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FTX’s Bahamas Arm a ‘Nullity’ That Should Be Stripped of Assets: Court Filings

“Mr. Bankman-Fried, and others at his direction, maintained a close, accommodating relationship with Bahamian law enforcement agencies” including the prime minister, attorney general and Securities Commission, the filing reads, adding that the FTX founder “aimed to leverage that relationship to minimize…

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Bitcoin and Stablecoins Will Bring Crypto Mass Adoption to Africa, Experts Say

“Things like bitcoin are great, they’re permissionless, they’re free to transfer, but you can’t really store your entire net worth in them if you’re a minimum wage earner in Africa,” Ovadia said. “I think, in general, stablecoins are probably one of…

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EOS Network Ventures Commits $20M to Build Dapps and Games on EOS Blockchain

Users are spoiled for choice in an increasingly competitive crypto market, however, as relatively newer networks such as Arbitrum, zkSync, Optimism and Solana, among several others, vie for developer talent and increase their own revenues via token incentives or airdrops.

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Signature Bank Non-Crypto Related Deposits to Be Assumed by New York Community Bancorp Unit: FDIC

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives…

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Sandy Hook Families Are Fighting Alex Jones and the Bankruptcy System Itself

As the families seek more than $1.4 billion awarded by courts for Mr. Jones’s lies, a New York Times review shows he is transferring millions of dollars to family and friends, potentially out of reach of creditors.HOUSTON — The Infowars conspiracy…

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Polygon Partners With Salesforce for NFT-Based Loyalty Program

In recent years, blockchain technologies have increasingly been used to boostengagement with customers and offer loyalty rewards. BlockFi and Gemini, for example, announced they would offer credit cards offering bitcoin rewards. In 2022, Mastercard supported Upstart, a NFT-based loyalty program, through…

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Could Legendary Hip Hop Platform DatPiff Serve as a Springboard for ‘Music NFTs’?

Since its inception in 2005, DatPiff has been a cornerstone of mixtape culture, hosting exclusive releases from the likes of Lil Wayne, J. Cole, Meek Mill, Wiz Khalifa, Future, Chance The Rapper, A$AP Rocky, Mac Miller, Big Sean, Travis Scott and…

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The NFT Louvre Exhibit That Wasn’t: Untangling the Public Mess of a Non-Event

According to Variety, her work was going to be presented at the Louvre "courtesy of Superchief Gallery NFT" and would premiere on March 21. The "Superchief-Louvre show," as Variety wrote, would be a showing of her latest collection titled "can i…

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Animoca Brands Co-Founder: Royalties Make It Possible for NFT Projects to Flourish

“That means that billions of dollars went to creators but, more importantly, an even larger number went to owners of the assets of these entities that fueled an industry that made it possible to create companies like Blur, OpenSea or Magic…

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Justice Dept. Investigating TikTok’s Owner Over Possible Spying on Journalists

The inquiry appears to be tied to an admission by the app’s owner, ByteDance, that employees had inappropriately obtained Americans’ data. The company said it had fired the workers involved.WASHINGTON — The Justice Department is investigating the surveillance of American citizens,…

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Twitter’s Discussions Over Licensing Music Said to Stall Under Elon Musk

Twitter didn’t move forward with the music licensing deals because of costs, people with knowledge of the matter said.Twitter explored the licensing of music rights from three major labels before negotiations stalled after Elon Musk’s takeover of the company, said eight…

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After the Gold Rush: What Dapper Labs’ Big-League Collectibles Teaches Us About NFTs

“I guess there was demand,”Ghahary says, “because when they sold packs [at that time], it would sell out. And you could flip it and make money. But as they pumped out more supply, values started dropping, and people started leaving. Even…

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Crypto Derivatives Protocol Volmex Finance’s Bitcoin and Ether Volatility Charts Now Live on TradingView

Volmex's bitcoin implied volatility index (BVIV) and ether implied volatility index (EVIV) measure the expected price turbulence over 30 days, derived from real-time crypto call and put options. The indexes can be considered analogous to Wall Street's fear gauge, the VIX…

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Former Belgian Finance Minister Calls for Crypto Ban in Wake of Banking Crisis

Van Overtveldt represents the right-wing European Conservatives and Reformers, the fifth-largest political grouping in the Parliament, in the Economic and Monetary Affairs Committee. He was Belgium's finance minister from 2014 to 2018. The ECR says it's dedicated to individual liberty, private…

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Crypto Twitter Thinks the Fed’s $297B Balance Sheet Expansion Is ‘QE’, but It’s Not

"QE is increasing the balance sheet for monetary purposes. This is about financial stability, and all expansion of the balance sheet is not QE," Marc Chandler, chief market strategist at Bannockburn Global Forex and author of the book "Making Sense of…

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