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PayPal has become an episode of Black Mirror: Elon Musk

December 14, 2022 by

The “PayPal Mafia” including co-founders Peter Thiel and Elon Musk have slammed the payments platform over its “totalitarian” debanking policies.

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CFTC declares Ether as a commodity again in court filing

December 14, 2022 by

The community is hopeful that the assertion by the CFTC will put to bed claims that staked coins are securities according to the Howey Test.

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Apple to allow third-party app stores in windfall for NFTs and crypto

December 14, 2022 by

In a win for crypto app developers, incoming EU laws will force Apple to permit alternative app stores and apps without the need to go through its App Store.

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Algorand to support bank and insurance guarantees platform in Italy

December 13, 2022 by

This is the first time an EU Member State will use blockchain technology for bank and insurance guarantees, according to Algorand.

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What Goldman Sachs’ CEO misunderstands about private blockchains

December 13, 2022 by

Blockchains aren’t meant to provide big banks with another venue for imposing new fees on users.

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Crypto community members discuss Bank-run on Binance

December 13, 2022 by

According to CEO Changpeng “CZ” Zhao, Binance has seen outflows of an estimated $1.14B from its exchange

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Ethereum rallies to $1,350, but derivatives metrics remain neutral to bearish

December 13, 2022 by

Pro traders aren’t buying ETH’s recent rally to $1,350 and data shows they expect Ether price to retrace if Fed chair Powell takes a hawkish tone on Wednesday.

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German crypto asset trading platform Bitcoin Group SE buys bank with full license

December 13, 2022 by

Bankhaus von der Heydt has its own stablecoin and digital asset custody and tokenization services, but it was on the market for a while and almost went to BitMex execs.

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Binance net withdrawals topped $3.6B over the last 7 days: Report

December 13, 2022 by

The sudden uptick in outflows may have been caused by market makers leaving the exchange.

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‘You can commit fraud in shorts and T-shirts in the sun,’ says SDNY attorney on SBF indictment

December 13, 2022 by

Damian Williams called on individuals who may have been involved in alleged illegal actions at FTX and Alameda to “come see us before we come see you,” hinting at future arrests.

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Is DeFi back? GMX rallies toward all-time high and LOOKS price gains 30%

December 13, 2022 by

GMX and LOOKS price pulled off double-digit rallies in the last week as former BitMEX CEO Arthur Hayes revealed his investment thesis for both projects.

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Breaking: SBF’s lawyers request bail in Bahamas Magistrate Court pending extradition

December 13, 2022 by

The move comes just one day after the crypto executive’s arrest on Dec. 12.

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Indictment against SBF unsealed, contains 8 counts of financial and elections fraud

December 13, 2022 by

The indictment from the Southern District of New York names only Sam Bankman-Fried, but contains allegations of illegal activities by “individuals known and unknown” as well.

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FTX hearing: US lawmakers criticize use of Quickbooks, creepy dough, and ‘conscientious stupidity’

December 13, 2022 by

Some members of the U.S. House of Representatives questioned whether Sam Bankman-Fried’s actions at FTX and Alameda may have been willful or due to gross incompetence.

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MetaMask Institutional, Cobo and Gnosis DAO team up for soulbound token project

December 13, 2022 by

A new soulbound NFT project from Cobo, MetaMask Institutional and Gnosis Safe is bringing new nonfungible exclusivity and proof of identity to users.

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ConsenSys launches zkEVM private beta testnet

December 13, 2022 by

The software has received over 150,000 signups so far.

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‘Old money has all but fled,’ Huobi co-founder discusses challenges of running $400M VC fund

December 13, 2022 by

Jun launched the fund amidst the bear market this year and continues to invest in Web 3.0 companies.

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Web3 game DOGAMÍ secures $14M total funding

December 13, 2022 by

DOGAMÍ’s team says it hopes to develop the first Web3 mobile game for mainstream audiences.

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Crypto hotspots continue to thrive despite FTX collapse

December 13, 2022 by

Crypto-friendly cities throughout the world report growth and innovation despite recent events.

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CFTC files lawsuit against Sam Bankman-Fried, FTX, and Alameda for fraud

December 13, 2022 by

According to the federal regulator, SBF and FTX companies “used FTX customer funds for a variety of personal expenditures” including real estate and private jets.

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Markets Pro delivers up to 1,123% ROI with quant-style crypto analysis for investors

December 13, 2022 by

25 of Markets Pro’s 45 strategies are beating buy-and-hold strategies, one of which has returned over 21,000% since 2021.

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Can Bitcoin survive a Carrington Event knocking out the grid?

December 13, 2022 by
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Bitcoin sees CPI volatility as lower inflation sends BTC price to $18K

December 13, 2022 by

Inflation undercuts expectations, but Bitcoin remains at risk of fallout from a risk asset “deflationary panic” in Q1 next year, one analyst warns.

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Decentralized solutions for climate change are key as COP disappoints

December 13, 2022 by

Climate change initiatives led by politicians and sponsored by some of the biggest polluters demand a change in initiatives — Decentralized tech could play a key role.

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Gamers are more interested in earning Bitcoin than NFTs: Survey

December 13, 2022 by

The study found that compared to NFTs, five times more respondents are interested in earning Bitcoin while playing games.

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Ledger hardware wallet adds DeFi tracking feature

December 13, 2022 by

The Ledger Live app, which pairs with Ledger hardware wallets, integrated a new DeFi tracking feature to monitor performance analytics of over 1,000 protocols.

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Canada bans crypto leverage and margin trading after FTX collapse

December 13, 2022 by

Now-bankrupt exchange FTX attempted to enter Canada in June 2022, but local regulators have managed to prevent the mess.

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Bahamas reportedly asked SBF to mint new coin after FTX collapse

December 13, 2022 by

The FTX collapse has reportedly fueled a major international legal dispute between the United States and the Commonwealth of the Bahamas.

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SEC charges FTX CEO SBF for defrauding investors a day after his arrest

December 13, 2022 by

SEC has filed charges against the former CEO Sam Bankman-Fried, accusing him of defrauding U.S. customers and concealing the diversion of customers’ funds.

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SBF planned to blame everyone but himself, shows leaked Congress testimony

December 13, 2022 by

SBF blamed the current CEO, his legal counsel, the law firm he appointed for bankruptcy, and Binance CEO CZ, without admitting any wrong on his part.

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