Metaplanet rallies 10% as it scoops Bitcoin for third time in 2 months
The firm’s third Bitcoin purchase since April 23 brings its total holdings to 141.07 Bitcoin, worth over $9.6 million.
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Law Decoded: Independence Day Sees Challenges to Privacy, Property and Security, June 26–July 3
Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law.Editor’s noteThe U.S. is preparing for its Independence Day tomorrow. New spikes in positive COVID-19 tests will put a damper on some but not all of the traditional fireworks, cookouts and Martina McBride. On the same day,…
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Sam Bankman-Fried was reportedly worried for his safety during his pre-trial detention time at the Brooklyn Metropolitan Detention Center and even considered paying another inmate for “protection,” according to a former inmate. New York mob enforcer-turned-informant Gene Borrello told crypto blogger Tiffany Fong in a Nov. 30 interview that he spent time with Bankman-Fried in the
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FBI Solicits Information From Bitconnect Investors With Voluntary Questionnaire
The United States Federal Bureau of Investigation (FBI) is seeking to contact investors in alleged ponzi scheme Bitconnect (BCC) that collapsed in January last year, a news statement confirmed on Feb. 20.As part of ongoing investigations into the activities of the well-known but shadowy scheme, the Cleveland branch of the U.S. law enforcement agency appealed…
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For whom the benefits toll: Enterprise blockchain is the evolution of economic architectures
In my two-decade career at Microsoft, leading .NET platform architecture, visual studio .NET development, application platform, enterprise strategy and Microsoft Digital, I have been part of building technologies for multiple waves of platforms: the early web, service-oriented architectures, the so-called Web 2.0, and more recently, the Cloud.While there is no doubt that previous waves of…
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Why Telegram’s TON-only strategy for Mini Apps could backfire
Telegram’s approach wasn’t unexpected, but many raised questions about the messenger’s pursuit of freedom and decentralization.
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House fails to override Biden’s veto on nullifying SEC crypto rule
Though the resolution overturning an SEC rule on banks handling crypto passed in the House in May, the legislation required at least 288 members to override President Biden’s veto.
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Ethereum derivatives look bearish, but traders believe the ETH bottom is in
Ether (ETH) rallied 5.5% in the early hours of Nov. 29, reclaiming the critical $1,200 support. However, when analyzing a broader time frame, the 24% negative performance in the past 30 days significantly impacts investors' sentiment. Moreover, investors’ mood worsened after BlockFi filed for bankruptcy on Nov. 28.Newsflow remained negative after the United States Treasury…
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Metaverse division’s $4B loss drags on positive first quarter for Meta
Zuckerberg expects Reality Labs operating losses to increase year-over-year in 2023. 549 Total views 5 Total shares Own this piece of history Collect this article as an NFTMeta suffered a nearly $4 billion loss from its metaverse unit with Reality Labs in what was otherwise a solid first quarter for the Mark Zuckerberg-led social media…