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Showing posts from November, 2022

Legal professionals astonished as SBF admits failures, apologizes 12 times in interview

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The former FTX CEO has offered multiple apologies and admitted failings at least a dozen times during the one-hour interview. from Cointelegraph.com News https://ift.tt/oFbpGeD via IFTTT

BTC price taps $17K as analysis warns of inbound Bitcoin ‘risk events’

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Bitcoin faces more than just FTX fallout in December, with macro data due and the Mt. Gox payouts getting closer. from Cointelegraph.com News https://ift.tt/Isklcaz via IFTTT

What is the best crypto use case? Community answers

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A community member argued that the best crypto use case is still how crypto provides a decentralized, peer-to-peer payment system that eliminates middlemen like banks. from Cointelegraph.com News https://ift.tt/ZCWR0wD via IFTTT

Binance acquires regulated crypto exchange in Japan

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Binance has managed to expand its services throughout the past year by either acquiring an operating license or buying a stake in a regulated entity. from Cointelegraph.com News https://ift.tt/J16ieEB via IFTTT

Brazil passes law to legalize crypto as a payment method

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The law was approved by the Chamber of Deputies of Brazil but still requires the approval of the executive branch to be enacted. from Cointelegraph.com News https://ift.tt/ALk3Ve4 via IFTTT

Blockchain-based supply chain platform canned by IBM and Maersk

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Although the TradeLens platform will officially go offline in Q1 2023, Maersk said it's not given up its effort to digitize the supply chain industry. from Cointelegraph.com News https://ift.tt/FmQHk32 via IFTTT

Metaverse exploitation and abuse to rise in 2023: Kaspersky

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Cybercriminals will flock to the Metaverse next year to prey on unsuspecting virtual world participants according to a report by cybersecurity firm Kaspersky. from Cointelegraph.com News https://ift.tt/GXnzZc6 via IFTTT

Chainlink eyes 25% rally ahead of LINK staking launch in December

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LINK's price could rally on speculations over Chainlink's oracle services growth coupled with a supportive technical pattern. from Cointelegraph.com News https://ift.tt/shRe4LA via IFTTT

BlockFi bankruptcy filing triggers a wide range of community reaction

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Some pointed their fingers at podcaster Anthony Pompliano for promoting the crypto lending platform quite recently. from Cointelegraph.com News https://ift.tt/GuJ4Bvo via IFTTT

Blockchain-based fintech company prepares to enter $500B freight settlement market

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Although rare, real-world blockchain utility does exist, now evidenced by one company’s efforts to reduce transactional fees in supply chains. from Cointelegraph.com News https://ift.tt/Ynv0V9t via IFTTT

National Bank of Ukraine releases draft concept for digital hryvnia

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One of the design options for the Ukrainian CBDC describes the e-hryvnia available for usage in crypto exchange operations. from Cointelegraph.com News https://ift.tt/6vjXNAB via IFTTT

LBRY alleges Apple forced it to censor certain terms during COVID-19

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After Elon Musk lamented the winding back of Apple's Twitter advertising, crypto company LBRY replied about its own troubles with Apple and censorship. from Cointelegraph.com News https://ift.tt/1TByvaV via IFTTT

Nifty News: China’s lockdown protest NFTs emerge, Candy Digital cuts staff, and more

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Two collections have appeared on NFT marketplace OpenSea depicting images and art related to the rare widespread protests in China over its lockdown policies. from Cointelegraph.com News https://ift.tt/i7LbXp1 via IFTTT

How Web3 resolves fundamental problems in Web2

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Web3 is the next-era internet based on decentralized architecture and some innovative concepts. Find how Web3 resolves fundamental problems in Web2. from Cointelegraph.com News https://ift.tt/gDszMTQ via IFTTT

TON Telegram integration highlights synergy of blockchain community

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Independent developers from The Open Network community developed a Telegram bot for trading and transferring cryptocurrency. from Cointelegraph.com News https://ift.tt/0JRZSQ1 via IFTTT

The reason bots dominate crypto gaming? Cash-grubbing developers incentivize them

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Users who have the most ability to profit from the crass profiteering mechanisms are those who use automated systems to “play” the games. from Cointelegraph.com News https://ift.tt/pY8AWOD via IFTTT

Bitcoin 'millionaire' wallets drop 80% in year of BTC price bear market

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Twelve months after Bitcoin's last all-time high, seven-figure BTC balances have taken a hit. from Cointelegraph.com News https://ift.tt/DQCnbcq via IFTTT

Putin calls for blockchain-based international payment system

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The Russian President criticized Western's sanctions and urged for a system "independent of external interference". from Cointelegraph.com News https://ift.tt/vo5YPFc via IFTTT

What is an Ethereum Virtual Machine (EVM) and how does it work?

