Spanish Telecom Giant Invests in Crypto Exchange, MicroStrategy Searching for any Bitcoin Lightning Software Engineer + More News

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Get the daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the tales flying individually distinct of today’s crypto news.

Adoption news

  • Spanish telecom giant Telefónica is allowing using crypto for purchases on its marketplace, that is the effect of a partnership between Telefonica and Spanish cryptoasset exchange Bit2Me, CoinDesk reported. Per La Información, Telefonica brought a $29 million investment round within the exchange. 

Career news

  • Bitcoin-supporting software company MicroStrategy needs an engineer for Lightning Network-based products. Per the ad, they’re searching for any Bitcoin Lightning Software Engineer who “will develop a Lightning Network-based SaaS platform, supplying enterprises with innovative methods to cyber-security challenges and enabling new eCommerce use-cases.”

Regulation news

  • California, USA, Governor Gavin Newsom approved an invoice that “would authorize a county recorder to, upon request, issue an authorized copy of the birth, dying, or marriage record issued pursuant to individuals provisions, additionally towards the needed method […], by way of verifiable credential, as defined, using blockchain technology.”

Exchange news

  • Binance has registered like a Financial Company using the Nz Secretary of state for Business, Innovation and Employment, and it has formally launched Binance Nz, announced Chief executive officer Changpeng Zhao.

Legal news

  • Creditors from the bankrupt crypto finance company Celsius has progressed to subpoena finance company Equities First, per a filing. The creditors are trying to find details about the borrowed funds contracts backward and forward companies, about any change in cash or crypto backward and forward, and why Equities First didn’t repay the $439 million collateral to Celsius.
  • The Schall Law Practice is asking for crypto exchange Coinbase investors with losses of $250,000 to make contact with the organization. It announced the filing of the class action lawsuit suit against Coinbase for violations of securities laws and regulations, inviting the investors who purchased the business’s “securities” between April 14, 2021, and September 21, 2022, to make contact with the firm before October 3, 2022, based on the pr release.

DeFi news

  • has expanded its mix-chain swap abilities to BNB Chain following its recent integration with Polygon (MATIC), stated a comment. Included in the integration, the team deployed a singular use situation of meta transactions, allowing users to see gas-free mix-chain swaps, they added.
  • NFT finance protocol BendDAO is thinking about an offer to allow apecoin (APE) staking on its platform using a new yield aggregator product BendEarn.

Investment news

  • Uniswap Labs is engaging with numerous investors including Polychain and something of Singapore’s sovereign funds to boost an equity round of $100 million to $200 million in a valuation of approximately $1 billion, TechCrunch reported, citing sources acquainted with the problem.
  • The Crypto Market Integrity Coalition announced adding 8 new signatories: Bittrex, BitGo, Oasis Pro Markets, Very Blockchain, FinClusive, Merkle Science, Tokenomy, and VAF Compliance. The coalition now totals 38 signatories and aims its focus at engaging with regulators, evolving market integrity training, and developing frameworks to deal with concerns surrounding crypto market manipulation.
  • Blowfish announced an $11.8 million funding round brought by crypto investment firm Paradigm, with participation from Dragonfly, Uniswap Labs Ventures, Hypersphere, and 0x Labs. Per the announcement, Blowfish may be the firewall technology produced to empower and safeguard Web3 users by identifying malicious transactions in tangible-time, whose team consists of blockchain, cybersecurity, and machine learning engineers from Meta, Trail of Bits, 0x Labs, and MakerDAO.

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