BitBoy Crypto has parted ways with Ben Armstrong. The company today confirmed via Twitter that it removed the high-profile crypto influencer from the brand. “Yesterday, BJ Investment Holdings, the parent company of Hit network, took decisive legal action in removing Ben Armstrong from the company,” BitBoy Crypto tweeted today. https://twitter.com/Bitboy_Crypto/status/1696184571279159401?s=20 The company said its reasons were “difficult” and included serious…
Month: August 2023
US House Financial Services members scold Fed’s Powell for stablecoin bill obstruction
The Federal Reserve is seemingly running interference with congressional efforts to regulate stablecoins, according to a letter recently sent to Fed Chairman Jerome Powell. The letter came from Chairman of the U.S. House of Representatives Financial Services Committee Patrick McHenry and subcommittee chairs French Hill and Bill Huizenga. The legislators were objecting to two Fed letters: SR 23-7 on the…
Sam Bankman-Fried’s lawyers appeal decision on bail, citing First Amendment issues
Lawyers representing Sam Bankman-Fried, or SBF, have filed an appeal claiming the former FTX CEO’s bail was revoked “in retaliation for him exercising his First Amendment rights” and not witness tampering as alleged. In an Aug. 25 filing in the United States Court of Appeals for the Second Circuit, SBF’s legal team filed a motion seeking to have him released…
The bright side of Evergrande’s collapse? More crypto volatility
As Evergrande Group, China’s heavily indebted property developer, files for bankruptcy in the United States, many are concerned about how this will impact the global economy and cryptocurrencies. The situation represents one of the largest debt faultings in the world and will have sizable ramifications. However, it shouldn’t come as too much of a surprise that China’s real estate agent…
This Premium Glow-in-the-Dark Game Boy Plays All the Classics
Looking for a reliable way to play classic Game Boy games? The Analogue Pocket is a polished third-party handheld that plays the full range of old-school Nintendo Game Boy games—and the latest rendition adds a glow-in-the-dark finish, just in time for Halloween. Revealed Monday, the Glow in the Dark version of the portable console can glow for up to eight…
SEC charges podcaster in first unregistered securities sales claim against NFT offering
The United States Securities and Exchange Commission (SEC) has charged a media and entertainment company with conducting unregistered securities sales when it sold nonfungible tokens (NFTs) to investors between October and December 2021. Impact Theory, a Los Angeles-based company that produces entertainment and educational content, including several podcasts, allegedly raised almost $30 million through the sales of NFTs it called…
Price analysis 8/28: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, DOT
The S&P 500 is attempting a recovery, but Bitcoin and select altcoins are struggling to break above their respective resistance levels. Source: https://cointelegraph.com/news/price-analysis-8-28-spx-dxy-btc-eth-bnb-xrp-ada-doge-sol-dot
Space Nation CEO on Working With ‘Independence Day’ Director Roland Emmerich
Space Nation CEO on Working With ‘Independence Day’ Director Roland Emmerich Jerome Wu, CEO of Space Nation, tells Decrypt’s Kate Irwin about the upcoming Space Nation Online game in development and shares details on Space Nation Cofounder Roland Emmerich’s role in the project. Source: https://decrypt.co/videos/interviews/LpznLhtx/space-nation-ceo-on-working-with-independence-day-director-roland-emmerich
Binance leaving Russian market is ‘on the table’: Report
Cryptocurrency exchange Binance may be considering withdrawing its services from Russia amid sanctions from countries including the United States. According to an Aug. 28 report from The Wall Street Journal, a Binance spokesperson said the exchange was considering all options in regard to Russia, “including a full exit.” The report followed Binance removing certain sanctioned Russian financial institutions from available payment…
Bitcoin Holds Steady While Major Altcoins SUI and PEPE Plunge
Bitcoin held steady on Monday while popular altcoins plunged as the largest cryptocurrency by market cap regained its recent lack of volatility. The asset was at the time of writing trading for $26,131 per coin, according to CoinGecko, having not budged at all in the past 24 hours. What’s more, it has seen stayed still over the last seven days.…