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However, the new venture raises many concerns, given the founders’ dubious reputations and the failures of their previous projects.
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 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 regulators banned platforms allegedly facilitating anonymous crypto transactions for criminal activities.
Sasha MarkevichHowever, the new venture raises many concerns, given the founders’ dubious reputations and the failures of their previous projects.
Alexander MardarRipple obtains financial services license approval in Dubai. Binance Kazakhstan secures first full trading license. Robinhood launches crypto transfers for European customers. Gemini to close all customer accounts in Canada. Binance adds risk warning banners for tokens with major tokenomics changes. FTX customers approve restructuring plan with 94% in favor.
The 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
Crypto exchange OKX published its seventh monthly Proof of Reserves, posting a value of $10 billion using a zk-STARK methodology.
Sasha MarkevichAfter a tense period of negotiations, this weekend Joe Biden finally signed into law a bill to suspend the U.S. debt ceiling until January 1, 2025. The eleventh hour agreement means that the world no longer has to worry about the potential ramifications of a first-ever U.S. debt
Jack MartinApple’s Goldman Sachs-run savings account attracted 240,000 new customers in its first week of launch, but many have complained of problems withdrawing their money. Experts have suggested that this may be down to the over-zealous application of anti-money laundering measures.
Jack MartinThe famous game retailer GameStop has partnered with the Telos Foundation, creator of the layer 1 blockchain Telos, to pilot a new Web3 game launchpad called Playr.
Alex HarutunianThe third round of the e-krona project's practical tests, which were completed in April, focused on the practical implementation of the Riksbank's potential CBDC.
Alex HarutunianThe hacker relied on users not reading an update proposal that essentially placed the DAO's governance under their personal control
Alex HarutunianThe European Central Bank has published reports on its recent market research and prototyping activities, during which it was both told, and shown, that launching a digital euro CBDC to its currently proposed specification is inherently possible.
Jack MartinWith Litecoin’s halving approaching and the new hype surrounding LTC-20 tokens, its price reached new highs in the first weeks of May. It has since dropped again, but for how long?
Eva Senzaj Pauram