Major crypto exchange FTX, which has positioned itself as the industry’s savior, is reportedly looking to raise fresh capital at its January USD 32bn valuation. CEO Sam Bankman-Fried is in talks to raise fresh funding after the exchange carried out a buying spree during the latest crypto market downturn, Bloomberg reported, citing undisclosed people familiar…
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The electric car maker Tesla sold off 75% of its bitcoin (BTC) holding for “a realized gain” in the second quarter, prompting speculations on how this investment went for the company. The sale is believed to have been made at a price of around USD 29,000, higher than the lows seen during the quarter…. Read…
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On Thursday, the European Central Bank (ECB) raised interest rates in the eurozone for the first time in 11 years, as high and rising inflation becomes central bankers’ primary concern. The 50 basis points rate hike is higher than analysts had expected, and marks a departure from the zero-interest rate environment the EU has been…
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FTX CEO Sam Bankman-Fried and Solana co-founder Anatoly Yakovenko shared valuable insights for early-stage Web3 founders during a virtual summit. The blockchain ecosystem is constantly evolving, yet there always seems to be one overarching sector dominating at a given time. For example, decentralized finance (DeFi) projects received an impressive amount of venture capital funding in…
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COIN stock can rally to $160 by the end of the year, a mix of technical and fundamental indicators suggest. Coinbase stock (COIN) price has nearly doubled since its June lows with a potential for much more upside this year, according to a mix of technical and fundamental indicators. COIN’s symmetrical triangle reversal COIN has…
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What are smart contract audits, how do they work, and how do they benefit the crypto projects who get their code scrutinized? Let’s find out. Do smart contract audits improve crypto’s image? Blockchain technology is becoming a bigger part of all our lives — and auditors like Hacken are ensuring that crypto projects put their…
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OMA3 will focus on proposing standards and facilitating collaboration between various stakeholders of Web3 and other industries. Blockchain-based metaverse and Web3 platforms have decided to form an Open Metaverse Alliance for Web3 (OMA3) to overcome the interoperability challenges of the industry. Four core principles of the Alliance are said to be transparency, inclusiveness, decentralization and…
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Cristóbal Balenciaga’s never-before-seen drawings inspire the new NFT collection through a collaboration between Cointelegraph, Art Consulting, Artvein, Animal Concerts, Defy Trends and Crypto.com NFT. Lorenzo Riva, the artist director of the luxury fashion brand Balenciaga during the 1980s, launched a much anticipated Cristóbal Balenciaga: To the Moon nonfungible token (NFT) collection on July 21 in collaboration with…
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PRESS RELEASE. Franck Muller, the world-famous Swiss luxury watchmaker, has announced the release of a series of digital wearables and physical watches on the Binance NFT marketplace. The series will commence with the release of ‘Mystery by Franck Muller’ generative NFTs on July 27, 2022. This marks a continuation of Franck Muller’s pioneering journey in…
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Armed robbers have plundered a large crypto mining facility not far from the Russian capital, local media reported. The unidentified perpetrators stole dozens of video cards in the latest incident involving theft of coin minting hardware, which has been on the rise in Russia. Unknown Attackers Steal Mining Equipment From Crypto Farm in Russia A…
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