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Belgium plans to accelerate the development of a European blockchain infrastructure during its presidency of the EU Council in early 2024, according to the goveernm. The proposal aims to facilitate the secure storage of official documents like driving licenses and property titles. The development of public blockchain for the pan-EU infrastructure
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FTT, the native token of defunct cryptocurrency exchange FTX, has surged by 90% following comments from SEC chairman Gary Gensler in relation to a potential reboot of the exchange that collapsed one year ago. Source
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The United States securities regulator chief has hinted he would be open to a rebooted crypto exchange FTX — as long as its new leadership stays within the bounds of the law. SEC Chair Gary Gensler’s comments were made in response to reports that Tom Farley, a former president of
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There are many moving parts in the FTX bankruptcy, and a restart would have to deal with various aspects of claims, token lockups and compliance issues. The process is not straightforward. Bankrupt crypto lender Voyager attracted a number of hopeful bidders looking to restructure the firm, offer tokens to creditors
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The Holesky testnet meant to celebrate Ethereum’s one-year anniversary of The Merge will be rebooted after configuration errors caused a network crash. Ethereum engineers plan to relaunch the Holesky public testnet following issues with the network’s initial deployment on Sep. 15. The testnet, which developers released at 10 a.m. ET, encountered “major
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The animated science fiction series Futurama, which was created long before Bitcoin (BTC) was even a gleam in Satoshi Nakamoto’s eye, poked fun at cryptocurrency miners in the third episode of its most recent iteration.In the episode “How the West Was 1010001,” which was released on Hulu on Aug. 6,
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The values of Web3 are generally understood to be the promotion of decentralization, transparency and self-sovereignty. But those values won’t be the only driver of the mass adoption of the internet’s next iteration, according to Mathieu: The movement must also adopt a business model that responds to the needs of
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Tribe, whose portfolio included FTX ahead of its dramatic collapse in November, is considering leading a $250 million fund raise, with a $100 million commitment from itself, according to the report. A source told Bloomberg that Tribe Capital co-founder Arjun Sethi met with FTX’s official committee of unsecured creditors in
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Top Stories This Week Ethereum’s Shapella hard fork executed on mainnet The Ethereum blockchain’s mainnet, also referred to as the Beacon Chain, implemented the Shapella hard fork on April 12. The upgrade made fund withdrawals possible for those who have
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Top Stories This Week Crypto lender Genesis files for Chapter 11 bankruptcy FTX contagions continue to spread through the crypto industry, with Genesis Capital filing for bankruptcy protection in New York, estimating liabilities in the range of $1 billion to
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