Vietnam’s prime minister calls for crypto regulation: Report

Pham Minh Chinh, the prime minister of Vietnam, has reportedly said the country’s government should study crypto regulation in part based on residents continuing to trade digital assets despite their lack of legal recognition. According to an Oct. 24 report from online news outlet VnExpress, Chinh hinted a bill on anti-money laundering, or AML, should …

A16z Remains Bullish On Crypto Despite Flagship Fund Taking 40% Loss

The flagship crypto fund of a16z recorded a loss of 40% in the first half of 2022. Fund Manager Chris Dixon remains undeterred by the market downturn.  The VC firm has poured millions into multiple funding rounds in the crypto industry this month despite the crypto winter.  Dixon had stated earlier that the crypto bear …

Vitalik Buterin Reveals Four Key Goals for Ethereum (ETH) in 2023

Ethereum (ETH) developers hope to accomplish four key goals next year, according to the project’s co-creator, Vitalik Buterin. Buterin says in a new interview with Bankless that solving scalability is their “number one” priority. “The fees have been low for the past six months, so it’s a bit easier to kind of backburner the problem, …

Web 3.0 Soccer Game MonkeyLeague Kicks Off NFT Breeding Season

October 26, 2022 – Tel Aviv, Israel MonkeyLeague is excited to kick off its first-ever breeding season on October 26, 2022. The news follows last month’s momentous partnership between MonkeyLeague and reigning Italian Serie A champions, AC Milan. After the announcement, the MonkeyPlayer NFT floor price jumped significantly. MonkeyLeague’s breeding is a feature that allows …

Gate.io Signs MoU Agreement With the City of Busan To Jointly Boost Blockchain Infrastructure

October 26, 2022 – Majuro, Marshall Islands Gate.io, one of the world’s largest and oldest cryptocurrency exchanges, announced the signing of the MoU (Memorandum of Understanding) with the South Korean city of Busan. The agreement entails the cooperation between Gate.io and the Busan Metropolitan City government to develop blockchain infrastructure jointly in Busan. Following the …

Report: Vast majority of blockchain energy studies ‘lack scientific rigor’

According to a new preprint conducted by researchers at the Open Universiteit, University of California Berkley, and Radboud University, the vast majority of literature on blockchain energy use from both academic and everyday sources “lacks the scientific rigor expected from a mature scientific field.” The report analyzed 128 scientific and open-source studies related to carbon …

Bitcoin price reaches $21K as crypto market cap nears $1T

Bitcoin (BTC) returned to $21,000 for the first time since September after the Oct. 26 Wall Street open as buyers solidified gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC bulls “eat” ask liquidity Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit local highs of $21,012 on Bitstamp. At the time …

Venture capital recedes from crypto in Q3, but not all is bleak: Report

In 2022, it’s no surprise that most assets are in a bear market. People have a variety of signals they look for when determining a good time to enter the market, and Cointelegraph Research’s Venture Capital Report for Q2 revealed that VC inflows stagnated at just above $14 billion last quarter, the same as Q1. …

Andreessen Horowitz loses billions of dollars but remains faithful to crypto

Andreessen Horowitz (a16z), a hedge fund managing roughly $28 billion, has become one of the major victims of the crypto market crisis that broke out in the spring. Despite the downturn, the company said it remains faithful to “the crypto-centric vision of the internet called Web3.”  In comments to Wall Street Journal in an article …

Dogecoin Soars Past 12% As Elon Musk Twitter Saga Nears Completion 

Dogecoin is up 12% as Musk’s Twitter acquisition inches closer to its end.  The Musk-Twitter deal may soon be finalized by the end of this week.  As per the data from Coinmarketcap, Dogecoin is currently up 12% in the last 24 hours and is trading at $0.06845.  Per a recent Bloomberg report, Musk’s Twitter acquisition …

BREAKING: BitMex Trading Engine Experiences Downtime, Bitcoin Below $21,000

Summary: Crypto exchange BitMex alerted users to an unscheduled trading engine downtime on Wednesday. The platform said trading facilities were suspended due to technical issues and assured users that all funds and assets are safe. Today’s downtime comes amid a rally in crypto prices and massive short liquidation events across Bitcoin, Ether, and other virtual …

FTX records largest short liquidation event in its history

Cryptocurrency exchange FTX hit a new record of over $936.24 million in short liquidations.  Today was the single largest liquidation event on FTX in its history and the runner up isn’t even close. ~$600m Someone get carried out on a stretcher?Seems excessive given the move. But then again there’s like 12 people who understand how …

Op-Ed: Is Ethereum now under U.S. control? 99% of latest relay blocks are censoring the network

Following OFAC sanctions on Ethereum addresses related to Tornado Cash and other global entities, many were concerned with the precedent set by the bans. Vitalik Buterin, the founder of Ethereum, called for validators to be slashed if censorship were to occur at the protocol layer. However, over the past month, there has been an increase …

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