Ethereum ETF sell-off signals more trouble — 10x Research

The International Monetary Fund (IMF) has argued that network effects could spark the blaze for the mass adoption of new digital monies.In a fresh report published on July 15, the IMF aims to create a conceptual framework for categorizing new digital monies such as Facebook’s Libra and stablecoins as well to think through the implications…

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The Ethereum Foundation has refuted alleged plans to spend a prospective $15 million on the development of Verifiable Delay Functions (VDFs) for use in its transition to a Proof-of-Stake (PoS) network. The clarification was made by Foundation researcher Justin Drake in private correspondence with Cointelegraph on Feb. 8.A report from crypto news outlet CoinDesk had…

US authorities relocated the former FTX CEO to the Federal Correctional Institution in Terminal Island after he participated in a reportedly unsanctioned interview. Former FTX CEO Sam “SBF” Bankman-Fried has moved from a transit facility to a California prison that once housed infamous gangster Al Capone. According to the Federal Bureau of Prisons website, officials

The acquisition was called off two weeks after BitGo publicly disclosed its non-binding letter of intent to acquire Prime Trust. 961 Total views 1 Total shares On June 22, wallet infrastructure provider and digital asset custodian BitGo announced on Twitter that it had decided to cancel its acquisition of fintech infrastructure provider Prime Trust. According…

The Capital Market, Insurance and Saving Authority, a division of Israel’s Ministry of Finance (MoF), is looking to accelerate the process of procuring licenses for blockchain and fintech companies in the country.Israeli business news outlet Calcalist reported the development on Aug. 19. According to the report, the authority has launched dedicated industry teams, some of…

Kenya might become the first country in the world where the industry’s representatives would develop the regulatory framework for crypto. 327 Total views 3 Total shares Kenya might become the first country in the world where the industry’s representatives would develop the regulatory framework for crypto. According to the Blockchain Association of Kenya (BAK), The

In a hearing, Assistant U.S. Attorney Danielle Kudla said the Department of Justice estimated the case could last four to five weeks. 447 Total views 24 Total shares Former FTX CEO Sam “SBF” Bankman-Fried will spend at least 21 days in court as part of his criminal trial, which will begin in earnest on Oct.