Crypto

Twitter shareholders would receive $54.2 per share on their holdings as part of the deal, but Musk has said earlier that he might take the company public again in 3-5 years.

Despite the bad numbers of daily trading, there are some signs of market revival, at least for Bitcoin-based products.

Huge tech stock losses, mostly occurring after the Wall Street close, fail to show up in Bitcoin price weakness.

The Binance CEO said the company wired $500 million to take a share of equity as Elon Musk’s Twitter takeover is finally sealed.

Solidus Labs, which has been monitoring 12 leading blockchains, has detected a majority of scam-like tokens originating from Binance’s BNB Chain.

The firm emphasized that its rather large XRP ownership is decreasing and that it only “operates 4 out of 130+ validator nodes on the XRPL.”

The Trustee has objected to the retention bonus, citing a lack of sufficient information within the motion to warrant such a high payout and a lack of clarity around whether any recipients should be considered insiders.

LooksRare joins the lineup of NFT marketplaces that have abandoned default creator royalties but says its replacement solution is “competitive”.

Some of Twitter’s C-suite has reportedly been flushed out by the company’s new owner with its CEO, CFO, and legal head all sacked on Elon Musk’s first day at the helm.

In a tweet this week, CZ warned that when searching for CoinMarketCap on Google, phishing sites with an “ad” tag were showing up in front of the actual website.

The commissioner warnes that vulnerabilities seen within the crypto markets are similar to those seen during the global financial crisis and calls for the agency to be given additional authority.

The team stated that the next steps were to find the source of the non-determinism, release an update, and restart the state machine, but there have been no updates since.

NFTs could change the way subscription services work by allowing users to sell or rent out their subscriptions when they don’t need them.

TRIP protocol enables ride-sharing companies and drivers to compete for riders, as blockchain enables disruption in existing markets.

The partnership seeks to enable Ethereum ecosystem developers to have access to functions and users on Axelar’s dozens of connected chains.

The company’s trademark owner applied for its name to be used in software “to view, access, store, monitor, manage, trade, send, receive, transmit, and exchange” crypto and NFTs.

The OCC said it will incorporate its six-year-old Office of Innovation into a new agency that will help it deepen its understanding of fintech and promote responsible innovation.

Fidelity Digital Assets’ research paints a not-too-gloomy picture of the digital asset institutional investment scene, although it indicates that some segments are much more active than others.