Bankrupt crypto exchange FTX is one step closer to relaunching as an entirely new exchange. According to a June 28 report from the Wall Street Journal, FTX restructuring chief John Ray said the company had “begun the process of soliciting interested parties to the reboot of the FTX.com exchange.” Sources familiar with the matter said the firm has been holding…
Month: June 2023
Australian stock exchange may consider listing tokenized real-world assets
The tokenized asset would need to be “appropriately backed” but could “absolutely” be listed in the future, said ASX chief information officer Dan Chesterman. Source: https://cointelegraph.com/app/public/index.php/news/australian-stock-exchange-asx-considers-tokenized-asset-listing
Australian stock exchange may consider listing tokenized real-world assets
The Australian Securities Exchange (ASX) is unlikely to directly list a cryptocurrency on its exchange but could consider an “appropriately-backed” tokenized real-world asset such as gold. Speaking to Cointelegraph, Dan Chesterman, the ASX’s CIO and group executive of technology and data said while there are hurdles for it to directly list a cryptocurrency the company could consider listing tokenized real-world…
Israeli authorities seize crypto from terror organizations, credit new technology
The Israeli ministries of defense and justice and a number of intelligence and enforcement agencies collaborated; Chainalysis also pitched in. Source: https://cointelegraph.com/public/index.php/news/israeli-authorities-seize-crypto-from-terror-organizations-credit-new-technology
Why Did Citadel-Backed EDX List Bitcoin, Ethereum, Litecoin, and Bitcoin Cash?
Bitcoin Cash, a spin-off from the oldest digital asset, has struggled to find a market since launching in 2017. But it’s been on a roll this month: since the start of June, Bitcoin Cash (BCH) is up 98%, jumping from $113 to $224. The slightly obscure digital asset—one of many cryptocurrency “forks”—is following Bitcoin, like many other coins and tokens which…
TUSD Brags About Volume ‘Milestone’ After Stablecoin Depegs
The team behind stablecoin issuer TrueUSD is bragging about its trading volume not long after TUSD lost its peg to the dollar, fueling the fears of coin holders who are worried about the recent collapse of key TUSD custodian Prime Trust. During early trading hours on Wednesday, TUSD’s value fell to 80 cents to one USD on Binance US before…
Why Laguna Games Turned Down ‘Game of Thrones’ for Crypto Unicorns
Why Laguna Games Turned Down ‘Game of Thrones’ for Crypto Unicorns Decrypt’s Kate Irwin chats with Laguna Games about why the team chose to move away from an offer with WB Games to develop a Game of Thrones licensed title—and made Crypto Unicorns instead. Source: https://decrypt.co/videos/live-events/IqET3GYs/why-laguna-games-turned-down-game-of-thrones-for-crypto-unicorns
Why Laguna Games Rejected ‘Game of Thrones’ to Make ‘Crypto Unicorns’
This story comes from GG. Your Web3 Gaming Power-Up Discover GG A couple years back, Laguna Games faced a crossroads that will be familiar to many studios—embrace the relative safety of being acquired by a major company and working on a huge IP, or stay independent and take a risk on something totally new. In this case, it was a…
RBI lists risks of stablecoin for developing economies, calls for global regulation
Stablecoin has a lot of potential to harm emerging markets and developing economies, the Reserve Bank of India (RBI) claimed in its latest Financial Stability Report, released June 28. The report listed six threats that stablecoin presents. The RBI has been a steadfast critic of cryptocurrency, but it was particularly articulate about the problems it sees with stablecoin “from an…
I Ate Ramen That Was ‘Imagined’ in the Metaverse—Here’s What That Means
When you envision the metaverse, you might think of 3D-rendered environments or bulky VR goggles. But for the creative minds behind the KPRVerse, sharing a real-life bowl of ramen that’s been dreamed up in an online community is just as valid. KPRVerse describes itself as a brand for the metaverse that takes a collaborative approach to storytelling, centered on its…