The President of Brazil, Jair Bolsonaro, is signing new legislation to regulate the use of crypto assets in his country. According to a recent government memo, the Brazilian President is signing a bill into law that would regulate digital asset providers. The bill defines what virtual assets are and what firms must do to obtain …
Continue reading “Brazil’s Crypto Payments Legislation Signed Into Law by President Bolsonaro”
2022 saw the continued advancement of green crypto projects as more industry companies focused on sustainability to reduce carbon emissions. A series of elemental forces drove the paradigm shift, including user demands for faster and more energy-efficient blockchains, growing climate change awareness among investors, and rising government concerns about energy consumption in the crypto sector. Among …
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The last year has been an eventful one for the crypto space. The collapse of the Terra ecosystem and its TerraUSD (UST) algorithmic stablecoin saw $50 billion wiped off the market in a flash. And more recently, FTX, an exchange many thought was “too big to fail,” came crashing down. There’s been no shortage of …
Continue reading “Rating agencies, not regulators, can rebuild trust in crypto after FTX”
Unique addresses on the Build and Build (BNB) Chain have now surpassed Ethereum, according to a Dec. 22 statement from the developer. BNB Chain has made significant strides in onboarding the next billion users into #Web3 in 2022. We want to thank our incredible community for coming along for the ride as we lay the …
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The biggest news in the cryptoverse for Dec. 22 is dominated by FTX news as SBF lands in the US and is granted bail pursuant to house arrest, Caroline Ellison takes plea deal to avoid jail, Tornado Cash could be back and more in this CryptoSlate Wrapped Daily. CryptoSlate Top Stories SBF granted highest ever …
Researchers say that Project Hamilton has successfully produced a useful codebase. 2 min read Updated: December 22, 2022 at 10:04 pm Cover art/illustration via CryptoSlate The Federal Reserve Bank of Boston and MIT announced on Dec. 22 that their CBDC research effort, Project Hamilton, is now complete. That initiative aimed to research the technical feasibility …
Despite crypto winter setting in, BNB Chain sets up big plans for 2023, as unique addresses surpass Ethereum as growth continues. 1 min read Updated: December 22, 2022 at 7:42 pm Cover art/illustration via CryptoSlate Unique addresses on the BNB Chain crossed 230 million, surpassing Ethereum and becoming the “largest layer 1 blockchain in the …
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Alameda CEO Caroline Ellison takes plea deal, faces no criminal charges A recently unsealed plea agreement shows that Caroline Ellison, the CEO of Alameda Research, pleaded guilty to seven fraud charges. In return for cooperating with authorities, Ellison faces a $250,000 fine and forfeiture of any assets she obtained from FTX money. 11 hours ago …
Continue reading “Marshall Islands passes law recognizing DAOs as legal entities”
The dramatic story of Sam Bankman-Fried is far from over as he landed on U.S. soil today and stood before a magistrate in the Southern District of New York where he was indicted on 8 counts of financial crimes. At the culmination of the hearing, SBF was granted a “$250 million bond, signed by the …
After close to two years, following the U.S. federal government accusing the Crypto Six of unlicensed money transmission, the case is seemingly coming to an end. According to multiple reports, Keene resident and libertarian activist, Ian Freeman, the last member of the Crypto Six case to be tried, was found guilty on all counts which …
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On Dec. 21, 2022, members of U.S. law enforcement detailed that FTX co-founder Gary Wang and ex-Alameda Research CEO Caroline Ellison have pleaded guilty to financial fraud charges. The recent charges against Wang and Ellison highlight some key findings and according to the U.S. Securities and Exchange Commission (SEC), FTX’s exchange token FTT is considered …
Twitter is now providing price charts with search results for major cryptocurrencies, such as bitcoin and ether. This new feature is “one of many product improvements coming to financial Twitter,” said Elon Musk, owner of the social media platform. Twitter Launches Price Chart Feature Twitter announced in a series of tweets Wednesday that it is …
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press release PRESS RELEASE. ”SUPER SAPIENSS NFT” Public-Sale on December 24. Financie, Inc. (headquarters, Tokyo; CEO, Hironao Kunimitsu; hereinafter “Financie”) has commenced to prepare for the IEO (*1) of the entertainment DAO project “SUPER SAPIENSS”. Additionally, “SUPER SAPIENSS NFT” will start a public sale from 24rd December, 6 am(EST) available for anyone. SUPER SAPIENSS NFT …
Decentralized finance (DeFi) platform Uniswap (UNI) is announcing that users can now buy cryptocurrencies on its web app using credit or debit cards and through bank transfers. The leading decentralized cryptocurrency exchange (DEX) is rolling out support for the new payment methods in partnership with MoonPay, a fintech company that builds payment infrastructure for crypto. …
A popular crypto analyst says the crypto market could see a massive rally in 2023 depending on the actions of the US Federal Reserve. In a new YouTube strategy session, the pseudonymous host of Coin Bureau tells his 2.18 million subscribers that a crypto bull rally is contingent on whether the Fed pulls back on …
Continue reading “One Catalyst Could Trigger ‘Crazy’ Crypto Rally in 2023, According to Coin Bureau”
