Genesis-DCG Propose to Settle Lawsuit: Bankruptcy Filing
The deal would see DCG repay $275 million it owes to Genesis by April.Source
Author Archive for: GRYZUoDLu7t8z22
Entries by GRYZUoDLu7t8z22
Binance’s Future and Other Questions Post-Settlement
Binance is paying literally billions of dollars and giving the U.S. government unfettered access to its books, while its founder and former CEO Changpeng Zhao is looking at maybe a year and a half in federal prison. But Binance the exchange is still operating, while federal prosecutors are admitting in court filings that CZ still […]
Big Tech Has Put Our Future at Risk. It’s Time to Fight Back
The internet was supposed to make us more liberated and healthier. Instead, it stole our data, freedom and mental health, says Project Liberty Founder Frank McCourt, who’s advancing a new digital infrastructure to support a better web and better world.Source
Failure of Multi-Function Crypto Firms a Limited Threat to ‘Real Economy’: FSB
A new report by the Financial Stability Board said further assessments of possible implications are required because “significant information gaps remain.”Source
EU Lawmakers Call to Reduce Tech Dependency on Other Countries With Metaverse Strategy
The European Parliament’s Committee on Internal Market and Consumer Protection calls for the bloc to shape virtual worlds according to EU values.Source
U.S. Treatment of CZ, Binance Is ‘Absurd:’ Arthur Hayes
The former BitMEX CEO said the record-breaking penalties against Binance represent an institutional bias against the transformative impact of cryptocurrency and blockchain technology.Source
Dogecoin Now Held at 5M Crypto Addresses, Though Concentration Remains a Concern
DOGE’s market value has risen 14% to almost $11 billion this month.Source
TRM Labs Partners With Aussie Crypto Exchange Swyftx to Combat Scams
Blockchain analytics firm TRM Labs has partnered with Australian cryptocurrency exchange Swyftx in an effort to combat scams in the nation.Source
Crypto Trading Firm Kronos Research Offers 10% Bounty to Hacker
Kronos Research was hacked in mid-November via stolen API keys, with the attacker making off with $25 millionSource