Participants can explore the RV Odyssey — one of the most advanced ocean research vessels around the globe — via the Metaverse. Source: https://cointelegraph.com/news/polygon-partners-with-ocean-conservation-ngo-to-advance-ocean-literacy
Month: October 2022
MakerDAO to Invest $500 Million in US Government Bonds
MakerDAO, the world’s largest decentralized finance (DeFi) lending protocol, announced on Thursday a plan to invest $500 million in short-term US treasury bonds and investment-grade corporate bonds. The plan—which was approved by MakerDAO members in a community-wide, months-long vote—will see $400 million of the organization’s asset reserves put towards US treasury bonds, and $100 million invested in corporate bonds. A…
South Korean judge dismisses warrant for individual involved in Terra collapse: Report
In his decision to dismiss the warrant, the judge reportedly considered that Yoo Mo had a residence and family ties in South Korea and was already barred from leaving the country. Source: https://cointelegraph.com/news/south-korean-judge-dismisses-warrant-for-individual-involved-in-terra-collapse-report
How Armanino Performs Proof of Reserves: Clayton Lowery at SmartCon 2022
How Armanino Performs Proof of Reserves: Clayton Lowery at SmartCon 2022 Clayton Lowery of Armanino LLP joins Decrypt’s Dan Roberts and Stacy Elliott at Chainlink SmartCon 2022 to talk about how Armanino conducts its “proof of reserves” audits of crypto lenders like Nexo, how to foresee the next crypto company meltdown, trust in Tether, and scrutiny of stablecoins. Source: https://decrypt.co/videos/live-events/TFESFgL4/how-armanino-performs-proof-of-reserves-clayton-lowery-at-smartcon-2022
South Korean Court Dismisses Arrest Warrant for Do Kwon’s ‘Key Aide’ at Terra
A judge in the Seoul Southern District Court in South Korea has dismissed the arrest warrant for Terraform Labs’ Head of General Business Operations Yoo Mo, citing a lack of necessity for his detainment. According to local news reports, Yoo was a “key aide” to Terra founder Do Kwon, the latter of whom has an Interpol red notice on his…
Grayscale announces new arm to invest in bitcoin mining hardware
Grayscale plans to buy mining equipment at discounted prices and offer co-investment opportunities to accredited investors. Source: https://cointelegraph.com/news/grayscale-announces-new-arm-to-invest-in-bitcoin-mining-hardware
Grayscale’s New Co-Investment Vehicle Aims to ‘Capture the Upside of Crypto Winter’ – Bitcoin News
On October 6, Grayscale Investments announced a new venture that gives accredited investors the opportunity to invest in the mining infrastructure that powers the digital asset ecosystem. According to the announcement, the co-investment vehicle is called Grayscale Digital Infrastructure Opportunities (GDIO), and the crypto mining firm Foundry will handle the new product’s operations. GDIO is meant to “capture the upside…
Canadian central bank identifies retail CBDC archetypes in theory-heavy analysis
An analyst at the Bank of Canada has written a paper that identifies recurring patterns in CBDC models and how those patterns impact a list of performance criteria. Source: https://cointelegraph.com/news/canadian-central-bank-identifies-retail-cbdc-archetypes-in-theory-heavy-analysis
Stablecoins shed $38B since May as yields plunge, projects collapse
An estimated $148.7 billion worth of stablecoins are still in circulation. Source: https://cointelegraph.com/news/stablecoins-shed-38b-since-may-as-yields-plunge-projects-collapse
Bitcoin․com Announces Public Sale of VERSE Ecosystem Token – Press release Bitcoin News
press release Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, has announced that Sale B, or the public sale of the VERSE utility and rewards token, will begin on November 1, 2022. Verse will support people onboarding into Bitcoin and DeFi by rewarding them for buying, selling, storing,…