{"id":20582,"date":"2022-06-21T19:37:26","date_gmt":"2022-06-21T19:37:26","guid":{"rendered":"http:\/\/egrowonline.com\/?p=20582"},"modified":"2022-06-21T19:37:26","modified_gmt":"2022-06-21T19:37:26","slug":"elon-musks-twitter-deal-bitcoin-adoption-alliance-delayed-cardanos-upgrade-more-news","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=20582","title":{"rendered":"Elon Musk&#8217;s Twitter Deal, Bitcoin Adoption Alliance, Delayed Cardano&#8217;s Upgrade + More News"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<figure class=\"image\"><img decoding=\"async\" src=\"https:\/\/v2.cimg.co\/news\/81724\/207708\/adobestock-499399144-editorial-media-library-original-1209-806.jpg\" alt=\"\" srcset=\"\" width=\"\" class=\"content-img\" \/><figcaption>Source: Adobe\/Ascannio<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p><i>Get your daily, bite-sized digest of cryptoasset and blockchain-related news \u2013 investigating the stories flying under the radar of today\u2019s crypto news.<\/i><\/p>\n<p>__________<\/p>\n<h2>Investments news<\/h2>\n<ul>\n<li>Social media company <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/tags\/twitter\/\"><strong>Twitter<\/strong><\/a>\u2019s board of directors urged shareholders to approve the proposed USD 44bn sale of the company to <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/tags\/elon-musk\/\">Elon Musk<\/a>, <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.axios.com\/2022\/06\/21\/twitter-board-elon-musk-acquisition\">according<\/a> to Axios. However, at the Qatar Economic Forum in Doha, Musk said that there are still a few &#8220;unresolved matters&#8221; about the deal.<\/li>\n<li>Digital asset investment firm <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/tags\/coinshares\/\"><strong>CoinShares<\/strong> <\/a><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/coinshares.com\/news\/coinshares-lists-staked-matic-and-amp-cosmos-etps\">added<\/a> two physically-backed exchange-traded products (ETPs), CoinShares Physical Staked Matic and CoinShares Physical Staked Cosmos, to their range of staked ETPs, listed on Germany\u2019s main market <strong>Xetra<\/strong>.<\/li>\n<li><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/tags\/non-fungible-tokens\">NFT<\/a> marketplace <strong>Magic Eden<\/strong> <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.prnewswire.com\/news-releases\/magic-eden-closes-130m-series-b-round-co-led-by-electric-capital-and-greylock-at-1-6b-valuation-301571902.html\">announced<\/a> that it closed a USD 190m Series B funding round co-led by <strong>Electric Capital<\/strong> and <strong>Greylock<\/strong>, valuing the company at USD 1.6bn. The funds will be used to expand the company\u2019s marketplaces and invest in new tools, they said.<\/li>\n<\/ul>\n<h2>Adoption news<\/h2>\n<ul>\n<li>Professional services organization <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/tags\/deloitte\/\"><strong>Deloitte<\/strong> <\/a>and <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/coins\/bitcoin\/\">Bitcoin (BTC)<\/a>-focused financial services firm <strong>NYDIG<\/strong> <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.prnewswire.com\/news-releases\/deloitte-and-nydig-announce-alliance-to-provide-banking-for-all-with-bitcoin-301571356.html\">announced<\/a> a strategic alliance to help companies implement digital asset capabilities in their businesses. The alliance creates a centralized approach for clients seeking advice on implementing Bitcoin products and services, they added.<\/li>\n<li><strong>IBEX<\/strong>, a company facilitating the onboarding of banks and businesses to Bitcoin\u2019s <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/tags\/lightning-network\/\">Lightning Network<\/a> protocol, has signed 85 new customers in Miami, USA, to allow them to accept BTC payments online and on point-of-sale systems.<\/li>\n<\/ul>\n<h2>Blockchain news<\/h2>\n<ul>\n<li>The engineering team of <strong>Input Output Global<\/strong> (IOG), the company behind the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/coins\/cardano\/\">Cardano (ADA)<\/a> blockchain network, <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/iohk.io\/en\/blog\/posts\/2022\/06\/20\/vasil-upgrade-the-state-of-play\/\">said<\/a> that they are \u201cextremely close to finalizing the core work, with just seven bugs still outstanding to complete the hard fork work, with none currently ranked as \u2018severe\u2019\u201d before they can launch their new hard fork. However, after some consideration, the team has decided not to send the hard fork update proposal to the testnet today to allow more time for testing.