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Samsung Is Investing More Than $35 Million in Latam-Focused Metaverse Initiatives

24.12.2022
Samsung, the Korean electronics behemoth, has revealed it is currently investing more than $35 million dollars in metaverse initiatives for the Latam audience. The objective behind this move is to help the brand attract and connect with younger audiences, as part of its digital push and growth...

What is the Petrodollar System & Why Could Bitcoin Fix It?

24.12.2022
In a world where economies depend on oil and the resource is predominately denominated in US dollars, the United States has acquired immense power for itself. But how long can this power last, and can bitcoin fix today’s system called the petrodollar system? This guide will explore...

Judge pulls out of SBF-FTX case citing husband's law firm's advisory link

24.12.2022
Judge Abrams’ withdrawal from the FTX case eradicates any conflict of interest in the FTX case because Andres continues to serve as a partner at Davis Polk & Wardwell, a law firm that advised FTX in 2021

Bank of England’s Cunliffe Pushes for Crypto Regulation — Sees ‘Real’ Benefits for UK

24.12.2022
Bank of England Deputy Governor Sir Jon Cunliffe has revealed that the British central bank is planning to step up its efforts to regulate cryptocurrency trading with new laws. “We should think about regulation before it becomes integrated with the financial system and before we could have...

Elon Musk: Recent Fed Rate Hikes Might Go Down in History as Most Damaging Ever

24.12.2022
Tesla CEO and Twitter chief Elon Musk says the Federal Reserve’s recent rate hikes “might go down in history as most damaging ever.” The billionaire has urged the Fed to cut interest rates immediately, emphasizing that the U.S. central bank is “massively amplifying...

Santas and Grinches: The heroes and villains of 2022

24.12.2022
Here’s a list of the 12 individuals who had the most impact — for better or worse — on the crypto industry this past year

SEC Will Use All Available Tools to Crack Down on Crypto Firms That Aren’t in Compliance With Its Rules, Says Chair Gensler

24.12.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has revealed that the regulator will use all available tools to bring crypto platforms into compliance with its rules. In addition, the SEC chief said: “Proof of reserves is neither a full accounting of...

Economic frailty could soon give Bitcoin a new role in global trade

24.12.2022
Aggressive interest rate hikes have wrought havoc on global markets. As a consequence, more countries may embrace Bitcoin in the year ahead

Caroline Ellison’s Testimony Claims FTX Boss SBF Directed Her to Co-Mingle Customer Funds Since 2019

23.12.2022
On Dec. 23, 2022, Matthew Russell Lee from the Inner City Press published the recently unsealed guilty plea transcript of Caroline Ellison, Alameda Research’s former CEO. In her statements, Ellison describes that she was the co-CEO and CEO of Alameda, and under those roles, she reported directly...