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“# Mt. Gox creditors may receive nothing if they fail to vote by Friday ” Creditors from the now defunct crypto exchange Mt. Gox have until Oct. 8 Japan time to vote on a rehabilitation plan which could potentially pay back millions in lost Bitcoin. Figures including Blockstream founder Adam Back and former Mt. Gox…
“# Stockbroker platform Public.com adds crypto trading feature ” Public.com, a neo-brokerage outfit based in New York has announced the launch of crypto trading services for its customers. In a statement issued on Thursday, Public revealed that users will be able to trade and store cryptocurrencies on the same app used for managing their stock…
“# Crypto exposure has positive impact on investment portfolios, study shows ” Allocating funds to crypto investment positions has been shown to have a positive impact on the performance of diversified investment portfolios. According to a research study by crypto asset management outfits Iconic Funds and Cryptology Asset Group, the ability of crypto investments to…
“# FTX customer seeks help after mistaken deposit allegedly results in $1M in fees ” A crypto hodler is outraged after allegedly copping a $954,135 fee from centralized exchange FTX. The trader claims the fee was charged over a mistaken deposit they believe was the exchange’s fault. On Oct. 6, the Rekt Blog published screenshots…
“# Riot Blockchain tripled production this year and is hoarding $194M in Bitcoin ” U.S.-based publicly listed mining firm Riot Blockchain has revealed that its year-to-date Bitcoin production has more than tripled compared to 2020. According to a Oct. 6 announcement, Riot has mined 2,457 BTC (roughly $135 million) during 2021 so far — a…
“#Cost of inflation to American household: extra $175 a month” Over the past couple of months, Allison, a wife and mother of a toddler and teenager in Chicago, says she’s been spending about $50 more each week on groceries to feed her family — and that’s at a discount supermarket chain, Aldi’s. “I used to…
“# New Zealand’s Easy Crypto raises $11.75M, eyes stock market float ” New Zealand-based crypto exchange Easy Crypto has raised $11.75 million (NZD $17 million) in Series A funding, as the firm eyes a potential initial public offering (IPO) in the future. The round was led by venture capital fund Nuance Connected Capital. According to…
“# Chainalysis acquires cybercrime investigative firm Excygent in fight against ransomware attacks ” Blockchain analytics firm Chainalysis has purchased cybercrime investigative company Excygent for an undisclosed amount, hinting the two will continue to work together to help “dismantle ransomware operations.” In an Oct. 5 announcement, Chainalysis CEO Michael Gronager said the firm had collaborated with…
“# Bank of America identifies 20 high profile US companies with crypto exposure ” Walt Disney, Fox Corporation, and JP Morgan are among a list of 20 publicly traded U.S. companies with some level of exposure to crypto and digital assets, based on data by Bank of America, or BofA. According to a BofA report…
“# $25B toy brand to launch L.O.L. Surprise NFT collectibles ” Consumer entertainment products giant MGA Entertainment is moving into the nonfungible token (NFT) industry by turning its best-selling toys into digital collectibles on blockchain. The American toy giant is preparing to roll out an NFT functionality for its world-famous brand L.O.L. Surprise, allowing fans…