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The successful bid comes a month after 88.6% of LinksDAO token holders voted in favor of putting in a “compelling offer” for the golf course in its governance vote. The decentralized autonomous organization (DAO)-operated golf startup, Links DAO is primed to become the new owner of the Spey Bay Golf Club in Scotland after successfully winning a bid to buy the course initially listed for just over $900,000. After winning the bid, the DAO has entered into an exclusivity agreement with the vendor and will look to formally close the deal in early April. We won the bid. WE'RE BUYING A GOLF COURSE!!! — Links (@LinksDAO) March 16, 2023 In the meantime, it is undergoing its “due diligence” phase before it officially puts pen to paper, according to CEO Jim Daily in a Twitter Spaces held on March 16. While the initial listing was a tick over $900,000, a report from Golf Digest suggested the final sale price is expected to be higher. Links CEO Daily said that they’re not planning on r...

Before the move, the hacker apparently refunded at least one victim, leading to a slew of on-chain messages from other purported victims. The hacker responsible for the $196 million attack on Euler Finance has begun moving funds into crypto mixer Tornado Cash, only hours after a $1 million bounty was launched to uncover the hacker 's identity. Blockchain analytics firm PeckShield tweeted on March 16 that the exploiter behind the flash loan attack on the Ethereum noncustodial lending protocol was “on the move.” The exploiter transferred 1,000 Ether (ETH), approximately $1.65 million, through sanctioned crypto mixer Tornado Cash. #PeckShieldAlert @eulerfinance exploiter on the move ~1,000 $ETH into Tornado Cash through intermediary address 0xc66d...c9ahttps://t.co/LAkY66YpoF pic.twitter.com/0XhQV1nbgn — PeckShieldAlert (@PeckShieldAlert) March 16, 2023 It comes only hours after Euler Labs tweeted it's launching a $1 million reward for information leading “to the Euler prot...

Increasing Conflux’s Security with xCFX/NUT — LP. Nucleon is pleased to announce the addition of xCFX/NUT LP into the LP Pool family. Nucleon’s launch not only gave liquidity back to the Conflux community via its Liquid Staking (LSD) architecture and xCFX token, it’s played a significant role in increasing Conflux Network’s security through new CFX staking. The LP emissions will be changed to the following weighting for the LP Pools: xCFX / NUT ( 28.57 %) CFX / NUT ( 28.57 %) CFX / xCFX ( 42.86 %) The time of the new emission is set for 10 AM ET on March 14th, 2023 Nucleon aims to become the NO.1 PoS Pool on Conflux. Since Nucleon’s launch on January 31st of this year, we have become the most used staking pool in terms of unique staking addresses, and the second-largest PoS Pool by the amount of CFX staked! On top of that, Nucleon’s APY is the highest, due to the implemented auto-compounding mechanism! Nucleon believes that the additional LP and the updated emission weightage will inc...

Shareholders have accused the bank of falsely claiming to be “financially strong” just three days before it was seized by the state regulator. On March 14, a class action lawsuit was filed against the recently shut down crypto-friendly, New York-based Signature Bank, and its former chief executive office, Joseph DePaolo, chief financial officer, Stephen Wyremski, and chief operating officer, Eric Howell, for allegedly committing fraud Reuters reported.  Shareholders have accused the bank of falsely claiming to be “financially strong” just three days before it was seized by the state regulator. The lawsuit seeks unspecified damages for shareholders who held stock between March 2 and 12, 2023. The lawsuit was filed in federal court in Brooklyn by shareholders led by Matthew Schaeffer. The plaintiffs claim that Signature Bank hid its susceptibility to a takeover by making false or misleading statements about its health. The purpose of these statements was allegedly to curb fears spar...

