Trade Activity Shows Ethereum Whales Are Seeking Refuge In Stablecoins
For a while now, Ethereum whales have been moving their coins around. This has been a direct result of the bear market
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Seeking
Ledger reportedly seeking additional $100 million in funding
Having raised a mammoth $380 million funding at a $1.5 billion valuation in June, French cryptocurrency hardware wallet maker Ledger is looking to raise an extra $100 million, according to a Monday report from Bloomberg.In June, Ledger raised $380 million in a funding round led by 10T Holdings. Now, according
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Apple Seeking Web3-Savvy Content Marketing Directors
One of the listings is for an associate creative director candidate with “demonstrated interest in interactive platforms and Web 3.0.” The other, for a job as an art director, called for “passion for experimentation and innovation, demonstrated interest in Web 3.0,” although Apple has since removed the listing from its
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US Senate Republican Seeking Bipartisan Support for Stablecoin Effort
The top Republican on the U.S. Senate Banking Committee, Sen. Pat Toomey (R-Pa.), said he’s dealing with Democrats to make his earlier proposal on stablecoin oversight a bipartisan effort, and Chairman Sherrod Brown (D-Ohio) confirmed he’s been involved in the discussion. Original Source
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India Hikes Duty on Imported Gold, Seeking to Bring Down Trade Deficit – Economics Bitcoin News
In its attempt to relieve the pressure against the rupee, the Indian government announced on July 1 that it had hiked the duty on imported gold by five percentage points to 12.5%. However, there are fears the import duty hike will spur a resurgence in the smuggling of the commodity.
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Robinhood Shares Spike on Report FTX May Be Seeking to Acquire It
Plans are still in the preliminary stages, according to a report from Bloomberg. Source
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Telegram Launches Premium Tier Benefits Seeking to Monetize Platform – Bitcoin News
Popular messaging platform Telegram has announced it is launching a new premium tier of its services as it seeks to monetize a part of its userbase. Reaching more than 700 million active users monthly, the new tier answers to the need of these users for more bandwidth and storage capacity,
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Portuguese Congress Rejects Two Bills Seeking to Tax Crypto
The proposals were submitted by two leftist parties. The government, which also seeks to apply taxes, hasn’t submitted a proposal so far. Original Source
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Binance Seeking ‘Ideal Point’ for India Launch
Asked about its India vision in the near future, particularly after the struggles for Coinbase and FTX, the Binance spokesperson said India can be a major crypto participant. "More than 10 crore (100 million) Indians own cryptocurrency according to industry reports, and we can tell that mass adoption of crypto
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EOS Community Weighs Legal Action Against Block.one Seeking $4.1B
The EOS Foundation is considering legal action against estranged parent firm Block.one seeking $4.1 billion in damages. Source
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