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  • blackrock-ceo:-ftx-token-caused-downfall,-but-tech-still-revolutionary
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    BlackRock CEO: FTX Token caused downfall, but tech still revolutionary

    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… More

  • vitalik-buterin-offers-lessons-for-crypto-in-wake-of-the-ftx-collapse
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    Vitalik Buterin offers lessons for crypto in wake of the FTX collapse

    Ethereum co-founder Vitalik Buterin said the collapse of FTX has illustrated once again that the problem lies in people, not technology. Ethereum co-founder Vitalik Buterin has spoken out in the wake of the FTX collapse, offering his thoughts and some positives from one of crypto’s biggest black swan events.In a Nov. 20 Bloomberg interview, Buterin… More

  • breaking:-bahamas-securities-regulator-freezes-ftx-assets
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    Breaking: Bahamas securities regulator freezes FTX assets

    The Bahamas Securities Commission said FTX’s assets could not be moved without the approval of a Supreme Court-appointed liquidator. The Bahamas Securities Commission (BSC) — the country’s securities regulator — froze the assets of FTX Digital Markets (FDM) and “related parties” on Nov. 10 and suspended FTX’s registration in the country.In a statement the BSC… More

  • crypto-biz:-bear-market-claims-another-casualty
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    Crypto Biz: Bear market claims another casualty

    German crypto bank Nuri joins a growing list of crypto service providers to shutter their doors permanently amid the bear market. Three Arrows Capital. Celsius. Voyager Digital. The list of crypto bankruptcies, shutdowns and trading freezes has been endless in 2022. And the year isn’t over yet. This week, German crypto bank Nuri urged its… More

  • tether-stablecoin-issuer-freezes-8.2m-usdt-on-ethereum:-data
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    Tether stablecoin issuer freezes 8.2M USDT on Ethereum: Data

    Tether has frozen a total of 215 USDT addresses on Ethereum in 2022 so far, according to data compiled by ETH researcher Philippe Castonguay. Major stablecoin issuer Tether froze yet another batch of USDT on the Ethereum blockchain, freezing more than $8 million worth of the cryptocurrency.Crypto monitoring resource Whale Alert has identified several transactions… More

  • us-senator-bill-seeks-to-cushion-crypto-exchanges-from-sec-enforcement-actions
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    US senator bill seeks to cushion crypto exchanges from SEC enforcement actions

    The Digital Trading Clarity Act of 2022 aims to provide regulatory clarity around classifying digital assets and related liabilities under existing securities laws. United States Senator Bill Hagerty, a member of the Senate Banking Committee, introduced legislation seeking a safe harbor for cryptocurrency exchanges from “certain” Securities and Exchange Commission (SEC) enforcement actions.The Digital Trading… More

  • ethereum-co-founder-vitalik-buterin-defends-daos-against-critics
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    Ethereum co-founder Vitalik Buterin defends DAOs against critics

    Buterin believes collusion and corruption can be minimized when deciding power is in the hands of the entire group, rather than an individual or small minority. Ethereum co-founder Vitalik Buterin has come out swinging in defense of Decentralized Autonomous Organizations (DAOs), arguing that in some circumstances they can be more efficient and fairer than a… More

  • entrepreneurs-must-learn-to-tackle-business-risks-in-the-metaverse
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    Entrepreneurs must learn to tackle business risks in the Metaverse

    The Metaverse is fraught with risks. Implementing effective safeguards — both physical and virtual — will be critical to entrepreneurs seeking to do business there. Hyped as it is, the Metaverse remains largely undefined. It’s a challenge to answer the question “What is the Metaverse?” in part because its definition depends on whom you ask.… More

  • can-web3-be-hacked?-is-the-decentralized-internet-safer?
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    Can Web3 be hacked? Is the decentralized internet safer?

    Security stands as one of the most crucial features as, in a Web3-powered world, tools and applications hosted over the blockchains go mainstream. Web3 came into existence posed as a blockchain-powered disruption to the current state of the internet. Yet, as a nascent technology, a fog of assumptions plagues discussions about the real capabilities of… More

  • mark-cuban-faces-class-action-lawsuit-for-promoting-voyager-crypto-products
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    Mark Cuban faces class action lawsuit for promoting Voyager crypto products

    The lawsuit alleged Mark Cuban misrepresented the crypto offerings and services by Voyager and leveraged his years of experience to lure inexperienced customers into investing their life savings. Mark Cuban, the billionaire entrepreneur who has been quite active in the crypto ecosystem for the past year, is facing a class-action lawsuit over his promotions of… More

  • israel-puts-the-brakes-on-cash-to-spur-digital-payments
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    Israel puts the brakes on cash to spur digital payments

    It’s believed that Israel will neither be the first nor last country to impose such measures. Authorities in Israel on Monday has in put in place further restrictions on cash payments as a means to combat illegal activity and spur digital payments in the country. Since January 2019, Israeli businesses and consumers have been subject to… More

  • all-‘ethereum-killers’-will-fail:-blockdaemon’s-freddy-zwanzger
    in

    All ‘Ethereum killers’ will fail: Blockdaemon’s Freddy Zwanzger

    “All the Ethereum killers from back in the day didn’t succeed, and I don’t expect them to succeed at all,” Blockdaemon’s Ethereum lead told Cointelegraph. Blockdaemon’s ETH ecosystem lead Freddy Zwanzger believes Ethereum will retain its leadership position in the crypto ecosystem over the coming years due to its utility as a smart contract platform… More

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