At The Daily Encrypt we aim to provide the latest crypto news and blockchain technology news for investors and like minded individuals. Our duty as an authoritative voice in the industry is to provide fast but reliable crypto news and data. We publish on average 15-20 stories everyday 7 days a week and aim to be the first to provide the latest news whilst also maintaining credibility. The Daily Encrypt provides breaking news stories daily and also technical data for better investment decisions. The Daily Encrypts PRO Data arm is expanding rapidly and is completely free to use.
One of Singapore’s Biggest Banks DBS Buy Land in The Metaverse Through The SandboxDBS Sandbox Metaverse•by Elena Argyros / 12hDBS has partnered up with The Sandbox in order to create a metaverse experience. The bank will also purchase a 3×3 plot of land in The Sandbox. DBS , Singapore’s largest bank, announced a partnership to The Sandbox, a virtual gaming world that is decentralized and a subsidiary company of Animoca Brands. DBS will purchase land in The Sandbox and create a metaverse experience as part of the partnerInvestor Concerns Make Bolts Acquisition of Wyre BreakdownBolt Deal Firm Wyre•by Vitalik Ivanov / 13hInvestor concerns led to the cancellation of the $1.5 billion deal. This deal would have been the largest non-SPAC acquisition of crypto. Bolt, a one-click checkout company, has withdrawn from a $1.5 billion acquisition of Wyre crypto payment provider Wyre. Axios first reported . It was the largest non-SPAC acquisition of crypto at the time it was made public. According to Axios, investors were wProject Management Without the Managementby ShortcutsponsoredPlan, collaborate, build, and measure success with Shortcut. Try it for free.Vitalik Buterin Shows Support by Attending The 2022 Kyiv Tech Summitby Vitalik Ivanov / 16hAccording to the Ethereum co-founder, he would like to visit Ukraine and see for himself what it is like. Vitalik Buterin, co founder of Ethereum, surprised attendees at the Kyiv Technology Summit yesterday in support of the war-torn nation. The appearance was closely guarded by security reasons, CoinDesk was told by the organisers. Buterin’s presence in Kyiv is especially notable because EthereuPost Merge Fork Hopes Increases Ethereum DeFi Borrowing DeFiby Felipe Rodriguez / 18hDeFi degens borrow ETH in hopes of being airdropped a brand new coin if there is a fork following the merger. Pools are now limiting borrowing. The merger event of Ethereum is just days away and the whole industry is gearing up for the most anticipated upgrade. Bounty hunters are on the lookout to find any bugs in the code. ConsenSys, a blockchain company, is launching “sustainable” NFTs to markChinese Authorities to Crack Down on NFTs That Abuse Copyright LawsChina NFT Copyright•by Elena Argyros / 20hChina’s authorities are targeting creators of digital collectibles that are based on works of other artists. This government offensive is part a campaign to fight online copyright infringements and piracy. It involves the participation of many departments. In collaboration with the Ministry of Industry, Information Technology, Ministry of Public Security and the State Internet Information Office
Senators Probe Meta’s CEO on Controlling Crypto Scams on Social MediaMeta Mark Zuckerberg•by Vitalik Ivanov / 22hFTC data indicates that 49% reported cryptocurrency frauds referred to scams perpetrated on social media between January 1, 2021 and March 31, 2022. Six Democratic senators wrote to request detailed information by Oct. 24 in response to a number of questions. Mark Zuckerberg, CEO of Meta Platforms was asked by a group Democratic senators about his company’s efforts to combat cryptocurrency scamsMicroStrategy Wants to Purchase $500 Million Worth of Bitcoinby Elena Argyros / 23hMicroStrategy may sell up to $500,000,000 in class A common stock, according to a new filing. This could also allow it to buy more bitcoin. MicroStrategy could be sold up to $500,000,000 in class A common stock, and could also buy more bitcoin. A new prospectus has been filed with the Securities and Exchange Commission. It states that the company has reached an agreement with Cowen and Company anEthereum Developers Launch Successful Final Merge TestEthereum Merge Bellatrix•by Vitalik Ivanov / 1dAccording to Ethereum core developers, today’s network’s 13th shadow fork was executed without apparent problems. The network’s developers deployed testing in the excitement surrounding Ethereum’s anticipated merge. This is to ensure that everything runs smoothly when the second largest cryptocurrency by market capitalization, transitions to proof-of-stake next week. Ethereum has today completedThe IMF Say They are Ready to Work With India on Crypto RegulationGeorgieva IMF India•by Felipe Rodriguez / 1dNirmala Sitharaman (India’s finance minister) has called on the International Monetary Fund to play a “lead role” in regulating cryptocurrency assets. Kristalina Georgieva, IMF’s Managing Director, says that the global organization is ready to work alongside India on issues such as climate change and crypto regulation. Nirmala Sitharaman, Indian Finance Minister, met Kristalina Georgieva (managinNFTs Can Now Be Minted on Russian Bank Sberbank’s BlockchainRussia Sberbank Nfts•by Elena Argyros / 1dSberbank, Russia’s largest bank, has decided to make it possible for users to issue non-fungible tokens (NFTs) on its blockchain platform. Sberbank also plans to work with galleries and art sites across the country. Sberbank’s fourth quarter will see the release of a new option that allows users to issue their own tokens, Anatoly Popov, the bank’s deputy chairman, announced during the Eastern Eco
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