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Top Stories This Week Caroline Ellison wanted to step down but feared a bank run on FTX Caroline Ellison, former CEO of Alameda Research, testified for over 10 hours this week at Sam Bankman-Fried’s trial, offering deeper details on the
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Sam Altman, Worldcoin founder and OpenAI CEO, discusses the potential and challenges of cryptocurrencies, emphasizing the need for a global currency while addressing concerns about regulation and privacy. The rapid rise of cryptocurrencies has elicited varied responses globally, with governments grappling to understand and regulate this burgeoning market. Sam Altman, Worldcoin
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Buterin is looking forward to a future where developers can leverage an independent open tech stack. Speaking to the attendees of the Decentralized Finance (DeFi) event Permissionless which was held in Austin, Texas, Ethereum (ETH) co-founder Vitalik Buterin has expressed his enthusiasm towards a progressive future for the Ethereum network. He
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US Federal Reserve (Fed) Jerome Powell spoke at the annual Jackson Hole Economic Symposium, which has significantly pressured the Bitcoin price. Consolidation
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Bitcoin proponents eyeing fiat failures are in no shortage of news on the topic as of late, as multiple officials, economists, authors, and analysts from around the world have been weighing in on “de-dollarization” in a prolific fashion. Author and libertarian Jeffrey Tucker said recently: “The dollar’s just not going
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On Mar. 12, H.E. Justin Sun, the founding member of the TRON ecosystem and the global advisor at Huobi, a crypto exchange, posted a thread on Twitter highlighting the “potential harm” prevalent in the financial sector. He explicitly refers to current debacle in the financial markets following the collapse of Silicon Valley
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The Ethereum founder Vitalik Buterin has just sold over $700,000 worth of tokens that had been airdropped to him. However, in a recent Reddit thread, he mocked shitcoins discussed by the community. According to Etherscan, Vitalik’s publicly known wallet address had sold 50 billion MOPS tokens, equating to 1.25 ETH (approximately $2,000)
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Jesse Powell, the current CEO of crypto exchange Kraken, has called out United States financial regulators for letting “the bad guys” win to suit their agenda.In a Feb. 19 Twitter thread, Powell speculated that U.S. regulators — seemingly including the Securities and Exchange Commission (SEC) — were allowing crypto firms
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The U.S. central bank earlier Wednesday lifted its benchmark interest rate 25 basis points. Source
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NFT-friendly Japanese gaming giant Square Enix has invested 7 billion yen ($52.7 million) into game developer Gumi to create “high-quality” mobile games, blockchain games and a Metaverse initiative, among other things.Gumi mobile games: GumiAccording to a translation of the press release, the partnership will help Gumi tap certain intellectual property from
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