Get the daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the tales flying individually distinct of today’s crypto news.
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Payment news
- Google announced an offer with major crypto exchange Coinbase to allow select customers to cover its Cloud services using cryptoassets for example bitcoin (BTC) at the begining of 2023, according to CNBC. The offer was announced at Google’s Cloud Next conference, it stated. With time, Google allows a lot more people to make payments with cryptocurrency, Amit Zavery, v . p . and gm and mind of platform at Google Cloud, apparently told CNBC. Coinbase will move a number of its applications to Google’s cloud.
- Payments platform Wirex announced the launch of USD gold coin (USDC) around the Stellar (XLM) blockchain inside the Wirex application. It added this announcement is a vital milestone within an ongoing collaboration between Wirex and the introduction of the Stellar Development Foundation (SDF), the non-profit organisation that props up progression of the Stellar network.
- California-based start-up Ripple announced its first On-Demand Liquidity (ODL) customer in France because it partners with Lemonway, a Paris-based payment provider for online marketplaces. Additionally, it announced another new ODL customer, its first in Norway – Swedish cash transfer provider Xbaht, which helps money movement between Norway and Thailand.
Web3 news
- Cable news network CNN is finished its Web3 experiment. Per a comment, it’s “decided that it is time for you to say goodbye” to Vault by CNN. It added it many userful stuff here from the “first foray into Web3” which the Vault non-fungible token (NFT) collection “will survive.”
- Decentralized communication protocol for Web3 Push Protocol announced the launch of their native Web3 messaging application along with a wallet-to-wallet communication protocol, Push Chat. Per the announcement, they launched the Push Chat alpha and opened up up use of select users over the Push community. Polygon Wallet is really a launch partner for Push Chat, setting happens for that intra-wallet chat, they stated.
Exchange news
- Coinbase announced on Monday it received permission in the Financial Authority of Singapore (MAS) because it intends to expand in Asia. “Gaining this in-principle approval from MAS is a vital step, once we intend to launch our full suite of retail, institutional and ecosystem products,” it stated.
Security news
- Layer 1 blockchain QANplatform is just about the target of the bridge hack that led to the thievery of some QANX 1.43 billion, worth over $a million. Blockchain security company Peckshield sounded the alarm first, with QANplatform confirming that “the bridge smart contract that’s offline was hacked and also the attacker were able to withdraw tokens.”
- Blockchain security company Supremacy Corporation. stated today that decentralized finance (DeFi) aggregator ParaSwap might have been compromised, possibly because of a profanity vulnerability, which funds might have been stolen on multiple chains. ParaSwap denied any vulnerability, saying that it’ll release an analysis as well as an explanation later.
DeFi news
- Anubi Digital unveiled DUO, something that enables its people to deploy digital assets in pairs to Uniswap (UNI)’s liquidity pools and produce a stream of crypto rewards with time, stated the pr release.
Investment news
- Bahamas-based digital asset investment firm Jewel Digital Limited provides MinePlex, a brand new-generation digital ecosystem, “with as much as $100 million in funding,” stated an announcement. “The funding will be employed to advance global transmission from the MinePlex ecosystem and the introduction of new banking technologies,” it stated.
Mining news
- Bitcoin miner Greenidge Generation expects a GAAP internet lack of between $20 million and $22 million for that third quarter, it stated in the preliminary financial and operating results. Greenidge reported expected revenue of $29 million.
- Because it celebrates its five-year anniversary Bitcoin mining operation Bitfarms stated that, by September 2022, it achieved operating capacity of 176MW, a hashrate of four.2 exahash/second (EH/s), and roughly 2% share of the market from the Bitcoin network.
