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Web3’s pervasiveness into mainstream industries has begun to raise questions about the ethics needed to operate in the space. During the second day of Paris Blockchain Week (PBW) 2023, a group of professionals from the ecosystem took the Venus de Milo stage to discuss the “Ethics of Web3.”The panel kicked
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The FTX, Voyager, Celsius and BlockFi bankruptcy proceedings are proving how complicated they really are. Original Source
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A lawyer for BlockFi told the first day hearing of its bankruptcy proceedings that the crypto lender has $355 million stuck on FTX and that the collapsed exchange’s sister company Alameda Research has defaulted on a $680 million loan.BlockFi filed 15 motions on Nov. 28 which were approved by the
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A Binance spokesman said “xenophobia” is underlying talk of a possible review by a key U.S. government panel that examines foreign takeovers. Source
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Ether, the second-largest crypto by market cap, fared even better, recently climbing more than 19% over the previous day to trade at roughly $1,600. Markets continue to look hopefully at the Ethereum blockchain's Merge transition from a more energy-intensive proof-of-work to a more environmentally friendly proof-of-stake protocol. Other major altcoins
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Permissionless innovation lowers barriers for disadvantaged groups but crypto is still dominated in key ways by white males, says CoinDesk's chief content officer. Original Source
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“Pretend I’m running away from police with a bag of cash, and jumping over fences, trying to evade capture… that’s not money laundering,” he said. “If Tornado Cash knows who deposited the money, and who took it out, that’s not money laundering.” Source
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One of the most important goals and benefits of the Web 3.0 revolution is for the world’s information technology ecosystems to re-decentralize. The internet, when it started, was a highly decentralized system. Centralized systems have, in time, layered themselves very successfully across this decentralized ecosystem.The economics of the software business
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Earlier this week, JPMorgan published a global markets strategy note that points out that money has flowed out of gold and into bitcoin since October, and predicts that this trend will continue over the medium to longer term.The easy conclusion is that investors are finally understanding that bitcoin is a
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Banking has become an imperative part of our life. Whether a working professional, a business or a a student, using banking channels is a prerequisite nowadays.A majority chunk of the population uses traditional finance alternatives in some or the other way on a daily basis. According to one of the
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