Memecoins are officially ‘cooked’ after Libragate, says crypto VC

Nvidia shares saw a slight after-hours bump as the chipmaker denied a report that it received a Justice Department antitrust probe.

Blockchain platform TBCASoft, technology behemoth IBM and telecommunications conglomerate SoftBank announced on Oct. 22 a collaboration to adopt a cross-carrier telecommunications blockchain payment solution.New cross-carrier systemPer the release, the partnership aims to allow carriers to use blockchain through the Carrier Blockchain Study Group (CBSG) Consortium — founded by TBCASoft and SoftBank. TBCASoft reportedly already created…

A German law professor has argued that permissionless networks such as Bitcoin (BTC) pose the greatest challenge when it comes to applying private law to the blockchain.In an Oct. 18 article entitled Who Owns Bitcoin? Private (International) Law Facing the Blockchain, Professor Matthias Lehmann, chair of the Institute for International Private Law and Comparative Law at…

This suite of tools is designed for developers to build products and services in the DeFi, GameFi, and NFT spaces. 107 Total views 2 Total shares As the world accelerates towards a decentralized future, Fireblocks, a digital assets custody platform, announced the launch of their new Web3 Engine to help foster the development of the…

Bitcoin (BTC) hodlers are returning to profit as new data hints the BTC price has put in the “foundation” of a macro bottom.The latest figures from on-chain analytics firm Glassnode shows a large swathe of the BTC supply heading “into the black” as BTC/USD passed $18,000.Bitcoin establishes "massive" accumulation zoneAfter gaining nearly 5% in 24…

About 1,800 people were laid off, however the company plans on hiring about the same number of replacements.

Chinese banks are opening bank accounts for regulated crypto companies, with several acting as a payment layer for the crypto platforms. 348 Total views 2 Total shares Own this piece of history Collect this article as an NFTHong Kong’s push to become a crypto hub has opened an opportunity for not just crypto companies but…

The United States consumer price index rose 4.9% annually, which was slightly less than estimates of a 5% increase. The CPI’s monthly rise of 0.4% in April was in line with expectations. Although inflation remains stubbornly higher than the Federal Reserve’s 2% target range, traders will take comfort from the slower pace of increase. That…

As of the end of September, Meta had more than 87,000 employees — a large proportion of which is said to work in the Reality Labs division. 213 Total views 2 Total shares Social media and tech giant Meta is reportedly gearing up for “large-scale layoffs” this week amid rising costs and a recent collapse…