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MasterCard, Citigroup and Other Global Banking Giants Start Digital Dollar Pilot With New York Federal Reserve
16.11.2022
Global financial services giants such as MasterCard, Citigroup, and others are joining hands with the Federal Reserve Bank of New York to start a 12-week-long pilot for a digital dollar system.
The pilot dubbed the “regulated liability network,” will be conducted in a test environment using...
Report: Genesis Global Trading’s Lending Unit Suspends Withdrawals and New Loan Originations
16.11.2022
Following Blockfi, Liquid Global, and Salt Lending halting withdrawals, reports indicate that Genesis Global Trading’s lending unit has halted customer withdrawals. Genesis’ interim chief executive officer Derar Islim said that the company’s trading and custody units were still operational....
Amazon's MMO Forces Players To Pay Higher Tax Rate Than Jeff Bezos IRL
16.11.2022
Last week, New World’s patch notes indicated that taxes on Trade Post transactions would increase from 2.5 percent to a whopping 5 percent. What’s funny about this situation is that the MMO is published by Amazon Games, which is owned by Jeff Bezos. Last year, ProPublica reported that Jeff Bezos...
New Development: Sam Bankman-Fried is Attempting to Raise New Capital to Fix FTX Problem
16.11.2022
Founder and former CEO of FTX Sam Bankman-Fried is striving to raise fresh capital in a bid to make customers whole despite bankruptcy filings.
In a recent Twitter thread, he is "meeting in-person" with both potential investors and regulators to do what they can for customers. "And after that...
Relaunch of USAN — the Union of South American Nations — in Latam Profiles New Monetary Integration
16.11.2022
A proposal for relaunching the currently defunct USAN, the Union of South American Nations, profiles a future monetary integration amongst the countries of the organization. The proposal, made by several former presidents of countries in Latam, reinforces the need for regional integration...
US national crypto laws should look like New York's, says state regulator
16.11.2022
The superintendent of the New York Department of Financial Services highlighted her state’s stringent standards as the blueprint for federal legislation
SBF Is Sleeping Better, Playing Video Games — New York Times Sam Bankman-Fried Interview Dunked on for Going Soft on FTX Co-Founder
15.11.2022
On Nov. 14, the New York Times (NYT) published a massive 2,200-word expose and interview with the former CEO of FTX, Sam Bankman-Fried (SBF), and the article was criticized a great deal after it was published. The article noted that SBF would only offer “limited details about the central questions...
Elliptic Analysis Says $477 Million Stolen From FTX, ‘Accounts Drainer’ Becomes 35th Largest ETH Holder
15.11.2022
Three days ago, on Nov. 11, 2022, it was reported that FTX’s wallets saw unusual activities and FTX Telegram channel admins stressed that FTX was “hacked.” The same day, the new FTX CEO John Ray confirmed there were “unauthorized transactions.” A report by...
Battle Infinity New DEX Launching Tomorrow – Here’s What You Need to Know
15.11.2022
Battle Infinity is set to launch its decentralized exchange (DEX) on November 16. For interested investors, here’s what you would want to know:
Earlier this week, the developers of the Battle Infinity blockchain game confirmed that they would be launching Battle Swap, a decentralized exchange that...
Let’s Talk About the New York Times' ‘Puff Piece’ on Sam Bankman-Fried
15.11.2022
1inch seeks to optimize gas costs with its new v5 router
15.11.2022
The new router features a number of updates, including an improved smart contract error processing system
Crypto’s Political Cash Backs Winners, But New Lawmakers Will Arrive Under FTX Cloud
15.11.2022
All 19 of the congressional candidates backed by the crypto industry’s most widely supported political action committee, GMI PAC Inc., won their races last week, sending 16 new members to the House and Senate. But that positive performance is also at least somewhat eclipsed by the ongoing...
Big Banks, NY Fed Start to Test Digital Tokens for 'Wholesale' Transactions
15.11.2022
A group of major banks have commenced a pilot project alongside the Federal Reserve Bank of New York to test the feasibility of using tokens representing digital dollars to improve how central bank money is settled between institutions
PlayStation Dives into NFT World with New Patent, Rival XBOX Lags Behind
15.11.2022
A newly published patent suggests that the gaming giant Sony PlayStation may use non-fungible tokens (NFTs) in-game – or at least they’re looking into it. Microsoft’s XBOX, meanwhile, seems to be looking in the opposite direction.
Sony’s patent is titled “US20220358450 - Tracking Unique In-Game...
Axie Infinity P2E outranked as hot new Toon Finance coin takes over
15.11.2022
Toon Finance Takes over P2E industry If you look at Axie Infinity at its peak, you will soon see that it had well over 3 million players. The market cap also stood at $10 billion as well. Players in a lot of developing countries were said to be reporting way more money from playing the …
Crypto Twitter unhappy with SBF 'puff piece' pushed by mainstream media
15.11.2022
While SBF refuses to interact with Crypto Twitter, the same community he once called home, he was featured in New York Times trying to explain the sequence of events that led to the fall of FTX
FTX's New Leadership Is in Touch With Regulators, May Have Over 1M Creditors, New Filings Say
15.11.2022
FTX filed more than 100 bankruptcy dockets. In a new filing posted late Monday, it finally revealed some of the details of how the exchange chose to enter bankruptcy
Will Edward Snowden's New Bitcoin Price Prediction Be Accurate Again
15.11.2022
On Monday Edward Snowden tweeted 'for the first time in a while I'm starting to feel the itch to scale back in' with the Bitcoin price around $16,500.
The former NSA and CIA agent added one caveat: 'There's still a lot of trouble ahead.'
The Bitcoin price did rally in the hours following...
Our Favorite Cosplay From New York Comic-Con 2022
15.11.2022
New York was able to hold its biggest Comic-Con since 2019 last month, and fans certainly turned up for it; around 200,000 people went through the turnstiles between October 6-9 at the Javits Center, many of them cosplayers. Read more
New Transformers Series Introduces Its First Nonbinary Robot
14.11.2022
The Transformers franchise, which has always been more than meets the eye, just introduced its first officially nonbinary character, Nightshade. They make their debut toward the end of the first season of the franchise’s latest TV series, Transformers: EarthSpark, which premiered on the Paramount...