Customers protest exchange bankruptcy plan: ‘We never gave FTX our coins!’
A committee representing the interests of FTX customers is pushing back against a proposed bankruptcy plan, claiming that it violates their property rights.
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Can Cryptocurrency Create a New Niche in Music Streaming?
The music streaming industry has come a long way since the old days of Napster and the first-ever downloadable music. The new technology that was the internet, combined with faster download speeds, made music sharing possible.Since those early days, regulations and structure have provided a way for companies to monetize digital content while protecting it…

EU will cut off 7 Russian banks from SWIFT, with ordinary Russians facing consequences
Inflation in the eurozone soared to 5.8% in February, well above the European Central Bank’s 2% target, amid a backdrop of escalating sanctions against Russia. 133 Total views 6 Total shares On Wednesday, the European Union announced that within 10 days, it intends to remove seven Russian banks from the Society for Worldwide Interbank Financial Telecommunication, or…

Singapore Grants Crypto License Exemptions to Ripple, Coinbase and Binance
While Singapore recently adopted specific cryptocurrency legislation — the Payment Services Act (PSA) — in January 2020, it turns out that some crypto firms like Ripple, Coinbase and Binance have been exempt from the law since the beginning of the year.The Monetary Authority of Singapore (MAS), the country’s central bank and major financial regulatory authority,…

Axie Infinity’s new Web3 game, LVMH sued over NFT patent: Nifty Newsletter
Web3 gaming project Axie Infinity revealed a trailer of its upcoming blockchain game Atia’s Legacy, which takes place in the Axie universe. In this week’s newsletter, check out non-fungible token (NFT) gaming project Axie Infinity’s new trailer for its upcoming Web3 game, Atia’s Legacy. In other news, luxury fashion giant LVMH has been sued for

Has Bitcoin solidified support at $58K and what’s going on with the Metaverse boom? | Find out now on The Market Report w/ Michaël van de Poppe.
“The Market Report” with Cointelegraph is live right now with special guest Michaël van de Poppe, founder and CEO of Eight Global. 1424 Total views 42 Total shares Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman as they break down the latest news in the markets this…

Banking uses 56 times more energy than Bitcoin: Valuechain report
Fresh figures on Bitcoin’s (BTC) energy consumption, efficiency and scalability serve to expose the banking sector while bathing the world's largest cryptocurrency in a new light. A research report published by Michel Khazzaka, an IT engineer, cryptographer and consultant, calculates that Bitcoin payments are a "million times more efficient" than the legacy financial system. Plus, the Banking…

‘Godfather of ETFs’ Says Bitcoin Exchange-Traded Funds Will be Approved ‘No Time Soon’
Reggie Browne, the so-called “godfather of ETFs,” said that Bitcoin (BTC) Exchange-Traded Funds (ETF) will be certified “no time soon,” Business Insider reported Nov. 1. Browne is a senior managing director and head of ETF trading at financial services firm Cantor Fitzgerald.Founded in 1945, Cantor Fitzgerald focuses on institutional equity, fixed income sales, and trading.…

‘Source of Truth’ — Winklevoss Says Bitcoin Is More Than Digital Gold
Cameron Winklevoss — one half of the eponymous family office Winklevoss Capital and co-founder of the Gemini crypto exchange — says Bitcoin’s (BTC) possibilities go beyond digital gold. In a tweet posted on Oct. 23, Cameron argued that:“Because Bitcoin is open source software, its possibilities are boundless. I often talk about gold as a target market…