Twitter is continuing to develop a new feature that will allow users to give each other “Awards” using “Coins” that can be purchased with fiat currency. According to security researcher and data miner Jane Manchun Wong, Twitter is currently developing a purchase interface and menu item button for Coins, and will use Stripe to process payments in fiat. The news…
Decentralized yield protocol Yearn.finance said in a Jan. 9 tweet that all users can now create sophisticated Permissionless Vault Factories on its platform. The current version of Vault Factory works with stablecoin-swapping platform Curve Finance and its liquidity provider (LP) tokens and features three premade yield strategies. “Our new Permissionless Vault Factory lets anyone deploy an auto-compounding yVault for any…
Gemini CEO Cameron Winklevoss has published another open letter on Twitter, addressed to the board members of Digital Currency Group (DCG). In the letter, Winklevoss accuses DCG and CEO Barry Silbert of making poor decisions with the now-defunct crypto hedge fund Three Arrows Capital (3AC), and claims that DCG orchestrated a “campaign of lies” in order to deceive Gemini and…
The Easy Company, a startup focusing on building a consumer layer for the decentralized web, has raised $14.2 million in a seed round for its “social” crypto wallet, which seeks to help onboard more mainstream audiences into the Web3 ecosystem. As reported by TechCrunch, the seed funding round was supported by a diverse group of investors, including venture capital firms…
Cryptocurrency exchange Crypto.com will no longer facilitate transactions involving Tether in Canada and plans to delist the largest stablecoin by market capitalization for customers in the region. “Crypto.com has delisted USDT for users in Canada in accordance with instructions from the Ontario Securities Commission (OSC) as part of our pre-registration undertaking for a restricted dealer license,” a spokesperson for Crypto.com…
A former Coinbase employee’s brother has been sentenced for his role in a crypto insider trading scheme. Nikhil Wahi, brother of former Coinbase product manager Ishan Wahi, pleaded guilty in September to one count of conspiracy to commit wire fraud. In an order signed on January 4, U.S. District Judge Loretta Preska sentenced Wahi to 10 months in prison. Prosecutors…
On Dec. 28, Cointelegraph’s Crypto Trading Secrets podcast interviewed trader Nebraskangooner, gathering his opinions on several topics. “Flat and completely sideways and uneventful,” Nebraskangooner said when asked about his thoughts on Bitcoin’s (BTC) price lately. The crypto bear market saw the price of Bitcoin struggle throughout 2022, falling significantly from its all-time high above $60,000 seen in 2021. Nebraskangooner gave…
Manta Network has recently completed the largest trusted setup ceremony ever, with over 4,000 people participating, according to a press release provided to Cointelegraph. The setup was done in order to help create MantaPay, an app that intends to allow for private payments between individuals. 8/ 2022 also saw the launch of the world’s largest trusted setup on Polkadot by…
As the global economy continues to reel from the devastation caused by the COVID-19 pandemic, there is increasing data suggesting that more and more people are now favoring a remote work-based lifestyle. In this regard, a survey sample of working United States citizens shows that Millennial and Generation Z workers prefer joining a remote workforce and decentralized autonomous organizations (DAOs)…
This week on The Market Report, the resident experts at Cointelegraph discuss what artificial intelligence (AI) altcoins are, what their potential benefits are, how they work, and whether they can be a catalyst for a 2023 bull market. We start off this week’s show with the latest news in the markets: BTC price 3-week highs greet US CPI — 5…
