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Grayscale cites security concerns for withholding on-chain proof of reserves
19.11.2022
Grayscale shared a letter from Coinbase Custody attesting that each of Grayscale’s crypto products is fully backed, but stopped short of providing the wallet addresses
Bahamas Regulator Takes Action to Seize FTX’s Cryptocurrencies to ‘Protect’ Clients and Creditors
19.11.2022
The Securities Commission of the Bahamas has ordered crypto exchange FTX to transfer its cryptocurrencies to a wallet controlled by the regulator. The “Urgent interim regulatory action was necessary to protect the interests” of FTX’s clients and creditors, said the regulator....
Nickel Digital, Metaplex, and others continue to feel the impact of FTX collapse
18.11.2022
Some companies have resulted in layoffs to deal with their million-dollar losses
Russian bill would legalize crypto mining, sales under ‘experimental legal regime’
18.11.2022
The bill provides a legal definition of mining and mining pools and would create a domestic cryptocurrency market in Russia’s latest step to integrate digital assets into its economy
Banks still show interest in digital assets and DeFi amid market chaos
18.11.2022
Traditional financial institutions continue to demonstrate use cases for digital asset support, along with DeFi capabilities, despite current market conditions
Topps Sells out Crypto-Themed Garbage Pail Kids ‘Non-Flushable Token’ Cards
18.11.2022
Amid the craziness tied to the FTX collapse, the latest Garbage Pail Kids (GPK) non-fungible token (NFT) collection takes aim at the crypto industry, roasting subjects like the LUNA collapse, Bored Ape Yacht Club, and Cryptopunks. Following the release, GPK’s parent company Topps explains...
Binance is Preparing to Bid for Bankrupt Lender Voyager as FTX Drops Out
18.11.2022
Binance.US, crypto exchange Binance’s American arm, is reportedly set for a bid to acquire crypto lending firm Voyager Digital, after FTX dropped out of the picture.
Voyager announced last week, following the fall of FTX, that
“Voyager has reopened the bidding process for the company, and is...
Sony Files Patent to Use NFT Tech for Keeping Track of in-Game Digital Assets; Introduces Moments Market
18.11.2022
Electronics giant Sony has filed a patent that describes the usage of NFT (non-fungible token) and blockchain technology to track the history of in-game digital assets. The filing describes the usage of this tech in order to record the story of modifications and ownership of the digital assets from...
Bahamian securities regulator ordered the transfer of FTX’s digital assets
18.11.2022
The Bahamian securities regulator clarified it directed FTX to move its digital assets to a wallet owned by the commission on Nov. 12
US Senator Urges Congress to Pass Her Crypto Bill — Claims It Would’ve Prevented FTX Bankruptcy
18.11.2022
U.S. Senator Cynthia Lummis believes that the FTX bankruptcy wouldn’t have happened under the Lummis-Gillibrand crypto bill. She stressed: “It’s clearer now than ever before that we need comprehensive regulation in the digital asset space.” Senator Lummis Explains...
Voxel Crazy Head and Metaspace․game Represent a Combination of Reality, Game Development, and High Technology
18.11.2022
PRESS RELEASE. Voxel Crazy Head and Metaspace.game invite users to create their own avatars and take part in a thrilling metaverse adventure. What Is Voxel Crazy Head? Voxel Crazy Head is a blockchain-based collection of 10,000 unique NFT heads that also function as keys to the metaverse. The voxel...
Fed paper looks at theoretical role of remuneration, convenience in CBDC design
17.11.2022
The discussion paper reviews the literature on the impact of CBDCs in large, developed economies and draws some conclusions and specific design elements
The Hop: MOVE Estrella Galicia’s Digital Innovation Programme Makes the Leap to Web3
17.11.2022
PRESS RELEASE. After 4 editions based on digital innovations related to Estrella Galicia’s value chain, The Hop takes another step toward the exploration and development of Web3 initiatives. 17 November 2022, A Coruña, Spain — The fourth edition of The Hop comes to a close this year, ending a cycle...
Could Hong Kong really become China’s proxy in crypto?
17.11.2022
With its partial autonomy, the island city of Hong Kong has traditionally served as a gate to China, but with crypto, there is a catch
EY’s Crypto Tax Leader Breaks Down What You Need to Know This Tax Season
17.11.2022
First Mover Americas: Binance.US Makes Another Run at Voyager Digital
17.11.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 17, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bahamian liquidators reject validity of FTX's US bankruptcy filing
17.11.2022
The provisional liquidator overseeing the FTX Digital Markets bankruptcy proceedings says FTX wasn’t authorized to file for bankruptcy in the U.S without his approval
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....
Sony files patent for tracking in-game digital assets
16.11.2022
Sony has formally filed for patent rights to keep tabs on in-game digital assets utilizing blockchain technology, more precisely, NFTs. This patent will provide all associated players with the ability to acquire a wide range of unique in-game assets and other paraphernalia belonging to a large...