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Strike Launches Bitcoin Lightning Network-Enabled Money Transfers to Africa
7.12.2022
United States-based users of Strike, a digital payments platform built on Bitcoin’s Lightning Network, can now transfer funds instantly and at a low cost to Kenya, Ghana, and Nigeria via the recently added new feature known as “Send Globally.” The new feature instantly converts...
Crypto Markets Today: Gensler Restates SEC’s Crypto Authority
7.12.2022
The chairman said the agency has the basic disclosure and governance requirements to hold digital-asset firms accountable, although he did not address the fallout from crypto exchange FTX’s collapse. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto...
House Financial Services Chief Waters Not Planning to Subpoena Sam Bankman-Fried: Report
7.12.2022
A hearing on what happened to FTX is scheduled to take place on Tuesday
2022 Gave Us Elon Musk Drama Every Month
7.12.2022
Whether you like it or not, Tesla/SpaceX/The Boring Company/Twitter/Neuralink CEO Elon Musk is inherently influential as the planet’s wealthiest person, and his influence covers a lot of ground—including that which is currently going on in the video game world. Not exclusively, since Musk’s year...
Privacy-Focused Gnosis Chain to Undergo Its Own Proof-of-Stake ‘Merge’
7.12.2022
This "Merge" will mark the second time in blockchain history that a chain swaps out its old model for proof-of-stake
Telegram Introduces No-SIM Sign-ups With Blockchain-Powered Numbers
7.12.2022
Popular messenger Telegram now allows users to open accounts without the need to provide their mobile phone numbers. With the app’s latest update, they can log in using blockchain-based numbers instead, and they can be purchased with cryptocurrency on the Fragment platform. Telegram Promises ‘New...
Canada’s Largest Pension Fund No Longer Mulling Crypto Investment: Reuters
7.12.2022
CPP Investment has nearly $400 billion in assets under management
'Do You Believe In Second Chances?' Another DAO is Raising Funds to Buy a Copy of the US Constitution
7.12.2022
Inspired by ConstitutionDAO's attempt last year, the unaffiliated ConstitutionDAO2 raised $34,000 in public contributions on its first day
Coinbase CEO Armstrong Confirms Street Expectations for a 50%-Plus Decline in Revenue in 2022
7.12.2022
Analysts previously estimated Coinbase’s annual revenue in 2022 to drop to roughly $3.3 billion this year
Report: FTX Execs Offered Taylor Swift $100M to Endorse the Exchange, Source Says Singer Never Considered the Deal
7.12.2022
According to a report, the American singer-songwriter Taylor Swift was allegedly courted by FTX to promote the exchange. Sources say the deal was worth more than $100 million and it was reportedly pushed by the FTX executive Claire Watanabe. Award-Winning Singer Taylor Swift Was Allegedly Courted...
Data Lake: DeSci the Future of Crypto after the FTX Fiasco?
7.12.2022
It’s no surprise that the news about FTX has dominated the headlines over recent weeks. Since the debacle was made public, several other dominoes have started to fall including the announcement that BlockFi has filed for bankruptcy. Before all of this there was the LUNA/Terra implosion, and...
Gensler Says SEC Is Fine Going After Crypto With Its Current Authority
7.12.2022
Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), isn’t waiting for new powers from Congress in order to enforce securities laws against crypto companies, though he said Wednesday that it would be good to have more money and additional reach beyond U.S. borders
US Sen. Cynthia Lummis: Ether Is Now a Security; My Bill Might Have Stopped FTX
7.12.2022
The Wyoming Republican says the second-largest cryptocurrency was transformed by the Ethereum Merge
South Korea’s Central Bank Wants to Oversee Stablecoins
7.12.2022
The country joins other jurisdictions in proposing standards for stablecoin issuance
Spain’s Central Bank Opens Call for Proposals for Wholesale CBDC Project
7.12.2022
The proposal period will be open until January 31, 2023 for financial institutions and technology solution providers
Blockchain Entrepreneur Arrested in California on Fraud Charges
7.12.2022
Rikesh Thapa is accused of bilking his start-up firm of over $1 million in U.S. currency, cryptocurrency and utility tokens
Be Patient: Sam Bankman-Fried Could Go to Prison for a Very, Very Long Time
7.12.2022
The former wonder boy could be behind bars for the rest of his life, according to U.S. federal sentencing guidelines
Data From October Shows Gold Reserves Held by Central Banks Tapped the Highest Level in 47 Years
7.12.2022
Following the World Gold Council’s (WGC) third-quarter report that shows central banks purchased a record amount of gold, data released by the WGC shows that central banks are buying more gold during 2022’s fourth quarter. Statistics show that the gold held by the world’s central banks is at...
The Game Awards’ Fashion Highlights The Industry’s Identity Crisis
7.12.2022
Like everyone else, I watch The Game Awards for a few reasons: to see “world premiere” trailers, to find out which obvious favorite wins Game of the Year, and to learn how Geoff Keighley is going to cash in his Hideo Kojima friendship coupon this year. But what fascinates me is never the latest...
Number of Brazilian Companies Transacting With Digital Assets Increased Again in October
7.12.2022
More than 41,000 Brazilian firms conducted some form of operation with crypto assets, according to the local tax authority, Receita Federal