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Business · San FranciscoElon Musk is abandoning his legal battle to back out of buying Twitter by offering to go through with his original $44 billion bid for the social media platform. The mercurial Tesla CEO made the offer in a letter to Twitter, Musk disclosed in a filing Tuesday with the U.S. Securities and Exchange Commission. The filing says he’ll complete deal as long as he gets debt financing and provided that the court gets rid of the lawsuit.
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Musk offers to end legal fight, pay $44B to buy Twitter
53% Center coverage: 270 sources
Business · San FranciscoElon Musk said on Tuesday buying Twitter Inc is an "accelerant to creating X, the everything app." The billionaire proposed to go ahead with his original offer of $44 billion to take the social media company private. Although Musk has not disclosed his plans for Twitter, he has said the service could charge business and government users.See the Story
Musk says Twitter deal is 'accelerant' to creating 'everything app'
50% Center coverage: 28 sources
TradeBank of Namibia has introduced digital belongings and digital asset service suppliers below its fintech improvements regulatory framework. The central financial institution added additionally it is contemplating amending applicable laws and regulations diligently in consultation with other relevant authorities. Johannes Gawaxab, the BON governor and a previous critic of cryptocurrencies, is quoted within the assertion acknowledging the way forward for cash is now a essential level.See the Story
Virtual Assets 'Remain Without Legal Tender Status' but Merchants Can Still Accept Them as Payment – Africa Bitcoin News
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Cryptocurrency · South KoreaSouth Korean authorities have reportedly frozen $40 million in crypto assets, including bitcoin, allegedly belonging to Luna founder Do Kwon. However, Kwon denied that any funds of his have been frozen. A South Korean court issued an arrest warrant for Kwon on Sept. 14. He is accused of fraud after the collapse of the cryptocurrency luna and stablecoin terrausd.See the Story
South Korea Reportedly Freezes Do Kwon's Crypto Worth $40M — Luna Founder Says the Funds Are Not His – Regulation Bitcoin News
BlockchainPlay-to-earn (P2E) game Splinterlands has announced the project has sold more than 10 million packs stemming from the game's third major card expansion series, Chaos Legion. The achievement follows the project's recent partnership with the Major League Soccer Players Association and Warner Music Group.See the Story
Blockchain Game Splinterlands Reveals Gamefi Platform Sold 10 Million Packs of Chaos Legion Series Cards – Blockchain Bitcoin News
White HouseJared Huffman, a United States House of Representatives member, has reportedly queried some U.S. federal agencies. Huffman has called on them to give their response to recommendations contained in a recently released White House report on cryptocurrency mining. A commissioner at the Federal Energy Regulatory Commission, Allison Clements, insists crypto mining should not be singled out from grid studies.See the Story
Federal Energy Agencies' Unwillingness to Act on White House's Crypto Mining Recommendations Miffs US Lawmaker – Regulation Bitcoin News
NFTThe non-fungible token (NFT) and blockchain firm Yuga Labs has announced a community council. The council will be representatives of the Bored Ape Yacht Club (BAYC) and Mutant Ape yacht club (MAYC) BAYC and MAYC communities will then vote on which project will get a grant from the company.See the Story
Yuga Labs Forms Bored Ape Community Council—But Not Everyone in Community Approves
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GamingGameta is the top-ranked gamefi (the intersection of gaming and finance) challenge after it garnered 1.85 million recorded subscribers by September 28. The highest 5 gamefi tasks alone accounted for greater than 70% of September's whole gamefi subscribers within the high 20.Alien Worlds, which touts itself because the primary blockchain sport, occupies the second spot.See the Story
New Study Names Gameta as the Gamefi Project With Highest Monthly Subscribers – Blockchain Bitcoin News
BitcoinOn October 5, the total computational power backing the Bitcoin network tapped a fresh all-time high reaching 321.15 exahash per second (EH/s) Just after the record high, the network's total hashrate was coasting along above the 300 EH/s on Wednesday afternoon (ET) at around 303.87. The last hashrate ATH was recorded on September 11, 2022, at block height 753,647. The hashrate increase has taken place at a time when BTC's mining difficulty also tapped an all- time high.See the Story
Bitcoin's Total Network Hashrate Hits an All-Time High at 321 Exahash per Second – Mining Bitcoin News
BitcoinSolidus Ai Tech has announced a new partnership with Galaxy Arena. Galaxy Arena is currently the only VR Earn game aggregator metaverse hub. The partnership will see Galaxy Arena bring events, attractions and businesses into the metaverse. The metaverse is simply a 3D version of the internet where connected virtual experiences can simulate our world or re-imagine worlds.See the Story
