Three Arrows Capital fund moves over 300 NFTs to a new address

Starry Night Capital, a nonfungible-token (NFT)-focused fund launched by the co-founders of the now-bankrupt hedge fund Three Arrows Capital (3AC), has moved over 300 NFTs out of its address, according to reports.  The Starry Night Capital was founded last year by Su Zhu and Kyle Davies, and pseudonymous NFT collector Vincent Van Dough. At the time, the fund planned to […]

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Can Increased Odds of a Recession Cause Crypto to Rise?

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK).  After a painful week for the stock market in the U.S., the S&P 500 had its best day since July, growing by 2.59%. S&P 500 futures are also up over 1.8%. This has led Bitcoin to rise over 4% overnight. This rise in the stock market was a result of […]

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CFTC can issue summons through Ooki DAO's help chat box, says judge

The United States Commodities Futures Trading Commission can serve members of the Ooki decentralized autonomous organization, or DAO, with summons through online communications, according to a federal judge. In an Oct. 3 order granting a CFTC motion, U.S. district judge William Orrick said the commission could provide a copy of its summons and complaint through Ooki DAO’s help chat box […]

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DogeCoin Surges 8% On News That Elon Musk Will Buy Twitter

Tesla Inc. Chief Executive Elon Musk is proposing to buy Twitter Inc. for $25 billion, or $54.20 a share, Bloomberg and other media outlets have reported. The proposal was submitted in a letter to Twitter’s board of directors, according to people familiar with the matter who asked not to be identified discussing confidential information. Twitter shares rose as much as […]

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Grayscale Bitcoin Trust terminates material agreements with Genesis

According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Grayscale Bitcoin Trust has terminated two agreements with cryptocurrency broker Genesis. First, Genesis will no longer assist Grayscale in the distribution and marketing of the latter’s shares. Second, from Oct. 3 onwards, Genesis will no longer be an authorized participant of the trust but will continue to […]

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$MANA: Samsung Sets Up ‘House of SAM’ in Ethereum-Powered Metaverse Decentraland

On Saturday (October 1), Samsung Latin America reportedly opened virtual experience store “House of Sam” in the Ethereum-powered metaverse Decentraland ($MANA). Here is how Binance Academy explains what Decentraland is: “Decentraland is a virtual world and community based on blockchain technology. Users develop and own plots of land, artwork, and Non-Fungible Tokens (NFT). Members also participate in the platform’s Decentralized Autonomous Organization […]

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Latin Grammy Awards signs three-year contract for award show NFTs

This year’s 64th Latin Grammy Awards will have its first-ever nonfungible token (NFT) collection after the Latin Recording Academy signed a three-year contract for award show-related NFTs. The aforementioned partnership is between the Latin Recording Academy, which is behind the Latin Grammys, and OneOf, a Web3 music platform. Each collection, which will lead up to that year’s award show, will […]

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Binance opens two new offices in Brazil as team doubles since March

Changpeng “CZ” Zhao-led crypto exchange Binance has opened up two offices in Brazil as the firm looks to tap the country’s emerging crypto market, with reportedly more than 34.5 million crypto users there. According to an Oct. 3 announcement, Binance has now opened offices in São Paulo and Rio de Janeiro, with more than 150 employees to be spread across […]

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