What to expect at Caroline Ellison’s sentencing hearing
The former Alameda Research CEO’s lawyers have requested time served, and prosecutors seemed flattering in their sentencing memo, but what will Judge Lewis Kaplan say on Sept. 24?
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Money in 2030: A future where DeFi and CBDCs can work together
Decentralized finance (DeFi) is changing the way that people all over the world think about money faster than any previous financial revolution. Banks, which have monopolized the way we’ve accessed money since antiquity, are finally seeing their status being challenged. Now, it’s DeFi which is starting to provide an alternative that could turn the economic…
Crypto regulation decided by Congress, not the SEC: Blockchain Association
The group's policy head doubted a divided Congress can create crypto legislation but said it doesn’t give regulators absolute authority in the interim. 145 Total views 20 Total shares Own this piece of history Collect this article as an NFTDespite attempts to police cryptocurrency through enforcement actions, United States financial regulators “are bound by legal…
Interstellar Enigma diamond sold for $4.5M in crypto
The origin of the carbonade diamond has baffled scientists for years, as it contains some of the precious metals only found in meteorites. 420 Total views 3 Total shares A 555-carat diamond with mysterious origins estimated to be billion years old has been sold for $4.5 million in cryptocurrency at a Sotheby's auction.The diamond has…
DeFi platform Delta Prime suffers $6M breach
The ongoing hack has already netted the attackers over $6 million worth of stablecoins, which have been swapped to ETH by the attacker.
Bitcoin gains superior to stocks in the long term, economist says
The recent crashes in stock and cryptocurrency markets have provided yet another chance to observe better return opportunities of crypto versus stocks, according to several industry executives.This week, the crypto market saw one of its biggest sell-offs ever, with the total market capitalization plummeting more than 30% from $1.8 trillion on May 4 to as…
Telecoms Giant Verizon Seeks Talent for Blockchain-Related Positions
A search for “blockchain” on the career page for telecoms giant Verizon reveals that the company is actively looking to hire new recruits for blockchain-related jobs, including five blockchain developers.The Block highlighted the vacancies in a report on July 24. Verizon is apparently interested in creating a distributed network, as per the report. Additionally, the…
VeChain Foundation reports $1.2B crypto treasury… but spent just $4M in Q1
The supply chain tracking project has a comfortable cushion in its Foundation treasury, but expenditures were very low through the first quarter of 2022. 254 Total views 28 Total shares The VeChain Foundation has released its financial report for Q1 2022 showing that the project amassed an impressive $1.2 billion war chest but only spent…
US lawmaker warns of ‘major consequences’ for users of unregulated crypto firms, citing FTX
"FTX’s FTT tokens are now worthless, and even worse, FTX.com customers are completely unable to access their funds,” said Maxine Waters. 570 Total views 2 Total shares Maxine Waters, chair of the United States House of Representatives’ Financial Services Committee, pushed for additional federal oversight of crypto trading platforms and consumer protection amid FTX facing…