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Forming the backbone of the Ethereum Blockchain, EVM provides developers with a run-time environment to build DApps and other applications. from Cointelegraph.com News https://ift.tt/lXjni23 via IFTTT

Fenix Games raises $150M to fuel next-generation blockchain gaming

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Chris Ko, CEO and co-founder of Fenix Games, considers Fenix Games “like a VC fund” for powering the next generation of blockchain games. from Cointelegraph.com News https://ift.tt/UXhsTKa via IFTTT

How low can the Bitcoin price go?

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Bitcoin is a "buy the dip" opportunity with the BTC price at $16,000 or a bear market capitulation waiting to happen, depending on who you ask. from Cointelegraph.com News https://ift.tt/qB4T7Cw via IFTTT

Canada crypto regulation: Bitcoin ETFs, strict licensing and a digital dollar

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The first and the last major attempt to encourage a comprehensive crypto framework was buried in the House of Commons on Nov. 23. from Cointelegraph.com News https://ift.tt/gYuQUOB via IFTTT

Sustainability: What do DAOs need to succeed in the long run?

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The growing presence of projects identified as DAO raises the question: What makes them sustainable across time and technology changes? from Cointelegraph.com News https://ift.tt/BnIGi8r via IFTTT

Bitcoin new 'worst case scenario' puts BTC bear market bottom near $6K

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Bitcoin capitulation action could send BTC price back to an area double the 2018 bear market bottom, says Decentrader's Filbfilb. from Cointelegraph.com News https://ift.tt/Lm6IpQ8 via IFTTT

IIROC-registered Canadian crypto exchange Coinsquare suffers data breach

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On Nov. 19, Coinsquare had to temporarily shut down operations to investigate an unusual activity on its platform. from Cointelegraph.com News https://ift.tt/v8Q1cq2 via IFTTT

SEC chair's crypto oversight strategy in question as ecosystems collapse

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Congressman Tom Emmer showed concerns about the oversight strategy implemented by Gary Gensler, the chair of the U.S. Securities and Exchange Commission for the crypto ecosystem. from Cointelegraph.com News https://ift.tt/fd9pac7 via IFTTT

Turkey seizes FTX assets in the country amid the ongoing investigation

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Turkey’s Financial Crimes Investigation Board has seized assets belonging to Sam Bankman-Fried after launching an investigation into FTX's affairs in the country. from Cointelegraph.com News https://ift.tt/sWNemCT via IFTTT

ConsenSys addresses MetaMask IP collection, claims nothing has changed

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ConsenSys says the IP address data collected through MetaMask users will not be monetized or “exploited.” from Cointelegraph.com News https://ift.tt/FIxLbQq via IFTTT

Will Bitcoin hit $110K in 2023? 3 reasons to be bullish on BTC now

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Bitcoin is printing significant bullish divergences with BTC price in line for a “massive bull run,” new analysis argues. from Cointelegraph.com News https://ift.tt/oFdkOKb via IFTTT

Crypto lender Matrixport seeks $100M funding despite lending crisis

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Bitmain-backed crypto lender Matrixport is the other half of a new funding round targeting a $100 million raise. from Cointelegraph.com News https://ift.tt/Sk6Ioeq via IFTTT

How does the FTX collapse affect Dubai's crypto ecosystem?

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CoinMENA CEO Talal Tabbaa believes that the FTX collapse will not change the vision of the UAE to become a global crypto hub. from Cointelegraph.com News https://ift.tt/jCLx91w via IFTTT

Uzbekistan issues first crypto licenses to two local ‘crypto stores’

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Starting from January 2023, only licensed cryptocurrency firms will be allowed to provide cryptocurrency trading services to Uzbek citizens. from Cointelegraph.com News https://ift.tt/bsSuWDH via IFTTT

StarkNet makes Cairo 1.0 open source in first step toward community control

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StarkNet has prioritized scalability over composability and transparency. But it’s now working on making its tech open source. from Cointelegraph.com News https://ift.tt/DBPa5Au via IFTTT

UAE regulator revokes FTX license amid the exchange collapse

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Dubai regulators noted that no clients were exposed as FTX MENA was still in the preparation phase before getting fully approved to operate. from Cointelegraph.com News https://ift.tt/swESBJg via IFTTT

