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Chia Network Faces IPO Setback, Lays Off 26 Workers – Bear Market Woes Continue?
3.10.2023
The bear has claimed more victims: blockchain and smart-contract platform Chia Network announced today that it has fired nearly 30 of its staff, at the time the company is making moves to go public in the US.
According to the post on the project's Twitter account, Chia has "eliminated...
US SEC's Ethereum ETF Approval Officially Confirms Its Non-Security Status, Says Former CFTC Chairman
3.10.2023
The recent approval of Ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) officially establishes Ethereum's status as a non-security, former CFTC Chairman and Head of Policy at a16z Crypto, Brian Quintenz, posted on X today.
On October 2, a total of nine...
Binance CEO Changpeng Zhao Faces Class-Action Lawsuit Over Alleged Role in FTX's Collapse
3.10.2023
Binance CEO Changpeng Zhao and Binance.US are facing a class-action lawsuit filed by a California resident Nir Lahav for their alleged role in causing the downfall of rival exchange FTX.
The lawsuit further accuses them of various violations of federal and California law related to unfair...
SEC continues to delay decisions on crypto ETFs: Law Decoded
2.10.2023
The latest delays came two weeks before the second deadline for many applicants
Sam Bankman-Fried Wanted to Pay Donald Trump $5 Billion to Not Run for President in 2024, Big Short Author Claims
2.10.2023
Former FTX CEO Sam Bankman-Fried explored the possibility of offering Donald Trump a staggering $5 billion to dissuade him from running for the United States presidency in 2024, Big Short author Michael Lewis revealed.
During a 60 Minutes interview on October 1, Lewis revealed Sam Bankman-Fried's...
V USA může kvůli umělé inteligenci přijít o práci 2,4 milionů lidí. Ohrožení jsou ti s vyšším vzděláním
1.10.2023
Generativní umělá inteligence nahradí ve Spojených státech do roku 2030 více než dva miliony pracovních míst. Nejvíce ohroženi jsou lidé s vyšším vzděláním a většími platy. Informace o prognóze dopadů generativní umělé inteligence přinesl magazín TechSpot.
Konkrétní vyhlídky jsou takové, že do
Bitcoin’s Hashrate Holds Steady Above 400 EH/s Amid Sky-High Network Difficulty
29.9.2023
Amid the soaring network difficulty, Bitcoin’s hashrate remains resilient, firmly holding above the 400 exahash per second (EH/s) frontier. A total of 43 mining pools channel their hashpower at the Bitcoin blockchain, yet, it’s Foundry USA’s pool that ruled the roost this...
FTX’s $3.4B crypto liquidation: What it means for crypto markets
29.9.2023
Bankrupt crypto exchange FTX has been approved to liquidate nearly $3.4 billion worth of crypto assets, creating a sense of panic among crypto investors, but experts say the phased liquidation schedule will ensure market stability
Sam Bankman-Fried Will Remain in Jail Throughout His Trial Until Mid-November
29.9.2023
Former FTX CEO Sam Bankman-Fried will remain in jail throughout his trial utnil mid-November after the District Judge Lewis Kaplan denied his temporary release to prepare for the trial.
The trial, scheduled to run from October 4th until November 9th, comes after Judge Kaplan denied a motion...
Circle Files Amicus Brief in SEC's Binance Lawsuit, Says Stablecoins Are Not Securities
29.9.2023
Stablecoin issuer Circle has stepped into the legal battle between the Securities and Exchange Commission (SEC) and major crypto exchange Binance.
Circle argued in its amicus curiae brief that stablecoins, whose value is backed by other assets, should not be subject to the same regulatory...
V USA přibývá infekcí masožravými bakteriemi. Mikrobiolog vysvětluje, jak se chránit
29.9.2023
Masožravé bakterie zní jako námět na špatný horor. Bohužel realita je taková, že ve skutečnosti představují neustále rostoucí – a potenciálně smrtelnou – hrozbu. V září 2023 vydalo Centrum pro kontrolu a prevenci nemocí (CDC) doporučení pro lékaře a pracovníky zdravotnických zařízení, v němž
SEC Delays Decision on Bitcoin ETF Applications from BlackRock, Invesco and Bitwise
29.9.2023
The United States Securities and Exchange Commission (SEC) has once again postponed its decision on several proposals for spot Bitcoin exchange-traded funds (ETFs), including applications from financial giants BlackRock and Invesco, as well as the cryptocurrency-focused Bitwise.
As per several ...
10 Anime You Should Watch If You Like Cyberpunk 2077
27.9.2023
Cyberpunk 2077 proudly wears its love of anime on its chromed-out sleeves. Proof? Look no further than its many JoJo’s Bizarre Adventure photo mode poses, or the fact that Kaneda’s iconic red motorcycle from Akira is in the game. With Cyberpunk 2077’s game-changing 2.0 update and its just-released...
Mainstream Media Objects to Further Customer Data Redactions in FTX Bankruptcy Case
27.9.2023
Prominent media outlets, including Bloomberg, Dow Jones & Company, The New York Times, and The Financial Times, have raised objections to a joint motion by the debtors and the Official Committee of Unsecured Creditors asking for further data redactions in FTX bankruptcy case. ...
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US SEC Delays Decision on ARK 21Shares Bitcoin ETF Until Next Year
27.9.2023
The U.S. Securities and Exchange Commission (SEC) has once again announced a delay in its decision regarding the proposed ARK 21Shares spot Bitcoin ETF, pushing the deadline into the next year with a new date set for January 10th.
This announcement of delay came just hours after a request by...
'BitBoy Crypto' Out of Jail And Back on Twitter, Mugshot Pic Goes Viral
26.9.2023
Crypto influencer Ben Armstrong, formerly known as BitBoy Crypto, has been released from jail after spending eight hours there, while his mugshot went viral.
As reported earlier today, BitBoy Crypto was arrested by the police for “loitering/prowling” and for “simple assault by placing another...
Sam Bankman-Fried's Legal Team Once Again Files for Temporary Release as Trial Approaches
26.9.2023
The defense team representing Sam Bankman-Fried has renewed their plea for his temporary release ahead of the highly anticipated trial.
The request, outlined in a recent court filing, cites challenges faced by Bankman-Fried's attorneys in preparing a defense while their client remains...
Celsius Creditors Vote in Favor of Crypto Repayment and Equity Distribution Plan
26.9.2023
Creditors in the Celsius bankruptcy case have voted in favor of a comprehensive plan, paving the way for the return of funds and the equitable distribution of assets through the establishment of a new entity.
As per September 25th filing by the bankruptcy firm Stretto, the majority of creditor...
Crypto Influencer BitBoy Crypto Arrested While Livestreaming on YouTube
26.9.2023
Crypto influencer Ben Armstrong, formerly known as BitBoy Crypto, was arrested by the police while live-streaming on YouTube.
Earlier today, the crypto influencer had posted on X that he will be going live on YouTube from a very special location.
Armstrong intended to confront an individual...
Hong Kong to tighten crypto regulation, Thailand to tax crypto overseas: Law Decoded
25.9.2023
While Thai regulators aim to tax crypto earned overseas, Brazilian lawmakers seek to protect it from seizure