Xsolla to launch Xsolla ZK, advancing Web3 adoption for video games

Xsolla, a global video game commerce company, announces plans to launch Xsolla ZK and introduce a digital backpack of virtual items on the blockchain. Xsolla ZK is powered by ZKsync technology and wilThe post Xsolla to launch Xsolla ZK, advancing Web3 adoption for video games appeared first on AMBCrypto. дальше »

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Crypto-Backed Cloud-Storage Platform Storj Promotes Colby Winegar to CEO

Winegar previously served as the company's chief revenue office for a number of years. дальше »

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Fetch.ai partners with Alibaba Cloud to strengthen its decentralized AI network

Fetch. ai, a Cambridge-based artificial intelligence company and member of the Artificial Superintelligence Alliance, has integrated Alibaba Group’s cloud computing subsidiary Alibaba Cloud as a cloud provider. дальше »

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Riot stocks poised for a comeback ahead of Oct. 30 earnings release

Bitcoin mining company Riot stocks are predicted to make a comeback after experiencing a 28.96% decline in year-to-date. Its shares are on an upward trend in anticipation of the company’s Q3 2024 earnings report on Oct. 30. According to data… дальше »

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dYdX fires 35% of workforce just two weeks after CEO returns

dYdX has announced the departure of several team members, including members of the core team. dYdX chief executive Antonio Juliano announced layoffs affecting 35% of the core team as part of a restructuring to align the company with its future… дальше »

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Solana price forms rare bullish pattern, closes the gap with Ethereum

Solana price continued its strong recovery this week, soaring to a high of $180, its highest level since July 31st. It has jumped by about 65% from its lowest point in September, giving it a market capitalisation of $84 billion, and a fully diluted value of $106 billion. If Solana was a company, it would […] дальше »

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Foresight Ventures Joins Forces with Deep Blue and Arta TechFin to Improve Stablecoin and RWA Business Initiatives

A new strategic alliance has been formed between three key players in the fintech sector. The partnership brings together Foresight Ventures, a prominent Web3 investment company, with two other entities: Deep Blue, a new stablecoin issuer based in Jersey, and Arta TechFin Corporation Limited, a Hong Kong Stock Exchange-listed company (HKSE: 0279). Deep Blue specializes […] дальше »

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DYdX CEO Juliano Fires 35% of Workforce and Promises Pivot

"The company we’ve built is different from the company dYdX must be," said the CEO. дальше »

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Consensys lays off 20% of its total workforce

Consensys cuts 20% of its workforce due to economic and regulatory challenges. CEO Joe Lubin criticizes the SEC’s actions as a harmful “abuse of power. ” The company aims to enhance decentralization and evolve into a “Network State. дальше »

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Consensys cuts workforce by 20%, cites macroeconomic and regulatory challenges

ConsenSys, the blockchain software firm behind the popular crypto wallet MetaMask, is laying off a significant portion of its workforce, founder and chief executive officer Joseph Lubin announced. The layoffs will impact about 20% of the company’s staff, Lubin said… дальше »

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MetaMask’s parent company Consensys lays off 20% of its workforce amid SEC legal battles

Consensys' layoffs highlight the broader impact of regulatory challenges on innovation and employment in the crypto industry. The post MetaMask’s parent company Consensys lays off 20% of its workforce amid SEC legal battles appeared first on Crypto Briefing. дальше »

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Blockchain Reaction Unveils FiatGate, A Non-Custodial White-Label Web3 Wallet and Exchange Solution

Blockchain Reaction, a company at the forefront of Web3, announced the launch of FiatGate, a user-friendly white-label non-custodial wallet & exchange platform designed to seamlessly bridge the gap between traditional finance and the world of cryptocurrencies. дальше »

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Bitrue gets Virtual Asset Service Provider approval in Lithuania

Bitrue has received VASP approval in Lithuania to offer crypto exchange services. The company aims for EU expansion by pursuing the Markets in Crypto-Assets license. Lithuania plans regulatory changes to reduce the presence of crypto firms in the country. дальше »

