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“We did not raise funds. Instead, as our ecosystem and portfolio continues to grow, we’ve made, and will continue to make, a series of acquisitions that we are choosing not to disclose at this time,” Dapper Labs spokesperson Rachel Rogers told CoinDesk in an email. Original Source
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Popular Ethereum-based privacy mixer Tornado Cash just got a major upgrade as part of a transition to a highly anticipated v3.On Wednesday Tornado Cash announced the launch of Nova, a major upgrade that will take the protocol to sidechain xDai, allow for variable deposits and withdrawals and enable privacy-preserving “shielded”
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The Indian government should avoid a ban on private cryptocurrencies, according to a report by Indian non-profit organization Centre for Internet and Society (CIS), which has been cited by lawmakers for reference in the past.The report comes as the Indian government is looking to introduce a crypto bill that will
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Other companies censured include pizza chain Papa John’s, which in May offered to give away £10 ($13) in bitcoin with orders over a certain amount. In response, the company said it has a long-running association with cryptocurrency, dating back to May 2010 when it was believed that bitcoin had been
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Since its August launch, the platform has partnered with prominent athletes like Naomi Osaka, Simone Biles, Tiger Woods and Tony Hawk. Besides Brady and the Rosenblatts, the board of directors includes FTX CEO and founder Sam Bankman Fried, Apple’s Eddy Cue, SCS Financial Chairman and founder Peter Mattoon and Discovery
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The bill, which needs Cabinet approval to be heard by the full parliament, isn’t on the agenda for today’s meeting, leaving only one more opportunity - Dec. 22 - a day before parliament’s session ends for the year. Parliament’s next session won’t start until late January or early February
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In an earnings call Tuesday, CleanSpark CEO Zach Bradford called CleanSpark “incredibly undervalued” and highlighted the company’s energy expertise. “We are deploying advanced technologies like renewable energy assets and immersion cooling to make our operations more efficient,” Bradford said. “These efficiency enhancements are expected to increase production and decrease operating
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A bipartisan group of U.S. Senators want Treasury Secretary Janet Yellen to specify how the finance ministry will define a “broker” for crypto tax reporting purposes.In an open letter published Tuesday, Senators Rob Portman (R-Ohio), Mark Warner (D-Va.), Mike Crapo (R-Idaho), Kyrsten Sinema (D-Ariz.), Pat Toomey (R-Pa.) and Cynthia Lummis
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Where does crypto get its value? Where does anything get its value?It’s really quite simple: If enough people agree that something is valuable, it becomes valuable. That was how ancient currencies like gold or even cowrie shells derived their value, and this applies to the value of artwork. It doesn’t
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Bitcoin traded in a tight range around $46,000 on Tuesday. Some traders prefer to remain on the sideline until the U.S. Federal Reserve concludes its two-day monetary policy meeting on Wednesday, which could be a source of market volatility.Despite relative calm in crypto markets, equities traded lower as the CBOE
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