Crypto lender Hodlnaut reportedly faces police investigation in Singapore

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Hodlnaut reportedly lied about its exposure to the now-defunct Terra algorithmic stablecoin and lost nearly $190 million. from Cointelegraph.com News https://ift.tt/uRxyTUw via IFTTT

Russia intends to launch a ‘national crypto exchange’

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Local lawmakers are working on amendments to the existing legislation “On digital financial assets” in consultation with market stakeholders. from Cointelegraph.com News https://ift.tt/69hYlfy via IFTTT

10,000 BTC moves off crypto wallet linked to Mt. Gox hack

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The crypto was dormant in the account for over seven years and with the move, a majority found its way to personal wallets. from Cointelegraph.com News https://ift.tt/smIAuM7 via IFTTT

CrossTower eyeing further crypto acquisitions outside of Voyager bid

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CrossTower’s president said they would place extra emphasis on highly transparent and compliance-focused companies in light of the FTX collapse. from Cointelegraph.com News https://ift.tt/Qc9VnR3 via IFTTT

Bukele's government introduced a bill to launch the 'Bitcoin bonds'

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A new bill confirms the government’s plan to raise $1 billion and invest them into the construction of a “Bitcoin city.” from Cointelegraph.com News https://ift.tt/pufeovR via IFTTT

Central banks can use Bitcoin to fight off sanctions: Harvard research

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Matthew Ferranti, a Ph.D. candidate at Harvard, pointed out that Bitcoin is an optimal alternative hedging asset for central banks. from Cointelegraph.com News https://ift.tt/JDso2th via IFTTT

New York governor signs PoW mining moratorium into law

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Governor Kathy Hochul signed the PoW moratorium bill into law on Nov. 22, nearly four months after the bill was approved by the state senate. from Cointelegraph.com News https://ift.tt/G9b1AQd via IFTTT

FTX collapse triggers second thoughts on Busan City's crypto exchange plans

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The Busan city administration has signed agreements with multiple crypto firms, including Binance, Huobi Global, Crypto.com, as well as the troubled FTX exchange. from Cointelegraph.com News https://ift.tt/Y8MP4mW via IFTTT

Cybercrooks to ditch BTC as regulation and tracking improves: Kaspersky

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The cybersecurity firm predicted that crypto-related cybercrime won't slow down in 2023, but it will move on from Bitcoin as a source of payment. from Cointelegraph.com News https://ift.tt/IlyxTfd via IFTTT

Institutional investors are buying through crypto winter: Survey

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Institutional investors continue to see the long-term potential of crypto and have been loading their bags throughout the year, according to a survey. from Cointelegraph.com News https://ift.tt/9WDFe3p via IFTTT

Tornado Cash developer Alexey Pertsev to stay detained until next year’s hearing

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A Dutch court hearing ruled that the Tornado Cash developer would be held for another three months as the investigation continues. from Cointelegraph.com News https://ift.tt/nHgIjAs via IFTTT

Bitcoin will survive failure of ‘any giant’ in crypto, Samson Mow says

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Bitcoin cannot be destroyed by the fall of cryptocurrency giants like FTX or, hypothetically, other big exchanges, according to Samson Mow. from Cointelegraph.com News https://ift.tt/IegmlAR via IFTTT

Industry expresses confidence in the NFT space amid the FTX collapse

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NFT artist Johnathan Schultz believes that the era of NFTs without utility is dwindling, and to survive, it must outgrow the “memeification” of things. from Cointelegraph.com News https://ift.tt/adqfn9v via IFTTT

SBF, FTX execs reportedly spend millions on properties in the Bahamas

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At least 19 properties worth around $121 million were reportedly purchased under FTX's name, Sam Bankman-Fried’s parents and senior-level executives. from Cointelegraph.com News https://ift.tt/8WtwQdZ via IFTTT

US senators urge Fidelity to reconsider its Bitcoin offerings after FTX blow-up

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The crypto-skeptic senators suggested the FTX collapse made it “abundantly clear” that the digital asset industry has "serious problems." from Cointelegraph.com News https://ift.tt/GSvXAHf via IFTTT

First official DAO in the US to fight SEC without attorneys

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American CryptoFed DAO begins litigation battle with SEC over 2021 token registrations, opts not to have attorneys in a fight for registration. from Cointelegraph.com News https://ift.tt/BD5uqOX via IFTTT