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Meme Coin Economy Heals After the FTX Fiasco Swelling by $1.4 Billion in 30 Days
10.12.2022
The meme coin economy has seen its value increase 7.77% against the U.S. dollar during the last month, as the meme token market leader dogecoin jumped 29.4% higher in 30 days. Dogecoin has also managed to move from the ninth-largest market cap position to the eighth-largest crypto market valuation...
Russia’s Interior Ministry Employs Tool to Identify Crypto Wallet Owners, Track Transactions
10.12.2022
The Russian Ministry of Internal Affairs is now using a digital tool allowing officers to link cryptocurrency wallets to their owners. The software also has a feature facilitating the monitoring of crypto asset transactions, the department told Russian media. Russian Police Brag About New Crypto...
Binance and Crypto.com Publish Proof-of-Reserve Audits Conducted by Global Auditor Mazars Group
10.12.2022
This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms are backing customer assets 1:1. Binance published its report on Dec. 7, 2022, and detailed the global auditor Mazars Group conducted the audit. On Dec. 9, 2022, the exchange...
Class Action Lawsuit Against FTX’s Celebrity Promoters and Sam Bankman-Fried Is Quietly Dropped
10.12.2022
A class action lawsuit filed against former FTX CEO Sam Bankman-Fried and a host of paid celebrity promoters for the now-defunct crypto exchange has been dropped
The Kid Who Crashed The Game Awards Has A History Of Trolling
9.12.2022
Academy Award winner Al Pacino may have opened the 2022 Game Awards, a night of industry recognition and expensive marketing for the biggest games around, but it was a new type of internet celebrity who closed it out. “I want to nominate this award to my reformed Orthodox Rabbi Bill Clinton,” said...
EU Lawmaker Kaili Suspended From Party in Corruption Scandal
9.12.2022
European Parliament Vice President Eva Kaili, a key figure in ongoing efforts to regulate crypto in Europe, has been suspended from her party in reaction to reports that she and others are allegedly tied to a wide-ranging corruption scandal involving illicit lobbying activity for Qatar
Report Shows Crypto News Publication The Block Was Secretly Funded by Bankman-Fried’s Alameda
9.12.2022
On Dec. 9, 2022, Axios reporter Sara Fischer reported on the CEO of the crypto media The Block after it was discovered that the chief executive was secretly funded by Alameda Research, the now-defunct trading firm co-founded by Sam Bankman-Fried. According to the report, sources say The Block...
Crypto Markets Today: Exposed Alameda Research Loans to Media Site The Block and Its CEO Adds to FTX’s Miseries
9.12.2022
The fallout from crypto exchange FTX’s implosion continued as data showed the GBTC discount rate to bitcoin hitting a record high. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Bieber, Madonna Among Dozens of Celebs Named in Lawsuit Alleging Yuga Labs NFT 'Scheme'
9.12.2022
The suit claims that celebrity endorsements of Bored Ape Yacht Club NFTs and ApeCoin tokens resulted in financial loss for investors. Yuga Labs called the allegations ""opportunistic and parasitic."
The Best Fits At The Game Awards 2022
9.12.2022
Two days ago, in the days leading up to The Game Awards 2022, I wrote about how the wildly inconsistent fashion at the event was indicative of the industry’s identity crisis. Things quickly got out of hand.Read more
Shares of Bitcoin Miner Argo Blockchain Suspended in UK and US
9.12.2022
The struggling firm said at the end of October that it might have to cease operations if it was unable to secure additional financing
AI-Related Tokens Surge as Maple, Ren Fall: CoinDesk Market Index Week in Review
9.12.2022
AI platform Fetch.ai’s native token FET surged 80% in the past five days, according to data from CoinDesk Market Index
Symbiont.io, Which Tried to Bring Blockchain to Traditional Finance, Files for Chapter 11
9.12.2022
Binance Suspends Account of Customer for Being ‘Unreasonable’
9.12.2022
The user, who goes by the name "CoinMamba" on Twitter, started criticizing the exchange after some of his funds allegedly got stolen on his Binance account, but the exchange cited threats made to its customer service team in explaining the suspension
Ethereum’s Shanghai Hard Fork Could Happen in March 2023, ETH Dev Says Staking Withdrawals Is the ‘Highest Priority’
9.12.2022
According to a recent Ethereum Core development meeting on Dec. 8, developers disclosed that the next Ethereum hard fork, called Shanghai, could be implemented by March 2023. It’s been suggested that the Shanghai hard fork will be able to manage the network’s staked ethereum...
Polygon Studios CEO: Our Company Is a ‘Funnel’ for Big Brand Partnerships
9.12.2022
Ryan Wyatt discusses why consumer brands looking to jump into Web3 are flocking to his company
Sam Bankman-Fried’s Alameda Research Secretly Funded Crypto Media Site The Block and Its CEO
9.12.2022
CEO Michael McCaffrey has resigned as a result of the loans coming to light, The Block confirmed
Coinbase Entices Users to Switch From USDT to USDC, Crypto Firm Says Recent Events ‘Put Some Stablecoins to the Test’
9.12.2022
Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the stablecoin asset usd coin. The company’s blog post specifically mentions switching...
ZOGI Token Launches on Cronos, BNB Chain and Ethereum With Revolutionary Wrapper
9.12.2022
Dubai, December 9th – Zogi Labs, a pioneering crypto company & gaming studio famously known for the BEZOGE token and the up-and-coming crypto-based MMORPG, The Legends of Bezogia today launches their new ZOGI token on Cronos, BNB Chain & Ethereum. The ZOGI token is a wrapped...
ChatGPT Will Kill Search and Open a Path to Web3
9.12.2022
The latest offering from OpenAI, with its ability to immediately answer questions, could end our dependence on Google and its advertising model and force companies to use NFTs to generate revenue