Spanish Telecom Giant Invests in MicroStrategy and Crypto Exchange Looking for a Software Engineer for Bitcoin Lightning + More News

Spanish Telecom Giant Invests in MicroStrategy and Crypto Exchange Looking for a Software Engineer for Bitcoin Lightning + More News

Adoption news

  • As a consequence of a collaboration between Telefonica and Spanish cryptoasset exchange Bit2Me, Spanish telecom company Telefónica is now enabling the use of cryptocurrencies for purchases on its Tu.com marketplace, according to CoinDesk. Telefonica reportedly lead a $29 million financing round in the exchange, according to La Información.

Career news

  • MicroStrategy, a bitcoin-friendly software company, is looking for an engineer for Lightning Network-based solutions. The position of Bitcoin Lightning Software Engineer is described in the job posting as "building a Lightning Network-based SaaS platform, offering organizations with novel solutions to cyber-security concerns and allowing new eCommerce use-cases."

Regulatory news

  • A bill that "would authorize a county recorder to, upon request, issue a certified copy of a birth, death, or marriage record issued pursuant to those provisions, in addition to the required method [...], by means of verifiable credential, as defined, using blockchain technology" was signed into law by California's Governor Gavin Newsom.

Trading news

  • According to CEO Changpeng Zhao, Binance has registered as a financial service provider with the New Zealand Ministry of Business, Innovation, and Employment and has founded Binance New Zealand.

Lawful news

  • According to a petition, creditors of the insolvent cryptocurrency lending company Celsius have moved to subpoena lending company Equities First. The loan agreements between the two businesses, any cash or cryptocurrency transfers between them, and Equities First's failure to reimburse Celsius for the $439 million in collateral are all topics of interest to the creditors.
  • Investors in the cryptocurrency exchange Coinbase who have suffered losses of $250,000 are being urged to get in touch by The Schall Law Firm. According to a press release, it announced the filing of a class action lawsuit against Coinbase for breaking securities regulations and invited investors who bought the company's "securities" between April 14, 2021, and September 21, 2022, to get in touch with the business by October 3, 2022.

News DeFi

  • Following its recent merger with Polygon (MATIC), rhino.fi has announced the expansion of its cross-chain exchange capabilities to BNB Chain. The rhino.fi team launched a novel use case of meta transactions as part of the integration, enabling users to engage in gas-free cross-chain swaps, the company stated.
  • NFT finance guidelines With the aid of a brand-new yield aggregator called BendEarn, BendDAO is taking a proposal to allow apecoin (APE) staking on its platform under consideration.

Business news

  • According to sources familiar with the situation, Uniswap Labs is in talks with a number of investors, including Polychain and one of Singapore's sovereign funds, to raise an equity round of $100 million to $200 million at a valuation of roughly $1 billion.
  • Eight more signatories have been added to the Crypto Market Integrity Coalition, including Bittrex, BitGo, Oasis Pro Markets, Crystal Blockchain, FinClusive, Merkle Science, Tokenomy, and VAF Compliance. With 38 signatures as of right now, the alliance is concentrating on working with regulators, increasing market integrity training, and creating frameworks to address issues related to market manipulation.
  • The crypto investment firm Paradigm, along with Dragonfly, Uniswap Labs Ventures, Hypersphere, and 0x Labs, announced a $11.8 million funding round for Blowfish. According to the statement, Blowfish is a firewall solution developed by blockchain, cybersecurity, and machine learning engineers from Meta, Trail of Bits, 0x Labs, and MakerDAO to empower and safeguard Web3 users by recognizing harmful transactions in real-time.