Legal professionals astonished as SBF admits failures, apologizes 12 times in interview
1.12.2022
The former FTX CEO has offered multiple apologies and admitted failings at least a dozen times during the one-hour interview
Bitcoin Price and Ethereum Prediction; Huobi Token Pumps Over 25%
1.12.2022
The cryptocurrency market has exhibited a slight recovery, with Bitcoin, the leading cryptocurrency, jumping more than 2.5% to $16,815 after getting rejected at the $17,250 resistance level. Similarly, Ethereum, the second-most valuable cryptocurrency, is rising, reaching $1,286 after violating...
Binance Acquires Licensed Japanese Crypto Exchange — Prepares to Enter Japan as Regulated Entity
1.12.2022
Cryptocurrency exchange Binance has acquired a regulated Japanese cryptocurrency exchange and is now preparing to enter the Japanese crypto market as a regulated entity. “The Japanese market will play a key role in the future of cryptocurrency adoption,” said the general manager...
Crypto trading firm Auros Global misses DeFi payment due to FTX contagion
1.12.2022
Auros is an algorithmic trading and market-making firm that provides liquidity for exchanges and token projects
Nifty News: Porsche 911 NFTs, BMW files Web3 trademarks, Baby Shark’s NFT game and more...
1.12.2022
BMW and Porsche have both recently ramped up their own Web3 plays, while Baby Shark is dipping into the blockchain gaming sector, but just for kids
First Mover Asia: Bitcoin Rises Again on US Fed Chair's Moderate Remarks
1.12.2022
ALSO: Sam Reynolds writes that shipping giant Maersk and IBM's decision to wind down TradeLens highlights the failure of blockchain-based transparent ledgers, which once held great promise in a range of industries
US Treasury’s Yellen Says Crypto Doesn’t Have Adequate Regulation — Calls FTX Collapse ‘a Lehman Moment’
1.12.2022
U.S. Treasury Secretary Janet Yellen says that the collapse of crypto exchange FTX shows that the crypto industry “really needs to have adequate regulation.” She added: “It’s a Lehman moment within crypto, and crypto is big enough that we’ve had substantial harm with...
EmpiresX 'head trader' to face 4 years of prison over $100M crypto 'Ponzi'
1.12.2022
Two other associates that helped run the U.S.-based fraudulent crypto platform EmpiresX left the country early this year and are believed to be in Brazil
LBRY says it ‘will likely be dead’ following SEC loss
1.12.2022
LBRY Inc noted that while the company is on its last legs, the underlying protocol and blockchain behind the content platform will carry on
Full Transcript: NY Times' Interview With Sam Bankman-Fried
1.12.2022
The New York Times’ Andrew Ross Sorkin interviewed former FTX CEO Sam Bankman-Fried on Wednesday, Nov. 30, as part of the Times’ DealBook Summit. Here is a rough transcript of that conversation
Axie Infinity is toxic for crypto gaming
1.12.2022
Axie Infinity, like most cryptocurrency games, has provided players with an awful experience
The metaverse is happening without Meta's permission
1.12.2022
Despite Facebook’s new name, focus and billions in investment, the metaverse will emerge drastically different from its vision