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Manny Pacquiao Foundation to Use Shibarium For Fundraising and Operations


Source: Pixabay Legendary boxer Manny Pacquiao’s philanthropic foundation is set to use the Shiba Inu ecosystem’s blockchain Shibarium for fundraising and operational activities. Shibarium developers told CoinDesk that the Manny Pacquiao Foundation, founded by eight-division World Boxing Champion...

Foresight Ventures Acquires Majority Stake in The Block


Foresight Ventures, a Singaporean Web3 VC firm, has announced it acquired a majority stake in The Block, a cryptocurrency-focused news outlet. The deal, which values The Block at around $70 million, will allow the news platform to purchase the stake belonging to former CEO Mike McCaffrey, who...

Joe Bankman’s Legal Troubles: Fallout from Son’s FTX Conviction


Source: Pexels Though disgraced FTX boss Sam Bankman-Fried (SBF) has already lost in court, the crypto mogul’s law professor parents – Joe Bankman and Barbara Fried – may also face charges for abetting their son’s megalithic fraud. The former played a pivotal role in advising his son during...

Former Polygon Labs President Joins Rival Solution Optimism as Growth Chief


Ryan Wyatt Source: LinkedIn Renowned Ethereum Layer 2 scaling protocol Optimism has snagged Ryan Wyatt, the former president of Polygon Labs, as its Chief Growth Officer. Let's keep it short & sweet My next chapter begins today as Chief Growth Officercontributing to the Optimism Collective!...

Bitwise Has No Connection With Now-Defunct Bitwise Industries


Source: Pexels Crypto fund manager Bitwise Asset Management has insisted that it “has no relationship” with the now-defunct technology company Bitwise Industries. The reply comes amid a probe conducted by the US Securities and Exchange Commission (SEC) on Bitwise Industries. The regulator accused...

FTT Skyrockets Amid FTX Acquisition Rumors Tied to NYSE’s Ex-President


FTX’s proprietary token, FTT, has witnessed an impressive surge of over 80% following reports that say Tom Farley, the former president of the New York Stock Exchange (NYSE), is potentially interested in acquiring and rebooting the collapsed exchange. FTT Price Jumps More Than 80% Over...

SEC Chair Indicates FTX Revival, FTT Rallies


U.S. Securities and Exchange Commission Chair Gary Gensler indicated a potential reboot of FTX during DC Fintech Week on Wednesday, prompting FTX’s digital token, FTT, to rally.  Gensler’s comments were made when referring to the bid for FTX by former president of the New York Stock Exchange...

Gary Gensler: Crypto Frauds Extend Beyond a Single Case


Image Source: CNBC Gary Gensler, Chair of the Securities and Exchange Commission (SEC), has issued a warning about the prevalence of fraud in crypto, stating that there are multiple “notorious fraudsters” operating in the space. Gensler’s comments come on the heels of the criminal...

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