The crypto trading platform Bitmex has announced the launch of its own native cryptocurrency called “BMEX,” following a slew of crypto platforms that have issued exchange tokens. According to the company, a user who registers and completes the KYC process will get five BMEX coins and ten tethers. Bitmex to Airdrop BMEX Tokens to Registered and KYC-Processed Users On Tuesday,…
Month: December 2021
Medical Q&A platform Ask The Doctor files lawsuit against Shiba Inu, engages war of words on Twitter
Tuesdays can be boring, but an ongoing Twitter drama is captivating the attention of many blockchain enthusiasts. Ask The Doctor, a Canadian medical questions and answers website, announced that it would be suing Shytoshi Kusama, volunteer project lead of meme token Shiba Inu (SHIB), for alleged libel and will attempt to uncover his personal identity in court. Kusama immediately fired…
Bitcoin Miner TeraWulf Buys 15,000 Rigs
Bitcoin miner TeraWulf signed a deal to purchase 15,000 bitcoin mining rigs from Bitmain Technologies, the company said in a statement Tuesday. TeraWulf has yet to file a Form 8-K with the Securities and Exchange Commission (SEC) detailing the agreement’s terms. “This purchase from Bitmain, which is TeraWulf’s largest order of the next-generation bitcoin mining machines, signifies our close relationship…
Musk and Dorsey Blast Web3 as ‘Centralized’ Gimmick Controlled by Venture Capitalists
In brief Former Twitter CEO Jack Dorsey threw some spicy tweets at Web3. His outburst drew in many other prominent figures, including Elon Musk. Two of the biggest names in crypto and Silicon Valley—Tesla CEO Elon Musk and Square CEO Jack Dorsey—took to Twitter on Monday night to fire shots at Web3 and the powerful venture capital firm that has…
‘You don’t own Web 3.0,’ says Jack Dorsey, criticizing its centralized nature
In a series of tweets posted on Tuesday, Jack Dorsey, the co-founder and former CEO of Twitter, as well as the founder and CEO of Square (now Block), voiced his criticism over the direction of Web 3.0 development. Elon Musk, the CEO of Tesla, joined Dorsey in the mockery. On an unrelated note, the same day, Dorsey replied, “Bitcoin will” when…
Crypto exchange Kraken acquires non-custodial staking platform Staked
Major cryptocurrency exchange Kraken has announced that it purchased blockchain infrastructure company and investment manager Staked for an undisclosed amount. In a Tuesday announcement, Kraken — the crypto exchange aiming for a $10 billion valuation — said it had added Staked to its portfolio of yield products following the acquisition. The company described the Staked deal as “one of the…
Incident Post Mortem: November 23, 2021
Summary Between 4:00 pm and approximately 5:36 pm PT on Tuesday, November 23rd, we experienced an outage across most Coinbase production systems. During this outage, users were unable to access Coinbase using our websites and apps, and therefore were unable to use our products. This post is intended to describe what occurred and the causes, and to discuss how we…
Crypto.com Signs Multi-Year Deal With LA’s Angel City Football Club – Bitcoin News
The cryptocurrency exchange Crypto.com has announced the company has partnered with the Angel City Football Club (ACFC) as the ACFC’s official cryptocurrency and NFT partner. The deal follows a slew of sports-related partnerships Crypto.com has made this year, including acquiring the naming rights agreement to the former Staples Center home of the Los Angeles Lakers, and partnering with the largest…
Crypto.com partners with Los Angeles’ Angel City Football Club
Cryptocurrency exchange Crypto.com has inked another deal to expand its brand recognition in the United States with the professional women’s sports team Angel City Football Club. In a Tuesday announcement, Crypto.com said it had partnered with the Los Angeles soccer team in an effort to increase the awareness of and access to crypto, blockchain and Web 3.0 among Angelenos, soccer…
Kraken to Allow a New Way to Earn Crypto Rewards With Staked Acquisition
Kraken is thrilled to announce that we have acquired Staked, an infrastructure platform that allows for secure, cost-effective, and non-custodial crypto staking. One of the largest deals in the history of crypto, this acquisition perfectly complements our existing custodial staking offering, enabling all of our clients to earn rewards on their crypto while retaining complete control over their digital assets. “We are excited to add…