coinbase to bring crypto payments to cloud services
Google says early next year users will be able to pay for cloud services using cryptocurrencies like Bitcoin and Ethereum via Coinbase.
Block Subsidiary Spiral, Mining Tech Firm Braiins Spearhead Push for Bitcoin Mining Upgrades
The firms are pushing for the adoption of Stratum V2, which promises to increase the bitcoin network’s censorship resistance and decentralization.
Smart-Contract Platform Soroban Receives $100M to Build on Stellar Network
The Stellar Network-based platform is supported by a $100 million adoption fund from the Stellar Development Foundation.
Tether stablecoin issuer freezes 8.2M USDT on Ethereum: Data
Tether has frozen a total of 215 USDT addresses on Ethereum in 2022 so far, according to data compiled by ETH researcher Philippe Castonguay.
Brokerage Firm Bernstein Says NFTs Are Not Dead
These tokens are redefining the crypto consumer stack, the report said.
Bitcoin Miner Greenidge Expects Q3 Losses of $20M-$22M Amid CEO Departure
Bitcoin (BTC) miner Greenidge Generation Holdings’ (GREE) CEO expects to record a GAAP net loss of between $20 and $22 million for the third quarter.
Community interaction beaming through the crypto space: Blockchain Economy Dubai 2022
The Blockchain Economy Dubai Summit 2022 highlighted that the crypto community is eager to engage and interact with fellow community members.
Former CEO of Bankrupt Crypto Lender Celsius Cashes Out $960K in CEL, USDC, Data Show
Alex Mashinsky, who resigned as Celsius’ CEO on September 27, continues to move crypto out of wallets while withdrawals are suspended for customers.
Economists debunk the banking system and win the Nobel Prize
Three economists were awarded the Nobel Prize in economic sciences for their decades of research on societal reactions to financial crises and avoiding bank collapses.
Bitcoin’s Calm Amid Soaring Bond Market Volatility Points to ‘HODLer’-Dominated Crypto Market
Bitcoin’s 90-day realized volatility has dropped to lowest since December 2020, defying long-standing criticism that cryptocurrencies are more volatile than traditional market assets.
Crypto and digital bank MinePlex secures $100M in funding from GEM
The funding will be used in new banking technologies, including a collaboration with Mastercard and Visa for crypto transactions.
Portugal proposes 28% tax on annual crypto trading profits next year
The cryptocurrency tax haven could see taxes levied on profits realized from cryptocurrency trading or capital gains within a year of their acquisition.
Bitcoin risks key support as trader says BTC price bottomed at $17.6K
Investor cost basis narrowly escapes a support/resistance flip as traders diverge over whether Bitcoin has really bottomed.
The Web3 Foundation taps edX for free courses on blockchain and Polkadot
The first two out of the four-course series on blockchain and Polkadot will start on October 20, the enrollment is open now.
‘Comprehensive’ International Crypto Rules Proposed by Influential Finance Watchdog
Financial Stability Board plans could see stablecoins forced to centralize and crypto conglomerates broken up.
Ripple Builds New Partnerships in France and Sweden Despite Crypto Bear Market
Ripple inked deals with Paris-based payment provider for online marketplaces Lemonway and Swedish money transfer provider Xbaht focused on the Thailand remittances corridor.
It’s legislation season in the EU: Law Decoded, Oct. 3–10
In one week, the EU institutions voted in favor of a crypto-friendly resolution and promoted MiCA to the next stage.
Binance, Sequoia still backing Elon Musk’s bid for Twitter
The Twitter deal is back on this month, and Binance confirmed to Cointelegraph that it intends to support the deal as part of its push for Web3 adoption.
Nifty News: Logan Paul’s NFT sees small jump in value after $600k loss, Paramount, Ford and other big brands make notable NFT trademark filings and more
The YouTube star’s huge loss on his NFT has been bumped up by a measly bid after he shared how much it had dropped in value since his purchase last year.
Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner
Zero-knowledge Know Your Customer (KYC) would allow businesses to adhere to strict AML/CTF rules while ensuring customer privacy.
Fake Solana wallet security update is trying to steal your crypto: Reports
Password-stealing malware is being spread by hackers through NFT airdrops purporting to be Solana Phantom security updates.
Coinbase Gets Singapore Digital Payment Token License
Coinbase joins Crypto.com and DBS Vickers as major institutions with a Digital Payment Token (DPT) license from the Monetary Authority of Singapore.
Crypto Lending Platform Moon Mortgage Raises $3.5M Seed Round
The platform will allow investors to use their crypto as collateral for financing real estate investments.
NFTs transform how fans bet on upcoming sports stars
A fan-centric Web3 sports platform uses NFTs to bring a new level of connectivity and ownership to betting on the success of upcoming athletes.
Ethereum-scaling protocol zkSync’s layer-3 prototype set for testing in 2023
Matter Labs chief product officer Steve Newcomb emphasized to Cointelegraph that the launch of its L3 prototype will significantly improve the performance of its L2 solution.