Ethereum Miners Seem to Be Holding More ETH Than Before as Merge Approaches
It seems as though ethereum miners are holding onto more ETH to foresee price spikes and forked PoW tokens.
The Eurozone’s Energy Crisis Causes Inflation to Sore to 9.1%
Inflation in the Eurozone is now at 8.9%, up from 8.9% in July. This is due to skyrocketing food, energy and gas prices in Europe as a result of the ongoing crisis in Ukraine.
A16z to Build NFT Licencing For Free to Help the Industry
A16z impact on crypto deepens as it plans to release a free licensing system to aid the NFT sector in realizing its “economic potential.”
Goldman Sachs and Robinhood Employees Build New Blockchain For Faster Trading
Bloomberg reports that Sei Labs, a crypto startup, has raised $5 million in order to launch a new cryptocurrency focused on trading.
SEC Warns Investors of Influencers Using FOMO to Panic Buy Crypto
Scammers using investors’ FOMO (fear of missing out) via social media has been warned by the U.S. Securities and Exchange Commission.
More Delays Come For El Salvador’s Bitcoin Bond
Tether and Bitfinex’s chief technology officer said that he is hopeful that the bond will still be issued this year despite the falling bitcoin price.
Private Members NFT Firm Proof Collective Raises $50 Million – a16z Leads Round
Collab+Currency and Flamingo DAO were also part of the round. VaynerFund, Seven Seven Six, VaynerFund, Flamingo DAO and SV Angel are all other participants.
Xterio a Gaming Development Firm Raises $40 Million for Web2 to Web3 Onboarding
Xterio, a publisher and game developer for Web3, has raised $40 Million at a valuation of $300 Million. Jeremy Horn
Thodex – Turkish Crypto Exchange Founder Who Faces Jail Time Found in Albania
Turkish authorities claimed that Faruk Fatih Ozer, founder of Thodex, was today arrested. Previous reports had called for prison time for Faruk Fatih Ozer, which could have been up to over 40,000 years.
DeFi Rally Led by Lido Finance LDO, Ethereum Recovers 10%
As Ethereum’s merge event nears, blue-chip DeFi tokens including Compound and Lido posted substantial gains.
