FTX says creditors supported reorganization plan with a 95% vote
FTX chief restructuring officer and CEO John Ray III said the plan promises 100% return plus interest for non-governmental creditors.
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Samsung Keeps Cryptocurrency Functionality in Galaxy S20 Models
South Korean technology giant Samsung recently unveiled its latest smartphone series, the Galaxy S20, at the Unpacked 2020 event in San Francisco. While the headline feature is undoubtedly the new camera, according to the official marketing material the phone will also improve on the integrated blockchain security features introduced a year ago on the Galaxy S10.Security…

ConsenSys exec on MetaMask Snaps security: ‘Consent is king’
ConsenSys head of developer community Francesco Andreoli explained that users could get more transaction insights through MetaMask Snaps. 210 Total views 2 Total shares As malicious actors continue their attempts to steal users’ crypto assets, wallet provider MetaMask has developed a way to give users more insights into the transactions and interactions within the application. In

Chicago DeFi Alliance Launches to Save Decentralized Finance
Amid the apparent ongoing collapse in decentralized finance (DeFi) lending, a group of major trading and cryptocurrency companies in the United States are launching an alliance to support the sector.Introduced on April 7, the Chicago DeFi Alliance (CDA) aims to provide DeFi-focused startups and entrepreneurs with support and guidance in complying with trading regulations and…

Russia’s Central Bank Seeks to Ban Crypto Issuance and Circulation
After years of uncertainty about its cryptocurrency regulation, Russia is further confusing its proposed crypto law as the country’s central bank made yet another statement on the issue.According to a legal executive at the Bank of Russia, the country’s major but still unfinalized cryptocurrency legislation — a bill “On Digital Financial Assets” — will ban…

A Call for Sensible Regulation: The Fate of Future Innovation in India
India has developed a somewhat paradoxical relationship with cryptocurrencies, blockchain and other emerging technologies. On one hand, the Indian government is a huge proponent of distributed ledger technology, with several government-led initiatives gaining ground across the country. On the other hand, the Reserve Bank of India issued a de facto ban on cryptocurrencies when it…

Bitcoin may hit new high if US employment, inflation slows
Bitcoin could hit new highs in a matter of days if it holds strong amid three-year low job openings and possible slowing inflation in the U.S., says crypto researcher Markus Thielen.

MMORPG went into ‘hiatus’ after crypto investors bailed, denies it misused funds
Phat Loop Studios, the company behind the "Pokemon-like" game Untamed Isles has blamed the crypto market crash as a reason its investors bailed. 385 Total views 17 Total shares Phat Loop Studios, the company under fire last week for abandoning its Kickstarter and crypto-funded MMORPG game Untamed Isles, is now denying accusations that they lost…

Did CBDCs affect the crypto space in 2020, and what’s next in 2021? Experts answer
It is hard to imagine that just two years ago, the general discourse around central bank digital currencies, or CBDCs, was mainly focused on the potential and possibility of issuing them. Even in 2019, the question was about whether we need state-owned cryptocurrencies, with only 70% of central banks worldwide studying the potential of issuing…