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Get your daily, bite-sized roundup of cryptoasset and blockchain-related news – investigate the stories flying under the radar in today’s crypto news.
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payment messages
- Google announced a deal with a major crypto exchange coin base to allow selected customers to pay for it Cloud Services using cryptoassets like Bitcoin (BTC) in early 2023, according to CNBC. The deal was announced at Google’s Cloud Next conference, it said. Over time, Google will allow many more customers to make cryptocurrency payments, Amit Zavery, vice president and general manager and head of platform at Google Cloud, reportedly told CNBC. Coinbase will move some of its applications to Google’s cloud.
- payment platform Wirex announced the launch of USD coins (USDC) on the Stellar (XLM) blockchain within the Wirex app. It added that this announcement is an important milestone in an ongoing collaboration between Wirex and the development of the Stellar Development Foundation (SDF), the non-profit organization supporting the growth and development of the Stellar Network.
- California startup ripple announced its first On-Demand Liquidity (ODL) customer in France as a partner lemon way, a Paris-based payment provider for online marketplaces. It also announced a second new ODL customer, its first in Sweden – a Swedish money transfer provider Xbahtenabling money transactions between Sweden and Thailand.
Web3 News
- cable news network CNN has finished its Web3 experiment. According to an announcement, it has “decided it’s time to say goodbye”. Vault by CNN. It added that it learned a lot from its “first foray into Web3” and that the Vault collection of non-fungible tokens (NFT) will “live on”.
- Decentralized communication protocol for Web3 push protocol announced the launch of its native Web3 messaging app and a wallet-to-wallet communication protocol, push chat. Per the announcement, the team launched the push chat alpha and opened access to select users in the push community. Polygon wallet is a launch partner for push chat and is setting the stage for intra-wallet chat, they said.
exchange messages
- coin base announced on Monday that it has received a license from the Monetary Authority of Singapore (MAS) as it plans to expand in Asia. “Receiving this approval in principle from MAS is an important step as we plan to launch our full range of retail, institutional and ecosystem products,” it said.
Security News
- Layer 1 blockchain QAN platform became the target of a bridge hack that resulted in the theft of around 1.43 billion QANX worth over $1 million. Blockchain security company pointed shield first sounded the alarm, with QANplatform confirming that “the bridge smart contract that is offline has been hacked and the attacker managed to withdraw tokens”.
- Blockchain security company supremacy inc. the decentralized finance (DeFi) aggregator said today. ParaSwap may have been compromised, possibly due to an obscenity vulnerability, and funds may have been stolen across multiple chains. ParaSwap denied any vulnerability and said it would release an analysis and statement later.
DeFi news
- Anubi Digital revealed DUOa service that allows its customers to provide digital assets in pairs Uniswap (UNI) pools liquidity and earns a stream of crypto rewards over time, the press release states.
investment news
- Bahamas-based digital asset investment firm GEM Digital Limited has provided MinePlex, a new-generation digital ecosystem, “with up to $100 million in funding,” according to a press release. “The funding will be used to fuel the global penetration of the MinePlex ecosystem and the development of new banking technologies,” it said.
Mining news
- Bitcoin miner Greenidge generation expects a GAAP net loss of between $20 million and $22 million for the third quarter, according to its preliminary financial and operating results. Greenidge reported expected sales of $29 million.
- It celebrates its fifth year in bitcoin mining operations bit farms said that as of September 2022, it had reached 176 MW of operational capacity, a hash rate of 4.2 exahash/second (EH/s), and about 2% market share of the Bitcoin network.
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