Justin Sun paid $6M for a banana taped to a wall and now plans to eat it

Unlike its neighbor to the south that continues to procrastinate, Canada seems to be fast-tracking crypto assets — as evident again last week in its regulatory green light for three new Ether (ETH)-based exchange-traded funds, North America’s first.“Having an easily accessed ETF in Canada changes the competitive landscape,” Campbell Harvey, professor of international business at…

The $744 million trust asset sale request comes after the judge approved the phased-out sale of nearly $3.4 billion in crypto assets a couple of months ago. 315 Total views 3 Total shares Bankrupt crypto exchange FTX has requested the bankruptcy court in Delaware to allow it to sell certain key trust funds, including assets

The move comes as part of a government effort-led to revitalize consumer spending as a zero-COVID policy has devastated the countries' economic hubs. 107 Total views 23 Total shares According to local news outlet Shanghai Securities News, the City of Shenzhen will airdrop 30 million digital Chinese Yuan (e-CNY) to local residents in an attempt…

Last week, Russia’s Ministry of Education and Science introduced a blockchain-enabled platform for tracking diamonds.Indeed, blockchain has been bringing transparency into the diamond industry — a complex ecosystem where corruption and irresponsible mining appear to be largely present.Self-regulation in the diamond industry — and how Everledger’s arrival pivoted it from a dead endThe history of…

The SafeSnap platform allows executing Snapshot governance votes automatically. 2550 Total views 10 Total shares Gnosis and Snapshot have collaborated to develop SafeSnap, a product that allows for automatically executing successful governance votes on Snapshot. The module, which combines features of Gnosis Safe Multisig and the Snapshot off-chain governance platform, was released on Tuesday.Snapshot is…

Though some crypto firms operate in New York with a BitLicense, many including NYC Mayor Eric Adams have criticized the licensing regime as a difficult barrier to cross.

The number of lawsuits against former FTX CEO Sam Bankman-Fried has been racking up since the fall of his crypto empire, with the former “white knight” of crypto finding himself a defendant in seven class action lawsuits filed since FTX’s bankruptcy.These lawsuits are separate from the numerous probes and investigations examining FTX and Sam Bankman-Fried,…

The latest transfer of $23.59 million was spread across 19 tokens, including ETH, ALEPH, CRV, AVAX, LINK, DOGE, MATIC, UNI, and SOL. 61 Total views 1 Total shares In four days, wallets linked to defunct crypto trading firms FTX and Alameda Research moved $23.59 million worth of digital assets to top cryptocurrency exchanges.Blockchain analytics firm

The crypto APIs will help “provide another channel for the Black community to access crypto as a new asset class.” 397 Total views 5 Total shares Visa has teamed up with a neobank to pilot a crypto program that will allow underbanked individuals to purchase, custody, and trade digital assets.In an announcement today, customers at…