Food companies secure trademarks to enter metaverse
A number of food companies have recently begun to position themselves within the Web3 ecosystem by filing trademark applications for the Metaverse and nonfungible tokens (NFTs). Licensed trademark attorney Mike Kondoudis shared in a tweet that...
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Hacktober: Mango Markets and TempleDAO exploited
Statistically speaking, October is one of the best-performing months for Bitcoin. While the market is waiting for inflation data to be presented, the “Uptober” became the “Hacktober” this week. Two DeFi protocols got hacked this week and...
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Tech’s good intentions and why Satoshi’s new ‘social order’ foundered
All revolutions have their dogmas, and the cryptocurrency/blockchain insurgency is no different. It’s an article of faith among crypto adherents that decentralization will solve many of society’s ills, including the problem of...
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Apples and oranges? How the Ethereum Merge could affect Bitcoin
It’s been a month since Ethereum said goodbye to an essential feature its blockchain shared with Bitcoin (BTC). Called the Ethereum Merge, the long-hyped upgrade was widely celebrated, with the blockchain ecosystem. However, for the mainstream...
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$740M in Bitcoin exits exchanges, the biggest outflow since June’s BTC price crash
The amount of Bitcoin (BTC) flowing out of cryptocurrency exchanges picked up momentum on Oct. 18, hinting at weakening sell-pressure that could help BTC price avoid a deeper correction below $18,000.Bitcoin forming a "bear market floor"Over...
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Ethereum solo validators that censor blocks should ‘be tolerated’ — Buterin
Ethereum co-founder Vitalik Buterin believes that solo validators that choose not to include certain transactions should “be tolerated” to stop the Ethereum community from becoming the “morality police.”Vitalik Buterin made the comment in...
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Web3 infrastructure firm ChainSafe raises $18.75M as attention shifts to GameFi
Canadian Web3 infrastructure company ChainSafe has closed an $18.75 million funding round that was backed by prominent industry venture firms, putting the company on track to expand operations at a time when demand for blockchain infrastructure...
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Christine La Garde: Europe is not in a recession
There is a fight going on about the truth. Earlier this year, the US government said that the country is not in a recession, while data was suggesting that the GDP was negative for two quarters in a row....
Bitcoin price ‘easily’ due to hit $2M in six years — Larry Lepard
Bitcoin (BTC) is on track to hit a massive $2 million within six years, asset management guru Lawrence “Larry” Lepard believes.In his latest appearance on the Quoth the Raven podcast Oct. 16, Lepard said that BTC/USD could “easily”...
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Bitcoin, space travel and TikTok debut in Guinness World Records
Guinness World Records has added Bitcoin (BTC) and a number of blockchain events in the latest edition of its record book under the category of “Cryptomania.”The recognition of crypto by a mainstream staple such as Guinness World Records...
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‘Performing as expected’ — Aptos Labs defends day 1 criticism
After four years of development and millions in funding, the layer-1 blockchain Aptos (APT) finally launched its mainnet on Oct. 17, albeit to somewhat mixed reception.The proof-of-stake blockchain has seen millions invested in it from venture...
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Ripple wants to bring Ethereum smart contracts to the XRP Ledger
Ripple users may be able to interact with Ethereum-compatible decentralized applications (DApps) in the future following the launch of a test phase of Ripple’s new XRP Ledger sidechain.The launch of the sidechain was shared in a Tweet by...
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3AC liquidators seek ‘alternative means’ to subpoena missing founders
Liquidators for Three Arrows capital (3AC) have asked a U.S. court to grant them permission to subpoena the embattled crypto hedge fund's founders through “alternative means.”To this date, the whereabouts of Three Arrow Capital founders Su...
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Walmart CTO says crypto will become a ‘major’ payments disruptor
Walmart’s global chief technology officer (CTO) Suresh Kumar has tipped cryptocurrency to become a "major" area of disruption, particularly in how customers pay for virtual and physical goods in the future. Speaking at the Yahoo Finance All...
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‘Not even a single TX has been censored on ETH’ — Cyber Capital founder
Ethereum bulls have hit back against claims the network has become prone to censorship post-Merge, with one arguing that “not even a single” transaction has been censored on the network. In a 19-part thread to his 29,100 followers on Oct....
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2 key Ethereum price indicators point to traders opening long positions
Ether (ETH) price has been unable to close above $1,400 for the past 29 days and has been trading in a relatively tight $150 range. At the moment, the $1,250 support and the $1,400 resistance seem difficult to break,...
Facebook is on a quest to destroy the Metaverse and Web3
The future of how we socialize online is being defined as we speak, and it’s far too important to leave things to the likes of Meta and other mega social companies. Just a surface-level look at Meta’s history is...
The crypto industry fights regulators in the courts: Law Decoded, Oct. 10–17
Perhaps one of the most captivating signs of the industry’s maturity is the increasing amount of court cases in which crypto companies fight back against perceived regulatory abuses. Last week saw some major advancements in that...
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Texas investigates FTX for securities violations after objecting to Voyager auction
The Texas State Securities Board, or SSB, and the Texas Department of Banking filed a supplemental declaration on Oct. 14 in the Voyager Digital case stating that the SSB is investigating FTX Trading and FTX US and their principals,...
Celsius judge says court may look to UK consultation paper in absence of US guidance
The lack of crypto regulation in the United States has long complicating the lives of users and service providers, and now a judge has acknowledged the pain the judiciary feels from its absence too. Chief United States Bankruptcy Judge...