Paolo Ardoino became CEO of Tether on Dec. 1, moving up from the position of chief technology officer, which he had held since 2017. His appointment was planned well in advance and comes as the company is prioritizing diversification and expansion. It’s a good time for the company. Tether is on track to make $4.5 billion in profits with its…
On the latest installment of 5 Questions with SCENE: Meet Phil Mohun, a founding member of the Bright Moments DAO—and a key architect of the art collective’s immersive, globe-spanning generative NFT art shows. Since the launch of its flagship CryptoCitizens collection in 2021, Bright Moments has hosted experiential NFT activations in seven cities spanning four continents: Los Angeles, New York,…
Ether (ETH) is trading higher on Dec. 1, despite its inability to breach the $2,100 resistance. This level has prompted several rejections in the past three weeks, which is especially concerning given Ether’s 16.2% gains in November. Ether 12-hour price index, USD. Source: TradingView However, the current positive momentum is supported by several factors, including applications for spot ETFs and…
Artificial intelligence (AI) image generation technology is accelerating rapidly—in more ways than one. Recent advancements have catapulted the industry from steady progress to relentless breakthroughs, now promising the advent of real-time, high-fidelity image creation. It’s not that these tools were slow—one minute is not too long to wait to “make it more.” But users still demand more: more realism, more…
Following his conviction on federal fraud charges on Nov. 2, former FTX CEO Sam “SBF” Bankman-Fried will not pursue any post-trial motions. In a Dec. 1 letter to Judge Lewis Kaplan in United States District Court for the Southern District of New York, lawyers representing Bankman-Fried said they had “decided not to file any post-trial motions” but reserved their rights…
5 Questions With SCENE: Phil Mohun Bright Moments co-founder Phil Mohun joins 5 Questions With SCENE to recount some favorite moments from the road, including negotiating with Patagonian gauchos, falling in love with Tokyo, and gaining a newfound appreciation for shrooms chocolate bars. Shot and edited by Vincent Roazzi Jr. Source: https://decrypt.co/videos/interviews/TwOjXfOR/5-questions-with-scene-phil-mohun
While arguably not as absurd as this week’s crypto tokens inspired by the deaths of Bitcoin hater Charlie Munger and controversial American diplomat Henry Kissinger, there’s a slew of other head-turning meme coins popping up this week—and perhaps unsurprisingly, they’re inspired by the best-known Dogecoin fan himself, Elon Musk. Musk, the owner of Twitter (aka X) and CEO of Tesla…
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The hacker who stole over $46 million from the DeFi protocol KyberSwap has released a list of demands, including total control over the Kyber company and all its assets. The hacker specified…
Lawyers representing the United States Securities and Exchange Commission (SEC) and Terraform Labs and co-founder Do Kwon sparred in court over information provided by a whistleblower in the securities lawsuit. According to a transcript of court events provided by Inner City Press on Nov. 30, the SEC reiterated its claims that Terra and Kwon “committed fraud” using the Luna token,…
Thought Cyberpunk 2077 was all finished with the big recent 2.0 update? Not so fast: Night City is getting another upgrade, developer CD Projekt Red (CDPR) announced Friday. The latest update, version 2.1, will add a fully functioning metro system to the open-world game, more ways to listen to Night City radio stations, and more time with romantic partners. The…
