A Mexican teenager is lured into a web of cross-border crime with tragic consequences, in George Nicholas’ Monero-backed short film “Límite.” The film follows 16-year-old Manuel, whose desire to assert his independence and face down neighborhood toughs draws him out of his grandfather’s orbit and into the clutches of a cartel drug-running operation. Director George Nicholas was inspired by the…
Month: May 2024
Public blockchain ledgers ‘not fit for purpose,’ says JPMorgan
Despite the criticism, TradFi institutions still prefer using public blockchains for real-world asset tokenization. Source: https://cointelegraph.com/news/public-blockchain-ledgers-not-fit-purpose-jpmorgan
Mixed Fortunes for US Bitcoin Funds as GBTC Losses Offset Other Gains
Following two days of positive inflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline, with $15.7 million exiting on Tuesday. Grayscale’s Bitcoin Trust (GBTC) saw $29 million leave during the day’s trading sessions, overshadowing the break-even and positive reports from the other spot bitcoin funds. Fidelity, Ark Invest, Invesco Report Gains While GBTC Struggles […] Source: https://news.bitcoin.com/mixed-fortunes-for-us-bitcoin-funds-as-gbtc-losses-offset-other-gains/
CBDCs, stablecoins must ensure libertarian values — former CFTC chair
J. Christian Giancarlo has stressed the importance of upholding values of liberty, privacy and economic freedom in a keynote address in London. Source: https://cointelegraph.com/news/ctfc-cbdc-stablecoins-libertarian-values
Tether scales crypto payments in Eastern Europe with new investment
The new investment aims to strengthen CityPay.io’s expansion into Eastern Europe, specifically into Georgia, Armenia, Azerbaijan, Kazakhstan and Uzbekistan. Source: https://cointelegraph.com/news/tether-crypto-pay-eastern-europe-citypay
Sophon ZKSync hyperchain raises $60 million in node sale
The entertainment-focused Hyperchain aims to provide a robust infrastructure for gaming, AI, and SocialFi-related protocols. Source: https://cointelegraph.com/news/sophon-entertainment-focused-zksync-hyperchain-60m-node-sale
Chainalysis sets up regional HQ in Dubai amid local crypto boom
Chainalysis relocates regional headquarters to Dubai reflecting the UAE’s progressive stance toward blockchain technology. Source: https://cointelegraph.com/news/chainalysis-dubai-regional-hq-uae-crypto
AI-powered smart contracts could be ‘transformative’ — Ava Labs founder
Imagine if ordinary people could write smart contracts in their native language. It could bring in “billions of new [blockchain] users.” Source: https://cointelegraph.com/news/ai-smart-contracts-ava-labs-blockchain
Most FTX Creditors to Receive Over 100% Repayment, Court Document Shows
FTX is poised to repay nearly all its account holders fully, according to a reorganization plan presented in court. The bankrupt cryptocurrency exchange has raised about $15 billion mainly by selling investments from itself and its affiliate, Alameda Research. This fund will ensure payments of 118 cents on the dollar for 98% of creditors with […] Source: https://news.bitcoin.com/most-ftx-creditors-to-receive-over-100-repayment-court-document-shows/
Trader loses 7-figure sum due to 0L Network hard fork
“Forking out wallets without community input is theft,” according to the trader, who also claims to be part of 0l Network’s marketing team. Source: https://cointelegraph.com/news/libra-token-trader-loss-0l-network-hard-fork