Even after adopting a more assertive posture on Twitter, it did not appear that House Financial Services Committee chair Maxine Waters intended to subpoena FTX founder Sam Bankman-Fried to testify before Congress on December 13, 2022, according to a CNBC report. In response to such reports, however, Rep. Waters posted to Twitter, “A subpoena is definitely on the table.” Lies…
Month: December 2022
Mad Money’s Jim Cramer Advises Investors to Get out of Crypto — Says ‘It’s Never Too Late to Sell’ – Markets and Prices Bitcoin News
The host of Mad Money, Jim Cramer, has advised investors to sell their crypto, emphasizing that “it’s never too late to sell an awful position.” Regarding FTX, Cramer predicted that the collapsed trading platform “won’t be the last of these crypto exchanges to go down.” Jim Cramer’s Latest Crypto Advice The host of CNBC’s Mad Money show, Jim Cramer, has…
The Crypties 2022: Art Blocks Founder Wins Industry Achievement Award
The Crypties 2022: Art Blocks Founder Wins Industry Achievement Award Art Blocks founder Erick Calderon accepted the industry achievement award from presenter Clara Tsao of Filecoin Foundation at the inaugural Crypties Awards from Decrypt Studios in Miami on November 30. Source: https://decrypt.co/videos/live-events/OyA0EfzE/the-crypties-2022-art-blocks-founder-wins-industry-achievement-award
The Crypties Awards 2022: Bored Ape Yacht Club Wins NFT Project of the Year
The Crypties Awards 2022: Bored Ape Yacht Club Wins NFT Project of the Year Illa Da Producer accepted the Cryptie on behalf of Yuga Labs from presenter Alanna Roazzi-Laforet at the inaugural Crypties Awards from Decrypt Studios in Miami on November 30. The other nominees in the category were Moonbirds, Azuki, DeGods, and CloneX. Source: https://decrypt.co/videos/live-events/yar5ST9N/the-crypties-awards-2022-bored-ape-yacht-club-wins-nft-project-of-the-year
Maxine Waters May Still Subpoena SBF
Even after adopting a more assertive posture on Twitter, it did not appear that House Financial Services Committee chair Maxine Waters intended to subpoena FTX founder Sam Bankman-Fried to testify before Congress on December 13, 2022, according to a CNBC report. In response to such reports, however, Rep. Waters posted to Twitter, “A subpoena is definitely on the table.” Lies…
Life After FTX: How Solana DeFi Is Starting Over—Without SBF’s Serum
The fall of Sam Bankman-Fried didn’t just topple a $32 billion cryptocurrency exchange in FTX—it also threatened to undo the fabric of decentralized finance on the crypto wunderkind’s blockchain of choice, Solana. Serum, founded in August 2020 by a consortium that included the Solana Foundation and Bankman-Fried’s FTX and trading desk Alameda Research, was a core decentralized exchange platform and…
Strike Launches Bitcoin Lightning Network-Enabled Money Transfers to Africa – Fintech Bitcoin News
United States-based users of Strike, a digital payments platform built on Bitcoin’s Lightning Network, can now transfer funds instantly and at a low cost to Kenya, Ghana, and Nigeria via the recently added new feature known as “Send Globally.” The new feature instantly converts the funds to local currencies prior to moving them to recipients’ respective bank or mobile money…
Blockchain is the only viable path to privacy and censorship resistance in the 21st century
While censorship resistance and privacy are not the same thing, they are closely intertwined. When the government or another entity, such as an advertiser, can track everything you do, they can also sanction you for bad behavior. Instead of working backward to try and cover up seismic cracks in Web2 with duct tape, it may be time to move full…
Author Tim Ferriss Tops NFT Sales Charts With ‘Cockpunch’
In brief Author and podcast host Tim Ferriss launched an NFT-driven fiction project called The Legend of Cockpunch. The initial mint sold out, with secondary sales since topping $3.3 million worth of ETH. “The Legend of Cockpunch,”—an Ethereum project co-created by popular author and podcast host Tim Ferriss—is today’s big NFT market winner, parlaying a sold-out mint into secondary market…
Coinbase CEO says trading revenue has fallen to ‘roughly half’ what it was last year
The CEO of Coinbase, Brian Armstrong, has revealed that the exchange’s trading revenue has declined by approximately 50% or more when compared to last year, according to a Dec. 7 report from Bloomberg. Armstrong made the statement as part of an interview with the David Rubenstein Show. When asked about the exchange’s revenue, he stated that the company did $7…