- Get your daily, bite-sized roundup of cryptoasset- and blockchain-related news – examine the stories that fly under the radar of today’s crypto news.*
Stock Exchange News
- The Mt. The voting period for the civil rehabilitation of Gox for the refund of victims who lost money through hacks to the cryptocurrency exchange ends this Friday, October 8. Adam Back, co-founder and CEO of Blockstream, tweeted that people who lost money on Mt. Gox should vote on the rehabilitation plan as soon as possible, since non-voting is considered an automatic “no”.
- The Mexican Stock Exchange (BMV) is considering listing crypto futures on its derivatives exchange, said CEO José-oriol Bosch. He added that the initiative has been analyzed and discussed with the tax authorities that regulate the BMV, and that the BMV could follow the lead of exchanges in other countries that list them.
- Former New Zealand crypto exchange Cryptopia announced the start of the second phase of its claims process, which now focuses on identity verification of affected users. “Account holders should expect to receive an invitation email to log into the claims portal when their country is ready for verification,” the exchange said.
Adoption News
- Digital asset custody firm Fireblocks has announced that it has been selected to support Bankhaus von der Heydt, a German private bank that provides traditional and digital asset banking, securitisation and fund services. One of the oldest banks (founded in 1754) in the country will use Fireblocks’ depository technology to expand the range of digital assets and crypto services to their customer base.
- The investment platform is introducing crypto trading, according to the Wall Street Journal. The company will offer trading on 10 cryptoassets, including Bitcoin (BTC) and Dogecoin (DOGE).
- Blockchain Research and Development Hub TriliTech has announced the launch of a new London-based hub for research, development and adoption of the Tezos (XTZ) blockchain. TriliTech will work with partners and developers in the Tezos ecosystem to support protocol upgrades and propose new features for the network.
- Andrew Yang, the former member of the U.S. Democratic Party and primary race, has unveiled his new political organization called “The Forward Party” and confirmed support for the broader cryptocurrency industry. He added that the Universal Basic Income (UBI) does not have to be in fiat.
Mining News
Bitfarms Ltd., A Bitcoin mining company, said it had signed engineering, Procurement and Construction (EPC) contracts and started building a manufacturing facility in Argentina. As already announced in April 2021, the new plant is expected to provide 210 megawatts (MW) of infrastructure power in 2022 at a contractually agreed price of 2.2 US cents per kilowatt hour using electricity from a private energy company, they added.
Investment News
- Crypto staking platform Stader Labs has raised USD 4m in a seed funding round led by Pantera Capital with participation from Coinbase Ventures, True Ventures, Jump Capital, Huobi Ventures, TerraForm Labs, Solana Foundation, Near Foundation and others, the Economic Times reported. The team plans to accelerate product development across multiple blockchains and marketing efforts targeting a global crypto audience, as well as introducing products and features in the future to help users maximize their bet returns.
- The decentralized content-sharing platform Creaton has raised €1.1 Million in a financing round. The platform claims that it gives creators full ownership and control over their own content, and they can also accept paid subscriptions from their fans and earn cryptocurrency rewards for their content.