<\/li>\n<li><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/coins\/ethereum\/\">Ethereum (ETH)<\/a> scaling platform <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/tags\/polygon\"><strong>Polygon<\/strong><\/a> (<a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/coins\/matic-polygon\/\">MATIC<\/a>) <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.prnewswire.com\/news-releases\/polygon-network-reaches-first-sustainability-milestone-by-achieving-carbon-neutrality-301571777.html\">announced<\/a> that its network has reached carbon neutrality on its road to becoming carbon negative by permanently retiring USD 400,000 in carbon credits to offset 90,000 tonnes of greenhouse gasses emitted since the inception of its blockchain.<\/li>\n<\/ul>\n<h2>Regulation news<\/h2>\n<ul>\n<li>The UK government <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/assets.publishing.service.gov.uk\/government\/uploads\/system\/uploads\/attachment_data\/file\/1083351\/MLRs_SI_2022_-_Consultation_Response_final.pdf\">announced<\/a> it will not implement its proposed version of a rule requiring all senders of funds to &#8220;private&#8221; crypto wallets to collect the identification details of recipients. Based on the feedback received, the <strong>Treasury <\/strong>does not think it would make sense to create a data collection rule for <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/news\/eu-decision-makers-kick-off-negotiations-on-controversial-unhosted-wallets-regulation.htm\">&#8220;unhosted,&#8221;<\/a> or &#8220;private,&#8221; wallets, it said.<\/li>\n<\/ul>\n<h2>Exchanges news<\/h2>\n<ul>\n<li>Crypto market data provider <strong>Kaiko<\/strong> <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/blog.kaiko.com\/kaiko-reveals-partnership-with-deutsche-b%C3%B6rse-group-further-expanding-its-market-reach-for-crypto-cbaeb818ac50\">announced<\/a> a partnership with the <strong>Deutsche B\u00f6rse Group<\/strong> to provide them with tick-level trade data from all covered centralized (CeFi) and decentralized (<a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/tags\/defi\">DeFi<\/a>) cryptoasset exchanges.<\/li>\n<li><strong>FTX.US <\/strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.prnewswire.com\/news-releases\/ftx-us-acquires-clearing-firm-embed-to-enhance-ftx-stocks-301572039.html\">said<\/a> it has acquired clearing firm <strong>Embed Clearing<\/strong> for an undisclosed amount. The platform intends to expand the financial services it offers to US customers, while the acquisition will enable it to route, execute, clear, and custody all customer equities and options accounts and trades through the use of Embed&#8217;s infrastructure and licensure, they said.<\/li>\n<li><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/ext\/bitpanda\/\"><strong>Bitpanda<\/strong><\/a> <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/blog.bitpanda.com\/en\/safety-first-bitpanda-now-registered-bank-spain\">announced<\/a> that it is now officially registered with the <strong>Bank of Spain<\/strong> as a provider of virtual currency exchange services for fiat currencies and the custody of electronic wallets.<\/li>\n<li><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/ext\/okex\/\"><strong>OKX<\/strong><\/a> <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.okx.com\/academy\/en\/introducing-new-sub-accounts-for-custody-trading\">announced<\/a> that it is introducing new sub-accounts for Custody Trading to offer its institutional customers more control over granting different levels of access within their accounts. The new options will include trade freezes, notifications, real-time monitoring, and a kill switch for account owners, among other things.<\/li>\n<li>The CEO of Hong Kong-based crypto exchange <strong>Hoo.com<\/strong> <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/twitter.com\/rx_hoo\/status\/1538801981627957249\">tweeted<\/a> that his company will open withdrawals for some tokens soon after <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/help.hoorhi.shop\/hc\/en-us\/articles\/7639261299353\">announcing<\/a> a day earlier in a blog post that it would be delaying withdrawals for 24-72 hours. At the time of writing, there were still no updates about the withdrawals.