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“# Scammers mail out fake hardware wallets to victims of Ledger data breach ” The consequences of Ledger’s major data breach continue to be felt almost a year later. One contributor to the r/ledgerwallet forum on Reddit, writing under the tag “u/jjrand” and self-identified as one of those affected by the breach, has posted images of what appears…
“# SynFutures raises $14M for derivatives DEX supporting ‘anything with a price feed’ ” Forthcoming decentralized derivatives exchange SynFutures has closed an oversubscribed $14 million Series A funding round led by Polychain Capital. The automated market maker’s funding round also saw participation from other heavyweight crypto investors including Pantera Capital, Framework, and Wintermute. Including the…
“# Thailand’s XSpring Capital raises $225M to build integrated financial marketplace ” Investment management company XSpring Capital has secured a large funding round with partners in Thailand to accelerate the development of its financial marketplace that combines traditional and digital asset products. It also hopes to bring an expanded platform to the United States. According…
“# ‘I have nothing’: Imprisoned John McAfee claims his crypto fortune is gone ” Software antivirus pioneer John McAfee has told his one million Twitter followers that his entire crypto fortune is gone — although he concedes not everyone will believe he’s telling the truth. The McAfee antivirus founder has been behind bars in Spain…
“# Travala launches decentralized home-sharing service — will it be the next Airbnb? ” Pro-crypto travel booking agency Travala.com is releasing a decentralized property rental service. In a Wednesday announcement, Travala said it had partnered with former executives from Airbnb, Expedia, and other companies to launch Dtravel, a decentralized vacation rental platform that may serve…
“# Yield Guild Games doubles down on play-to-earn model with $4M funding round ” Yield Guild Games, also known as YGG, has received the backing of several venture firms and angel investors as it embarks on a mission to expand its network and popularize the play-to-earn gaming model. The $4 million cash injection will be…
“# Crypto exchange Huobi has reportedly stopped letting new users trade derivatives ” Huobi, one of the largest cryptocurrency exchanges in the world, has reportedly restricted derivatives for new and existing users over concerns about China’s regulatory crackdowns. Chinese journalist Colin Wu reported on Twitter today that Huobi had temporarily dropped the maximum allowable trading…
“# Estonian IT company inks $26M crypto mining deal with Bitmain ” Estonian technology conglomerate Burfa is turning to Bitmain to supply key cryptocurrency mining infrastructure to its Narva-based data center, offering a glimpse into the arms race underway for high-performance computing resources. The $26 million agreement will allow Burfa to double its data-center capacity…
“# Bullish all the way? MicroStrategy doubles down on its Bitcoin bet ” There’s never a dull day when it comes to crypto as was exemplified recently when the digital asset market dipped by around 50%, eventually taking the total capitalization from its all-time high of $2.5 trillion to around $1.7 trillion. As was expected,…
“# Crypto and ‘meme stocks’ shunned by 90% of UK financial advisers ” More than 90% of 200 independent financial advisers (IFA) in the United Kingdom who participated in a recent poll by research agency Opinium have indicated negative cryptocurrency sentiments with over a third reporting an increase in cryptocurrency-related inquires from clients since the…