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Bitpanda eyeing a potential initial public offering (IPO)

Bitpanda is considering a potential IPO in Frankfurt, backed by Peter Thiel. The company reported €100 million in Q1 2024 revenue, rebounding from previous losses. Discussions are ongoing, with a possible timeline for the IPO set for 2025. дальше »

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Marathon Bitcoin mining heats Finnish city with recycled energy

Marathon Digital Holdings, the world’s largest Bitcoin mining company, has launched an innovative project in which surplus heat from its mining operations will be utilised to heat the homes of residents of the Satakunta region. дальше »

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Bitmain-linked firm Sophgo denies supplying AI chips to Huawei

Chinese chip manufacturer Xiamen Sophgo has denied having any business relationship with Huawei after being cut off by Taiwan Semiconductor Manufacturing Company.  дальше »

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1inch, Bruce Lee family launch ‘seriousLee’ DeFi campaign

1inch has teamed up with the Bruce Lee Family Company for the “Take crypto seriousLee” campaign, merging DeFi and Lee’s legacy to shift public perception of cryptocurrencies. дальше »

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$100 Million Loss: Malaysian Electric Company Hit Hard By Illegal Bitcoin Mining

Bitcoin mining, a complex activity that requires adding data to the blockchain, has been the subject of complaints. While it’s arguably a lucrative trade for some, it impacts the local electricity grid. дальше »

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Circle CEO Says IPO Plans Remain On Track Amidst Possible Troubles For Tether

Circle chief executive officer, Jeremy Allaire has confirmed that the stablecoin issuing company remains committed to launching an initial public offering (IPO). Interestingly, these comments have come amidst a controversial report on Circle’s biggest competitor Tether. дальше »

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Crypto VC funding: Stripe buys startup Bridge for $1.1b, Bluesky bags $15m

Bridge, a stablecoin startup founded not even three years ago, announced a deal this week that would cause most crypto entrepreneurs to salivate. Stripe, the San Francisco-based payment processing company, agreed to buy Bridge for $1.1 billion. The transaction likely… дальше »

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Polymarket CEO says platform is strictly ‘non-partisan’ in response to NYT article

Polymarket CEO Shayne Coplan responded to a recent New York Times article that scrutinized the platform, clarifying key points about its non-partisan stance and transparency. The article described Polymarket as a “crypto website where election odds swing in… favor” of former President Donald Trump, which Coplan felt mischaracterized the company’s purpose and operations. дальше »

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Bitcoin Price Recoils After Bombshell Report DOJ Is Investigating Tether Over Possible Money Laundering Violations

According to a Friday report, the United States Justice Department has launched a criminal investigation into stablecoin issuer Tether. The probe is reportedly meant to determine whether the company violated anti-money laundering rules and sanctions. дальше »

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Bitcoin Permabull Michael Saylor Pitches ‘Next Trillion Dollars’ Opportunity For Microsoft As MicroStrategy’s BTC Bet Pays Off Handsomely

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Tether In The Hot Seat: US Federal Inquiry Into Potential Sanctions And AML Violations

Cryptocurrency company Tether is currently under federal investigation for possible sanctions and anti-money laundering (AML) violations, according to the Wall Street Journal.  The criminal inquiry, led by prosecutors from the Manhattan US Attorney’s Office, is examining whether Tether’s stablecoin USDT has been utilized by third parties to fund illicit activities, including drug trafficking, terrorism, and […] дальше »

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Tether CEO denies reports as US probes and weighs sanctions

Tether CEO Paolo Ardoino denied reports of lawmakers investigating the major cryptocurrency company over potential violations of anti-money-laundering and sanctions laws. The reported investigation, led by Manhattan prosecutors, focuses on whether Tether’s cryptocurrency (USDT) has been used to fund illegal… дальше »

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Tether CEO says company has no plans for IPO for now

