Binance, Sequoia still backing Elon Musk’s bid for Twitter
The Twitter deal is back on this month, and Binance confirmed to Cointelegraph that it intends to support the deal as part of its push for Web3 adoption. Binance and…
Nifty News: IHOP bamboozles crypto users with ‘NFT,’ Logan Paul’s NFT falls to $10 and more
The YouTube star’s huge loss on his NFT has been bumped up by a measly bid after he shared how much it had dropped in value since his purchase last…
Zero-knowledge KYC could solve the privacy vs compliance conundrum — VC partner
Zero-knowledge Know Your Customer (KYC) would allow businesses to adhere to strict AML/CTF rules while ensuring customer privacy. As the Web3 industry matures, zero-knowledge Know Your Customer (zkKYC) is becoming…
DeFi Coin Price Prediction: DEFC Price Might Possibly Retest $0.200 Supply Level Soon
DeFi Coin Price Prediction – October 11The Defi Coin price is very likely to face the positive side soon after completing the dip lows. Therefore, the coin price breakup from…
Coinbase Receives DPT License to Operate in Singapore
Coinbase has received preliminary approval from Singapore’s monetary authority. Coinbase will now be able to offer “regulated digital payment token products and services in the island state.” Singapore’s central bank,…
Maker Price Prediction: MKR/USD Trade Rises in Price
Maker (MKR) Price Prediction – October 10As the value of the crypto trade rises in price valuation over time, there have been changes in the MKR/USD market operations. About six…
Fake Solana wallet security update is trying to steal your crypto: Reports
Password-stealing malware is being spread by hackers through NFT airdrops purporting to be Solana Phantom security updates. For the last two weeks, unknown hackers have been airdropping nonfungible tokens (NFTs)…
NFTs transform how fans bet on upcoming sports stars
A fan-centric Web3 sports platform uses NFTs to bring a new level of connectivity and ownership to betting on the success of upcoming athletes. Nonfungible tokens (NFTs) and the sports…
Ethereum-scaling protocol zkSync’s layer-3 prototype set for testing in 2023
Matter Labs chief product officer Steve Newcomb emphasized to Cointelegraph that the launch of its L3 prototype will significantly improve the performance of its L2 solution. A new layer-3 (L3)…
Metaverse platforms refute ‘misinformation’ about daily active users
User data from DappRadar consists of metaverse users who have also made an in-game purchase with the project’s native token, but the Decentraland and Sandbox projects disagree with that criteria.…
Crypto and Payments Company MobileCoin Introduces Stablecoin Called ‘Electronic Dollars’ (eUSD)
MobileCoin, a cryptocurrency and payments firm focused on privacy, has launched a stablecoin called “Electronic Dollars” in collaboration with stablecoin platform Reserve (eUSD). According to the company, eUSD is fully…
Billionaire Paul Tudor Jones Expects Bitcoin Price to Be ‘Much Higher’ Than Today
Billionaire hedge fund manager Paul Tudor Jones says cryptocurrencies, specifically bitcoin and ethereum, will be “at a value much higher than where we are today.” Confirming that he still owns…
Former Fed Chair Ben Bernanke Wins Nobel Prize in Economics ‘for Research on Banks and Financial Crises’
Former Federal Reserve Chairman Ben Bernanke has been awarded a Nobel Prize in Economics. The Nobel Prize committee believes that he “significantly improved our understanding of the role of banks…
JPMorgan CEO Jamie Dimon Warns Recession Could Hit in 6 Months, Stock Market Could Drop 20% More — ‘This Is Serious Stuff’
The CEO of global investment bank JPMorgan, Jamie Dimon, has warned that the U.S. economy could tip into recession in six to nine months. “This is serious stuff,” the executive…
Bank of England to Double Long-Dated Gilt Buy-Backs, QE Policy to See an ‘Orderly End’ in Mid-October
After the British pound sterling tapped an all-time low against the U.S. dollar on September 26, the Bank of England (BOE) said it would halt its monetary tightening policy and…