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Ripple Labs has entered a partnership deal with Bahrain Fintech Bay (BFB) to extend its operations in the Middle East.
Quick Take Roger Ver, also known online as “bitcoin Jesus” was arrested in April 2024 and charged with mail fraud, tax evasion and filing false tax returns. Ver reached a “tentative agreement” with the U.S. Justice Department over criminal tax charges, according to reporting from The New York Times.
Quick Take Matter Labs Co-Founder and CEO Alex Gluchowski unveils the Atlas upgrade to provide faster settlements and more flexible infrastructure
Quick Take Yuma, which is focused on scaling the decentralized AI network Bittensor, is launching an asset management division. Yuma Asset Management will be anchored by a $10 million investment from DCG.
- 06:22Ethstorage announces official mainnet launchAccording to ChainCatcher, the Layer2 solution EthStorage, which provides programmable dynamic storage, announced on October 14 that its mainnet has officially launched. EthStorage brings PB-level, verifiable storage capabilities to Ethereum, making long-term, on-chain data preservation feasible and cost-controllable. This launch marks a key breakthrough in Ethereum's modular roadmap: after having the computation layer (L2 Rollups) and consensus layer (Ethereum L1), a decentralized storage layer has now been added, unlocking Web2-level scale and Web3-level security for the next generation of Web3 applications.
- 06:12Farcaster launches deposit reward campaignForesight News reported that the decentralized social protocol Farcaster has launched a deposit reward campaign. Users who deposit USDC on Base will receive a 10% reward, paid weekly (1% per week, for 10 weeks). In addition, deposits on Base must be made in USDC, and any USDC transferred or exchanged within a week will not generate rewards. The USDC balance must be higher than today's balance to start earning, and the maximum USDC reward per account is $500. The official statement notes that rewards will only be paid to legitimate accounts that clearly belong to individuals.
- 06:12Touareg Group establishes U.S. subsidiary to focus on blockchain infrastructure and digital asset trading platformForesight News reports that Touareg Group has established a U.S. subsidiary, Touareg Group Technologies. The newly formed subsidiary will focus on artificial intelligence, blockchain infrastructure, and digital asset trading platforms, with a particular emphasis on developing a new generation of crypto exchanges. This exchange aims to provide institutional-grade security, a compliant regulatory framework, and trading functionalities to serve both retail and institutional investor groups.