November 23, 2022 US Congressman defends decentralization, blames SBF, Gensler, CeFi for FTX collapse U.S. Congressman Tom Emmer said FTX’s collapse was not a crypto failure; instead, it was a failure of centralized finance (CeFi), Sam Bankman-Fried, and…
November 23, 2022 Roughly 48% of Ethereum NFT trades in October were fake Global NFT sales in October clocked in at more than $850 million over roughly 3 million total transactions. I looked into NFT wash trades…
November 23, 2022 Report: Kenyan Lawmaker Proposes Introducing Crypto Income and Capital Gains Tax According to a capital markets amendment bill reportedly sponsored by Kenyan lawmaker Abraham Kirwa, cryptocurrency holders in the country will be obliged to pay…
November 23, 2022 Attorneys highlight poor management at FTX’s first bankruptcy hearing The first bankruptcy hearing for Bahamas-based FTX was held on Tuesday (22 November) in the U.S. Bankruptcy Court in Wilmington, Delaware. The exchange’s new…
November 23, 2022 Metacade Token Presale Launched – Project Set to Revolutionize the Metaverse Industry Metacade, a new project with grand plans to revolutionise the GameFi and Metaverse space, has today announced the launch of their hotly anticipated MCADE…
November 23, 2022 Blockdaemon on institutionalizing the blockchain space towards mass adoption – SlateCast #34 Blockdaemon is a blockchain infrastructure company established to empower crypto businesses to help them quickly deploy and iterate innovative solutions on blockchain. Glenn Woo,…
November 23, 2022 Bitcoin may need $1B more on-chain losses before new BTC price bottom BTC price losses are not yet bad enough to rival previous Bitcoin bear market troughs, data suggests. Bitcoin (BTC) hodlers may need to triple…
November 23, 2022 US Sen. Elizabeth Warren says crypto will ruin economy —community responds Elizabeth Warren’s WSJ op-ed, which correlated the fall of the FTX crypto exchange to crypto ruining the entire economy, did not go unnoticed by…
November 23, 2022 Central banks can use Bitcoin to fight off sanctions: Harvard research Matthew Ferranti, a Ph.D. candidate at Harvard, pointed out that Bitcoin is an optimal alternative hedging asset for central banks. A research paper published…
November 23, 2022 New York AG pushes prohibition of crypto purchases via retirement funds The NYAG clarified that digital assets differ from blockchain technology, and it has no issues with citizens purchasing stakes in publicly traded blockchain-based businesses…