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” FTX Japan allows total withdrawal of funds; users rejoice the ‘escape’ “ While FTX customers across the world patiently await Sam Bankman-Fried’s (SBF) legal conclusion in hopes of getting back their investments, users of FTX Japan have started withdrawing all of their funds. On Nov. 7, 2022, crypto exchange FTX and its subsidiaries halted…
” GBTC approval could return a ‘couple billion dollars’ to investors: Grayscale CEO “ Grayscale Investments CEO Michael Sonnenshein stated he “can’t imagine” why the United States Securities and Exchange Commission (SEC) “wouldn’t want” to protect Grayscale investors and return the true asset value to them, in a recent podcast interview. In an interview with…
” Pharma companies team up with DeSci to accelerate scientific research “ Having emerged as a movement in the research community, Decentralized Science (DeSci) initiatives are progressing at a pace even big pharma cannot ignore. In fact, Pfizer is now the first pharmaceutical to vote on decentralized autonomous organization (DAO) proposals of German blockchain-based organization…
” Solana faces slowdown in block production, network restarted “ Solana network faced a slowdown in block production on Fev. 25 following the upgrade in the validator software. The incident resulted in disruptions to transactions and led validators to downgrade the software in an attempt to restore network performance. The technical issue started around 6:00…
Florida Democrats set to pick new leader amid party turmoil Two of Florida’s most prominent Democrats are set to face off for one of the least sought-after jobs in Sunshine State politics: Florida Democratic Party chair. Party leaders are set to meet in Orlando on Saturday to elect their next chair, a critical first step…
” Crypto Biz: Coinbase has a lot at stake “ Crypto assets made their way onto the United States Securities and Exchange Commission’s list of priorities for 2023. So far, though, we haven’t tasted the “regulatory certainty” many have been calling for. Instead, the regulator threw the book at Kraken for allegedly failing to register…
” Recycle to earn, a new frontier for blockchain technology towards ESG goals “ ‘Recycle to Earn’ was the motto presented by Eric Vogel earlier this month while pitching his startup at the European Blockchain Convention, decades after he started recycling plastics and cans from his grandmother’s house to earn extra money for a Game…
” FDIC-insured Citizens Trust Bank to hold $65M in USDC reserves “ Citizens Trust Bank, a financial institution regulated by the Federal Deposit Insurance Corporation (FDIC), has partnered with Circle Internet Financial to hold some of its reserves in USD Coin (USDC) — a move the companies said would promote financial inclusion and digital literacy…
Democrats erupt with fury after Republican questions ‘loyalty’ of Rep. Chu House Democrats are up in arms after a GOP lawmaker suggested Rep. Judy Chu (D-Calif.), the nation’s first Chinese American congresswoman, is disloyal to the United States. Rep. Lance Gooden, a third-term Texas Republican, suggested this week that Chu should be denied access to…
” Ukraine-based blockchain firm reports company ‘stronger’ one year into war “ According to CEO Sergey Vasylchuk, staking provider Everstake is continuing to move forward despite the continuing military conflict between Ukraine and Russia. Exactly one year ago today — Feb. 24, 2022 — Russian military forces invaded many areas of Ukraine in what has…