Day: 8 November 2022

The blockchain-crypto rollercoaster took another wild turn today when Changpeng Zhao (CZ), Founder & CEO of Binance, took to Twitter to announce his company's impending acquisition of Sam Bankman-Fried's FTX. At around 4 p.m. (BST), CZ tweeted that FTX "reached out for help" this afternoon due to a "significant liquidity ...

The United States Department of Justice (DOJ) claimed to have recovered $3.36 billion in stolen bitcoin assets, making it the second-largest recovery in history.  More than 50,000 bitcoins (BTC) were stolen from the home of a crypto hacker in the United States in 2021 after they were "unlawfully obtained" from ...

The crypto gaming industry is booming, especially with the introduction of Play-to-Earn (P2E) blockchain-based games, and the Philippine government is concerned about children's increasing game addiction. In light of this, a lawmaker has introduced a new bill proposing to regulate the gaming industry to combat children's growing addictions.  Because the ...

PRESS RELEASE BY BetDEX Fully-licensed and regulated Exchange will accept real money wagers on football matches in approved regions beginning November 17 BetDEX Labs Inc. (or “BetDEX”) today announced that the BetDEX Exchange will officially launch on Solana mainnet on November 17 to coincide with the beginning of the 2022 ...

Recall that on February 14, 2022, the US Securities and Exchange Commission (SEC) ordered BlockFi, a crypto lending platform, to pay the sum of $100 million as a penalty for failing to properly register and report its operations to the commission. BlockFi agreed to make the payment and made moves ...

The newly launched blockchain, Aptos, has come under harsh criticism from some of its community members. These complaints were based on allegations that the tokens distributed as airdrops to its early blockchain testers in October were not distributed evenly among its stakeholders.  Aptos community members believe that the distribution of ...

Vitalik Buterin, the CEO of Ethereum, has added a new feature to the Ethereum roadmap: "The Scourge."  The scourge aims to ensure reliable and credible neutral transaction inclusion while avoiding MEV (Maximal extractable value) issues, centralization, and other protocol risks.  MEV is one of the most serious issues confronting the ...

On Monday, the Mises browser announced its partnership with TanglePay, a self-custody wallet for IOTA. This partnership aims to improve the Web3 experience and services for users. Mises Browser @mises001 and TanglePay @tanglepaycom have built a formal partnership, The two parties will jointly promote the construction of the Web3 infrastructure ...

The SEC (Securities and Exchange Commission) filed a lawsuit against Ripple Labs, alleging that XRP, Ripple Labs' native token, was classified as a security.  According to SEC rules,  "If a platform offers trading of digital assets that are securities and operates as an 'exchange,' as defined by the federal securities ...

The Canadian federal government has set up a consultation process for CBDCs (central bank digital currencies), stablecoins, and crypto. This was revealed in the 2022 Fall Economic Statement, released on November 3rd.   The statement outlines the government's strategy for improving the economy and making life easier for its citizens.  A ...