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Bitcoin Mining Pool F2pool Acknowledges OFAC Transaction Censorship; Backpedals After Community Backlash
24.11.2023
F2Pool, a Bitcoin mining pool, has admitted to filtering transactions coming from Bitcoin addresses flagged by the Office of Foreign Assets Control (OFAC). After the situation was discovered by 0xB10C, a Bitcoin developer, F2pool co-founder Chun Wang acknowledged that his pool was indeed applying...
Kraken Co-founder Says Crypto “Feels More Fair” After CZ’s Guilty Plea
23.11.2023
Source: Pixabay “The crypto game feels a bit more fair today,” Kraken co-founder Jesse Powell said in an X post on Wednesday. In the wake of Binance co-founder Changpeng Zhao stepping down as CEO and pleading guilty to criminal charges of money laundering, Powell held nothing back in his assessment...
Solana’s genesis story — Anatoly Yakovenko's vision for a high-performance blockchain
23.11.2023
Solana co-founder Anatoly Yakovenko recounts the “eureka moment” that birthed the blueprint for the layer one smart contract protocol aimed to be “hyper-optimized” and “fast as possible”
Kraken co-founder hails ‘more fair’ playing field as DOJ fines Binance
23.11.2023
Jesse Powell sees CZ’s and Binance’s legal proceedings as a positive change, as “going after the most egregious offenders offshore would require effort.”
Social Media Speculates if F2Pool is Censoring Transactions, Founder Responds
22.11.2023
0x10BC, a Bitcoin development blogger, has unveiled data potentially suggesting that F2Pool has censored a number of recent transactions. What 0x10BC’s data says 0x10BC, who runs a mining pool observation project with the aim of detecting potential unrecognized potential Bitcoin transactions...
Sam Altman to Return Back to OpenAI: What’s Going On?
22.11.2023
Source: Pixabay Sam Altman, the ousted OpenAI founder, will return back to run the company as the CEO under a new board. In a bizarre reversal drama, the co-founder of the leading generative artificial intelligence startup will rejoin the company, days after he was pushed out of it. Per a post on...
Crypto Isn’t Going Anywhere: Industry Leaders Optimistic Despite Binance Crackdown
22.11.2023
Source: Adobe / XaMaps Following Binance’s massive $4.3 billion fine and founder and CEO Changpeng “CZ” Zhao’s decision on Tuesday to step down from the company, industry leaders have been reassuring the community that crypto is here to stay, and that it’s likely to come out even...
Kraken Exchange CEO Jesse Powell Slams SEC for ‘Assault on America’
22.11.2023
Jesse Powell. Source: a video screenshot, Bloomberg Technology / YouTube Jesse Powell, co-founder of crypto exchange Kraken, has called the US regulators masochists attacking America and extortionists chasing crypto companies out of the country. Powell came after the country’s regulators...
Lightspark’s CEO David Marcus Recognizes Current Non-Custodial Lightning Network Solutions Imply ‘Some Form of Compromise’
22.11.2023
David Marcus, co-founder and CEO of Lightspark, an institutional Lightning Network (LN) payment solutions provider, referred to the state of custodial and non-custodial transactions on the network. While Marcus believes that custodial LN for institutions is ready for prime time, he acknowledged...
Binance Founder CZ Writes to Staff: I have to deal with some pain, but will survive
22.11.2023
Source: X / @cz_binance Binance founder and former CEO Changpeng Zhao issued an internal memo to Binance staff following his guilty plea to several charges, including money laundering. The cryptocurrency exchange giant has agreed to pay a $4.3 billion penalty as part of the legal resolution. In...
Sam Altman’s Role at Worldcoin Remains Unchanged Despite OpenAI Controversy
22.11.2023
Source: OpenAI Sam Altman‘s role at Worldcoin is expected to remain unchanged despite the recent OpenAI controversy. Altman, who was ousted as CEO of OpenAI last week, is also a co-founder of the crypto company Worldcoin and currently serves as chairperson of its developer, Tools...
Former Binance CEO CZ Released on $175 Million Bond, Sentencing Hearing Set for February 2024
22.11.2023
Source: GeekWire/ Taylor Soper The founder and former CEO of Binance, Changpeng “CZ” Zhao, has been released on a $175 million personal recognizance bond. This follows his guilty plea to charges of violating the Bank Secrecy Act. A plea made during a court appearance where federal...
Is Binance Big Enough to Survive a $4.3B Fine and Founder CZ’s Ousting?
22.11.2023
Binance Founder Changpeng 'CZ' Zhao Released on $175M Bond, Will Be Sentenced in February
22.11.2023
Binance founder and former CEO Changpeng "CZ" Zhao has been released from custody on a $175 million personal recognizance bond
DOJ Holds Press Conference on Binance, “CZ” Announces New CEO
21.11.2023
Founder and former CEO of Binance, Changpeng Zhao, announced his replacement today as the Department of Justice held a press conference announcing significant cryptocurrency enforcement actions against his company. Binance makes a “complete exit” Zhao has pleaded guilty to “willfully...
Blur Founder Launches New Layer 2 Network Blast, Raises $55 Million Within Hours
21.11.2023
Source: Pixabay Blast, Ethereum’s latest Layer 2 network, has gone live in an “early access” mode. In an X post on Monday, Blast announced its intention of becoming the inaugural Ethereum Layer 2 platform to introduce a built-in yield model. The company’s $20 million initial funding round...
Binance CEO Changpeng “CZ” Zhao Resigns and Pleads Guilty – What’s Going On?
21.11.2023
Changpeng Zhao, the co-founder and CEO of Binance, has pled guilty to violating criminal U.S. anti-money laundering requirements and will forfeit his executive position at the crypto exchange. Expected to appear in Seattle federal court on Tuesday afternoon, Zhao (commonly known as CZ) will...
OpenAI Scrambles to Prevent Staff from Leaving, Having “Intense Discussions” – Report
21.11.2023
Source: Unsplash Top management of artificial intelligence company, OpenAI, are scrambling to “reunify” the organization following the dramatic ousting of co-founder, Sam Altman. According to a report by Bloomberg News, OpenAI’s Vice President for Global Affairs, Anna Makanju, assured...
'We Are Prepared to Go to the Mat:' ENS Founder on Patent Dispute With Unstoppable
21.11.2023
ENS Founder Nick Johnson told CoinDesk he’s unhappy with Unstoppable Domains's patenting of work that he claims he produced and published earlier
Kraken Co-Founder Jesse Powell Blasts SEC as ‘Top Decel,’ Says Crypto Should Exit US
21.11.2023
Kraken co-founder Jesse Powell strongly criticizes SEC after lawsuit, says crypto should leave the US. Image by IB Photography, Adobe Stock. Kraken co-founder Jesse Powell did not mince words recently when he criticized the United States Securities and Exchange Commission (SEC) for suing...