Turnover at SEC continues as Lizárraga announces January exit
On the heels of Chair Gary Gensler’s resignation, SEC Commissioner Jaime Lizárraga has also decided to step down from his role at the agency.
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Shaquille O’Neal claims process servers ‘tossed’ FTX legal papers at his moving car
The NBA star appeared in a June 2022 commercial saying he was “all in” on FTX, one of many endorsements that led to a class-action lawsuit following the exchange's collapse. 80 Total views 1 Total shares Lawyers for NBA star Shaquille O’Neal, who previously endorsed the now-bankrupt crypto exchange FTX, have claimed two process servers…

ZK proofs could change the internet, not just Web3 — Aleo exec
ZK proofs could help online privacy by only revealing relevant user information, solving the internet's “biggest problem,” says Brennen Schlueter. 222 Total views 40 Total shares Zero-knowledge proofs could be used to solve the “biggest problem” plaguing the internet today — privacy, according to one cryptocurrency executive. Speaking with Cointelegraph at the Ethereum Community Conference…

Bitcoin price rally to $37,850, signals that bulls intend to reclaim $40K
Bitcoin’s break above the $35,000 resistance shows bulls are serious about retaking $40,000 in the short-term. 1315 Total views 8 Total shares Bitcoin (BTC) price broke through the $35,000 resistance and appears to be stepping into a new range that would see the price trade between $38,000 to $40,000. Today’s recovery from the $34,000 level…

Why Web3 gaming is becoming the new hype for serious gamers
As Web3 gaming continues to evolve, more and more people are shifting to innovative models like play-to-earn games (P2E). In fact, the main hook for seasoned gamers is their ability to merge the thrill of playing and winning with earning money. With the new Web3 landscape, the entire gaming dynamic is shifting: from one that…

China’s WeChat bans crypto and NFT-related accounts
The policy also covers secondary NFT trading as the firm notes that “accounts that provide services or content related to the secondary transaction of digital collections shall also be dealt with.” 674 Total views 5 Total shares The top social media platform in China, WeChat, has updated its policies to ban accounts that provide access…

AI music sending traditional industry into ‘panic’, says new AI music platform CEO
Artificial intelligence (AI) has been making waves in various industries across the globe. However, the conflict between its usefulness and its ability to infringe on intellectual property (IP) has seen a particular struggle in the creative industries. Major players in the music industry from artists and record labels to institutions like the Grammys and YouTube have

China is pumping money out of the US with Bitcoin
The ongoing United States-China trade war is in its fourth year. Former U.S. President Donald Trump saw different results from what he initially expected: America has taken a hit from higher tariffs and sanctions against Chinese companies and hasn’t benefited from it nearly to the same extent. It has cost the country up to 245,000…

Paxos applies for clearing license with SEC following successful pilot tests
The stablecoin issuer completed a successful pilot test for same-day trade settlements with Credit Suisse and Instinet. 3656 Total views 20 Total shares Paxos, a United States-based stablecoin operator, announced Tuesday that it will apply for a formal clearing agency license with the Securities and Exchange Commission in a move that would bring another practical…