One of the design options for the Ukrainian CBDC describes the e-hryvnia available for usage in crypto exchange operations. The National Bank of Ukraine (NBU) has introduced a draft concept for its central bank digital currency (CBDC) candidate digital hryvnia, or e-hryvnia. Ukraine’s central bank on Nov. 28 released a statement on the concept of e-hryvnia,...Continue Reading
After Elon Musk lamented the winding back of Apple’s Twitter advertising, crypto company LBRY replied about its own troubles with Apple and censorship. Blockchain-based file-sharing and payment network LBRY has alleged that tech giant Apple forced it to filter out certain search terms during the COVID-19 crisis in an apparent rejection of free speech. In...Continue Reading
The chief economist said the Supervisor of Financial Service Providers and the Israel Securities Authority should be granted more powers to oversee the industry. Israel’s chief economist has laid out a list of recommendations as to how policymakers should tackle digital asset laws in the country in order to safely drive up crypto adoption. In...Continue Reading
Two collections have appeared on NFT marketplace OpenSea depicting images and art related to the rare widespread protests in China over its lockdown policies. China’s COVID-19 protests cemented as NFTs Nonfungible tokens (NFTs) depicting the ongoing protests in China against the country’s tough zero-tolerance COVID-19 policy have found their way to the NFT marketplace OpenSea....Continue Reading
Silvergate Capital has been quick to distance itself from the now-bankrupt crypto lender BlockFi. Institutional crypto services provider Silvergate Capital has confirmed its minimal exposure to the embattled BlockFi crypto lending firm. On Nov. 28, Silvergate announced that its deposit relationship with BlockFi is “limited to less than $20 million of its total deposits from...Continue Reading
The FTX saga has made some crypto executives, researchers, analysts, and politicians more aligned on regulation than ever. Crypto executives and politicians are becoming louder in their calls for crypto regulation as the aftermath of the FTX collapse continues to reverberate through the industry. In just the last 24 hours, the European Central Bank (ECB)...Continue Reading
The payments will exclude former FTX CEO Sam Bankman-Fried, and certain former execs including Gary Wang, Nishad Singh, and Alameda’s Caroline Ellison. Bankrupt crypto exchange FTX has announced it will be “resuming ordinary” cash payments, salaries and benefits to its remaining employees around the world. The announcement came from new FTX CEO John Ray III...Continue Reading
Mainstream media outlets just can’t seem to stop drooling over the disgraced FTX founder. Nearly three weeks have passed since FTX founder Sam “SBF” Bankman-Fried announced that his exchange was facing a deep liquidity crisis, was unable to find a last-minute bailout, and was forced to file for Chapter 11 bankruptcy. The insolvency impacted millions...Continue Reading
BlockFi is demanding Bankman-Fried’s investment company turn over its shares in Robinhood as collateral it agreed to pay as part of a pledge agreement. Newly-bankrupt crypto lending platform BlockFi has filed a lawsuit against Sam Bankman-Fried’s holding company Emergent Fidelity Technologies seeking his shares in Robinhood that were pledged as collateral earlier in November. The...Continue Reading
Bankruptcies, shrinking profit margins and traders realizing hefty losses are all signs of capitulation from various market participants. Being three weeks removed from the FTX collapse, Bitcoin (BTC) analysts are combing through data to decipher whether more selling will continue or if a bear market floor has been reached. One thing miners, short-term and long-term...Continue Reading
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