News
Bankman-Fried on the hook in Texas, called to appear at Feb. hearing
The Texas Securities Board has asked the judge to consider leveling a cease-and-desist order, administrative fines, and forced refunds against SBF and FTX US. Former FTX CEO Sam Bankman-Fried has been called to a Feb. 2 hearing by the Texan securities regulator as...
Israel’s chief economist lays out recommendations for crypto regulation
The chief economist said the Supervisor of Financial Service Providers and the Israel Securities Authority should be granted more powers to oversee the industry. Israel's chief economist has laid out a list of recommendations as to how policymakers should tackle...
Dogecoin jumps after Elon Musk shares glimpse into Twitter 2.0 plans
Dogecoin investors continue to be hopeful that Musk's vision for Twitter 2.0 will include some form of DOGE integration. Billionaire entrepreneur Elon Musk has confirmed that he intends on integrating payments into what he describes as Twitter 2.0 — “The Everything...
It’s time for crypto fans to stop supporting cults of personality
From Sam Bankman-Fried to Bitboy, cryptocurrency fans have been too quick to support divas who gained notoriety on social media. It's a phenomenon that needs to end. Many of the centralized cryptocurrency platforms that collapsed this year had something in common: a...
Binance proof-of-reserves is ‘pointless without liabilities’: Kraken CEO
According to Powell, a complete proof-of-reserve audit must include the sum of client liabilities, user-verifiable cryptographic proof that each account was included in the sum and signatures proving the custodian’s control over the wallets. The collapse of the crypto...
CoinList addresses ‘FUD’ on withdrawals, cites technical issues for delays
CoinList blamed “custodian issues” with one suffering an outage affecting “many tokens” on the platform as the reason for reported withdrawal problems. Cryptocurrency exchange and Initial Coin Offering (ICO) platform CoinList took to Twitter to address “FUD” after a...
FTX miniseries gets go ahead, covering the ‘most brazen frauds ever committed’
The Russo’s are reported to have said that FTX “is one of the most brazen frauds ever committed” in their reasoning for wanting to create the show. An eight-episode limited series exploring the unraveling and scandals behind sunken crypto exchange FTX and its...
‘Metaverse’ a top 3 contender for Oxford’s Word of the Year
Oxford University has opened public voting for the first time with polls set to close on Dec. 2. The word “Metaverse” is one of three in the running to be crowned the Oxford "Word of the Year” (WOTY) in a competition run by the Oxford University Press (OUP), the...
Uniswap’s new privacy policy sees backlash from decentralization buffs
Uniswap newly released privacy policy comes in light of the FTX crisis, an event that has shined a spotlight on the need for transparency. Decentralized exchange (DEX) Uniswap's recently updated privacy policy appears to have attracted the ire of some members of the...
Vitalik Buterin offers lessons for crypto in wake of the FTX collapse
Ethereum co-founder Vitalik Buterin said the collapse of FTX has illustrated once again that the problem lies in people, not technology. Ethereum co-founder Vitalik Buterin has spoken out in the wake of the FTX collapse, offering his thoughts and some positives from...