It’s no secret that the fashion industry has started to explore the cryptoverse, with brands like Dolce & Gabbana, Gucci, Philipp Plein and Tiffany & Co. taking their own path down the metaverse runway. Decentraland’s Metaverse Fashion Week hinted at a new wave of fashion, while Philipp Plein brought the metaverse and nonfungible tokens (NFTs) right into his London shop.…
As Celsius’ bankruptcy proceedings continue, the court’s trustee William Harrington appointed an examiner on Thursday in order to review the company’s finances, according to a filing submitted on September 29. On the same day, state securities officials from Vermont and Texas filed objections to the crypto lender accessing the company’s stablecoin cache. 15 days prior to the objections, the crypto…
MicroStrategy is looking to hire a Bitcoin software engineer. The new hire will be tasked with building an enterprise-grade ecommerce and cybersecurity SaaS platform based on Bitcoin and the Lightning Network. The job posting shows preference for Bitcoin and Lightning developers, but also considers some DeFi experience. Software analytics firm MicroStrategy, the largest corporate holder of BTC, is hiring a…
Bitcoin continued to trade below $20,000 on Friday, as market sentiment remained mostly unchanged heading into the weekend. The world’s largest cryptocurrency attempted to climb towards this milestone, but declined as it encountered a hurdle on the relative strength index (RSI). Ethereum was also largely unchanged, as markets prepared for the release of U.S. consumer data. Bitcoin Bitcoin (BTC) prices…
Human rights investigators appointed by the United Nations (UN) have confirmed war crimes have been committed by Russian forces in Ukraine. A report developed by the Independent International Commission of Inquiry on Ukraine was created in March 2022 to provide a framework for UN human rights investigators to report war crimes in the region. Erik Møse, chair for the Independent…
Coinbase stock fell almost 8% amid a less than bullish rating from Wells Fargo and harsh comments from famed short-seller Jim Chanos. Several other Bitcoin-adjacent public companies, including MicroStrategy and Block Inc., saw the price of their stock too. Block’s shares (SQ) fell 5.37% on Thursday, changing hands at $55.90 at the end of the trading session Thursday, down from…
Spain’s largest telecom company Telefónica has reportedly led a $29 million (€30 million) investment round in Bit2Me, Spain’s largest crypto exchange, according to reports from La Información. Telefónica will also start piloting crypto payments on its online marketplace, with Bit2Me reportedly leading the development of the technology. Payments will be limited to purchases like televisions and mobile phones up to…
Despite USD bringing an onslaught to stocks, commodities and its rival currencies, BTC holds steady at the $19,000 to $20,000 mark, leaving mainstream media no choice but to put BTC into the headlines. American daily newspaper The New York Times highlighted BTC’s 6.5% increase in the last seven days and noted that this had caught the attention of crypto bulls…
Major decentralized exchange (DEX) Uniswap is in the early stages of raising significant funds to further expand its decentralized finance (DeFi) offerings, according to a new report. Uniswap Labs, a DeFi startup contributing to the Uniswap Protocol, is engaging with a number of investors to raise an equity round of $100 million to $200 million, TechCrunch reported on Sept. 30.…
At this year’s Messari Mainnet summit, Paul Brody, the blockchain lead at Big Four accounting firm Ernst & Young (EY) told Decrypt that his company is “all in on public blockchains.” Recounting EY’s involvement in crypto, he reiterated how the firm was indeed one of the earliest adopters in the traditional finance world. In 2015, EY formed a blockchain division…
