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August 23, 2023
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Published by Victoria Kyle at August 23, 2023
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Chinese official sentenced to life in prison for Bitcoin mining, corruption

Xiao Yi was accused of abuse of power and corruption in operating a $329 million Bitcoin mining enterprise.   China’s uncompromising stance on illicit cryptocurrency operations […]
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August 23, 2023
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Published by Victoria Kyle at August 23, 2023
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BlockFi argues FTX, Three Arrows Capital aren’t entitled to repayments

BlockFi argues its creditors, not FTX’s, are the “ultimate victims” of FTX’s alleged fraud.   The insolvent cryptocurrency lender BlockFi is striving to obstruct efforts from […]
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August 22, 2023
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Published by Victoria Kyle at August 22, 2023
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Coin Center responds to US lawmakers’ request for crypto tax guidance

The crypto advocacy group’s suggestions included a de minimis exemption for crypto transactions and having the IRS provide guidance on block rewards, airdrops and hard forks. […]
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August 22, 2023
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Published by Victoria Kyle at August 22, 2023
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Central African Republic expands Sango project to land, resource tokenization

Asset tokenization has been in the works for a year. The ambitious project has also included investor citizenship and an island in the metaverse.   The […]
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August 22, 2023
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Published by Victoria Kyle at August 22, 2023
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AI unlikely to destroy jobs, but cost to certain workers may be ‘brutal’ — UN study

The International Labour Organization study says that AI will more likely augment jobs than destroy them, though certain roles could be at more risk than others. […]
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August 21, 2023
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Published by Victoria Kyle at August 21, 2023
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Friend.tech generates over $1M fees in 24h, surpassing Uniswap, Bitcoin networks

Launched in beta on Aug. 11, the platform allows users to tokenize their social network by buying and selling “shares” of their connections.   Recently launched […]
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August 21, 2023
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Published by Victoria Kyle at August 21, 2023
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China proposes to bring its social credit system to the metaverse: Report

Proposals to a United Nations group reportedly show China wants digital IDs and real-world punishments for actions that occur in the Metaverse.   According to a […]
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August 21, 2023
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Published by Victoria Kyle at August 21, 2023
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Bitget mandates KYC requirements in line with tightening global regulations

The exchange operator is implementing new KYC requirements for users from September 2023 to comply with developing global regulatory guidelines.   Bitget, a cryptocurrency derivatives exchange […]
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August 21, 2023
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Published by Victoria Kyle at August 21, 2023
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‘I give it six to eight weeks’ — Critics warn Friend​.tech hype won’t last

Most crypto industry heavyweights have been bullish about the new decentralized social media app Friend.tech, but some critics warn it’s getting too hot too quickly.   […]
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July 31, 2023
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Published by Victoria Kyle at July 31, 2023
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BNB Smart Chain hit with copycat Vyper attack, $73K exploited

While Ethereum-based protocols have been hit with the majority of the exploit activity, BNB Smart Chain has also seen similar copycat exploits, according to BlockSec.   […]
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