New Kraken CEO Ripley seeks growth, not a clash of crypto titans
Although incoming Kraken CEO Dave Ripley acknowledges he has "big shoes to fill," he laid out an ambitious strategy on how the company plans to navigate global regulations, the challenges it faces, and how it plans to target retail investors. Kraken has grown into a global digital currency exchange responsible for $16.25 billion.
Although incoming Kraken CEO Dave Ripley acknowledges he has "big shoes to fill," he laid out an ambitious strategy on how the company plans to navigate global regulations, the challenges it faces, and how it plans to target retail investors. Kraken has grown into a global digital currency exchange responsible for $16.25 billion.
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Ethereum developers, Cardano founder Charles Hoskinson get into a Twitter feud
Cardano (ADA) founder Charles Hoskinson got into a war of words with Ethereum (ETH) developers as he criticized them for ignoring Ouroboros. Ouroboros is a secure proof-of-stake protocol and the first blockchain protocol based on peer-reviewed research running on Cardano’s blockchain.
According to him, Ethereum developers have ignored Ouroboros for the last five years, and the Ethereum core community is hating on Cardano. He described the Ethereum developers as viewing the Cardano community as a “cult beholden to an evil, sociopathic, but incompetent pathological lying founder who somehow has stumbled upon stolen success, but will be in jail any moment now when the world wakes up.”
Source
Cardano (ADA) founder Charles Hoskinson got into a war of words with Ethereum (ETH) developers as he criticized them for ignoring Ouroboros. Ouroboros is a secure proof-of-stake protocol and the first blockchain protocol based on peer-reviewed research running on Cardano’s blockchain.
According to him, Ethereum developers have ignored Ouroboros for the last five years, and the Ethereum core community is hating on Cardano. He described the Ethereum developers as viewing the Cardano community as a “cult beholden to an evil, sociopathic, but incompetent pathological lying founder who somehow has stumbled upon stolen success, but will be in jail any moment now when the world wakes up.”
Source
⚡️ Circle (USDC) expands its $USDC to 5 new chains along with the launch of Cross-Chain Transfer Protocol.
Circle, the issuer of the second largest stablecoin, has expanded the support of the $USDC to five new blockchains including Arbitrum, Cosmos, NEAR, Optimism, and Polkadot. Furthermore, Circle will launch Cross-Chain Transfer Protocol to enhance USDC transactions between different blockchains.
Circle, the issuer of the second largest stablecoin, has expanded the support of the $USDC to five new blockchains including Arbitrum, Cosmos, NEAR, Optimism, and Polkadot. Furthermore, Circle will launch Cross-Chain Transfer Protocol to enhance USDC transactions between different blockchains.
25% of Ethereum Blocks Comply With US Sanctions and Can Censor Transactions
A number of MEV-Boost relays are regulated under OFAC and can censor transactions. Over 25% of Ethereum blocks are now compliant with OFAC regulations. One website, MEV Watch, shows that some MEV-Boost relays are regulated under OFAC and can censor certain transactions.
A number of MEV-Boost relays are regulated under OFAC and can censor transactions. Over 25% of Ethereum blocks are now compliant with OFAC regulations. One website, MEV Watch, shows that some MEV-Boost relays are regulated under OFAC and can censor certain transactions.
KyberSwap CEO predicts DeFi will overtake TradFi in 10 years
KyberSwap CEO Victor Tran predicted onstage that decentralized finance (DeFi) will overtake TradFi in 10 years. On top of that, KyberSwap will also be the most used decentralized exchange (DEX) because of its innate ability to provide the best rates in all of DeFi. Speaking on the panel “Decentralized Exchanges: The Road Ahead” along with co-founders from 1inch Network and Mantra, Tran declared that consumers in the future will value privacy and control, especially considering developments around the world today.
KyberSwap CEO Victor Tran predicted onstage that decentralized finance (DeFi) will overtake TradFi in 10 years. On top of that, KyberSwap will also be the most used decentralized exchange (DEX) because of its innate ability to provide the best rates in all of DeFi. Speaking on the panel “Decentralized Exchanges: The Road Ahead” along with co-founders from 1inch Network and Mantra, Tran declared that consumers in the future will value privacy and control, especially considering developments around the world today.
