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” SBF’s legal battle still has “a lot to play out,” according to legal commentators “ Sam Bankman-Fried, former FTX CEO, faces eight accusations and could get 115 years in jail, but there is a “lot to play out” until he gets a final sentence over the coming months or even years, legal commentators told…
” Big Time and other Web3 games take home the gold at the inaugural GAM3 awards “ Web3 gaming awards event the GAM3 Awards, hosted by Polkastarter Gaming, announced 16 winners at a live event on December 15. According to an announcement shared with Cointelegraph, prize winners will share over $1 million in prizes sponsored by…
” Jewel Bank, Polygon to launch Bermuda’s first USD-backed stablecoin “ Institutions in Bermuda will soon be able to trade real-time settlements using a stablecoin with a 1:1 peg to the United States dollar, Jewel Bank founder and chairman Chance Barnett told Cointelegraph. Called Jewel USD (JUSD), the first stablecoin to be released in the…
” How hard has this bear market been for Bitcoin mining? Watch Market Talks on Cointelegraph “ On this week’s episode of Market Talks, Cointelegraph welcomes Drew Vosk, founder of VoskCoin, a cryptocurrency YouTube channel with over 607,000 subscribers. This week, we take a deep dive into all things crypto from the unique perspective of…
” Coinbase launches tool to recover ‘mistakenly sent’ ERC-20 tokens “ Major cryptocurrency platform Coinbase has offered an asset recovery tool for users who “mistakenly send unsupported tokens” to exchange addresses. In a Dec. 15 announcement, Coinbase said users who sent any of roughly 4,000 ERC-20 tokens to a Coinbase address could recover their previously…
” Mysterious initial deposit allegations surface after Binance token delisting announcement “ On Dec. 15, cryptocurrency exchange Binance announced that due to not meeting the “high level of standard we expect,” four tokens, including Mithril (MITH) Tribe (TRIBE) Augur (REP) Bitcoin Standard Hashrate Token (BTCST), will be delisted from the exchange effective Dec. 22, 2022. …
” Microsoft bans cryptocurrency mining on cloud services “ Cloud computing giant Microsoft is taking measures to increase stability of its cloud services by forcing new restrictions for activities like cryptocurrency mining. Microsoft has quietly banned crypto mining from its online services in order to better protect its customers and clouds, British technology news agency…
” SEC approves 9 more WisdomTree ‘blockchain-enabled’ funds “ The U.S. Securities and Exchange Commission (SEC) has given the green light to nine more blockchain-enabled funds from $82 billion asset manager WisdomTree. None of these funds track crypto assets themselves, but the firm does utilize the Ethereum and Stellar blockchains to keep a secondary record…
” Creditor offers Bitcoin miner Core Scientific $72M to avoid bankruptcy “ Financial services platform B. Riley has offered Bitcoin (BTC) miner Core Scientific $72 million in financing to avoid bankruptcy and preserve value for Core Scientific stakeholders. B. Riley, a top lender to Core Scientific with $42 million in loans currently outstanding, outlined the…
” Alameda tried to redeem 3,000 wBTC days before bankruptcy: BitGo CEO “ Mike Belshe, the CEO of digital asset custodian BitGo has confirmed that Alameda Research attempted to redeem 3,000 Wrapped Bitcoin (wBTC) in the days before FTX’s bankruptcy filing on Nov. 11. During a Dec. 14 Twitter Spaces hosted by decentralized finance (DeFi)…