A previous version of Ethereum for Rust had been released by Erigon in June, but the Erigon team stopped supporting it due to a lack of resources. A previous version of Ethereum for Rust had been released by Erigon in June, but the Erigon team stopped supporting it due to a lack of resources. Cointelegraph.com NewsRead More
Read MoreDay: December 8, 2022
Countries and institutions move into crypto despite market drop: Report
November saw a reduction in BTC mining revenue for publicly traded miners, a decline in venture capital investment, and signals of Bitcoin going to $12,000. November saw a reduction in BTC mining revenue for publicly traded miners, a decline in venture capital investment, and signals of Bitcoin going to $12,000. Cointelegraph.com NewsRead More
Read MoreFTX’s Odd Relationship With Vertical Farming Firms — A Look at Exchange Boss Ryan Salame’s and Bahamian PM Philip Davis’ Trip to 80 Acres
After discovering that ten holding firms associated with FTX Digital and Alameda Research invested roughly $5.4 billion into nearly 500 firms and projects, people have been curious about a few specific investments. One specific investment made by FTX Ventures Ltd. was for $25 million into the Ohio-based firm 80 Acres, a company that specializes in vertical farming. It seems that 80 Acres Farms was partnered with a Bahamian hydroponic producer called Eeden Farms, and Ryan Salame, the co-chief executive officer of FTX Digital Markets, toured 80 Acres farm in Ohio…
Read MoreBlockFi employees were discouraged from describing risks in internal communications: Report
According to a former employee, an internal team at BlockFi raised concerns about the borrower pool being too concentrated among crypto whales, such as Three Arrows Capital and Alameda. According to a former employee, an internal team at BlockFi raised concerns about the borrower pool being too concentrated among crypto whales, such as Three Arrows Capital and Alameda. Cointelegraph.com NewsRead More
Read MoreTotal crypto market cap falls to $840 billion, but derivatives data shows traders are neutral
Regulatory pressure continues to limit each upside breakout, but data shows some compelling reasons for an eventual crypto market rally. Regulatory pressure continues to limit each upside breakout, but data shows some compelling reasons for an eventual crypto market rally. Cointelegraph.com NewsRead More
Read MoreWaves-backed stablecoin USDN drops further after regulator warning and exchange delisting
WAVES price and its USDN stablecoin lose value after the Digital Asset eXchange Association issues a caution notice and Upbit exchange delists the token. WAVES price and its USDN stablecoin lose value after the Digital Asset eXchange Association issues a caution notice and Upbit exchange delists the token. Cointelegraph.com NewsRead More
Read MoreUS lawmakers question federal regulators on banks’ ties to crypto firms
“FTX’s collapse shows that crypto may be more integrated into the banking system than regulators are aware,” said Senators Elizabeth Warren and Tina Smith. “FTX’s collapse shows that crypto may be more integrated into the banking system than regulators are aware,” said Senators Elizabeth Warren and Tina Smith. Cointelegraph.com NewsRead More
Read MoreEthereum developers target March 2023 for Shanghai hard fork
Users will be able to withdrew their staked Ether and applicable rewards after the upgrade goes live. Users will be able to withdrew their staked Ether and applicable rewards after the upgrade goes live. Cointelegraph.com NewsRead More
Read MoreAlameda-Funded Ren Tells Users to ‘Bridge Back to Native Chains’ as It Sunsets 1.0 Platform
According to the team behind the open protocol Ren, developers are winding down the Ren 1.0 network following the FTX and Alameda Research collapse. Last year, under previous Ren leadership, Alameda acquired Ren and was funding development every quarter. On Dec. 7, 2022, Ren developers warned Ren 1.0 and 2.0 compatibility “cannot be guaranteed” and Ren users should bridge back to their native chains. Alameda-Backed Ren Warns of Losses Tied to Ren 1.0 Platform, Suggests Users Bridge Back to Native Chains as Soon as Possible The current team behind the…
Read MoreNomad releases bridge relaunch guide after patching contract vulnerability
The Nomad protocol will allow users to bridge back madAssets and access a pro-rata share of recovered funds. The Nomad protocol will allow users to bridge back madAssets and access a pro-rata share of recovered funds. Cointelegraph.com NewsRead More
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