Ukraine collabs with international consultants to update crypto framework
The Advisory Council on the Regulation of Virtual Assets held its first meeting, dedicated to adjusting the National Tax Code...
Month: December 2022
New Cardano algorithmic stablecoin evokes old fears for the community
“I thought we already figured this out, algorithmic stablecoins, not the best option,” a community member wrote on Twitter. With...
Crypto miners in Russia capitalize on the bear market by hoarding ASIC devices
Miners in Russia have likely been increasingly buying crypto ASICs due to reduced prices of mining devices as well as...
Firefox dev Mozilla goes all-in on metaverse, acquires Active Replica
The legacy web developer and internet browser Mozilla announced its acquisition of Active Replica as part of its Hubs creator...
Hong Kong working on investor protection regulations, says central bank exec
Hong Kong central bank executive looked optimistic about the future of decentralized tech, while the Korean central bank governor has...
Magic Eden follows OpenSea with NFT royalty enforcement tool
The open-source Open Creator Protocol of the NFT marketplace will enforce NFT creator royalties for new collections that opt-in to...
FTX was the ‘fastest’ corporate failure in US history — Trustee calls for probe
The Department of Justice's U.S. Trustee overseeing FTX’s bankruptcy case has moved for the court to appoint an independent examiner....
Ankr confirms exploit, asks for immediate trading halt
The decentralized-finance protocol said it is working with exchanges to immediately halt trading of its BNB staking rewards token, aBNBc....
CFTC Chairman Rostin Behnam cites LedgerX as success story amid FTX collapse
”The customer property at LedgerX — the CFTC-regulated entity — has remained exactly where it should be, segregated and secure,”...
Solana-based market maker integrates Stripe for fiat-to-crypto transactions
The Solana-based automated market maker Orca has opened up fiat purchases and fiat-to-crypto transactions through a new integration with Stripe....
Front-running scams rampant on YouTube with 500% surge in 2022: CertiK
The scam lures victims to download fake front-running bot software that swipes their assets once they try to initiate a...
U.S. Trustee: FTX was the ‘fastest’ corporate failure in American history, calls for probe
The Department of Justice's U.S. Trustee overseeing FTX’s bankruptcy case has moved for the court to appoint an independent examiner....
Mike Novogratz: Bankman-Fried is ‘delusional’ and headed to jail
The Galaxy Digital CEO alleges Sam Bankman-Fried and his cohorts perpetuated fraud and suggested they should be in jail. Former...
Proof-of-Reserves Are at ‘Best Incomplete, at Worst Misleading and Deceptive’ Says Crypto Analyst Martin Hiesboeck
While many crypto exchanges have seemingly embraced the use of proof-of-reserves (PoR) to showcase their transparency and reassure nervous users,...
‘Big Short’ Investor Michael Burry Warns of Extended Multi-Year Recession in US
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned about “an extended multi-year recession” in...
