Monthly archives: September 2023

September 28, 2023 – London, England Decentralized ledger platform Radix Publishing has celebrated the successful completion of its long-anticipated Babylon mainnet upgrade. The Babylon upgrade represents the end of the Olympia era and has been hailed by Radix as a game-changing moment for Web 3.0 and the wider DeFi space. The Babylon mainnet upgrade has …

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Customers of failed crypto lender BlockFi may soon be able to recoup a portion of their frozen crypto assets after a bankruptcy court judge reportedly greenlit the firm’s liquidation plan. BlockFi stopped allowing its customers to make withdrawals in November 2022, citing a lack of clarity from FTX, one of the lending platform’s biggest borrowers. …

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DAOs should learn from Burning Man’s example in simplifying their missions and governance structures and keeping community members engaged. Opinion Join us on social networks As they exist today, decentralized autonomous organizations (DAOs) will not scale to the masses.  Sure, shining examples like PleasrDAO, Uniswap DAO, Synthetix’s group of DAOs, and Maker DAO exist, thriving …

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Ripple’s CEO Brad Garlinghouse shared the news on X, saying it will remain an investor in Fortress Trust. News Join us on social networks Within 20 days of announcing the acquisition of Fortress Trust to allegedly expand its pool of licenses in the United States, financial technology firm Ripple is pulling out of the deal.  …

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Four members of the House Financial Services Committee are asking U.S. Securities and Exchange Commission (SEC) chair Gary Gensler to reconsider his agency’s stance on spot Bitcoin (BTC) exchange-traded products (ETPs). In a letter dated September 26th, Representatives Mike Flood (R-Neb.), Tom Emmer (R-Minn.), Wiley Nickel (D-N.C.) and Ritchie Torres (D-N.Y.) tell Gensler that the …

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In a recent Pantera survey, less than 2% of respondents said they worked full time in an office setting, with the rest working at least partially remotely. News Join us on social networks A typical Web3 developer has a median salary of $128,000 in 2023. According to a recent survey by Pantera Capital, the highest …

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Digital assets can present expansive and valuable opportunities for a TradFi institution that’s prepared to lay the necessary foundation. Innovation Circle Join us on social networks As digital asset options continue to gain attention and acceptance from investors, traditional financial institutions may be considering adding digital assets to their offerings and/or portfolios. As with any …

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Bitcoin clinches a BTC price boost as the latest U.S. macro data flows in, with all eyes on Powell next. Market Update Join us on social networks Bitcoin (BTC) hit new weekly highs after the Sept. 28 Wall Street open as markets awaited fresh cues from the United States Federal Reserve. BTC/USD 1-hour chart. Source: …

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The federal judge overseeing Sam Bankman-Fried’s fraud case reportedly suggested the former FTX CEO might be a flight risk, given his young age and potential prison time. News Join us on social networks Former FTX CEO Sam “SBF” Bankman-Fried will remain in jail at least until the start of his Oct. 3 criminal trial following an …

Continue reading “Judge denies final pretrial request from Sam Bankman-Fried for temporary release”