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SEC Chair Gensler Discusses Crypto Regulation Following FTX Collapse — Says This Field Is ‘Significantly Non-Compliant’
12.11.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined two paths the agency is taking to regulate the crypto industry. Meanwhile, a U.S. congressman is investigating whether Gensler helped FTX CEO Sam Bankman-Fried and his bankrupt crypto exchange on legal...
Russian IT Firms Lobby for Crypto Payments in Software Exports
11.11.2022
Companies developing software solutions for foreign customers are urging Russian authorities to allow them to accept crypto payments. The proposal is part of a package of measures aimed at supporting IT exports suggested by an industry organization to the executive power in Moscow. IT Businesses...
Oil Giant Shell Makes Move Into Bitcoin Mining Industry – Here’s What You Need to Know
11.11.2022
One of the largest oil and gas companies in the world, Shell, aims to offer its lubricant and cooling solutions to bitcoin (BTC) miners.
The giant will sponsor the 2023 and 2024 Bitcoin Conferences, as it signed a two-year partnership with Bitcoin Magazine, the events’ organizer....
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FTX collapse: The crypto industry’s Lehman Brothers moment
11.11.2022
The collapse of FTX came as a surprise to many, but as more information pours in, it seems FTX's liquidity crisis began sooner than many thought
US Senator Says Crypto Needs ‘More Aggressive Enforcement’ — ‘I’m Going to Keep Pushing SEC to Enforce the Law’
11.11.2022
U.S. Senator Elizabeth Warren says the implosion of crypto exchange FTX shows that the crypto industry needs “more aggressive enforcement.” She stressed: “I’m going to keep pushing SEC to enforce the law to protect consumers and financial stability.” However, many...
FTX turmoil increases scrutiny of industry, something institutional investors have been waiting for
10.11.2022
Hedge funds and asset managers are deploying digital asset teams, but lack of regulatory clarity is holding them back
Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX
10.11.2022
According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bail out the crypto trading firm. Singapore’s state investor has been known to have invested in...
The Downfall of Sam Bankman-Fried’s FTX: The Industry Reacts
9.11.2022
STEPN teams up with ASICS and Solana for Web3 fitness industry
9.11.2022
Members of the STEPN team are ecstatic to finally share the news that their company has partnered with ASICS and Solana. This act of bonding was performed with the objective of advancing and developing the Web3-related fitness sector as a whole. This was accomplished through careful selection...
Crypto Exchange Binance Dumping All FTX Tokens on Its Books — CEO Cites ‘Recent Revelations’
7.11.2022
Binance is dumping all of its FTX token (FTT) holdings “Due to recent revelations that have come to light,” CEO Changpeng Zhao has confirmed. “Regarding any speculation as to whether this is a move against a competitor, it is not,” he added. “Our industry is in...
Hydro-Québec Looks to Suspend Power Distribution to Crypto Miners in Bid to Save Capacity
7.11.2022
According to a Hydro-Québec newsroom report, the company has asked the electricity transmission and distribution regulator, Régie de l’énergie, to cease offering services to crypto miners. The Hydro-Québec report stresses that “growth in electricity demand is expected to continue in Québec....
DeFi at the crossroads of the trucking industry to ensure efficient payments
6.11.2022
A handful of organizations are combining crypto with decentralized finance models to create better payment systems for trucking companies
Vietnam Businesses Urge for Blockchain Training of Students and IT Specialists
6.11.2022
Members of the expanding blockchain sector of Vietnam have called on government and educational institutions to turn more attention to the deficit of talent. With the shortage of qualified personnel being a global challenge, they say the country needs to address the lack of training. Industry...
90% of GameFi projects are ruining the industry’s reputation
6.11.2022
Too many projects are releasing over-hyped trailers that they can’t match with gameplay
Foundry Academy Launches Training Program to Produce Top Technicians for BTC Mining Industry
5.11.2022
Foundry Digital, a digital asset mining and a staking-focused subsidiary of Digital Asset Group, has announced the launch of a new bitcoin mining hardware training program. The training course, which is expected to commence on Nov. 7, is expected to help professionals and enthusiasts learn how...
Formula One Team Haas F1 to Mint Branded NFTs With Opensea
4.11.2022
U.S.-licensed Formula One constructor Haas F1 Team has announced a collaboration with non-fungible token (NFT) marketplace Opensea. As part of the agreement, a collection of NFTs will be produced for Haas while Opensea’s logo will appear on its cars. Opensea to Help American Formula One Team Launch...
Tattoo industry expands into the NFT space amid digital culture shift
4.11.2022
Nonfungible tokens may be an option for maximizing monetization and exposure for a tattoo artists' work
Mapping out SevenX Ventures Investment Portfolio
4.11.2022
SevenX Ventures, a crypto investment fund focused on early-stage blockchain projects in Asia, has built over 80 public investment portfolios. The three co-founders, industry veterans, have built portfolios in DeFi, NFT, GameFi, and beyond. Since its launch in 2020, SevenX Ventures has advocated...
Proposed UK Rules Will Make Advertising Crypto a Lot Harder, Industry Warns
4.11.2022
Industry members are sounding the alarm on a proposed measure to require crypto service providers to comply with local advertising rules, which could add an additional layer of authorization to an already complex process
Canadian Energy Provider Hydro-Quebec Proposes Stopping Electricity Supply to Blockchain Industry
3.11.2022
It asked the Canada's energy regulator to suspend the allocation of 270 megawatts already planned for mining in Quebec