Grayscale Investments’ Diversified Cryptocurrency Fund Now an SEC Reporting Company

Grayscale Investments now has three SEC reporting funds, with the newest addition being the Digital Large Cap Fund. The company has also filed to make three other funds SEC reporting companies. Grayscale Investments, the world’s largest crypto asset manager, made two announcements Monday. The first was that the registration statement on Form 10 filed with …

ChainSwap saga: Platform hit again; MATTER, ROOM, others tank; compensation plan announced

On Saturday, a hacker attacked the cross-chain decentralized finance (DeFi) platform ChainSwap (ASAP), exploiting a critical vulnerability in its smart contract. Roughly nine days after its latest exploit, which resulted in losses of around $800,000, the project got drained for a significantly larger sum as more than 10 tokens have been impacted. ChainSwap hacker  Many …

Diamond auctioned for $12 million worth of crypto at Sotheby’s

‘eBay of NFTs’ ropes in heavyweight champion Tyson Fury for new drop A marketplace for non-fungible tokens (NFTs) launched by Travala dot com Co-founder Matt Luczynski will debut heavyweight boxing champ Tyson Fury’s NFT collection as it bids to become the go-to-market to buy, sell, trade, and bid on NFTs, and deliver a knockout blow …

Payments Provider Clear Junction Stops Processing Payments for Binance

On Monday, the global payments solutions provider Clear Junction announced it ceased processing transactions for Binance. The move by Clear Junction was brought on by the Financial Conduct Authority’s (FCA) recent warning, according to a blog post written about the decision. Clear Junction Ceases Processing Payments for Binance Citing the Recent FCA Warning The Financial …

Panther Protocol and StackOS Partner to Bring Privacy to DeFi and NFTs

press release PRESS RELEASE. Panther Protocol has joined forces with StackOS, a decentralized cloud protocol, to deliver privacy and data protection tools. As a meta-protocol focused on end-to-end privacy for any digital asset, Panther is of great interest to virtually all DeFi users looking to benefit from personal financial data protection and confidential cryptocurrency transactions. …

Incoming Squeeze? Bitcoin Shorts on Bitfinex Spike, BTC Long Positions Tap Fresh New Highs

The entire market capitalization of all 10,800 cryptocurrencies in existence is down 2.8% on Monday as bitcoin has lost over 2.4% during the last 24 hours. Meanwhile, bitcoin shorts are rising again after bitcoin shorts tapped a two-year high on the derivatives exchange Bitfinex on June 25. Bitcoin Shorts Climb Higher Bitcoin (BTC) and digital …

Social NFT Project Nifty’s Raises $10M, Partners With Entertainment Giant Warner Bros

The Miami-based Nifty’s, Inc. announced the launch of the project’s website which aims to reveal a non-fungible token (NFT) social platform focused on gathering mainstream attention. The company has also revealed it raised $10 million in a seed round from well-known investors like A&T Capital, Polychain Capital, Ethereal Ventures, Liberty City Ventures, Dapper Labs, Topps, …

Gaming giant Razer is considering a crypto move. And it’s “not just NANO”

The founder of Razer Inc., Min-Liang Tan, tweeted that his firm is considering using crypto as a payment method. What’s more, Min-Liang said this could cover several cryptocurrencies, not just Nano. Accepting crypto as a payment method (not just Nano) is something we’re considering. — Min-Liang Tan (@minliangtan) July 11, 2021 Razer is already in …

Baby Doge Sheds Over 40% This Week Despite NASCAR Debut and Animal Shelter Donation

The popular meme token baby doge has slid quite a bit in value even after the token’s image was plastered all over Brandonbilt Motorsports’ No. 68 Chevrolet Camaro at the NASCAR Xfinity Series in Atlanta this past weekend. On Monday, baby doge statistics show the coin has dropped 42% in value over the last seven …

California Man Arrested for Using Government’s Covid-19 PPP Loan to Buy Cryptocurrency and Tesla

The U.S. has arrested a man on criminal charges after he allegedly defrauded the government’s Covid-19 loan programs and used the money to buy cryptocurrency and Tesla. Using PPP Loan to Buy Cryptocurrency and Tesla The U.S. Department of Justice (DOJ) announced Friday that Lebnitz Tran was arrested Thursday “on criminal charges related to his …

Blockchain ‘Immutability’ Dispute Sparked by Ethereum Request for Reorg Contract

Just recently, a software developer and “Solidity nerd” called Bunny Girl has sparked heated conversations within the cryptocurrency community over a smart contract that reveals a process called a “Request For Reorg contract (RFR).” On Twitter, Bunny Girl explained that the contract “creates a mechanism that allows users to pay miners to reorg the Ethereum …

Logan Paul called out for promoting alleged crypto scam Dink Doink

Popular YouTuber Logan Paul catches heat for promoting a dubious crypto sh*tcoin known as Dink Doink. Earlier this month, several influencers, including members of FaZe Clan and Ricegum, were accused of hyping a pump and dump token called Save The Children. Paul’s efforts have triggered a further discussion on the role played by social media …

Shiba Inu frenzy: ShibaSwap TVL surges to record $1.56 billion in two days

Banking on the Floki frenzy for attracting liquidity providers, Shiba Inu (SHIB) developer’s trading protocol recorded a massive inflow of funds, but its safety concerns raised red flags. Crypto’s most notorious influencer Elon Musk tweeted on the 25th of June his new Shiba Inu will be named Floki, which resulted in a frantic launch of …

Nigeria’s June P2P Bitcoin Trade Volumes Surged Again Despite Central Bank’s Crypto Restrictions

Nigeria’s peer-to-peer bitcoin trade volumes went up to just under $38 million in June 2021, the latest data shows. This surge becomes only the second time Nigerian P2P traded volumes have breached the $35 million mark in 2021. March 2021 is the only other period when P2P bitcoin traded volumes nearly surpassed the $38 million …

Los Angeles Dodgers to Auction 2020 World Series Ring NFT via Candy Digital

After Major League Baseball (MLB) revealed a partnership with Candy Digital, the Los Angeles Dodgers announced it is auctioning a non-fungible token (NFT) World Series championship ring, a physical version, and a VIP first pitch experience. The NFT collection will start with an online auction on Monday, July 12, and net proceeds will go to …

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