While Brazil has not made Bitcoin (BTC) legal tender as El Salvador did last year, the South-American nation has passed a law that legalizes crypto payments throughout the country. The Chamber of Deputies of Brazil, a federal legislative body, has passed a regulatory framework that legalizes the use of cryptocurrencies as a payment method within the country. While this makes…
Crypto exchange Kraken has settled with the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) over its apparent violations of sanctions against Iran. The cryptocurrency exchange has agreed to remit $362,159 to settle its potential civil liability and invest an additional $100,000 in certain sanctions compliance controls. Kraken Settles With OFAC The U.S. Department of the Treasury’s…
gm: Aave Founder Stani Talks Stablecoins and Next Era of DeFi Aave founder Stani Kulechov joined Dan Roberts and Stacy Elliott to talk about his vision for the next iteration of DeFi, Aave V3 and Lens Protocol, the Web3 company he wishes he had founded, and why now is the right time for the $5B lending protocol to launch its…
United States technology company IBM and Danish logistics firm Maersk have decided to discontinue their co-developed blockchain-backed supply chain platform, TradeLens, citing a lack of “global industry collaboration” as a key reason behind the decision. Maersk stated on Nov. 29 that it has begun taking immediate action to cease operations on the platform which should take full effect by Q1…
The View from Rug Radio: Farokh Speaks at Camp Decrypt 2022 Farokh, founder of the DAO-governed NFT media brand Rug Radio, speaks to Mike Kriak of ConsenSys Mesh at Camp Decrypt: Napa. He talked about Rug Radio’s origins, tokenization, sponsorship money during the bear market, and why it’s called Rug Radio. Source: https://decrypt.co/videos/live-events/WmqTKwY3/the-view-from-rug-radio-farokh-speaks-at-camp-decrypt-2022
Overview Daily spot trading volume: $1.04 billion, 30 day average spot: $798.8 million. Total futures notional: $70.4 million. The top five traded coins were, respectively, Tether (↑0.02%), USD Coin (↓0.01%), Bitcoin (↑1.0%), Ethereum (↑4.2%), and Dogecoin (↑6.9%). Strong returns from SuperFarm (↑21%), Harvest Finance (↑16%), and Orca (↑13%). The post Kraken Daily Market Report for November 29 2022 appeared first…
Brave CEO Brendan Eich: Web3 Isn’t Taking Privacy Seriously Enough Brave founder and CEO Brendan Eich joined Decrypt’s Stephen Graves at Web Summit 2022 to discuss how the crypto-powered browser is weathering the bear market—and why Web3 needs to get serious about privacy. Source: https://decrypt.co/videos/live-events/DkekOS6c/brave-ceo-brendan-eich-web3-isnt-taking-privacy-seriously-enough
A lawyer for BlockFi told the first day hearing of its bankruptcy proceedings that the crypto lender has $355 million stuck on FTX and that the collapsed exchange’s sister company Alameda Research has defaulted on a $680 million loan. BlockFi filed 15 motions on Nov. 28 which were approved by the court in the first day hearing on Nov. 29,…
How Stepn Plans to Keep Running Through the Bear Market Stepn COO Shiti Manghani speaks to Decrypt’s Stephen Graves at Solana Breakpoint in Lisbon to discuss how the move-to-earn app is weathering the bear market, its partnership with sportswear manufacturer Asics, and creator royalties on NFT marketplaces. Source: https://decrypt.co/videos/live-events/gi2r4mqx/how-stepn-plans-to-keep-running-through-the-bear-market
When DAOs Meet NFTs: Zora, Chainlink, PubDAO and RugDAO at Camp Decrypt 2022 Rug Radio founder Farokh hosted a lively panel at Camp Decrypt Napa on how DAOs are utilizing NFTs, with panelists Lauren Halstead from Chainlink, Tyson Battistella from Zora, Reza Jafery from PubDAO, and Loxley from Rug Radio’s associated RugDAO. Source: https://decrypt.co/videos/live-events/6hgu1F6L/when-daos-meet-nfts-zora-chainlink-pubdao-and-rugdao-at-camp-decrypt-2022
