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Web3 News From Consensus
28.4.2023
A special edition of The Airdrop on the ground in Austin at CoinDesk's festival
Bermuda Premier David Burt: 'Nobody is Coming to Bermuda to Flee Regulation'
28.4.2023
Five years after the island jurisdiction passed its digital assets regulation, a steady stream of companies is coming to Bermuda to be regulated
Bitcoin Use Cases Are Seeing ‘Explosive Growth,' Trust Machines Says
28.4.2023
Terra Classic Advocates Propose Plan to Re-Establish USTC’s Peg With US Dollar, Token’s Value Surges by Over 9%
28.4.2023
Almost 12 months back, terrausd (UST), an algorithmic stablecoin, suffered a detachment from the U.S. dollar, causing the Terra ecosystem to crumble shortly thereafter. At present, supporters of the Terra Classic blockchain community are deliberating on a plan to revive the ecosystem...
Mastercard Launches Crypto Credential Service for Cross-Border Transfers
28.4.2023
The set of verification standards uses technology from the CipherTrace, the well-known blockchain analytics platform Mastercard agreed to acquired in late 2021
Yuga Labs CEO: 'The Metaverse Is Not New'
28.4.2023
The company behind the Bored Apes Yacht Club has a new CEO from Web2, and he knows that you can’t build Web3 with a Web2 mindset
US Government in Talks to Rescue Struggling First Republic Bank, Sources Say
28.4.2023
Sources have revealed that U.S. government officials are in talks to rescue First Republic Bank, a struggling financial institution. The discussions involve the U.S. Treasury, the Federal Deposit Insurance Corporation (FDIC), and the Federal Reserve, according to reports on Friday. Private-Sector...
Global Crypto Regulation Needs Coordination, Not Duplication, Legal Experts Say
28.4.2023
"It's not good to put crypto all in the same basket and look at it in a vacuum," said Marianne Bechara, senior counsel at the IMF
Signature Bank Failed Because of Mismanagement, Contagion, FDIC Report Says
28.4.2023
The federal banking regulator said Signature’s exposure to crypto industry deposits was also a contributing factor to its failure
Balaji Srinivasan Explains $1M Bitcoin Bet Rationale, Says Could Take Longer Than 90 Days
28.4.2023
"I may be wrong but I'm burning a million to tell you they're printing trillions," Srinivasan said, during CoinDesk's Consensus 2023 conference
Operation Choke Point 2.0 Is SEC's 'Chemotherapy' for $14B Ponzi Problem, BCB's CEO Says
28.4.2023
What happened to Custodia Bank is "tragic" under current administration's efforts to de-bank crypto industry, BCB's Oliver von Landsberg-Sadie said
PayPal to Enable On-Chain Transfers From Venmo Accounts, Including to On-Chain Wallets
28.4.2023
The feature will become available in May, PayPal's Jose Fernandez da Ponte said on a panel at Consensus
Bitcoin Blockchain Surpasses 2 Million Ordinal Inscriptions Milestone in Just Over 4 Months
28.4.2023
As of April 28, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain has exceeded 2 million, according to current statistics. This milestone has been reached within just over four months since the first Ordinal inscription was minted on December 16, 2022, at block height 767,753....
Web3 Music Requires Fresh Ideas to Succeed, Says Warner Music Exec
28.4.2023
The digitally-augmented space is a key part of Warner Music Group's future plans, its chief Digital Officer Oana Ruxandra said at Consensus 2023
Crypto Exchange Binance's Head of Product Discusses AI, Supercycles and What Gets Him Excited Nowadays
28.4.2023
Mayur Kamat, a tech industry veteran, discusses how the world's largest crypto exchange is using artificial intelligence and the future of the tech industry
Genesis Bankruptcy Parties Agree to 30-Day Mediation Period
28.4.2023
The process can start once the parties agree on a mediator and submits an order to the U.S. bankruptcy court
FTX Boss Ryan Salame’s Maryland Home Searched by FBI in Unexplained Raid
28.4.2023
According to unnamed sources, the home of Ryan Salame, the former co-chief executive of FTX Digital Markets, was searched by the U.S. Federal Bureau of Investigation (FBI) on Thursday. The grounds for the raid remain unknown, and neither Salame nor his legal representative have offered...
Terra Classic Hopefuls Mull Revival of Failed UST Stablecoin
28.4.2023
Community members are vying for a new model to improve revenues to sustain the peg, which includes token buybacks and fees paid on peg deviations
Amid Bankruptcy, Core Scientific Signs Bitcoin Mining Hosting Contracts for Almost 18,000 Machines
28.4.2023
The miner signed deals with three firms to host rigs in sites where the Celsius Mining fleet was recently unplugged from
Epic Games Alum Mike Seavers Will Join Web3 Giant Yuga Labs as CTO
28.4.2023
Mike Seavers will join the home of Bored Ape Yacht Club on May 22