Scott Eastwood is no crypto bro. The actor has just partnered with Pastel to give away free Scott Eastwood Ethereum NFTs, but was hesitant to get into NFTs because of the scams that pervade crypto. In an exclusive interview with Decrypt, the star of “Suicide Squad,” “Fate of the Furious,” and “Pacific Rim” shared his concerns. “I’ve been so weary,”…
S. Daniel Leon, who cofounded Celsius with Alex Mashinsky in 2017, has quit his job as the bankrupt crypto lender’s chief strategy officer, CNBC reported Oct. 4, citing unnamed sources and an internal memo seen by the outlet. Bloomberg later reported receiving confirmation of Leon’s resignation from the company. Leon’s resignation comes one week after Mashinsky’s and is part of…
The DeFi Governance Conundrum: Synthetix Founder Kain Warwick at SmartCon 2022 Synthetix founder Kain Warwick spoke with Decrypt’s Dan Roberts all about DeFi governance and its challenges, his problems with voting platforms like Snapshot, DAO fatigue, regulation and the SEC, and stablecoins onstage at Chainlink SmartCon 2022. Source: https://decrypt.co/videos/live-events/eUC33oUh/the-defi-governance-conundrum-synthetix-founder-kain-warwick-at-smartcon-2022
The legal team behind nonfungible token firm DataVault Holdings has requested an advisory opinion from the United States Federal Election Commission on using NFTs for fundraising efforts. In a Sept. 21 letter to FEC acting general counsel Lisa Stevenson, DataVault’s lawyers proposed sending NFTs as “souvenirs” to individuals who contributed to political committees, as well as giving the token holder…
Since Russia invaded Ukraine in February, millions in cryptocurrency donations have found their way into the digital wallets of the Ukrainian government and non-governmental organizations (NGOs) operating in the region. Ukraine raised $63 million in crypto donations within two weeks of the invasion, according to Blockchain analytics firm, Elliptic. “At the beginning, [cryptocurrency] was a lifeline,” Near Protocol co-founder Illia…
Coinbase co-founder and CEO Brian Armstrong announced in a series of tweets on Oct 4 that a crypto centric documentary capturing his journey of building a tech start-up from the ground up will be available this Friday on Amazon Prime, iTunes, Youtube, and other streaming platforms. The documentary — “Coin: A Founder’s Story” — intends to pull back the curtain…
Talk of crypto policy in the U.S. tends to revolve around rumblings from the Securities and Exchange Commission and taxes. But there are two bills in Congress that have largely flown under the radar, at least for people outside the policy wonk crowd. They would decisively give the Commodities Futures Trading Commission more power. What’s more, they got a hearty…
Crypto-focused investment firm M31 Capital has launched a new investment fund dedicated to Web3 companies, further underscoring the industry’s shift toward decentralized internet projects. The M31 Capital Web3 Opportunity Fund will invest up to $100 million in token projects and private equity opportunities within Web3, the company announced Tuesday. Initially, the fund will invest in projects building decentralized internet infrastructure…
Fidelity already has $5 million invested in a new Ethereum index fund, according to registration documents filed today with the U.S. Securities and Exchange Commission. The asset manager, which has $4.5 trillion on its books, registered its Fidelity Ethereum Index Fund on Tuesday, but said in its SEC filing that the first sale took place on September 26. Last month,…
Groups supporting Russia’s war effort in Ukraine have been actively collecting cryptocurrency to fund paramilitary operations and evade sanctions, researchers say. According to a new report, these organizations use Telegram to raise money then used to pay for equipment and training. Paramilitary Groups Employ Cryptocurrency to Fund Russian Operations in Ukraine Pro-Russian groups have reportedly raised a serious amount of…