<\/li>\n<li>Heavily-backed crypto exchange <strong>Vauld <\/strong>laid off 30% of its workforce amidst the crash in crypto prices, taxation fears, and drastic fall in volumes, Money Control <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.moneycontrol.com\/news\/business\/exclusive-coinbase-backed-cryptoexchange-vauld-lays-off-30-of-its-workforce-takes-other-measures-to-cut-costs-8716031.html\">reported<\/a>, citing undisclosed people aware of the matter. The exchange is backed by <strong>Valar Ventures<\/strong>, which is a firm co-founded by <strong>PayPal <\/strong>founder Peter Thiel, <strong>Pantera Capital<\/strong>, <strong>Coinbase Ventures<\/strong>, and others.<\/li>\n<\/ul>\n<h2>NFTs news<\/h2>\n<ul>\n<li><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/tags\/web3\">Web3<\/a> infrastructure provider <strong>MoonPay<\/strong> launched <strong>HyperMint<\/strong>, a self-service, developer-focused platform that enables users to create, manage, and mint utility NFTs.<\/li>\n<\/ul>\n<h2>Mining news<\/h2>\n<ul>\n<li>Bitcoin self-mining company <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/tags\/bitfarms\/\"><strong>Bitfarms<\/strong> <\/a><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.globenewswire.com\/en\/news-release\/2022\/06\/21\/2465965\/0\/en\/Bitfarms-Adjusts-HODL-Strategy.html\">announced<\/a> that over the past week, it sold a total of BTC 3,000 for approximately USD 62m and closed on its previously announced USD 37m in new equipment financing with NYDIG,<strong> <\/strong>improving corporate liquidity by approximately USD 100m. This brings total BTC holdings to 3,349, inclusive of month-to-date production, which is currently averaging about BTC 14 per day, they said.<\/li>\n<\/ul>\n<h2>Legal news<\/h2>\n<ul>\n<li>Further details have emerged on the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/news\/terraform-officials-banned-from-leaving-south-korea-as-do-kwon-may-apply-for-singaporean-citizenship.htm\">travel ban<\/a> placed on <strong>Terraform Labs<\/strong> employees and associates \u2013 both former and current. Dong-A Ilbo <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/n.news.naver.com\/article\/020\/0003435588\">reported<\/a> that 10 individuals (mainly developers) from Terraform or its affiliate firms have been told not to leave South Korea until prosecutors have completed their probe into the company following last month\u2019s <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/tags\/terra\/\"><strong>Terra<\/strong><\/a> <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/news\/big-wallets-exited-anchorust-while-smaller-fish-continued-to-invest-jump-crypto.htm\">crash<\/a>. Prosecutors are reportedly looking into allegations that the Terra co-founder <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/tags\/do-kwon\">Do Kwon<\/a> \u201cknew there was a possibility\u201d that Terra coins might lose value before the events of early May. The prosecution service has also obtained a warrant to search the company\u2019s tax-related documents.<\/li>\n<\/ul><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cryptonews.com\/news\/elon-musks-twitter-deal-bitcoin-adoption-alliance-delayed-cardanos-upgrade-more-news.htm\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: Adobe\/Ascannio \u00a0 Get your daily, bite-sized digest of cryptoasset and blockchain-related news \u2013 investigating the stories flying under the radar of today\u2019s crypto news. __________ Investments news Social media company Twitter\u2019s board of directors urged shareholders to approve the proposed USD 44bn sale of the company to Elon Musk, according to Axios. However, at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20583,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[44],"tags":[1157,2723,50,1264,2649,9191,589,2583,111,1569,503],"class_list":["post-20582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ada","tag-adoption","tag-alliance","tag-bitcoin","tag-cardanos","tag-deal","tag-delayed","tag-elon","tag-musks","tag-news","tag-twitter","tag-upgrade"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/06\/adobestock-499399144-editorial-media-library-original-1209-806.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/20582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20582"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/20582\/revisions"}],"predecessor-version":[{"id":20584,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/20582\/revisions\/20584"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/20583"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20582"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}