Month: February 2023
Failing into tech and content design
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The Twelve Networking Truths (1996)
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Coinbase, Anchorage Say They’ll Be OK Under SEC Custody Proposal, But Risks May Lurk for Others
The U.S. Securities and Exchange Commission (SEC) is officially working toward forcing investment advisers to make hard decisions about how they keep clients’ crypto assets, but the agency’s Wednesday proposal comes with good-news, bad-news elements now being studied by industry lawyers and lobbyists.
‘The Masked Singer’ Launches Token-Gated Fan Experience
Now in its ninth season, fans of the reality singing competition can sign up for a free “Loyalty Pass” and purchase art NFTs.
Crypto Trading Firm Auros Global Restructures $18M in Debt on Maple Finance
Auros Global has missed its payments on decentralized finance loans since November, citing funds frozen on the collapsed crypto exchange FTX.
Tether’s USDT Gains $1B as Paxos Burns Over $1.8B of Binance USD Stablecoins
The increase comes as BUSD issuer Paxos faces increasing regulatory scrutiny.
US Prosecutors Ask Judge to ‘Prohibit’ Bankman-Fried From Using Phones, Internet
Federal prosecutors asked a judge to modify the terms of FTX founder Sam Bankman-Fried’s release on bond to ban him from using cell phones or the internet except under very specific conditions.
The SEC shook Kraken down for $30M, but it doesn’t mean they had a case
Kraken agreed to a settlement with the SEC, but that didn’t change the law. Staking does not constitute a security.
Twitter is relaxing its policies to allow cannabis ads
Illustration by Alex Castro / The Verge Twitter will allow cannabis ads on the platform starting today, the company announced in a blog (per Axios). The company previously allowed CBD topical ads targeting some US users. The policy change means Twitter — where major ad firms have cautioned clients against buying ads following Elon Musk’s … Read more
Blur Escalates Royalty Battle With OpenSea, Recommends Blocking Platform
The zero-fee marketplace published a blog post on Wednesday explaining how creators can earn full royalties on its platform, suggesting that they block sales on competitor OpenSea.
US lawmakers reintroduce bill to removing roadblocks for crypto investments in retirement accounts
Four Republican senators have signed on to a bill aimed at barring the U.S. Department of Labor from investigating individuals “using brokerage windows to invest in cryptocurrency”.
State of Crypto: Interpreting the Paxos-Binance Tea Leaves
Remember how the U.S. Securities and Exchange Commission’s declaration of war against crypto staking was big news for like two days? This week we’re looking at the other big news from last week: Paxos and the Binance USD stablecoin it issues. The SEC has apparently alleged the sale of BUSD violates securities laws, and the … Read more
Apple’s mixed reality headset will reportedly debut at WWDC
Illustration: Nick Barclay / The Verge Apple plans to introduce its long-rumored mixed reality headset at this year’s Worldwide Developers Conference, according to a new report from Bloomberg’s Mark Gurman. The reveal date has apparently been pushed back multiple times — most recently, the aim was to first show it in the spring — but … Read more
FDIC warns CEX.IO and its reviewers to remove potentially false claims about insurance
The U.S. federal agency found a claim about deposit insurance in the fine print on the exchange’s website and on websites that reviewed it.
Abu Dhabi to back the growth of Web3 startups with $2B
The initiative promises to provide Web3 startups with access to corporate, government, and investment partners in both global markets and the UAE.
A Concerning Trend
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