“Should we tell our followers the big news?,” Google Cloud tweeted an hour before revealing what it was doing with Solana. [Read More...]
Dogecoin Replaces Cardano as 6th Largest Cryptocurrency
SOURCE: CoinDesk – Read entire story here.
$114M Mango Markets Exploiter Outs Himself, Returns Most of the Money
SOURCE: CoinDesk – Read entire story here.
Crypto Exchange Huobi Global to be Acquired by About Capital
The top-10 crypto exchange by volume will have a new controlling shareholder. [Read More...]
Vitalik Buterin Makes Surprise Appearance at Kyiv Tech Summit in Show of Support for Ukraine
The Ethereum co-founder, who was born in Russia, made time for the visit as his Ethereum blockchain is days away from the major overhaul known as the Merge. [Read More...]
There’s a New Platform for Bitcoin-Backed Borrowing and It’s Courting Banks to Lend
SOURCE: CoinDesk – Read entire story here.
Fund owned by secretive ‘Czech sphinx’ buys €43m château near Paris – reports
Billionaire Daniel K?etínský, who also has a stake in Royal Mail, made a fortune snapping up unloved assetsAn investment vehicle linked to Daniel K?etínský, a secretive Czech billionaire who owns stakes in Royal Mail, J Sainsbury and West Ham United, has bought a castle near Paris for €43m (£37m), according to filings seen by Bloomberg.K?etínský’s fund is said to have bought the more than 100-room Château du Marais in the village of Val-Saint-Germain, a town of about 1,400 people about 40km south-west of Paris, and plans to convert it into a luxury hotel and equestrian complex. Continue reading… [Read More...]
Two Soccer Teams Transfer a South American Player Using USDC, But There’s Collateral Damage
The news was hailed as a historic event for South American football, but it could bring unexpected consequences for Argentinian club Banfield, amid local FX restrictions. [Read More...]
Silvergate CEO Sees More Near-Term Pain for Crypto but Still Bullish on Bitcoin Lending
Silvergate posted strong second-quarter earnings, outperforming its crypto peers’ due to strong risk management. [Read More...]
Musk Scraps $42B Deal to Buy Twitter, Prompting Board to Threaten Suit
SOURCE: CoinDesk – Read entire story here.
Morgan Creek Is Trying to Counter FTX’s BlockFi Bailout, Leaked Call Shows
FTX’s $250 million credit facility offer – if inked as initially proposed – stood to effectively wipe out all BlockFi shareholders, including Morgan Creek Digital, the firm told its investors. [Read More...]
Yuga Labs Confirms Discord Server Hack; 200 ETH Worth of NFTs Stolen
The Discord scam was posted by someone who took control over the Yuga Labs community manager account. [Read More...]
What Happened to the $3.5B Terra Reserve?
SOURCE: CoinDesk – Read entire story here.
Meta’s Instagram to Support NFTs From Ethereum, Polygon, Solana, Flow
SOURCE: CoinDesk – Read entire story here.
DeFi Lender Rari Capital/Fei Loses $80M in Hack
SOURCE: CoinDesk – Read entire story here.
Former Citi Digital Asset Execs Launch Crypto-Focused Fund
Motus Capital features a trio of former Citi personnel who will employ growth and income-focused crypto investing. [Read More...]
Fund Manager Jim Chanos Says He’s Shorting Coinbase
The founder of Kynikos Associates called the crypto exchange a “bubble stock” in a CNBC interview. [Read More...]
Blockchain Infrastructure Startup InfStones Raises $33M in Series B Funding
InfStones is among a crop of firms aiming to become the Amazon Web Services of Web 3. [Read More...]
GameStop Taps Immutable X for NFT Marketplace, Launches $100M Gaming Fund
The retail gaming staple is taking a carbon-neutral swing at Web 3 with no shortage of bankroll. [Read More...]
Bonanzas in private equity world spark call for tax relief limit
‘Fat cat’ wealth transfer thriving in huge investor deals buoyed by cheap debt and lockdowns, say analystsWelcome to the world of private equity, also known as the “billionaire factory”, where already super-rich firms have used low interest rates and their considerable financial firepower to embark on a multi-billion dollar buying spree this year. Mere mortals were this week given a rare glimpse inside the money-spinning and highly secretive private equity industry – which buys up companies, often using more debt than stock market investors would tolerate, then floats or sells them on again – as the London firm Bridgepoint floated on the stock market. Related: Best-paid gig in town rains down £12m a head – but are the non-exes still independent? … [Read More...]