Ex-Alameda CEO was trying to prevent ‘AI disaster’ — former FTX employee
Caroline Ellison’s ex-boyfriend, Sam Bankman-Fried, was sentenced to 25 behind bars for his role in the collapse of the FTX exchange.
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US Court of Appeals reboots HEX manipulation case against Binance.US
A panel of three judges has partially reversed a class-action lawsuit that alleged Binance.US and CoinMarketCap manipulated the price of the HEX token.
Waves To Launch Blockchain-Agnostic Interoperability Protocol
Russian open-source blockchain platform Waves is launching Gravity Hub, a blockchain-agnostic protocol resolving the interoperability issue. It will also operate as a data oracle, feeding data from the outside world to the blockchain. Sasha Ivanov, founder of Waves platform and Waves Enterprise, announced the new project on Dec. 11 at the Waves Meetup in Berlin. Trying…
Zanzibar’s new blockchain sandbox aims to drive tech startup growth
The semi-autonomous region of Tanzania is taking advantage of a sandbox regulatory framework adopted in July.
Payments Processor Stripe Launches Lending Service for Online Companies
Online payments processor Stripe announced the launch of its lending service Stripe Capital for the U.S. internet businesses.On Sept. 5, Stripe announced the launch in a blog post, noting that — once approved — access to funds is usually granted on the next day. The press release states:“Stripe Capital’s full integration with Stripe means there’s…
Ripple Labs bites back against SEC’s request to file appeal
Ripple’s chief legal officer said no “extraordinary circumstance” in the case exists which warrants the Court to accept the SEC’s request for leave. 544 Total views 3 Total shares Ripple Labs has voiced its opposition towards the United States securities regulator’s move towards filing an interlocutory appeal relating to the summary judgment laid down by U.S.…
Facebook Libra Would ‘Discipline’ Weak Economies: Ex Japan Central Banker
Any country seeing widespread use of Facebook’s proposed Libra digital currency could find that its central bank monetary policy is severely undermined. This is the view of Hiromi Yamaoka, former Bank of Japan executive, who oversaw research into digital currencies for the organization.“The emergence of Libra would pressure policymakers to discipline themselves”Issues are likely to…
US Federal Reserve Banks say stablecoins could ‘become a source of financial instability’
The report compares stablecoins to money market funds and ultimately concludes they have similar shortcomings. The Federal Reserve Banks of Boston and New York published a staff report on Sep. 26 comparing stablecoins, such as USDT and USDC, to money market funds. Key findings in the report include the observation that stablecoins and money market
Blockcap plans to have 50K Bitcoin miners operational by 2023
Executive chair and founder Darin Feinstein said the firm plans to make the U.S. a global leader in making blockchain technology mainstream. 3365 Total views 14 Total shares One of the largest crypto mining firms in North America said that it has acquired an additional 8,000 rigs and has begun mining other cryptocurrencies. In an announcement…