Paolo Ardoino, the chief executive officer of Tether, has stated that the crypto company doesn’t have any immediate plans to go public. The Tether (USDT) CEO shared his company’s view on the need for an initial public offering in comments… дальше »

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Illegal Bitcoin mining costs Malaysian electricity company over $100m

Malaysia’s national electricity provider, Tenaga Nasional Berhad, has reported losses exceeding 440 million ringgit (about $101 million) due to electricity theft linked to illegal Bitcoin mining activities. дальше »

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Ripple files cross appeal in ongoing legal battle with SEC

Ripple files cross appeal, also known as Form C, that lists the issues the company plans to raise in the upcoming cross appeal against the U.S Securities and Exchange Commission. Ripple’s Chief Legal Office, Stuart Alderoty, announced on X that… дальше »

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Microsoft asks shareholders to vote against an assessment of investing in Bitcoin in SEC filing

Microsoft suggests shareholders vote against a proposal to conduct an assessment of Bitcoin as an investment asset, due to the company already considering Bitcoin as an investment option. In an Oct. дальше »

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Improbable, the Company Building Yuga Labs’ Otherside, to Launch Somnia Blockchain DevNet Phase

Improbable, the British metaverse technology company creating Yuga Labs’ Otherside platform, has said the Somnia blockchain will enter its DevNet phase in the coming weeks. дальше »

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Ripple Files Civil Appeal Pre-Argument Statement Against SEC: Key Takeaways

On Thursday, October 24, Ripple Labs filed the Civil Appeal Pre-Argument Statement, known as Form C, in its case with the US Securities and Exchange Commission (SEC). This document outlines the critical issues the company intends to present on appeal, each subject to a de novo standard of review, meaning the appellate court will re-examine […] дальше »

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Microsoft Urges Shareholders to Vote Against a Proposal to Assess Bitcoin as a Diversification Investment: Filing

The National Center for Public Policy Research, a conservative think tank, has notified shareholders of Microsoft that it intends to propose a Bitcoin Diversification Assessment at the company’s annual meeting on Dec. 10, a filing shows. дальше »

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Skyfire raises $9.5m to build AI payment network

Skyfire, a payments platform founded by former Ripple developers, raised $9.5 million in a seed funding round led by Coinbase Ventures and a16z’s Crypto Startup Accelerator. The company focuses on building a payment infrastructure designed for AI agents, which are… дальше »

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Crypto exchange Kraken plans to launch its own blockchain network in 2025

Kraken, one of the world’s leading cryptocurrency exchanges, has announced its plans to launch its own blockchain network, dubbed “Ink,” by early 2025. The San Francisco-based company is positioning this new initiative as a solution to make decentralized finance (DeFi) more accessible to both retail and institutional users. The move comes as part of a […] дальше »

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Tether pitches boron tokens on blockchain to Turkey’s officials: report

Tether is seeking to introduce blockchain technology to Turkey’s boron industry by tokenizing the mineral for broader adoption. Stablecoin issuer Tether (USDT) is proposing a plan to digitize Turkey‘s boron market using blockchain technology, as the company seeks to expand… дальше »

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Tesla Faces Lawsuit Over AI-Generated Images at Robotaxi Launch Event

Film production company Alcon Entertainment has filed a lawsuit accusing Tesla and Warner Bros. Discovery of copyright infringement. дальше »

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Crypto Clash: Vitalik Buterin Labels Michael Saylor’s Bitcoin Comments ‘Batshit Insane’

The remarks made by a popular executive from a Bitcoin development company, advocating for large financial institutions to take custody of Bitcoin, disappointed the cryptocurrency community. MicroStrategy CEO Michael Saylor is now at the center of strong criticisms after saying that it would be better for Bitcoin to be in the custody of “too big […] дальше »

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Tesla reveals it didn’t sell any Bitcoin holdings in Q3

According to Tesla's Q3 financial filings, the company's automotive sales declined slightly since Q2 2024, while leases increased slightly. дальше »

