Cointelegraph By Prashant Jha
Reddit’s r/CryptoCurrency community has fired two moderators who were found to be involved in insider trading of the Moons (MOON) token, Cointelegraph has confirmed.As Cointelegraph reported on Oct. 20, at least three wallets linked to Reddit group moderators dumped hundreds of thousands of dollars worth of MOON tokens...
Google Cloud has partnered with blockchain infrastructure firm MultiversX (formerly Elrond) to boost its Web3 presence. Google Cloud’s BigQuery data warehouse has integrated with MultiversX, which will help Web3 projects and users derive valuable insights from powerful data analytics and artificial intelligence tools within the Google Cloud ecosystem.MultiversX...
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in DeFi was dominated by developments in the popular decentralized exchange platform Uniswap after it announced a 0.15%...
Popular social network platform Reddit announced the wind-down of its blockchain-based community points program on Oct. 17 citing scalability issues. The announcement created controversy in the crypto community with many calling it a rug-pull as the price of the native token on different subreddits tanked after the announcements. Each...
Coinbase crypto exchange chief legal officer Paul Grewal called on the crypto community to join the movement against the United States Treasury’s proposed tax reporting regulations on cryptocurrencies. Grewal urged the community to oppose the proposed regulations, as they could set a dangerous precedent for surveillance.Grewal took to...
Fintech payments company Ripple released a new job posting on Oct. 16 for a shareholder communications senior manager across multiple locations in and outside the United States. The job posting prompted many crypto enthusiasts to label it as an official hint about the company’s plans to go public.The job...
The Reserve Bank of Australia (RBA) is open to using a central bank digital currency (CBDC) as the future of money, where state-issued digital money would represent a tokenized form of central bank reserves.In a speech titled “A Tokenised Future for the Australian Financial System,” Brad Jones, assistant governor...
Asian and European stock markets faced sharp declines on Friday, with China spearheading the downturn as its September Consumer Price Index (CPI) showed no growth. Markets pundits say weak economic indicators from China could cause concern for the global economy.European stocks also traded lower on Friday due to...
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.In this week’s newsletter, European securities regulators have published a report on the DeFi ecosystem that lists the risks it poses...
The ongoing trial of former FTX CEO Sam Bankman-Fried has uncovered a series of explosive revelations in the form of testimonies from former key FTX and Alameda Research executives. The latest court proceedings on Oct. 12 saw former Alameda CEO Caroline Ellison testify for the third day, following which...
