One of the largest telephone operators and mobile network providers in Spain – Telefonica – partnered with the crypto exchange Bit2Me to allow clients to pay for services in digital assets. Cryptocurrency adoption seems to be on a high level in the Iberian country. A few months ago, the leading airline company – Vueling – said travelers will be able to purchase flight tickets in bitcoin and other assets from January 2023. Telefonica Says ‘Yes’ to Crypto The Madrid-based...
Read More »Bitcoin Mining Company Rhodium Looking to Go Public Via SilverSun Merger
The Texas-based bitcoin mining giant is entering a merger agreement with SilverSun Technologies, a publicly-traded business technology solutions provider, as Rhodium is planning to list on Nasdaq after an initial delay. Meanwhile, the fall in the price of BTC and the ongoing crypto winter has caused bitcoin mining companies to struggle to stay afloat. Rhodium Makes Another Shot to go Public In an announcement on Thursday (September 29, 2022), the merger between SilverSun and...
Read More »Despite Bear Market, Billionaire David Rubenstein Remains a Crypto Proponent
The American billionaire and former White House official – David Rubenstein – reiterated his pro-crypto stance, predicting that the industry is “not going away.” His comments come in the midst of a market decline that has affected numerous digital assets. Bitcoin, for one, is currently 70% down compared to its all-time high valuation from November 2021. Crypto Provides Financial Freedom In a recent interview for Bloomberg, the Co-Founder of The Carlyle Group – David...
Read More »Uniswap Labs Looking to Raise $100 Million at $1 Billion Valuation: Report
Uniswap Labs, which developed the Uniswap protocol, is reportedly holding talks with potential investors for a new funding round. The potential new round would value the startup at a unicorn valuation. According to TechCrunch on Friday (September 30, 2022), four anonymous sources revealed that Uniswap Labs is looking to raise between $100 million and $200 million in a new funding round, with a valuation of $1 billion. The startup is reportedly speaking to participants such as...
Read More »Elon Musk and Jack Dorsey’s Private Messages About Decentralizing Twitter
Elon Musk and Jack Dorsey shared direct messages about creating a more decentralized version of Twitter shortly before Dorsey exited its board of directors earlier this year. Those messages have now been publicly shared as part of a legal discovery process in Elon Musk’s battle to refrain from buying the social media platform. Here’s what they had to say. An Open-Source Twitter On March 26th, Dorsey told Musk that a “new platform” would be required that does away with the...
Read More »MicroStrategy Looking to Hire Bitcoin Lightning Software Engineer
Prominent business intelligence and software company MicroStrategy is looking to hire a software engineer to develop a Lightning Network-based SaaS platform. This comes shortly after the firm’s former CEO – Michael Saylor – stepped down. According to its job listing, the company has advertised for a position that seeks an experienced software developer for a new platform that will be developed to offer enterprises “innovative solutions to cyber-security challenges and...
Read More »Lark Davis Dismisses ‘Ridiculous’ Pump and Dump Allegations
On-chain sleuth ZachXBT strikes again. This time, he has leveled some serious allegations against popular crypto influencer Lark Davis. The latter, on the other hand, claims that he didn’t do anything wrong. The pseudonymous detective previously pointed the finger at American YouTuber Logan Paul for promoting several pumps and dump schemes earlier this year. The influencer was accused of milking his followers with NFT projects. Allegations Citing eight instances, ZachXBT...
Read More »Gemini Taps MakerDAO To Boost Adoption of Its GUSD Stablecoin
On September 29, Gemini co-founder Tyler Winklevoss published a proposed “marketing incentive” on the MakerDAO forum to drive the adoption of his stablecoin GUSD through a three-month strategic plan. According to Tyler Winklevoss’ proposal, Gemini will pay monthly fixed annual interest of 1.25% on all the GUSD stored in MakerDAO PSM vaults, as long as the average monthly balance is at least 100 million GUSD by the end of the month. “As we’d like GUSD usage to increase...
Read More »Philippine Central Bank Thinks Stablecoins Could ‘Revolutionize’ the Payment System
Mhel Plabasan – a top executive at Bangko Sentral ng Pilipinas (the central bank of the Philippines), said the institution is highly in favor of stablecoins as they can aid the monetary system and ensure “affordable and faster” cross-border transactions. The organization also plans to launch a pilot version of its CBDC by the end of 2022. On that note, it is worth noting that the central banks of Israel, Norway, and Sweden collaborated with the Bank for International...
Read More »Another Win for Ripple: Judge Orders SEC to Hand Over Hinman Speech Documents
New York judge Analisa Torres has ordered the Securities and Exchange Commission (SEC) to turn over internal documents, including emails and drafts, related to a speech from former commissioner William Hinman in 2018. The order marks a big win for Ripple in its legal battle with the regulator, as the story behind the speech may hold the key to dismantling the SEC’s core legal argument. Judge Overrules SEC According to the letter filed by judge Torres on Thursday, the...
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