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“# Bitfinex advises Ontario-based users to close accounts before March 1 ” In a Friday announcement, Bitfinex said it would be immediately closing the accounts for Ontario-based customers who have no balances on the platform. In addition, it planned to restrict access to those who do not have open positions in the exchange’s peer-to-peer financing…
“# Going meta: Disney, Second Life and K-pop ” Following the announcement that Facebook’s parent company would be rebranding in a shift towards the Metaverse, many projects have started similar initiatives entering the virtual space, from buying property to testing the limits of what this universe has to offer. Visit Disneyland… in the Metaverse? The…
“# Cathie Wood’s ARK ETF reportedly buys 6.93M shares of SPAC merging with Circle ” Cathie Wood’s Ark Invest has reportedly purchased 6.93 million shares of the special purchase acquisition company, or SPAC, that is merging with Circle, for $70.6 million through the company’s ARK Fintech Innovation exchange-traded fund (ETF). This purchase would represent a…
“# Crypto-focused software firm Lukka raises $110M, reaches $1.3B valuation ” Cryptocurrency accounting and data company Lukka said it had raised $110 million in a new funding round led by hedge fund giant Marshall Wace. In a Friday announcement, Lukka said it had completed a $110 million Series E funding round led by Marshall Wace,…
“# Tether freezes $150 million in USDT ” Tether has added three more Ethereum addresses, holding more $150 million worth of the USDT stablecoin between them, to its blacklist. As a centralized company, Tether is able to blacklist addresses it believes are involved in crime, money laundering — or for any other reason it chooses….
“# Fan Controlled Football raises $40M to expand league with Bored Apes and Gutter Cats ” Alternative sports organization Fan Controlled Football (FCF) has raised $40 million in Series A funding from crypto and blockchain gaming firms to support the league’s expansion plans, including four new teams and an NFT project. The FCF was founded…
“# Second Life creator returns to lay claim to the Metaverse ” The founder of Linden Lab’s virtual online world Second Life Philip Rosedale will be rejoining the project as a strategic advisor to guide its entry to the Metaverse. While he is negative on content interoperability in the Metaverse describing it as “a total…
“# Iota selected for Phase 2A of EU blockchain initiative ” On Thursday, the Iota Foundation, which oversees developments in the namesake Internet-of-Things transactions blockchain (IOTA), announced that it had been selected as one of five contractors by the European Commission to develop blockchain and distributed ledger technology in the region. According to the announcement,…
“# TokenBot helps crypto traders build social communities and monetize market knowledge ” There are many advantages to automating one’s trading tactics instead of pointing and clicking with a mouse. For starters, bots can execute trading decisions free of emotion, are lighting fast, and have far fewer margins of error. According to CNBC estimates, crypto…
“# Aside from Shark Tank, Mark Cuban says 80% of his new investments are in crypto ” Comedian and former Daily Show host Jon Stewart said Dallas Mavericks owner and billionaire Mark Cuban broke down the intricacies of the crypto space in practical terms. Speaking to Stewart on a Thursday podcast, Cuban said he didn’t…