With access getting more exclusive and ticket prices rising, electronic music fans are at the heart of a new push to rebalance the scene. Electronic music is big business. According to a report by the International Music Summit, in 2021, the electronic music sector was valued at $6 billion dollars and that sector is poised...Continue Reading
Russia’s largest lender is moving into DeFi and Web3 by integrating its blockchain platform with the Ethereum blockchain. Russia’s largest bank Sber — formerly known as Sberbank — continues developing its blockchain platform by integrating it with the Ethereum blockchain. On Nov. 30, Sber officially announced new opportunities for its proprietary blockchain platform, including compatibility with smart...Continue Reading
Demand for liquid Ethereum staking options gains pace in the months following the Merge, according to blockchain data. Blockchain data analytics carried out by Nansen highlights the ever-growing amount of Ether (ETH) being staked across various staking solutions in the months following Ethereum’s shift to proof-of-stake (PoS) consensus. The highly anticipated Merge has been a...Continue Reading
Mazars’ U.S. division was the longtime accounting firm for former United States President Donald Trump’s company. Cryptocurrency exchange Binance is working with accounting firm Mazars as part of its proof-of-reserve (PoR) audits triggered by the fall of FTX. Mazars, the accounting firm that worked for former United States President Donald Trump’s company, was appointed as...Continue Reading
BTC price action strengthens into the November monthly candle close, but traders are already warning over getting too “cocky” on Bitcoin. Bitcoin (BTC) attempted to flip $17,000 to support on Dec. 1 after sealing its lowest monthly close in two years. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin gains inch up as November end...Continue Reading
CFTC has faced a lot of scrutiny in the wake of FTX collapse due to its ties with the crypto exchange and SBF’s efforts to put the committee as the key oversight body for crypto. The chief of the United States Commodity Futures Trading Commission (CFTC), Rostin Behnam, claimed Bitcoin is the only crypto asset...Continue Reading
Cointelegraph’s Historical digital collectibles collection is now available for everyone who wants to mint articles as NFTs. The wait is over! After concluding a private sale for waitlist participants, Cointelegraph’s Historical digital collectibles have officially launched. The nonfungible token minting feature is now open for anyone who wants to collect NFTs of articles published by the world’s...Continue Reading
Despite taking issue with tokens created by centralized exchanges, BlackRock’s CEO sees securities tokenization as the next evolution of the financial market. The CEO of the worlds largest asset management firm, BlackRock, believes that the reason why FTX failed is because it created its own FTX Token (FTT), which was centralized and therefore at odds...Continue Reading
Billions of dollars have been poured into Meta’s virtual world with little return on investment, but CEO Mark Zuckerberg says he is holding fast. Meta CEO Mark Zuckerberg is still hopeful about the company’s Metaverse plans regardless of the billions of dollars it’s sucking up from the company, claiming “someone has to build that.” Appearing...Continue Reading
The former FTX CEO has offered multiple apologies and admitted failings at least a dozen times during the one-hour interview. Former FTX CEO Sam Bankman-Fried apologized or admitted failure at least 12 times during his appearance at the New York Times’ DealBook Summit on Nov. 30. In a wide-ranging video interview, Bankman-Fried was asked to...Continue Reading
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