Kraken winds down NFT marketplace
Starting Nov. 27, Kraken’s NFT marketplace will transition to withdrawal-only mode.
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SEC chair compares stablecoins to casino poker chips
"We’ve got a lot of casinos here in the Wild West, and the poker chip is these stablecoins at the casino gaming tables," said Gary Gensler. U.S. Securities and Commission, or SEC, chair Gary Gensler has doubled down on his “Wild West” analogy for cryptocurrencies, calling stablecoins instruments for gambling at old-timey casinos. Speaking to Washington…

Lykke crypto exchange acknowledges hack after halting withdrawals
The Lykke team acknowledged that they halted withdrawals after an attack drained $22 million in crypto from its wallets on June 4.

Hedera Hashgraph to be used for crowdsourced airstrike warning app in Syria
Sentry is an an app developed by Hala Systems that has been providing civilians with a crowdsourced and sensor-driven early warning system against airstrikes during the protracted civil war in Syria.Live since 2016, the system has evolved to become more accurate and complex, using a sensor network, artificial intelligence and blockchain technology to provide a…

A ‘very ambitious’ $100M Metaverse R&D hub is being built in Melbourne
“We're really designing a whole world,” Two Bulls founder James Kane said about the role his business will play in the yet to launch metaverse. 106 Total views 2 Total shares Thailand based metaverse startup Translucia Global Innovation has partnered with the Australian software development firm Two Bulls and set aside an initial budget of…

Phantom crypto wallet raises $150M in Series C at $3B valuation
Phantom said the $150 million funding round accelerates Phantom’s mission to become the world’s biggest consumer finance platform.

Korean startup Uprise lost $20M shorting LUNA
The crypto custodial service and AI trading platform managed to lose nearly all of its customers’ assets by shorting LUNA, the Terra Classic native token. 450 Total views 12 Total shares South Korean crypto investment startup platform Uprise reportedly lost around 99% of its assets worth about $20 million when it got liquidated shorting the…

Record fundamentals meet $4K Ethereum: 5 things to watch in Bitcoin this week
Bitcoin (BTC) is off to yet another fighting start on Monday, hitting $59,500 — is this the week we see $60,000?After a promising but restrained weekend, BTC/USD is once again back to beating out resistance as major markets reopen.Given the strength of underlying technicals and buyer demand, bulls may have cause for celebration in the…

Delphi Digital forms $5 million NFT investment ‘syndicate’
Delphi Digital, a multi-service cryptocurrency investment, consulting, and research firm, has announced today the launch of "Delphi INFINFT," a new investment wing focused on NFTs and the NFT ecosystem.Per a post of Twitter, the fund will invest upwards of $5 million into “NFT marketplaces, DAOs, social tokens, fractionalization, NFT infrastructure, and any other new developments…