The company disclosed that it has approximately $142 million in cash deposits at Signature Bridge Bank, which was set up by the FDIC after the shutdown of Signature Bank. Crypto mining firm Marathon Digital Holdings has assured investors that the firm's cash deposits at Signature Bank are secure and available for use as of Mar. 13. In a statement following the closure of New York’s Signature Bank, Marathon disclosed that it has approximately $142 million in cash deposits at Signature Bridge Bank. The Signature Bridge Bank was set up by the United States Federal Deposit Insurance Corporation (FDIC) to manage customer accounts at the recently shut-down Signature Bank. The bridge bank is aimed at ensuring the flow of funds is not interrupted while the regulator searches for a buyer to acquire the assets of Signature Bank. Marathon Digital Holdings' deposits that were held at Signature Bank, New York, NY are secure and available for use as of Monday, March 13, 2023. Read the full...

Companies from different sectors continue to step into the NFT, Web3 , and Metaverse space. Recently, Mike Kondoudis, a USPTO licensed trademark attorney, revealed on Twitter that Nissan has filed for four trademark applications. The Japanese multinational automobile manufacturer’s applications have been filed for its Infiniti, Nismo, and Nissan divisions. The company intends to create virtual clothes, stores, NFTs, Metaverse advertising services, and a marketplace to trade and mint NFTs.  #NISSAN has filed 4 trademark applications for ▶️ INFINITI ▶️ NISMO ▶️ NISSAN The filings signal plans for 🚗Virtual Clothes + Cars 🚗Stores for Virtual Goods + NFTs 🚗NFT Marketplaces + Trading + Minting 🚗Metaverse Advertising Services#NFT #NFTCommunity #Metaverse # Web3 #Car pic.twitter.com/iG3ZVgyD5t — Mike Kondoudis (@KondoudisLaw) March 13, 2023 Also Read: Binance’s New AI NFT Tool ...

Join Our Telegram channel to stay up to date on breaking news coverage What- Binance expands its Binance card product to Colombia Why- The firm expressed that the card is part of the ongoing efforts to bridge the gap between TradeFi and DeFi What Next- The card is in beta testing, as Binance plans to bring its crypto card to other markets around the globe On March 10, Binance, the world’s leading crypto provider, revealed the launch of crypto card in Colombia. This comes after its recent expansions to Brazil and Argentina. The card will be issued by Movii, enabling new and existing users to make purchases and pay bills with cryptocurrencies. All the platform users in Colombia with valid IDs will be making payments using cryptocurrencies such as DOT, ETH, BTC, and many more. Notably, Binance noted that the card is part of the ongoing efforts to bridge the growing crypto gap between TradeFi and DeFi. Additionally, the card may lead to increased digital asset adoption. ...

Join Our Telegram channel to stay up to date on breaking news coverage The  XRP price (the Ripple cryptocurrency), has experienced a 7.8% decrease, dropping to $0.36505 in the past 24 hours. This price drop follows Ripple’s citing of the Bittner verdict as a fair notice defense against the ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC). The legal battle between Ripple and the SEC has been ongoing since December 2020, with the SEC alleging that Ripple conducted unregistered security offerings through the sale of XRP. As the case continues, the outcome remains uncertain and continues to impact the value of XRP in the cryptocurrency market. Ripple Cites Bittner Verdict to Support Fair Notice Defense Against SEC Lawsuit In a recent court filing, Ripple Labs, Inc. made the case that the fair notice defense against the Securities and Exchange Commission (SEC) is supported by the recent Supreme Court ruling in Bittner v. United States. Ripple Labs, ...

Several women suggested that education and grassroots training can be effective tools in promoting diversity within the Web3 ecosystem. Although the Web3 ecosystem is rapidly evolving, the industry still faces many challenges, one of which is its lack of diversity. The underrepresentation of women in the field remains a significant concern, as their involvement is indispensable in addressing some of the critical challenges in the sector. Web3, the next generation of the internet, is an exciting new space creating opportunities for entrepreneurs across various industries. While the field is still somewhat male-dominated, several influential Women entrepreneurs are significantly impacting the Web3 space. — Cointelegraph (@Cointelegraph) March 8, 2023 In a recent interview, several Women in the Web3 industry shared their experiences and insights on the importance of increasing the presence of Women in the field, as well as what can be done to achieve greater diversity . From takin...

