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Sam Bankman-Fried Was a ‘Pathological Liar’: Congressman
14.12.2022
Rep. Ritchie Torres (D-N.Y.) discusses how the disgraced CEO “misled the public” and what he did with Bankman-Fried’s $2,900 political donation
NFT Marketplace Magic Eden Rolls Out Rewards Program
14.12.2022
After re-enforcing royalties earlier this month, the marketplace will reward users for their trading volumes on the marketplace
Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year
14.12.2022
The U.S. central bank’s Federal Open Market Committee (FOMC) convened on Wednesday and raised the federal funds rate by 50 basis points (bps). The 0.5 percentage point rise follows the four consecutive three-quarters of a point increases codified during the last few months. The FOMC’s...
Bitcoin Miner Core Scientific's Lender Wants to Give Miner $72M to Avoid Bankruptcy
14.12.2022
Investment bank B Riley said most of the struggling miner's issues are "self-imposed and can be corrected."
Forget CBDCs, Here’s Where the Biden Administration Needs to Focus in 2023
14.12.2022
Rather than centralizing the digital dollar, lawmakers should focus on exploring a decentralized identification program and develop financial literacy programs for the general public
FTX Hearing in US Senate Reveals Congress Doesn’t Have Immediate Answers
14.12.2022
The crypto industry is calling for U.S. regulations as the epic failures of FTX drag at the sector and most regulators say they can’t do the job without more powers from Congress. So far, a sound-and-fury campaign from lawmakers hasn’t yet signified a path forward
Crypto Lending Platform Maple Finance Unveils Major Overhaul, Stops Lending on Solana
14.12.2022
The improvements attempt to solve Maple’s design shortcomings highlighted during a recent debt crisis, but they may reduce incentives for holding the protocol’s native MPL token in its new form, an analyst said
Federal Reserve Hikes US Rate 50 Basis Points, Slowing Pace but Keeping Hawkish Outlook
14.12.2022
The U.S. central bank raised its benchmark interest rate to a range of 4.25%-4.5% on Wednesday. Officials now expect the current rate-hiking cycle to peak next year at a "terminal rate" above 5%
NFT Sales This Week Jumped 27% Higher, Cryptopunks Rise Above Bored Apes
14.12.2022
On Dec. 14, 2022, statistics show that non-fungible token (NFT) sales jumped 27.72% higher than NFT sales recorded last week. The Bored Ape Yacht Club (BAYC) NFT collection captured the most sales this week but on Wednesday afternoon, the floor value tied to Cryptopunks once again jumped above...
After FTX, Let's Get Back to Hiring the Crypto People for the Job
14.12.2022
You got into crypto for the money. We got in for the system design. We are not the same, says Jenna Pilgrim
PayPal Working With Crypto Wallet MetaMask to Offer Easy Way to Buy Crypto
14.12.2022
Users can buy and transfer ether from PayPal to MetaMask
FTX Bankruptcy Court Warned Against Granting Bahamas 'Dangerous' IT Access
14.12.2022
Testimony from new boss John Ray has proven inflammatory in the Bahamas, where parallel proceedings are attempting to wind up the crypto exchange
The Best RPGs Of 2022
14.12.2022
It was another banner year for role-playing games. Even as the genre beloved for dialogue choices, skill trees, and making the numbers go up gets slowly subsumed into every major blockbuster from Dying Light 2 to God of War Ragnarök, there were still plenty of standouts, both big and small.Read more
Biggest Movers: SOL Hits 3-Week High, as ADA Consolidates Ahead of FOMC Meeting
14.12.2022
Solana surged to a three-week high ahead of this afternoon’s Federal Open Market Committee meeting (FOMC). The token rose for a second consecutive day, hitting a key price ceiling in the process. Cardano mainly consolidated on Wednesday, as prices fell from a recent high. Solana (SOL) Solana...
Understanding the Charges Brought Against Sam Bankman-Fried
14.12.2022
John Walker's Top Ten Games Of 2022
14.12.2022
2022 may have been a year left somewhat fallow for AAA releases, but it had no shortage of fantastic games further down the financial scale. I’ve spent more time playing a card game on my phone than I have playing God of War on my couch, while I’ve been told some of the most interesting...
The Steam Deck Had A Phenomenal First Year
14.12.2022
Though it’s hard to say whether or not “Steam Deck” has become a household name yet, it certainly deserves such a status after an impressive introduction. Valve’s mini-PC has had a one-of-a-kind first year, one that might make other platforms envious. After various attempts at getting into...
SBF to Remain in a Bahamian Jail for 2 Months, Report Claims FTX Execs Had a Covert Chat Channel Called ‘Wirefraud’
14.12.2022
On Tuesday, the former CEO of FTX, Sam Bankman-Fried (SBF), appeared in court with his newly appointed lawyer Mark Cohen, and his legal team asked the Bahamian judge Joyann Ferguson-Pratt to release SBF on bail with an ankle bracelet. Amid the lengthy court hearing reports detail that SBF’s parents...
US Senators Warren, Marshall Introduce Digital Assets Anti-Money Laundering Bill
14.12.2022
U.S. Senators Elizabeth Warren (D-Mass) and Roger Marshall (R-Kan) are introducing an act to crack down on money laundering and financing of terrorists and rogue nations via cryptocurrency
The Year Crypto Yields Blew Up
14.12.2022
We’re left with a smoking ruin of a yield industry, but with some incredibly important “green shoots” from which to rebuild