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Celsius Floats Possibility of Debt Token to Repay Creditors; Secures Court Approval to Process Customer Withdrawals

25.1.2023
The defunct crypto lender Celsius is exploring the possibility of creating a debt token to repay creditors. The plan would need to be approved by regulators, but if approved by the trustee and financial authorities, the debt token would be called an “asset share token (AST).” Celsius...

The Money in Ethereum's Middleware: Can Flashbots Still Call Itself a 'Public Good'?

25.1.2023
Should a “public good” have a $1 billion valuation? Valid Points is CoinDesk’s weekly newsletter breaking down Ethereum’s evolution and its impact on crypto markets

SEC Derailed Circle's Plans to Go Public via SPAC Deal: Report

25.1.2023
Circle, the company behind stablecoin USDC, has said its $9bn plans to go public didn't go through because the Securities & Exchange Commission (SEC) did not sign off on it

Porsche 911 NFT Public mint goes live now!

24.1.2023
Porsche, the popular German car maker, released the first NFT (Non-fungible token) collection this week, but the project did not raise toward a high resale price as speculated. The 7,500 edition NFT collection paid homage to Porsche’s iconic sports car 911 and opened its minting in four waves at...

Ethereum Developers Commence Finalizing Shanghai Upgrade ‘Shadow Fork’ for Testing and Bug Identification

23.1.2023
Ethereum developers have begun finalizing the Shanghai upgrade “shadow fork,” according to software engineer Marius van der Wijden. The “shadow fork” will serve as a testing environment for the Shanghai upgrade, allowing developers to identify bugs and any potential...

Vitalik Buterin divulges the 'largest remaining challenge' in Ethereum

23.1.2023
While the concept of stealth addresses appears complex in theory, Buterin previously described it as a “low-tech approach” compared to other Ethereum privacy solutions

FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate

18.1.2023
On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators have discovered $5.5 billion of liquid assets to date. Top-level executives, including the new FTX CEO and chief restructuring officer, John J. Ray III, met with...

BIS Economists Recommend 3 Crypto Policies for Regulators Worldwide to Adopt

18.1.2023
Economists at the Bank of International Settlements (BIS) have recommended three policies regulators worldwide could adopt in order to deal with the risks posed by cryptocurrencies. “Authorities can now consider a variety of policy approaches and at the same time work to improve the existing...

Biggest Movers: XMR, DOT Move Higher, Rebounding From Recent Declines

17.1.2023
Monero rebounded from recent losses on Tuesday, as the token attempted to recapture recent highs. The move comes as U.S. markets reopened following a public holiday on Monday. Polkadot also moved higher in today’s session, snapping a two-day losing streak. Monero (XMR) Monero (XMR) rebounded...

Seoul government opens city's metaverse project to public

16.1.2023
According to Seoul Mayor Oh Se-hoon, the virtual environment will allow residents to access official documents, file complaints, and receive answers to questions on filing taxes

Fasttoken, Official Crypto of Fastex, to Launch to the Public on January 18

16.1.2023
Developed by technology giant SoftConstruct, Fasttoken (FTN) is the official cryptocurrency in the Fastex ecosystem and the native token of the Fastex Chain. Aside from passing two audits by independent third-party auditors, Fastex is a regulated virtual currency exchange and virtual currency...

Chinese Billionaire Jack Ma Agrees to Cede Control of Fintech Giant Ant Group

12.1.2023
Chinese billionaire Jack Ma recently agreed to give up control of Ant Group as part of changes to the fintech’s corporate structure, which will supposedly not have an impact on “the economic interests of any shareholders of Ant Group and their beneficiaries.” Once the process...

Ethereum Developers Prepare to Deploy Shanghai Public Testnet, Focus on Staked Ether Withdrawals

10.1.2023
According to the Jan. 5, 2023 All Core Devs (ACD) meeting, Ethereum developers are preparing to deploy a public testnet for the highly anticipated Shanghai hard fork in February 2023, with the mainnet implementation tentatively scheduled for March. Ethereum’s core developers emphasized that...

The Writer Of Minecraft's Ending Poem Got High And Made It Free

9.1.2023
The controversial ending to Mojang Studios’ Minecraft has sparked plenty of conversation over the years. A poem scrolls on-screen following after players defeat the Ender Dragon for a whopping nine minutes. Quotes from the “End Poem,” as the swan song is titled, have been inked on fans skins...

Report: Nigeria to Stop Cash Withdrawals From Government Accounts

9.1.2023
From the start of March, Nigerian public officials will be barred from withdrawing cash from government bank accounts, the head of the Nigerian Financial Intelligence Unit reportedly said. Public officials that want to be exempted from this new regulation will have to obtain a waiver from...

Bahamas Regulator Disputes FTX’s Claim About Value of Seized Cryptocurrencies

5.1.2023
The Securities Commission of the Bahamas has disputed FTX’s claim that the value of the cryptocurrencies it seized from the bankrupt crypto exchange was not $3.5 billion. The new FTX chief’s “continued lack of diligence when making public statements concerning the Commission...

Indicted FTX Co-Founder Sam Bankman-Fried Discussed ‘Pandemic Prevention’ With Biden Administration Officials

4.1.2023
According to public filings, former crypto billionaire and FTX co-founder Sam Bankman-Fried met with senior Biden administration officials before he was indicted for financial fraud. When asked about the visits, White House press secretary Karine Jean-Pierre told the press the meetings involved...