Mar 08, 2023 at 07:43 // Price Author Coin Idol Polygon (MATIC) has entered a bearish trend zone. Polygon price long-term forecast: bearish After the price decline on March 4, the current selling pressure has eased. The downtrend has shifted to a sideways movement. After falling to a low of $1.09, the cryptocurrency has been consolidating above the $1.00 support for the last four days. On March 7, the altcoin attempted to resume its uptrend, but encountered resistance at the high of $1.16. If MATIC recovers above the current support, it will resume its up...

Bitcoin and the whole cryptocurrency market were trading in the red for the past few days. The ongoing issues with the Silvergate bank triggered the bloody market. As the market is trying to escape the strangling of a 2022 bear market, the news of inflation hit the streets. In a recent speech on Capitol Hill, Federal Reserve Chair Jerome Powell warned that inflation progress is likely to be bumpy. The market had its usual behavior of reacting to news about inflation and interest rates. Also read: Binance Unveils Major Upgrade to its Proof-of-Reserves At press time, the market reacted slightly to the inflation news, with no major volatility. Bitcoin is trading at $22,370, with a 0.8% drop in the last 24 hours. Source: Context On-chain data shows Bitcoin touched bottom in late November The cryptocurrency realm witnessed one of the most catastrophic events in November 2022, the fall of FTX. The prices of major coins took a toll after the event. On-chain data suggests that...

Jessy, the name behind Jessy’s Hacker House, helped organize four rental houses in Denver for "genuine scrappy" individuals looking for networking opportunities and more. Thousands of developers, hackers, and crypto and blockchain enthusiasts descended upon Denver, Colorado in the United States for the ETHDenver conference from Feb. 24 to Mar. 5. With accommodation a limited resource in the Colorado capital city, many opted to seek refuge from the crowds and tight quarters at "hacker houses" — where sleep is optional and networking is the goal.  Jessy, the name behind one such house — Jessy’s Hacker House — organized four "hacker houses" that hosted 50 participants from the ETHDenver conference and BUIDLWeek — a series of workshops and events as well as a BUIDLathon allowing teams to compete for prizes and investments. Meeting with Cointelegraph at one of their houses on Feb. 28, Jessy and co-organizer Waylon Jepsen kept busy setting up posters and checki...

"NFTfi,” on-chain derivative platforms, decentralized stablecoins and Ethereum L2s are four investment opportunities being looked at closely by one crypto investment firm. Digital asset investment firms poured $2.7 billion into decentralized finance (DeFi) projects in 2022, up 190% from 2021 as investments into centralized finance (CeFi) projects went the other way — falling 73% to $4.3 billion over the same timeframe. The staggering rise in DeFi funding was despite overall crypto funding figures falling from $31.92 billion in 2021 to $18.25 billion in 2022 as the market shifted from bull to bear. According to a Mar. 1 report from CoinGecko, citing data from DeFiLlama, the figures “potentially points to DeFi as the new high growth area for the crypto industry.” It notes that the decrease in Funding towards CeFi could point to the sector “reaching a degree of saturation.” Funding amount by sector in the cryptocurrency market between 2018-2022. Source: CoinGecko. The near three-fol...

Join Our Telegram channel to stay up to date on breaking news coverage The magnitude of the shortfalls discovered in the fiat bank accounts and digital asset wallets connected to the FTX.com and FTX.US exchanges was revealed by a concerted effort to identify and inventory the remaining assets of defunct cryptocurrency exchange FTX, according to a presentation submitted by FTX Debtors in the company’s Chapter 11 bankruptcy cases on Thursday. According to the presentation, assets totaling $2.2 billion have been found, of which only $694 million are the most liquid currencies, such as fiat, stablecoins, BTC, or ETH. Alameda Research has borrowed $9.3 billion net against these holdings and an additional $385 million in customer receivables. And FTX CEO John J. Ray III issued a caution that not all the information is yet available. Ray stated in a news statement that it had taken a lot of work to get this far. The exchanges’ assets were heavily mixed together, and thei...