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Failure of Multi-Function Crypto Firms a Limited Threat to 'Real Economy': FSB
28.11.2023
A new report by the Financial Stability Board said further assessments of possible implications are required because "significant information gaps remain."
Lightning devs must ‘wake up’ and fix security bugs, not please VCs: Bitcoin dev
27.11.2023
Antoine Riard, who left the Lightning Network in October, argues the Lightning Network is also at risk of becoming increasingly centralized and susceptible to single points of failure and censorship risks
Microsoft and Tencent Join Forces with Infura for Blockchain Infrastructure
16.11.2023
Microsoft Office / Source: Adobe Crypto infrastructure giant Infura is taking its first step toward decentralizing core components of its service following years of criticism that the company is a ‘single point of failure’ for Ethereum. Over a dozen Web2 giants including Microsoft and Tencent have...
Bitcoin Price Prediction as BTC Gets Rejected From $38,000 Level – Time to Buy the Dip?
16.11.2023
The Bitcoin (BTC) price is pulling back aggressively after once again rejecting resistance at the $38,000 level earlier on Thursday. BTC was last changing hands in the $36,300s, down more than 4% on the day, but still well within this week’s $35,000-$38,000 ranges. Bitcoin’s failure to break higher...
Hodlnaut heading for liquidation after failure of restructuring, sale efforts
10.11.2023
Recovery from the crypto winter is proceeding, but Hodlnaut won’t survive it. A sealed court order in Singapore appears to spell its doom
Failure to ‘Properly’ Regulate Crypto Has Cost Ukraine $49bn – Study
10.11.2023
Source: Vaksmanv/Adobe Ukraine’s failure to adequately regulate the crypto sector cost the nation just shy of $49 billion in the period 2016 to 2022, a study has found. The study was carried out by Ukraine Economic Outlook, in association with the crypto exchange Kuna and an industry group named...
UK Financial Watchdog Flags “Common” Failures in Crypto Marketing
25.10.2023
The Financial Conduct Authority (FCA) has identified some recurring issues in the marketing of cryptoassets following the implementation of new regulations on October 8. In a Wednesday blog post, the FCA highlighted three primary problems, which include misleading claims regarding...
Bitcoin Traders Eye Bullish Silver Lining in Looming US Government Shutdown, Says Analyst
30.9.2023
Numerous reports foretell an imminent U.S. government shutdown, given the anticipated failure of a spending bill to secure passage by Saturday evening — a measure meant to sustain operations till mid-November. On the cusp of this shutdown, bitcoin (BTC) has been on an ascent, catching...
Block.one’s Settlement Offered a ‘Tiny Fraction’ of the $4.1 Billion Raised — EOS Network Foundation CEO
23.9.2023
According to Yves La Rose, the founder and CEO of the EOS Network Foundation (ENF), the blockchain software company Block.one’s failure to financially back the EOS ecosystem after the 2018 initial coin offering (ICO) is one of the many reasons why the community felt compelled to take over....
OnlyFans, Patreon models turn to Web3 amid payment and censorship fears
21.9.2023
Patreon creators had difficulties getting paid in August, while OnlyFans once tried to ban porn on the platform, forcing creators to look at alternatives, including Web3
Nigerian Blockchain Association Knocks Central Bank Over Failure To Implement A Crypto Strategy
7.9.2023
A group of Nigerian blockchain experts have criticized the nation's Central Bank for its decision to prohibit the use of cryptocurrencies in 2021.
At the recent Stakeholders in Blockchain Technology Association of Nigeria (SIBAN) Digital Assets Summit 2023 in the nation's capital, experts...
Failure to tax the metaverse ‘will create a tax haven’ — Harvard legal expert
4.9.2023
Harvard scholar Christine Kim writes that income and wealth in the metaverse should be subject to immediate taxation
Heartland Tri-State Bank Collapses, Biden Urged to Grant Silk Road’s Ross Ulbricht Clemency, and More — Week in Review
6.8.2023
In this week’s news, another major U.S. bank has failed, a Maine senator has appealed to United States president Joe Biden to grant Silk Road creator Ross Ulbricht clemency, a senior U.S. district judge has rejected the approach taken in the SEC v. Ripple ruling regarding XRP, and Robert...
The Psychology of Failure and Its Meaning for Web3 Games
4.8.2023
The possibility of not winning is among the motivations for gamers to participate because it gives them the opportunity to learn and improve
Stablecoin Bill's Failure Reflects Deepening Political Divide in Crypto
3.8.2023
The passing of a much-discussed stablecoin bill last week in the House Financial Services Committee revealed just how deep the political divide in Washington has become, a recent Fortune Crypto newsletter said.
The bill, which was close to getting bipartisan support after negotiations between...
Another US Bank Collapses: Heartland Tri-State Bank Closed by Regulator
30.7.2023
Heartland Tri-State Bank has become the latest bank in the U.S. to fail. The Kansas banking regulator closed the bank and appointed the Federal Deposit Insurance Corporation (FDIC) as the receiver on Friday. Regulator Shuts Down Heartland Tri-State Bank A regional bank in the U.S., Heartland...
EOS Foundation to sue Block.one on failure to honor $1B commitment
26.7.2023
Potential plaintiffs in the new lawsuit by ENF may need to opt out of other suits against Block.one to be eligible to participate
Thodex CEO sentenced to Turkish prison for failure to submit tax documents
18.7.2023
Faruk Fatih Özer failed to submit the requested documents to the Tax Inspection Board. He denied being Thodex’s official at the time, which prevents him from presenting the requested books
Microsoft: Pulling Call of Duty From Steam Was A 'Failure'
13.7.2023
In a new filing from Microsoft detailing the company’s post-trial “findings” and “conclusions” after its recent victory in court against the Federal Trade Commission the Xbox maker revealed that Call of Duty leaving Steam was part of an Activision plan to grow Battle.net. But according to the docs...
Former House Rep blames industry outsiders for associating crypto with bank's failure
31.5.2023
According to Barney Frank, Signature Bank's only issue prior to regulators seizing control in March was "crypto-fear inaccurate withdrawals."