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Binance signs agreement with Kazakhstan and plans regional hub
exchange Binance signed an agreement with Kazakhstan’s Financial Monitoring Agency to formalize their shared interest in developing the digital asset market in the country. The ‘memorandum of agreement’ expresses mutual support in developing cryptoasset and data circulation as well as targeting illicit trade.
💰 1inch Partners With Unstoppable Domains to Compete With ENS
The 1inch decentralized exchange aggregator protocol has entered into a new partnership that could see it offering services to rival the Ethereum Name Service (ENS). On Oct. 4, the 1inch network announced a partnership with nonfungible token (NFT) domain name provider and digital identity platform Unstoppable Domains. The new collaboration signals a move into the decentralized domain space, which is currently dominated by the Ethereum Name Service (ENS). According to the announcement, the partnership will allow 1inch Wallet users to perform transactions in a more user-friendly way by replacing complex addresses with domain names. This is precisely what ENS offers – replacing Ethereum addresses with web-friendly domain names.
The 1inch decentralized exchange aggregator protocol has entered into a new partnership that could see it offering services to rival the Ethereum Name Service (ENS). On Oct. 4, the 1inch network announced a partnership with nonfungible token (NFT) domain name provider and digital identity platform Unstoppable Domains. The new collaboration signals a move into the decentralized domain space, which is currently dominated by the Ethereum Name Service (ENS). According to the announcement, the partnership will allow 1inch Wallet users to perform transactions in a more user-friendly way by replacing complex addresses with domain names. This is precisely what ENS offers – replacing Ethereum addresses with web-friendly domain names.
Europe Bans All Crypto Wallet Services to Russia in New Sanctions Package
The European Union has placed a blanket ban on all crypto services to Russian entities as part of its eighth round of sanctions against the country. The existing prohibitions on crypto assets have been tightened by banning all crypto-asset wallets, accounts, or custody services.
The original limit, established in April, allowed such services to continue servicing Russian wallets holding €10,000 or less. The increased measures are intended as punishment for “Russia’s continued escalation and illegal war against Ukraine,” including its mobilization of additional troops and open issuance of nuclear threats. The package will also widen the number of services that can no longer be provided to Russians.
Source
The European Union has placed a blanket ban on all crypto services to Russian entities as part of its eighth round of sanctions against the country. The existing prohibitions on crypto assets have been tightened by banning all crypto-asset wallets, accounts, or custody services.
The original limit, established in April, allowed such services to continue servicing Russian wallets holding €10,000 or less. The increased measures are intended as punishment for “Russia’s continued escalation and illegal war against Ukraine,” including its mobilization of additional troops and open issuance of nuclear threats. The package will also widen the number of services that can no longer be provided to Russians.
Source
Sci-Fi Magazine Heavy Metal's Metalverse Has Room for Both Movies and NFTs
Instead of doing any one thing to bring themselves back into the sci-fi cultural limelight, the heads behind the storied counterculture comic magazine Heavy Metal are taking a shotgun approach to regaining their legacy, including movies, a revamped launch schedule and—because why the hell not—NFTs. During a Thursday New York Comic-Con panel. Tommy Coriale, Heavy Metal’s head of studio, expanded more on what this actually means for the legacy magazine creators. He told the rather thin audience of die-hard Heavy Metal fans (though considering the new Super Mario Bros. movie was premiering in the next room, it was practically a crowd) that they were also taking on “a number of animated projects,” but did not detail what those were.
Instead of doing any one thing to bring themselves back into the sci-fi cultural limelight, the heads behind the storied counterculture comic magazine Heavy Metal are taking a shotgun approach to regaining their legacy, including movies, a revamped launch schedule and—because why the hell not—NFTs. During a Thursday New York Comic-Con panel. Tommy Coriale, Heavy Metal’s head of studio, expanded more on what this actually means for the legacy magazine creators. He told the rather thin audience of die-hard Heavy Metal fans (though considering the new Super Mario Bros. movie was premiering in the next room, it was practically a crowd) that they were also taking on “a number of animated projects,” but did not detail what those were.
