The collapse of the cryptocurrency exchange FTX has drawn the attention of Securities and Exchange Commission Chairman Gary Gensler. Members of Congress want to ask the SEC chairman what his agency could have done better to protect consumers from the implosion. Defense attorneys and even some recent critics of Gensler say there wasn’t much the […]
SEC facing rising scrutiny after FTX’s epic implosion Read More »
The new fund manager will manage ENS’ finances and create a sustainable fund to drive development regardless of general economic conditions. The Ethereum Naming Service (ENS) decentralized autonomous organization (DAO) has chosen a new fund manager to manage its treasury in the wake of the crypto winter. In a vote that began last Wednesday, November
Ethereum Name Service Selects Karpatkey DAO to Manage Its Endowment Fund Read More »
:format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/4RSQLCFSDNA27IACHHG4DYFYHA.jpg "Bukele’s government introduced a bill to launch the ‘Bitcoin bonds’")
A new bill confirms the government’s plan to raise $1 billion to invest in building a “Bitcoin City“. Economy Minister María Luisa Hayem Brevé introduced a bill confirming the government’s plan to raise $1 billion and invest in building a “Bitcoin City”. Legislators to create a legal framework for the use of digital assets in
Bukele’s government introduced a bill to launch the ‘Bitcoin bonds’ Read More »
The Reserve Bank of Japan plans to decide on issuing a digital currency by 2026, a potential digital yen. The Bank of Japan has started a collaboration with three megabanks and regional banks to test CBDC issuance, local news agency Nikkei reported on Nov. 23. The pilot project aims to provide demonstration experiments for the
Bank of Japan to trial digital yen with three megabanks Read More »
As blockchain technology’s decentralized and censorship-resistant nature continues to impact traditional industries, it is not surprising that the relationship between Web3 and mainstream media remains strained. You don’t have to look far before coming across some defamatory headline discussing cryptocurrency as a scam, bubble, or Ponzi scheme. At least the mainstream media greets him with
Web3 And Traditional Media: A Dysfunctional Relationship Read More »
During their Creator Week 2022 event, Meta made an important announcement. The company intended to allow Instagram users to create, view, and sell NFTs through their Instagram accounts. The announcement was met with both astonishment and uncertainty. However, the broader meaning of meta-ads means another Web 2.0 No institution pays more attention to Web 3.
Web 2.0 Institutions Are Now Looking Towards Web 3.0 for More Functionality – Why? Read More »
FTX’s infamous liquidity crisis still counts bodies whose total crypto market cap reaches just $814 billion, down 2% overnight. Popular meme coin Shiba Inu (SHIB) faces the music of crypto winter with a low market cap of $4.68 billion, down 3.07% over the past 24 hours, according to LunarCrush. The FTX Storm Sets Off on
Shiba Inu (SHIB) Registers 50,000 New Wallets Despite SHIB Price Plunge Read More »
Rockstar Games, creators of the Grand Theft Auto (GTA) and Red Dead Redemption series, has updated its RPG servers and mods policy after years of silence. In the new policy update, Rockstar has prohibited using cryptocurrencies or crypto assets like NFTs, creating new content like games, stories, missions, or maps, generating revenue from sponsorships, and
Rockstar Games Updates Policy on RP Servers: Bans Loot Boxes, NFTs, and Monetizing Mods Read More »
US President Joe Biden and other Group of 20 (G20) leaders call for international cryptocurrency regulations. According to a G20 White House statement, leaders of the world’s 20 largest economies agreed at a recent summit in Indonesia that regulation in the crypto space needs to be stepped up. “It is critical to raise public awareness
The capacity crumble of the Grayscale Bitcoin Trust and its implications for the market. This week’s The Market Report display, what the ramifications could be if Grayscale Bitcoin Trust had been to crumble. We start this week’s display with ultra-modern information withinside the markets: GBTC, next BTC price, black swan? – 5 things to know
