Moldova Bans Cryptocurrency Mining Amid Energy Crisis Caused by War in Ukraine

The government of Moldova has decided to suspend crypto mining activities in the country as it’s facing a major energy crisis. The move is part of emergency measures to reduce power consumption with energy supplies dwindling due to the escalating conflict in neighboring Ukraine. Authorities in Moldova Prohibit Bitcoin Minting and Mining Hardware Imports to …

Google Launches Blockchain Node Engine, Says ‘Ethereum Will Be the First Blockchain Supported’

After revealing Alphabet Inc.’s Google Cloud partnership with Coinbase, the multinational technology conglomerate holding company has announced the firm’s “Google Cloud Blockchain Node Engine.” While more blockchains will be supported, Google said that “Ethereum will be the first blockchain supported by Blockchain Node Engine.” Google Launches Cloud-Based Blockchain Node Engine Alphabet Inc., otherwise known as …

Crypto Firm Freeway Updates Community, Says Trading Strategy ‘Failed’ and ‘Caused a Substantial Loss’

Four days ago, the crypto rewards platform Freeway.io, formally called Aubit, halted withdrawals on October 23 after citing it was protecting the firm’s portfolio from “market fluctuations and volatility.” Two days later, the team updated the community and explained on Tuesday that “one of Freeway’s trading strategies appears to have failed and caused a substantial …

Utrust and Lugano Are Bringing Crypto Payments to an Entire City

press release PRESS RELEASE. October 27th, Lugano Switzerland — The city of Lugano is the largest city in the canton of Ticino, Switzerland. They are also the economic capital of Southern Switzerland, strategically located between the metropolitan areas of Milan and Zurich. Part of Lugano’s appeal as a vibrant financial center is its commitment to …

Analyst Who Nailed 2022 Crypto Price Action Predicts Bitcoin’s Path Ahead

A crypto analyst known for calling the 2022 crypto market crash months in advance now foresees a Bitcoin (BTC) flash crash and ongoing altcoin pump. The pseudonymous crypto trader known as Capo shows their 565,900 Twitter followers the new plan for king crypto BTC. “BTC plan” Source: CryptoCapo_/Twitter Going into deeper detail with the BTC plan chart, …

Company Behind Tech Giant Google Says Crypto Bear Market Hurt Q3 Earnings – Here’s Why

The earnings of Google parent Alphabet Inc. are slowing down in part due to problems associated with the crypto bear market. According to the search engine giant’s parent company, a decline in the purchase of online ads from businesses in the financial sector, including crypto companies, lowered earnings in the third quarter. Philipp Schindler, Google’s …

Twitter Brings Tweet Tiles Pilot to NFT Marketplaces

October 27, 2022 – Chennai, India Twitter is expanding its trial of Tweet Tiles, previously tested with New York Times, Wall Street Journal and The Guardian, to the world of NFTs. A selection of NFT marketplaces has been selected for the experiment, which enables Tweets to feature an interactive customizable widget. Rarible, Magic Eden, Dapper …

Ethereum Scaling Altcoin Explodes 78% in Just One Week As Bitcoin and Crypto Bulls Return

An Ethereum (ETH) scaling altcoin is surging in price while crypto markets continue to trade sideways on the day. Optimism (OP), the layer-2 (L2) scaling solution for Ethereum, exploded in price by 78% in the past week, reflecting a general upward trend in crypto over the last seven days. The OP native token soared from …

Fidelity report shows resilience to crypto winter, huge adoption gap among investors

Fidelity Digital Assets released its annual study on institutional investment in digital assets on Oct. 27. Digital asset fundamentals remain strong despite headwinds, the study concludes, but adoption remains highly uneven among different types of investors.  In its survey of 1,052 institutional investors in Asia, Europe and the United States, Fidelity found digital asset adoption …

Team Finance exploited for $14.5M during protocol migration despite contract audit

On Oct. 27, decentralized finance (DeFi) lockup protocol Team Finance said that over $14.5 million worth of tokens were exploited through the Uniswap v2 to v3 migration function on its platform. As told by blockchain security firm PeckShield, the hacker transferred liquidity from Uniswap v2 assets on Team Finance to an attacker-controlled v3 pair with skewed …

Celo ecosystem projects raise $77.3M in support of interoperability, ReFi

Projects building on the Celo blockchain have collectively raised $77.3 million in support of various business initiatives, underscoring the growing adoption of the payments-focused developer network.  Celo announced on Oct. 27 that projects impactMarket, Loam, Tatum, Circular Impact, Sanergy, Hyperlane, RedStone and Jia secured the funding to further the adoption of Web3 business models. The …

Telegram launches marketplace to auction rare username handles

The popular messaging app Telegram announced on Oct. 26 the official launch of its new marketplace built on the Telegram Open Network (TON) blockchain. The marketplace will serve as an auction platform on which rare Telegram handles will be up for grabs. The idea was first mentioned back in August on app founder Pavel Durov’s Telegram …

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