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Introducing Ethscriptions: Ethereum’s Take on Inscribed Digital Artifacts
19.6.2023
Amidst the buzz and persistent interest surrounding Bitcoin-derived Ordinal inscriptions, the co-founder of the Capsule 21 podcast introduced Ethscriptions, an analogous innovation that harnesses the power of the Ethereum blockchain. Ethscriptions, as described on the online platform...
Subpoena Evasion: 3AC Asks Court to Fine Kyle Davies $10,000 Daily for Non-Compliance
18.6.2023
In February, it was reported that Kyle Davies, the co-founder of Three Arrows Capital (3AC), faced allegations of evading subpoenas related to the collapse of the defunct Singapore cryptocurrency hedge fund. The current custodians of the 3AC estate are now pursuing a daily fine of $10,000 against...
Cardano Founder Charles Hoskinson Joins Search for Aliens and UFOs
18.6.2023
The founder of Cardano, Charles Hoskinson, has confirmed on Twitter that he is part of an expedition that is searching for a “meteor of interstellar origin” that crashed onto Earth from outer space in 2014.
The United States Department of Defense verified the origin of the meteor back in 2019,...
5 Charges Temporarily Suspended in FTX Co-Founder Sam Bankman-Fried’s Legal Battle
17.6.2023
The U.S. Department of Justice (DOJ) and federal prosecutors in New York have opted to temporarily suspend five charges against the beleaguered FTX co-founder Sam Bankman-Fried (SBF). Nevertheless, these five charges have been “severed” and deferred until 2024, potentially leaving...
Cameron Winklevoss Criticizes SEC Regulatory Approach: ‘Securities Laws Written in 1933 Don’t Meet the Realities of the World Today’
17.6.2023
Cameron Winklevoss, a co-founder of Gemini, a U.S.-based cryptocurrency exchange, criticized the U.S. Securities and Exchange Commission’s (SEC) posture regarding cryptocurrency regulation. Winklevoss stated that the SEC laws written in 1933 are obsolete today, and their application would...
The New Frontier: Cardano founder Charles Hoskinson goes hunting for aliens & UFOs
17.6.2023
Harvard astronomer Avi Loeb is leading the expedition and stated that the team has found a couple of anomalous objects
Web3 Devs Now Focused on Making Games That ‘Traditional Gaming Can’t Match’ — Digital Arms CEO
17.6.2023
According to Chris Watkins, the co-founder and CEO of the non-fungible token (NFT) marketplace Digital Arms, many of the Web3 games developed in the last bull cycle were not only seemingly rushed but “lacked the essential element of fun,” hence they ultimately failed. Watkins also...
US Judge Considers if Crashed Coins of Terraform Labs Were Securities
16.6.2023
A judge in the United States considered on Thursday whether the cryptocurrencies created by Terraform Labs were securities. The failed blockchain firm and its founder, Do Kwon, have asked the court to dismiss a case filed by the U.S. Securities and Exchange Commission (SEC) alleging that they...
FTX Founder Sam Bankman Fried's Attempt to Dismiss Charges Stumbles in Court
16.6.2023
Sam Bankman-Fried (SBF), the founder and former CEO of the bankrupt crypto exchange FTX, made an effort to have several charges against him dismissed in court.
Although the defense team's arguments faced skepticism from the US federal judge in New York, the judge did agree to divide the charges....
Three Arrows Capital Liquidators Request Contempt Sanctions for Co-Founder Kyle Davies – What's Going On?
16.6.2023
Amid the ongoing legal proceedings surrounding the collapse of Singaporean crypto hedge fund Three Arrows Capital (3AC), the co-founder Kyle Davies is facing potential contempt of court charges.
This is due to his failure to respond to a subpoena requesting information related to the firm's...
Terra Luna Founder Do Kwon to Stay in Custody Amid South Korea's Extradition Request
16.6.2023
Do Kwon, the founder of failed blockchain project Terra, could stay in custody for up to six months while Montenegro's courts consider an extradition request from South Korea.
On Thursday, a Montenegro court extended Kwon's stay in custody for an additional six months as he awaits trial...
Double trouble: FTX founder Sam Bankman-Fried faces two criminal trials
16.6.2023
A District Judge ordered a separate trial for the DOJ's charges against Sam Bankman-Fried which were added following his extradition to the U.S
Crypto Firm Abra Said to be Insolvent in Texas State Regulators’ Cease-and-Desist Order
16.6.2023
According to an emergency cease-and-desist order from the Texas State Securities Board, the cryptocurrency firm Abra is “insolvent or nearly insolvent.” The filing alleges that a group of state securities regulators has been investigating Abra, and the working group interviewed William...
Playboy Founder’s Son Funds His Pokémon Obsession With An OnlyFans
15.6.2023
Marston Hefner, the son of the late Playboy founder Hugh Hefner, is probably the most down-bad person on the planet. He started an OnlyFans account this year to sell tasteful and steamy nudes, and then used that secondary income to fund his habit of collecting Pokémon cards.Read more
Judge Punts on FTX Founder Sam Bankman-Fried's Efforts to Dismiss Some Charges
15.6.2023
Twitter Founder Jack Dorsey Backs Bitcoin Nonprofit Brink with $5 Million Investment – What Does it Do?
15.6.2023
Circle’s founder Jack Dorsey has decided to inject some $5 million into Bitcoin non-profit Brink, providing the organization with funds to finance its support for independent BTC developers.
In a tweet, Brink thanked the entrepreneur for the funds which, as it explained will be allocated to...
Wallet Linked to Curve Founder Repays $1.3M to Aave Amid CRV Token Decline
15.6.2023
Lending protocol Aave DAO has already been recommended to “freeze” millions worth of CRV tokens
Microstrategy’s Saylor Envisions Bitcoin-Only Future for Crypto Industry as US Regulators Hammer the Sector
15.6.2023
According to Microstrategy founder Michael Saylor, regulators perceive no “legitimate path forward” for cryptocurrencies such as stablecoins, crypto securities, and tokens. In an interview with Bloomberg on Tuesday, Saylor emphasized that the entire industry is bound...
3AC Seeks Contempt of Court Ruling on Founder Kyle Davies For Failing to Respond
15.6.2023
Ignoring a subpoena warrants a fine of $10,000 per day, the estate of his hedge fund argues
Aave proposal to freeze alleged Curve founder's loans draws controversy
15.6.2023
The proposal suggests that a cap should be imposed on the use of CRV as collateral, preventing this wallet address from adding more loans