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"At the hearing, the CFTC asserted it knew that some of Ooki DAO’s Token Holders reside and conduct business in the United States because the two founders of Ooki DAO’s predecessor entity, bZeroX LLC, are Token Holders who reside in the United States. This was new information to me," the
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Japan’s SMBC seeks to run trials for soulbound tokens as the banking giant looks to steepen its foothold in Web3.Japanese banking powerhouse Sumitomo Mitsui Banking Corporation (SMBC) recently announced plans to focus on Web3 soulbound tokens. The prominent East Asian bank intends to leverage its existing relationship with blockchain startup
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Four of the Crypto 6, including Freeman’s fellow radio host Aria DiMezzo, his former girlfriend Renee Spinella and her husband Andrew Spinella, and Nobody (formerly Richard Paul) have taken plea deals. Though DiMezzo is not set to be sentenced until later this month, the other three defendants escaped with relatively
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On Dec. 6, 2022, the “Crypto Six” case will be heading to trial, and out of all six defendants, only Ian Freeman, co-host of the radio broadcast Free Talk Live, has not accepted a plea bargain. According to the most recent hearing, Freeman’s legal counsel filed a Daubert motion, which
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Elon Musk said the Neuralink device called N1 would provide solutions to two body-impaired challenges, namely blindness, and quadriplegia.During a “show-and-tell” event organized by Neuralink, Elon Musk announced the next phase of development for the N1 brain-computer interface (BCI) chip. The world’s most famous and multi-serving executive showed the audience
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Boerlage said records of internal conversations show Pertsev, Semenov and Storm ran Tornado like a business, discussing management and operational decisions, and that they could, in practice, outvote other holders of the protocol’s TORN tokens. In particular, she said, they could have chosen to impose better laundering checks but doing
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A member of the defense team of the alleged BTC-e operator Alexander Vinnik has called on the head of the Russian Orthodox Church to intervene in support of his client. The Russian national may be sentenced to over 50 years in prison for his role in the infamous cryptocurrency exchange.
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The Bank for International Settlements (BIS), the Hong Kong Monetary Authority and the United Nations Climate Change Global Innovation Hub presented the results of their “Genesis 2.0” initiative. The project aims to explore the use of blockchain, smart contracts and the internet of things (IoT) for a global environment cause. The
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Those projects often assume banks or other payment companies would intermediate the service. Crucially, Aurum also tested out a system where regular shoppers don't get their hands directly on CBDC, but instead use private stablecoins – in the same way modern-day card payments use commercial bank money backed up by
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The monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued digital currencies. Cross-border payments and foreign exchange transactions totaling over $22 million were made as part of the pilot project with the participation of the Bank for International Settlements. Asian Central Banks Pilot
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