Ellison gets two years in prison, Sam Bankman-Fried shares a cell block with Sean "Diddy" Combs, while other FTX execs await their final fates.
Rebecca DentonUSDC's Circle has been making bold moves at home and abroad to secure the SEC's approval of its IPO. The combination of the digital dollar and going public strategy means this major stablecoin issuer introduces a new paradigm to money technology - a public seigniorage.
Eva Senzaj PauramPavel Durov changed Telegram's privacy policy to be more government-friendly. Is this the end?
Eva Senzaj PauramThe projects have developed a ‘smart wallet’ allowing users to efficiently manage their assets across various Ethereum networks.
Alexander MardarThe promise of AO Computer lies in its unique approach to decentralized computing, allowing it to handle the intensive demands of AI applications within smart contracts on top of decentralized nodes. The new project has already attracted nearly $400 million in TVL
Alexander MardarEllison gets two years in prison, Sam Bankman-Fried shares a cell block with Sean "Diddy" Combs, while other FTX execs await their final fates.
Rebecca DentonThe project will distribute approximately 12% of its supply to early users.
What do a famous vampire, TikTok, blockchain, high-end on-chain UX, $DEGEN, Base, and a guy who tokenized himself in 2020 have in common?
An ECB research paper on CBDC adoption strategies and cross border CBDC projects in Asia. Another digital note from HSBC as a new report on the state of tokenization reveals surging trading volumes and a spike in experimentation.
Happy Sunday Observers! Hamster Kombat’s “largest crypto airdrop ever” turned out to be one of the worst airdrops in crypto history. Users were disappointed, as everything that could fail failed, and the rewards of months of tapping turned out much smaller than users anticipated. Things started going south when
TUSD has always raised concerns among DeFi insiders. Now that the SEC's investigation results have become public, its survival is on the line.
The Open Network (formerly Telegram Open Network) team informed validators that the network might face overloads due to the Hamster Kombat airdrop.
Swiss nonprofit BIO Association plans to launch BIO tokens for its biotech network. Ohio state senator introduces bill requiring Ohio to accept Bitcoin for taxes. Ocean launches decentralized mining protocol to combat Bitcoin centralization. FTX restructuring hearing set for October 7. Taiwan's FSC permits pro investors to invest
Solana’s high-speed network and cheap transactions could unlock new opportunities in decentralized finance for both retail and institutional players.
The Bank for International Settlements’ Annual Economic Report 2023 dedicates a significant portion to a ‘Blueprint for the future monetary system’, covering tokenization, CBDCs, smart contracts, and a proposed unified ledger.
Jack MartinThe prize for pea-brained narcissistic philistine of the week must surely go to the tourist caught on video carving his name into the Colosseum in Rome, who had nothing to offer but a grin when challenged over his actions. Italian authorities soon identified the culprit, who faces up to 5
Jack MartinAmid the U.S. SEC's crackdown on its native token, Polygon is intensifying the development of its network. Polygon 2.0 promises a universal value network based on interconnected L2 chains, utilizing zero-knowledge proof technology.
Alex HarutunianComposable Finance extends the reach of its blockchain interoperability tools by connecting Cosmos and Polkadot. Ethereum connection is on the future roadmap.
ObserversKorean lawmakers have passed a law that sets the rules for virtual asset operators in the country. Claimed by the authors to be ‘essential’ rather than ‘holistic’, the law consolidates all drafts pending in parliament and reflects international regulatory trends.
Alex HarutunianJust a month after Ripple acquired Swiss crypto custodian Metaco, Citibank is reportedly reviewing its year-old partnership with the firm and is in talks with other custody providers. It is currently unclear whether the two events are linked.
Jack MartinA new report by Coincub highlights the best and worst countries in which to hold cryptocurrencies, highlighting a new age of national taxation where competition and innovation align.
Eva Senzaj PauramAs part of its work on the digital euro, the European Commission has proposed a definition and regulation for ‘legal tender’ of euro coins and banknotes, as seemingly this has never previously existed in official legislation.
Jack Martin