Payment of 141,000 BTC to former Mt. Gox customers set for January 2023
The distribution of funds to former users of the defunct crypto exchange Mt. Gox is set to begin in 2023 after the appointed debtor shared the final modalities for the repayment. Indeed, the customers are set to receive about $1.7 billion in cash, 141,000 Bitcoins (BTC), and another 142,000 Bitcoin Cash (BCH) from January next year, targeting about 10,000 customers globally.
The distribution of funds to former users of the defunct crypto exchange Mt. Gox is set to begin in 2023 after the appointed debtor shared the final modalities for the repayment. Indeed, the customers are set to receive about $1.7 billion in cash, 141,000 Bitcoins (BTC), and another 142,000 Bitcoin Cash (BCH) from January next year, targeting about 10,000 customers globally.
Russian Businesses are Circumventing Sanctions by Using Cryptocurrencies
Russian businesses operating within the Russian Federation have begun to use cryptocurrencies to circumvent sanctions in cross-border transactions, according to the Ministry of Finance. This was stated in an interview by the director of the financial policy department of the Ministry of Finance, Ivan Chebeskov. Russian businesses are already getting around sanctions with the help of cryptocurrencies. This is despite the fact regulation of the crypto scene in the Russian Federation has not yet been properly configured. Chebeskov did not specify which companies are in question. However, it was reported that the volume of transactions has increased several times. This is against the background of a tightening sanction regime.
Russian businesses operating within the Russian Federation have begun to use cryptocurrencies to circumvent sanctions in cross-border transactions, according to the Ministry of Finance. This was stated in an interview by the director of the financial policy department of the Ministry of Finance, Ivan Chebeskov. Russian businesses are already getting around sanctions with the help of cryptocurrencies. This is despite the fact regulation of the crypto scene in the Russian Federation has not yet been properly configured. Chebeskov did not specify which companies are in question. However, it was reported that the volume of transactions has increased several times. This is against the background of a tightening sanction regime.
📊 HOW HAS THE MARKET REACTED ON EVERY SINGLE CPI DAY SO FAR THIS YEAR $SPX $SPY
🟢 JAN +0.28%
🔴 FEB -1.81%
🔴 MAR -0.43%
🔴 APR -0.34%
🔴 MAY -1.65%
🔴 JUN -2.91%
🔴 JULY -0.45%
🟢 AUG +2.13%
🔴 SEPT -4.32%
🟢 OCT +2.6%
AVERAGE CPI DAY MOVE -0.69% 🔴
🟢 JAN +0.28%
🔴 FEB -1.81%
🔴 MAR -0.43%
🔴 APR -0.34%
🔴 MAY -1.65%
🔴 JUN -2.91%
🔴 JULY -0.45%
🟢 AUG +2.13%
🔴 SEPT -4.32%
🟢 OCT +2.6%
AVERAGE CPI DAY MOVE -0.69% 🔴
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🎉🐵 October is BitKong's Anniversary 🐵🎉
Prepare yourselves, explorers, because he is celebrating his 7th birthday BIG TIME!
BitKong is hosting a $10,000 🤑💸 ANNIVERSARY TOURNAMENT for a jungle-style party!
The event will last until the 16th of October.
🍌 Are you ready to go bananas? 🍌
✅ www.bitkong.com
Follow our Telegram channel for the winners' announcement.
Prepare yourselves, explorers, because he is celebrating his 7th birthday BIG TIME!
BitKong is hosting a $10,000 🤑💸 ANNIVERSARY TOURNAMENT for a jungle-style party!
The event will last until the 16th of October.
🍌 Are you ready to go bananas? 🍌
✅ www.bitkong.com
Follow our Telegram channel for the winners' announcement.
Indian city deploys Polygon blockchain to manage public complaints
The police department of India’s Firozabad city has announced a plan to use the Polygon (MATIC) blockchain to register complaints as part of speeding up the resolution process of public complaints. a unique code for the specific case. The police station near the area of the complaint will then have a special QR code that will direct reports toward the grievance form.
The police department of India’s Firozabad city has announced a plan to use the Polygon (MATIC) blockchain to register complaints as part of speeding up the resolution process of public complaints. a unique code for the specific case. The police station near the area of the complaint will then have a special QR code that will direct reports toward the grievance form.
