FTX News: Former FTX founder Sam Bankman-Fried to get a new phone and a laptop with special features from the U.S. authorities. The mobile will be a flip phone or a “non-smartphone” and a laptop with limited internet access or access to only whitelisted websites as part of new bail restrictions. According to a letter […]
OpenAI Valued at $20B: AI Company Reaches Record High
OpenAI, a non-profit research organization founded by Sam Altman and Elon Musk, is dedicated to developing artificial intelligence (AI) for the benefit of all mankind. To ensure that OpenAI can attract top talent from Google and Facebook, the company restructured its structure in 2019, introducing a “profit ceiling” model which limits the return of early […]
Kraken Steps Away: Crypto Exchange Cuts Ties with Signature Bank After Unfavorable Regulations
After facing numerous unfavorable regulations in various parts of the world, the well-known crypto exchange, Kraken, has severed ties with its long-time banking partner, Signature Bank. According to an email sent to customers, Kraken’s non-corporate clients will no longer be able to deposit and withdraw US dollars via Signature Bank as of the 15th of […]
Galaxy Digital research: Bitcoin NFTs to reach $4.5b by 2025
Galaxy Digital’s research arm predicts the bitcoin nonfungible token (NFT) market will be valued at $4.5b by March 2025 in a “base case” scenario.
Polygon (MATIC) Devs Argue On ZK-Powered L2s, Polkadot (DOT) Sees A Rise In Developer Activity, TMS Network (TMSN) Excites Global Traders
Crypto investors are always looking to diversify their holdings with new coins that could be the next major asset in the industry. Recently, TMS Network (TMSN) has been causing quite a buzz around itself, completing Stage 1 of its presale and growing in value. Today, we will look at this potential blue-chip coin and see how it will […]
How gaming, metaverse could boost the Philippines’ global blockchain hub bid
In this CoinGeek Backstage interview, Agon Hare, Jason Brink, and Nikita Koslov share why the Philippines’ passion for gaming and eagerness to learn are critical to blockchain mass adoption. […] Read More… The post How gaming, metaverse could boost the Philippines’ global blockchain hub bid appeared first on CoinGeek.
Italian football club, AS Roma, adopts DigitalBits and XDB
AS Roma, an Italian football club, now supports XDB, a cryptocurrency native to DigitalBits, a network that says it is a “leading blockchain for companies.”
Colombia Holds Landmark Virtual Court Trial in Metaverse
Colombia’s Magdalena Administrative Court conducted a trial in the metaverse on February 15, with participants appearing as avatars in a virtual courtroom. The trial involved a traffic dispute brought by a regional transport union against the police and lasted two hours. The verdict could also be given in the metaverse. Colombia is one of the […]
FTX Japan Users Withdraw Funds Amidst Legal Battle
FTX Japan users have begun withdrawing all their funds after the slowdown in fund withdrawals due to Binance liquidating its FTX Token (FTT) holdings. While FTX Japan resumed withdrawals on Feb. 21, the legal battle with Sam Bankman-Fried (SBF) continues. (Read More)
Crypto Industry Increases Lobbying Efforts During Crypto Winter
A new study by the Money Mongers reveals that the crypto industry spent $25.57 million on lobbying in the United States in 2022, a 922% increase from 2017. Coinbase, the U.S.-based crypto exchange, led the spending with $3.3 million, followed by the Blockchain Association with $1.9 million and Robinhood with $1.84 million. Despite the increase […]