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Temasek Has No Immediate Intentions to Invest in Crypto Exchanges After FTX Loss
13.7.2023
Singapore’s state-owned investment fund Temasek does not plan to put money into crypto firms amid the current regulatory uncertainty, according to a top executive. The statement comes months after Temasek lost $275 million from its involvement in the failed cryptocurrency exchange FTX. Temasek...
Exploring The Art Of The Anime Noodle Arm
13.7.2023
Anime art styles are always changing. Shows like Astro Boy and Urusei Yatsura drew influence from Western art styles (particularly that of Disney) in the 1960s, 70s and early 80s. Shows in the late 80s to early 2000s were influenced by their predecessors, creating a distinct style that was easily...
Google Play Store officially allows NFT games, but not gambling ones
12.7.2023
The store’s team said games can offer NFTs for sale or to earn, but developers must declare this feature in their game's descriptions and must not allow gambling
Former CFTC Chair: Crypto Regulations Must Not Wait for Litigation, Standards Needed Today
12.7.2023
A crackdown on the crypto industry in the US should not wait for litigation in courts to conclude, but instead move forward with temporary restraints while the courts do their work, a former regulator has said.
Speaking with CNBC on Monday, Timothy Massad, former chairman of the Commodity Futures...
Central Banks Controlling Money Is Not Democracy, Balaji Srinivasan Says
12.7.2023
If central banks control all uses of money, this is not democracy, Coinbase’s ex-tech chief Balaji Srinivasan is convinced. The entrepreneur commented on statements by the head of the Bank of International Settlements during an IMF meeting devoted to cross-border payments. Balaji Srinivasan Speaks...
Experiments show AI could help to audit smart contracts, but not yet
11.7.2023
Artificial intelligence has proven effective at identifying security vulnerabilities, but early tests indicate it won’t be able to replace humans for a while
Why Threads Got 100 Million Users When Other Twitter Rivals Could Not
11.7.2023
Network effects and ease of use rule the day. And, a lot of people clearly don’t care about decentralization and privacy all that much, says CoinDesk’s Emily Parker
Crypto and Stablecoins Are Not Money, Says Bank of England Governor in Favor of 'Enhanced Digital Money'
11.7.2023
Andrew Bailey, Governor of the Bank of England (BoE), has reiterated his stance against cryptocurrencies, during his recent speech at the Mansion House in London.
Bailey, who has previously voiced his concerns about the speculative nature of digital currencies, said Monday that Bitcoins have...
Japanese Gaming Giant Sega to Pull Support From ‘Boring’ Blockchain Games
11.7.2023
Sega, one of the biggest game developers in Japan, has recently announced changes regarding its blockchain and Web3 gaming policy. The company announced it would not involve its largest franchises in blockchain initiatives, avoiding a possible devaluation of its intellectual properties (IPs)...
Apple May Not Like It, but ‘Zapple Pay’ Finds Workaround for Bitcoin Tipping on Damus
10.7.2023
The new third-party payment service claims to be independent of the Damus iPhone app that Apple has tried to restrict, and lets users tip one another on any app that runs on the Nostr protocol
Binance US Arbitrage: Social Media Users Say BTC Discount Not Indication of an Opportunity
10.7.2023
For several days since Binance US announced the resumption of withdrawals, bitcoin (BTC) has changed hands at a discount and was trading at more than $2,500 below the prevailing market price on July 10. The emergence of a discount on crypto assets paired with USD on Binance US has fueled...
Treasury Secretary Yellen: BRICS Currency Won’t Threaten US Dollar Dominance
10.7.2023
U.S. Treasury Secretary Janet Yellen has stated that she does not see the U.S. dollar’s dominance being threatened by any development, including the proposed BRICS currency. Yellen stressed that all the data of which she is aware shows that the dollar is overwhelmingly used in international...
Vitalik Calls Out ‘Centralized World’ Stifling Crypto Innovation, Tim Draper Adjusts BTC Price Prediction, and More — Week in Review
9.7.2023
“The real competition is not other chains, it’s the rapidly expanding centralized world that is imposing itself on us as we speak.” So says Ethereum co-founder Vitalik Buterin addressing the current volatile regulatory realities in crypto. In other news, venture capitalist Tim Draper...
Democratic Presidential Candidate Robert Kennedy Jr Holds Up to $250,000 in Bitcoin, Records Show
9.7.2023
According to a report published on Friday, Robert F. Kennedy Jr., a Democratic presidential candidate, holds between $100,000 and $250,000 in bitcoin (BTC). The holdings contradict his statements at the Bitcoin 2023 conference in May, where Kennedy claimed he was not an investor. Kennedy’s...
New Report: FTX Abandoned the Deal with Taylor Swift, Not the Other Way Around
7.7.2023
Now-defunct cryptocurrency exchange FTX pulled out of the planned deal with Taylor Swift, not the other way around.
According to sources cited by The New York Times, Swift signed a proposed tour sponsorship agreement with FTX in the spring of 2022, following six months of negotiations.
The deal...
Multichain Woes: Users Informed of an ‘Abnormal’ Transfer of Assets to Unknown Address
7.7.2023
Users of the cross-chain protocol Multichain were on July 6 informed of an abnormal transfer of lockup assets on the Multichain MPC address to an unknown address. While the Multichain team has urged users to stop using the cross-chain protocol, Binance CEO Changpeng Zhao (CZ) told his followers...
‘No, we’re not smuggling people’ - Bitcoin advocate tours Europe in BTC-styled van
7.7.2023
A Bitcoin-themed van promoting adoption around Europe has seen its fair share of drama, including a midnight stop and search by law enforcement agencies
Privacy is not the core feature of Bitcoin, KuCoin CEO says
7.7.2023
KYC is an important measure for crypto exchanges to protect and recover user funds in the case of theft or hacking, KuCoin CEO Johnny Lyu said
IMF Working Paper Urges Tax System Overhaul to Tackle Crypto’s Tax Collection Challenges
7.7.2023
A research paper published by the International Monetary Fund (IMF) warns that tax collection is significantly more challenging with cryptocurrency assets, and current tax systems are not designed to handle them. The IMF’s working paper emphasizes that certain crypto assets may not persist...
Ark Invest Report Reveals 70% of Circulating Bitcoin Supply Remains Unmoved for a Year
6.7.2023
In a newly published report by the American investment management firm Ark Invest, the leading cryptocurrency, bitcoin (BTC), has found support from “strong holders and improved institutional sentiment.” Ark detailed that during the month of June, the supply of bitcoin that has...