Crypto firms cannot naively trust engineers with code, warns Exodus CEO
Exodus CEO JP Richardson says the firm’s security team reviews all engineers’ code to prevent malicious actions.
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FTX fallout: SBF trial could set precedent for the crypto industry
After the collapse of major cryptocurrency exchange FTX in November 2022, former CEO Sam “SBF” Bankman-Fried was arrested by Bahaman authorities on Dec. 12. Just a day later, the United States Securities and Exchange Commission and Commodity Futures Trading Commission filed charges against him for allegedly defrauding investors and violating securities laws.On Dec. 22, Bankman-Fried…

Bitcoin Fights to Hold at $10,150 as US Stock Market Sees Minor Uptrend
Sunday, Aug. 18. — Most of the top 20 cryptocurrencies are suffering moderate losses on the day, as Bitcoin (BTC) struggles to stay over the $10,150 mark again.Market visualization courtesy of Coin360Bitcoin price is currently down by 1.79% on the day, trading at around $10,166 at press time, according to Coin360. Looking at its weekly…

Billionaires lose billions: What’s happening with Elon Musk and Sam Bankman-Fried?
In a matter of weeks, two major players in the tech industry have seen their net worth drop by billions of dollars — partly the result of their own business decisions.Sam Bankman-Fried, the now former CEO of crypto exchange FTX, reportedly had a net worth of roughly $24 billion in March and $16 billion as…

Brave Comes Under Fire for Binance Affiliate Link Autofill
Brave appears to have removed a controversial feature that was auto-filling the company’s affiliate link when a user attempted to access Binance. 1003 Total views 28 Total shares Crypto-powered privacy-focused web browser Brave has come under fire for automatically filling an affiliate link into its address bar when a user attempts to access the website…

Pro sports league Karate Combat to launch DAO for fan, athlete governance
Karate Combat’s DAO will be launched as part of a three-year sponsorship deal with Hedera’s HBAR Foundation, expected to go live in December 2022. 275 Total views 31 Total shares Karate Combat, a prominent full-contact martial arts league, announced the decision to form a decentralized autonomous organization (DAO) to transition its governance to fans and…

US national figure skating body adopts Bitcoin donations
After announcing plans to go crypto in September last year, the U.S. Figure Skating now officially accepts Bitcoin for donations. 352 Total views 9 Total shares The United States national governing body for the sport of figure skating, the U.S. Figure Skating, is the latest organization in the country to enable donations in cryptocurrencies like…

Crypto tops fixed-income on ETF investor wishlist: Schwab survey
Crypto is second only to equities and for millennial investors it tops the list, the survey said.

New York Mayor urges state to abandon ‘stifling’ BitLicense scheme
“We have to continue to be competitive” the mayor said in a keynote interview at a London crypto conference where he suggested scrapping the states’ BitLicensing requirement. 277 Total views 20 Total shares New York City Mayor Eric Adams has hit out at his states’ BitLicensing regime, claiming that it stifles innovation and economic growth.In…