FTX ‘One of the Biggest Financial Frauds in American History’: Prosecutor Damian Williams

FTX ‘One of the Biggest Financial Frauds in American History’: Prosecutor Damian Williams

A day after former FTX Chief Executive Sam Bankman-Fried was arrested in the Bahamas, United States Attorney for the Southern District of New York Damian Williams provided insight into the charges levied against…

Reddit Users Have Minted More Than 5 Million NFT Avatars on Polygon

Reddit Users Have Minted More Than 5 Million NFT Avatars on Polygon

In brief More than 5 million NFTs have been minted through Reddit’s Collectible Avatars initiative. Reddit’s avatars are minted on Ethereum scaling network Polygon. Most of the NFTs were given away free to…

gm: Tezos Co-Founder Kathleen Breitman Sounds Off on FTX Collapse

gm: Tezos Co-Founder Kathleen Breitman Sounds Off on FTX Collapse

gm: Tezos Co-Founder Kathleen Breitman Sounds Off on FTX Collapse Tezos co-founder Kathleen Breitman has been in crypto since the beginning and has seen a lot of cycles and failures. She joined Stacy…

This Week in Coins: Bitcoin and Ethereum Flat Again, Axie Infinity Sees Rare Jump

This Week in Coins: Bitcoin and Ethereum Flat Again, Axie Infinity Sees Rare Jump

This week in coins. Illustration by Mitchell Preffer for Decrypt. This week’s crypto market was another mixed bag as the industry continues to navigate the continued contagion from the FTX collapse.  Bitcoin and…

‘No One Won’: Binance CEO CZ Again Clashes With Sam Bankman-Fried

‘No One Won’: Binance CEO CZ Again Clashes With Sam Bankman-Fried

Binance CEO Changpeng ‘CZ’ Zhao today clashed with disgraced founder of collapsed crypto exchange FTX Sam Bankman-Fried on Twitter.  In the Friday spat, the Binance boss said that “no one won” in response…

Sam Bankman-Fried’s Lawyer Parents to Drop Teaching at Stanford in 2023: Report

Sam Bankman-Fried’s Lawyer Parents to Drop Teaching at Stanford in 2023: Report

The parents of disgraced former FTX CEO Sam Bankman-Fried will no longer be teaching at Stanford next year, The San Francisco Standard has reported. Joseph Bankman, who has been teaching at Stanford Law…

A DAO Is Trying to Buy the US Constitution—Again

A DAO Is Trying to Buy the US Constitution—Again

It’s history repeating itself. Source link

Paraguay Lawmakers Shelve Hotly Debated ‘Crypto Law’

Paraguay Lawmakers Shelve Hotly Debated ‘Crypto Law’

Paraguay’s plans to regulate the crypto mining industry have come to a screeching halt after lawmakers nixed the country’s “Crypto Law” on Monday.  The bill, which was set to create a tax and…

Nexo to Phase Out Service in US After Hitting ‘Dead End’ With Regulators

Nexo to Phase Out Service in US After Hitting ‘Dead End’ With Regulators

Crypto lender Nexo today announced it will gradually phase out U.S. products and services over the coming months due to hitting a “dead end” with regulators.  The U.K. company said in a Monday…

Coinbase CEO Rejects FTX ‘Accounting Error,’ Says Funds Were Obviously ‘Stolen’

Coinbase CEO Rejects FTX ‘Accounting Error,’ Says Funds Were Obviously ‘Stolen’

Coinbase Chief Executive Brian Armstrong on Saturday condemned Sam Bankman-Fried’s account of how FTX found itself in an $8 billion hole. Armstrong said there is no way billions of dollars could have simply…

Genesis Owes Gemini Earn Users 0M: Report

Genesis Owes Gemini Earn Users $900M: Report

Embattled crypto broker Genesis and its parent company Digital Currency Group (DCG) owe users of Gemini Earn $900 million, the Financial Times reported on Saturday, citing anonymous sources. Gemini had used Genesis as…

MetaMask Co-Founder Wants to ‘Dump’ Apple, Calls iOS Purchase Tax ‘Abuse’

MetaMask Co-Founder Wants to ‘Dump’ Apple, Calls iOS Purchase Tax ‘Abuse’

MetaMask co-founder and ex-Apple employee Dan Finlay says he’s all in favor of the crypto industry ditching Apple’s App Store altogether, calling Apple’s 30% in-app purchase tax “an abuse of monopoly.” “I’ll absolutely…

Apple Forces Coinbase to Disable NFT Transfers on Its Wallet App

Apple Forces Coinbase to Disable NFT Transfers on Its Wallet App

Coinbase’s Wallet iOS application no longer supports NFT transactions because of Apple’s strict new policies on NFTs, which were announced in October. “You might have noticed you can’t send NFTs on Coinbase Wallet…

Cardano’s Hoskinson: FTX Collapse Proves ‘Absolute Need’ for Decentralization

Cardano’s Hoskinson: FTX Collapse Proves ‘Absolute Need’ for Decentralization

The recent collapse of crypto exchange FTX highlights the “absolute need” for decentralization, according to Cardano founder Charles Hoskinson. Speaking at the Financial Times Crypto and Digital Assets Summit, Hoskinson said that the…

Coinbase Wallet Delists XRP, Bitcoin Cash and Ethereum Classic

Coinbase Wallet Delists XRP, Bitcoin Cash and Ethereum Classic

Coinbase today delisted a number of big cryptocurrencies—including Ripple’s XRP, the seventh largest digital asset by market cap—from its wallet app.  In a Tuesday announcement, America’s biggest exchange said that from January 23…

Executive Who Brought Time Magazine Into Web3 Is Leaving for MoonPay

Executive Who Brought Time Magazine Into Web3 Is Leaving for MoonPay

In brief Time President Keith Grossman will depart the media brand to join crypto payments startup MoonPay as President of its Enterprise division. Grossman joined Time in 2019 and oversaw its push into…

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