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CFTC Follows SEC by Filing a Lawsuit Against Disgraced FTX Co-Founder Sam Bankman-Fried
13.12.2022
On Dec. 13, 2022, the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Sam Bankman-Fried (SBF), FTX Trading LTD., and Alameda Research. The CFTC alleges that FTX customer deposits, “throughout the relevant period,” including both fiat currencies and cryptocurrencies, were...
FTX hearing: US lawmakers criticize use of Quickbooks, creepy dough, and 'conscientious stupidity'
13.12.2022
Some members of the U.S. House of Representatives questioned whether Sam Bankman-Fried’s actions at FTX and Alameda may have been willful or due to gross incompetence
Argentina Organizes National Blockchain Committee to Implement State Level Strategy
10.12.2022
The government of Argentina has designated a national blockchain committee in order to establish the directives for a state-level blockchain adoption strategy. In a document, Argentina remarks on the importance of this tech for the future and presents several use cases that would benefit from...
Kenya-Based Bitcoin Mining Company Raises $2 Million in Seed Investment Led by Jack Dorsey-Owned Firm
9.12.2022
Gridless, a bitcoin mining company operating from Kenya, recently raised $2 million in seed investment from Block, a digital payments company owned by Twitter founder Jack Dorsey, and Stillmark. The bitcoin mining firm is reportedly planning to use the capital raised to fund its expansion into...
Nigeria bans ATM cash withdrawals over $225 a week to force use of CBDC
7.12.2022
The limits set by the Central Bank of Nigeria are part of a broader push to encourage digital financial transactions
Pokémon Scarlet And Violet’s Passive EXP Hack Feels Too Cruel To Use
6.12.2022
Farming experience points has never been easier. Pokémon Scarlet and Violet introduced a “Let’s Go” function that allows your leading Pokémon to auto-battle roaming opponents in the overworld. But if you want to take your laziness a step further, there’s a passive farming hack that lets...
Crypto Twitter uses new AI chatbot to make trading bots, blogs and even songs
6.12.2022
A few simple prompts to a recently released AI chatbot is all Crypto Twitter needs to create trading bots, an investment thesis and a crypto-themed song
Spanish Soccer League Laliga Will Certify Goal Scoring Balls Using Blockchain Tech
5.12.2022
Laliga, the premier Spanish soccer league, has announced the implementation of a new system that will use blockchain for tracking soccer balls that were used to score a goal. The system, which will be provided by Gol-Ball, a third-party company, will certify these balls to allow users to purchase...
Web3 Crypto Onboarding Platform Transak Integrates With Coinbase Wallet
4.12.2022
According to Transak, users of the Coinbase self-custody wallet in South East Asia can now use its Web3 onboarding platform “as a fiat on-ramp to buy crypto.” Transak’s integration with the Coinbase wallet is coming at a time when more users are becoming “aware of...
Proof-of-Reserves Are at ‘Best Incomplete, at Worst Misleading and Deceptive’ Says Crypto Analyst Martin Hiesboeck
2.12.2022
While many crypto exchanges have seemingly embraced the use of proof-of-reserves (PoR) to showcase their transparency and reassure nervous users, crypto analyst Martin Hiesboeck insists such so-called proofs are susceptible to manipulation or misrepresentation. He added that PoRs alone are not...
Dungeons & Dragons Ditches 'Race', Wants To Use 'Species' Instead
2.12.2022
Earlier today Wizards of the Coast made an announcement that a lot of people have been waiting a long time for: Dungeons & Dragons is going to stop using the word “race” in its rulebooks, and would instead prefer to use the term “species” instead.Read more
Former FTX CEO Sam Bankman-Fried denies "improper use" of customer funds
1.12.2022
According to the former CEO, at the time of filing for bankruptcy “FTX US was solvent.”
Dappradar Report Shows Blockchain Gaming Thrived Amid FTX Collapse, Sector Accounted for 46% of All Network Activity
1.12.2022
According to a report published by the global dapp store platform, Dappradar, blockchain gaming hardly felt the impact of the recent FTX collapse and the crypto market carnage that ensued. Dappradar’s Blockchain Games Report indicates that the number of daily unique active wallets (dUAW)...
We could use crypto regulation after FTX — but let's start with basic definitions
1.12.2022
Congress should start by addressing what cryptocurrencies are securities and what are commodities
Final Fantasy XVI Rated Mature For Sex Scenes and Hate Crimes
1.12.2022
Turns out the upcoming Final Fantasy XVI, isn’t just leaning heavily on its Game of Thrones medieval aesthetic in jest. According to its MSRB rating in Brazil, FFXVI is rated mature for its sex scenes, drug use, and fantasy hate crimes.Read more
SEC Could Use BlockFi as Object Lesson for Clear Crypto Regulation, Says Ex-SEC Official
30.11.2022
Howard Fischer, a Moses Singer LLP partner, discusses why the SEC is more concerned with regulating crypto than getting the $30 million BlockFi owes the agency
What is the best crypto use case? Community answers
30.11.2022
A community member argued that the best crypto use case is still how crypto provides a decentralized, peer-to-peer payment system that eliminates middlemen like banks
Blockchain Pilgrimage: Regulating Crypto ‘Should Be Combined With Education’ Says Top Wadzpay Executive
29.11.2022
The collapse of Do Kwon’s Terra empire in May, and Sam Bankman-Fried’s FTX in early November 2022, will be remembered as two incidents that put the crypto industry on the back foot. It is now widely expected that regulators around the world will use the two incidents to justify...
Forget Dogecoin and Shiba Inu with no use case, backed staking token Oryen Network is here
26.11.2022
Despite their lack of use, Shiba Inu and Dogecoin alternatives are growing daily. As the Oryen Network project shows, progress happens with utility. In the course of the current presale, the value of the ORY tokens has more than doubled. With a sharp eye for lucrative prospects, investors are...
‘Cryptocurrencies Like Bitcoin Make Global Commerce Easy’ — Founder of Nigerian Crypto Exchange
26.11.2022
Despite the Central Bank of Nigeria (CBN)’s Feb. 5, 2021 directive that instructed banks to block crypto entities from the financial system, the demand and use of cryptocurrencies have continued to grow. Not even the central bank’s subsequent crackdown on crypto entities it accused...