News
Aussie ‘Big 4’ bank mints stablecoin for carbon trading and remittances
This marks the second "Big 4" bank in Australia to launch an Australian-dollar pegged stablecoin in a bid to boost the digital economy. National Australia Bank (NAB) is set to become the second “Big 4” Australian bank to launch an Australian dollar-pegged stablecoin...
Which tokens could FTX dump on the market?
The list of illiquid tokens includes a Donald Trump prediction token, an animal fundraising coin and tokens for several Solana projects. The new management of the bankrupt FTX exchange has identified $5.5 billion in assets that can be used to repay creditors, sparking...
‘Ninth circle of hell’ is reserved for SBF for his betrayal: Scaramucci
The SkyBridge founder opened up about his trust in FTX founder Sam Bankman-Fried which was ultimately broken after the exchange collapsed. SkyBridge Capital managing partner Anthony Scaramucci has opened up about the “betrayal” he felt over the actions of FTX founder...
California cannabis producer adopts blockchain to track its weed
Clones will be certified with a smart contract on the blockchain to verify their authenticity and genetic lineage. A California-based cannabis nursery has turned to blockchain and smart contracts to verify the authenticity of its medicinal plants.The cannabis nursery,...
Former FTX US President lashes out at ‘insecure’ SBF in 49-part Twitter thread rant
Harrison said Bankman-Fried threatened to fire him on the spot and would destroy his professional reputation if he continued to confront the former FTX CEO. Former FTX US President Brett Harrison has lashed out at Sam Bankman-Fried for manipulating and threatening...
Skybridge eyes stake buyback from FTX, as Galaxy CEO says he would like to ‘punch’ SBF
Anthony Scarammuci also noted that there was "clearly fraud" in the SBF and FTX debacle, while Mike Novogratz said there’s a side of him that would like to “punch” SBF in the face. SkyBridge Capital CEO Anthony Scaramucci said that his firm can buy back the stake of...
Cardano ecosystem set to expand with custom-built sidechains
The toolkit will allow for creators of sidechains to choose their own consensus mechanism and other application-specific features, whilst inheriting the security of the main chain. Input Output Global (IOG) — the team behind the Cardano ecosystem — will release a...
Uphold exchange denies owing millions to failed crypto lender Cred
Cred sued Uphold in June 2022 over a jointly promoted crypto yield product called CredEarn. Crypto exchange Uphold has denied owing around $784 million to the liquidation trust of bankrupt crypto investment platform Cred.At a court hearing on Jan. 11, Uphold filed a...
It’ll be OK: DCG crisis likely won’t ‘include a lot of selling’ — Novogratz
Digital Currency Group’s ongoing financial distress isn’t likely to cause much further strain on crypto prices, according to Galaxy Digital Holdings CEO Mike Novogratz. Galaxy Digital Holdings CEO Mike Novogratz has hosed down fears over the crisis facing Digital...
FTX units on auction block draws 117 interested buyers: Court filing
Four businesses up for sale as part of bankruptcy proceedings include Embed, LedgerX, FTX Japan and FTX Europe. As many as 117 parties have expressed interest in buying up one or more of FTX’s independently operated subsidiaries including FTX Japan, FTX Europe,...