Why is Solana (SOL) price down today?
Solana price failed to break above an accumulation zone’s upper range, weakening buyers’ confidence.
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Sam Bankman-Fried arrested and consented to the extradition — Law Decoded, Dec. 12-19.
Welcome to Law Decoded, your weekly digest of all the major developments in the field of regulation.The FTX drama escalated last week when the Royal Bahamas Police Force arrested its former CEO, Sam Bankman-Fried, at the request of the United States government. Within hours, politicians, crypto executives and influencers had all booted up their Twitter…
Hong Kong and UAE central banks collab on crypto rules, fintech development
The two central banks are aiming to align their financial service sectors and said both share “many complementary strengths.” Hong Kong and the United Arab Emirates' (UAE) central banks are looking to collaborate on cryptocurrency regulations and financial technology development.On May 30, the Hong Kong Monetary Authority (HKMA) said it met with its counterparts at…
Ethereum is eating the world — ‘You only need one internet’
There’s a version of the future that’s tantalizingly possible in which Ethereum becomes the base layer for pretty much everything.Recent advances in a technology called zero-knowledge Rollups — from StarkWare, Polygon and zkSync — enable the blockchain to move from fewer than 20 transactions per second to… well, an infinite number of TPS.In theory, it…
Tether to publish reserve reports in real time in 2024: Bloomberg
Paolo Ardoino, Tether’s chief technical officer and upcoming CEO, said the firm plans to start publishing reserve data in real-time in 2024, according to a report. 304 Total views 2 Total shares Tether Holdings, the issuer of the world’s largest stablecoin by market capitalization, Tether (USDT), is reportedly preparing to update the frequency of releasing
Animoca to repay users 265 ETH stolen in fake NFT drop Discord hack
Hong Kong-based gaming and venture capital company Animoca Brands and subsidiary Blowfish Studios have promised users that they will repay 265 ETH (US$1.1 million) stolen in a fraudulent nonfungible token (NFT) sale on D`iscord. The fraudulent minting event occurred at approximately 3 AM AEDT on Nov 19 on the Phantom Galaxies Discord server. It saw…
OpenAI co-founder and chief scientist departs AI firm
Illya Sutskever said he’s leaving OpenAI for a “personally meaningful” project, and research director Jakub Pachocki is now taking over the role.
Law Decoded: Closing remarks on the future of crypto law, March 5
Editor’s noteLadies and gentlemen, it is bittersweet to welcome you to the final installment of Law Decoded, at least with yours truly at the helm. Though someone may pick this newsletter back up at some point, there are no plans to do so now.Taking advantage of the rose-tinted glasses or maybe the graduation goggles that…
Report: Israeli Bitcoiners Petition Banks to Disclose Crypto Policies
The Israel Bitcoin Association, a nonprofit organization that promotes the use of Bitcoin (BTC) and cryptocurrencies, has reportedly filed a freedom of information petition with a Jerusalem court. The petition purportedly seeks to require local banks to disclose their policies on money originating from digital currencies. Local news daily Globes reported on Aug. 19 that state…