$1.1B TIA token release to push October’s crypto unlocks to almost $2B
Celestia tokens worth $1.1 billion will be unlocked on Oct. 31, while $300 million in Cheelee tokens will be released on Oct. 10.
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Chinese IT Giant Tencent and University of Hong Kong Collaborate on Fintech
Tencent Financial Academy, a subsidiary of Chinese IT giant Tencent — signed a memorandum of cooperation with the University of Hong Kong on March 6 for joint research and development projects related to financial technology. Chinese media outlet QQ reported about the deal on March 7.The collaboration reportedly involves joint research and development of fintech…

Bitcoin briefly flippens Swiss franc after rally to new ATH
The crypto asset's market capitalization overtook the Russian ruble in February after a major announcement from car manufacturer Tesla. 1582 Total views 21 Total shares After hitting a new all-time high price approaching $67,000 earlier on Wednesday, the market capitalization of Bitcoin briefly surpassed the total market cap of the Swiss franc.According to data from…

London wealth manager cashes out $1B profit from $600M BTC buy in November
After profiting $1 billion in less than six months, Ruffer is open to making more Bitcoin trades in the future. 2458 Total views 6 Total shares Asset manager Ruffer has profited by more than $1 billion in profit from a $600 million Bitcoin investment it made during November 2020.Speaking to The Times, investment director at…

Iran halts authorized crypto mining to save energy for winter
Iran previously put a temporary blanket ban on crypto mining amid historically peak periods for power demand in summer. 438 Total views 7 Total shares Amid Iran’s energy consumption increasing during the winter, local energy authorities have decided to halt operations of authorized cryptocurrency mining centers.Mostafa Rajabi Mashhadi, chairman of the board and managing director…

Pantera, Coinbase Ventures and Sony back NFT-focused MakersPlace in $30M Series A
“At MakersPlace, we view our work as an investment in the future of creativity,” said co-founder and CEO Dannie Chu. 222 Total views 8 Total shares MakersPlace, a nonfungible token market dedicated to digital art, has secured $30 million in Series A financing, highlighting once again that venture funds are keen to back promising NFT…

Fixed interest rates to create a DeFi 2.0 for institutions, says former bank exec
In its latest seed funding Infinity Exchange investors allied behind the need for an increase in more secure institutional investment. 366 Total views 11 Total shares Infinity Exchange, a new platform providing institutional grade capital efficiency in decentralized finance (DeFi), announced a $4.2 million seed found in a bid to boost institutional adoption for DeFi.Infinity…

Finance Redefined: 1M ETH burned since EIP-1559, and Dorsey drops tbDEX white paper, Nov. 19–26
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.ETH is burning at a rapid rate! Read on to discover the statistics behind Ethereum’s pursuit of deflationary mechanics. What you’re about to read is a shorter, more succinct version of the newsletter. For a comprehensive summary of DeFi’s developments over the last week, subscribe below.$4.24…

Beyond the hype: How Bitcoin stays true to its values
Beyond price swings and media hype, Bitcoin continues to evolve while staying true to its core values. The latest episode of The Clear Crypto Podcast looks at Bitcoin’s scalability, security and its future as a global financial force. Bitcoin’s (BTC) journey from a radical experiment to a trillion-dollar asset has been fueled by grand narratives: