References to crypto or blockchain technology are nowhere to be found in newly leaked images concerning “Twitter Coins” — the platform’s secret in-development digital asset. First leaked in early December by tech bloggers Jane Manchun Wong and Nima Owji, many have been hoping that the secret “Twitter Coins” project would involve cryptocurrency in some way. Members of the Dogecoin (DOGE)…
Argentina’s Ministry of Economy, the country’s economic policy manager, has drafted a bill to encourage Argentines to declare their cryptocurrency holdings with the inducement of discounted tax rates. Aimed at combating money laundering, the “Externalization of Argentine Savings” draft law was introduced by economy minister Sergio Massa according to a Jan. 6 report by local outlet Errepar. The bill would…
On Jan. 10, 2023, the World Bank published its Global Economic Prospects report, stating that the outlook for the global economy and future economic conditions is bleak. According to the report, 2023 growth forecasts have been cut across the board, with the global economy projected to grow by 1.7% in 2023 and 2.7% in 2024. The World Bank also cited…
Galaxy Digital Holdings CEO Mike Novogratz hosed down fears over the crisis facing Digital Currency Group (DCG) and Genesis saying while it’s “not good news,” it won’t “include a lot of selling.” In a Jan. 10 interview on CNBC’s Squawk Box Novogratz said he expects the current debacle facing DCG and its related companies to “play out” over the next…
Deadline extensions and auctioning distressed assets are on the schedule along with Sam Bankman-Fried’s attorneys entering the chat during the next FTX bankruptcy hearing. The court hearing is scheduled for Wednesday, January 11 at 9 a.m. EST in the District of Delaware Bankruptcy Court and will be livestreamed on YouTube. FTX came under fire in early November when its closer-than-previously-disclosed…
The U.S. government has arrested and charged the creator of “Mutant Ape Planet” non-fungible tokens (NFTs) for allegedly defrauding crypto investors. “The purchasers were ‘rug pulled,’” the Department of Justice (DOJ) described, adding that millions of dollars in cryptocurrency were diverted for the NFT creator’s personal benefits. DOJ Takes Action Against NFT Rug Pull Scheme The U.S. Department of Justice…
Football star Tom Brady, companies under the control of New England Patriots Robert Kraft, and crypto firms Blackrock, Coinbase, Lightspeed Venture Partners, Pantera Ventures, and Tezos Foundation are among the names included in documents filed in Delaware bankruptcy court as holders of FTX stock. According to the filings, Brady held 1,144,861 in common stock, while supermodel, businesswoman, and Brady’s ex-wife…
Bankrupt crypto lender Voyager Digital received initial court approval for its proposal to sell its assets to Binance.US for $1.02 billion amid a national security probe Voyager is seeking to speed up. On Jan. 10, United States Bankruptcy Judge Michael Wiles allowed Voyager to enter into the asset purchase agreement and seek creditor approval, but the sale will not become…
Fear not, weary souls of crypto who see no end to suffering in sight—ostensibly erotic, pixelated feet pics are here, and they may have saved the day. Feetpix (or Feetpix.wtf), an NFT collection consisting of 10,000 exceedingly simple images of Quentin Tarantino’s favorite appendage, has taken crypto by storm, soaring ahead of Bored Ape Yacht Club (BAYC) and other blue-chip…
The Tron-based stablecoin USDD fell below $1 parity again during the first week of 2023 and on Jan. 10. Four days ago, the stablecoin dropped to $0.972 per unit and on Tuesday, Jan. 10, 2023, USDD slipped to $0.977 per unit. At the time of writing, the Tron-issued stablecoin is trading at 98 cents per coin. USDD Stablecoin Dips Down…