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Arkham: Tesla still owns $780m in Bitcoin following wallet movement

Tesla has split the 11,509 Bitcoin across seven wallets Arkham Intelligence said some have speculated that the move was to a crypto custodian Tesla remains the third largest publicly traded Bitcoin company being MicroStrategy and Marathon Digital Holdings Tesla still owns 11,509 Bitcoin despite the wallet movement last week, according to a blockchain analytics company. дальше »

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Elon Musk’s Tesla Still Owns 11,509 Bitcoin Despite Recent Surprise Shuffle, On-Chain Data Shows

Tesla, the electric car company owned by eccentric billionaire Elon Musk, transferred all of its Bitcoin to unknown wallets in a series of transactions last week. This mass movement led to speculations about a potential market dump — spurring anxiety among crypto investors. дальше »

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Tether  pushing dollar supremacy in emerging markets: Ardoino

Tether’s boss reiterated the stablecoin issuer’s interest in providing U.S. dollars to the unbanked billions worldwide and expressed expectations for favorable regulations. Tether (USDT) CEO Paolo Ardoino told DC Fintech Week attendees that the company sees U.S. crypto regulation improving… дальше »

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Anthropic beta lets Claude AI operate users' computer mouse, keyboard

The company says the feature is “still experimental—at times cumbersome and error-prone” but hopes developer feedback will accelerate its development. дальше »

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D3 launches .APE domain names for ApeCoin users

D3 Global, a web3 domain name company, has launched top-level domain names for the ApeCoin community. An announcement the firm published on Oct. 22 noted that the ApeCoin (APE) ecosystem can now use the .APE top-level domain names on the… дальше »

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Phishing ad linked to misspelled Soneium uncovered on Google

Scam Sniffer uncovered the ad on Google, directing users to a phishing website The blockchain security company searched for the word ‘someium’ Soneium, a L2 blockchain, went live in August with the aim of boosting Web3 adoption A sponsored Google advert allegedly connected to Sony’s new blockchain project, Soneium, is a crypto wallet drainer. дальше »

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Transak hit with data breach affecting 1.14% of its user base

Transak, a company providing fiat-to-crypto services, has reported a significant data breach affecting more than 92,000 users. In an Oct. 21 update, the firm revealed that the breach stemmed from a phishing attack targeting an employee’s laptop, leading to unauthorized access to sensitive user information. дальше »

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Stripe Boosts Crypto Game With $1.1 Billion Bridge Buyout

Stripe made a groundbreaking move as the online payment processing platform tries to position itself as a key player in the cryptocurrency space. The fintech company has reportedly bought the stablecoin platform Bridge in a landmark acquisition deal, a transaction that sent ripples across the cryptocurrency arena. дальше »

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Bitcoin miner Revolve Labs proposes $60m data center in Minnesota

Colorado-based Bitcoin mining company Revolve Labs has announced plans to build a $60 million data center in Glencoe, Minnesota, as part of its effort to expand its mining capacity.  The proposed facility would include one or two AI data centers,… дальше »

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Tether-backed Northern Data explores sale of crypto mining arm to boost AI growth

Northern Data AG is exploring the sale of its Peak Mining unit to refocus on artificial intelligence solutions. Northern Data, a German-listed crypto and artificial intelligence infrastructure company backed by stablecoin issuer Tether, announced on Monday that it is exploring… дальше »

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Blockchain.com executives face court for submitting company records late

Nicolas Cary and Al Turnball received a summons from Companies House in May Blockchain. com blamed the late filing on a restructuring of the company and a “significant reduction in the wider group’s workforce” The company filed business accounts for the year ending 2020 in October London-based Blockchain. дальше »

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Blockchain.com execs face court over delayed financial disclosures: report

Blockchain.com executives face prosecution, with court proceedings underway as Companies House intensifies its enforcement measures. British crypto provider Blockchain.com is facing legal action after two senior executives were charged over the company’s failure to file accounts on time, The Telegraph… дальше »

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