Allo secures $100M Bitcoin-backed credit facility
The Bitcoin-tied credit line was funded by a consortium of lenders, including Greengage and a “long-standing” US institution.
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‘Pig slaughtering’ crypto scams reap millions on Silicon Valley dating apps
“I never thought it could happen to me because I use tech. I’ve written software,” a victim of the pig slaughtering scam noted. 266 Total views 9 Total shares Lonely hearts in Silicon Valley are reportedly falling prey to a wave of "pig slaughtering” crypto scams via dating apps. An investigator for cybersecurity company Sift…

Crypto ad deals for Super Bowl LVII fell apart after FTX collapse: Report
There had reportedly been a few deals for crypto commercials in this year's Super Bowl that fell apart following the collapse of FTX, but at least one project is giving away NFTs. 167 Total views 1 Total shares Own this piece of history Collect this article as an NFTFans watching the Kansas City Chiefs face…

OpenSea manager accused of insider trading sentenced to 3 months in prison, $50K fine
Nathaniel Chastain will reportedly have until Nov. 2 to surrender himself following his conviction for wire fraud and money laundering related to insider trading on OpenSea. 30 Total views 2 Total shares A federal judge has sentenced former nonfungible token (NFT) marketplace OpenSea product manager Nathaniel Chastain to 3 months in prison for wire fraud…

Suzhou to launch digital yuan ‘red envelope’ trial for Double 12 event
Tied in with a national shopping event, the trial will add "offline" and "touch" functionality. 2221 Total views 16 Total shares The Chinese city of Suzhou will be the second to roll out a “red envelope” trial for the forthcoming digital yuan, according to a report in local media outlet The Paper.Following the successful pilot…

Vitalik Buterin suggests making NFTs ‘soulbound’ like World of Warcraft items
NFTs are known for their transferability and commercial viability, but there are also downsides to those features, according to Buterin. 287 Total views 7 Total shares In a blog post published Wednesday, Vitalik Buterin, co-founder of Ethereum (ETH), expressed his wishes to make nonfungible tokens, or NFTs, soulbound as with the namesake item class in…

Thailand’s crypto islands: Working in paradise, Part 1
Walking into Remote and Digital’s La Casa co-working space on the tropical island of Koh Pha-ngan, you wonder how anybody gets any work done. I sip a cocktail and wait for my burrito as James Brown plays in the background. There’s a real palm tree growing at the edge of the cafe, and behind it…

Top 5 cryptocurrencies to watch this week: BTC, ETH, BNB, MATIC, FTM
The weekend failed to ignite bullish momentum from crypto investors and both Bitcoin (BTC) and Ether (ETH) turned down on Oct. 31. The bulls will now try to achieve the third successive weekly close and the first-ever monthly close above the psychological $60,000 level.$63,000 is another level of interest for traders because the stock-to-flow creator…

Crypto Markets Recover With Bitcoin Breaking $5,300, Gold and Oil Prices Rise
Tuesday, April 30 — following another decline yesterday, crypto markets again reversed to gain momentum upwards, with all but one top 20 coins by market cap in the green.Having skyrocketed more than 18% yesterday, IOTA (MIOTA) is the only coin among the top 20 that sees losses, down around 4.3%. In contrast, litecoin (LTC) is…