Crypto executives and politicians are becoming louder in their calls for crypto regulation as the aftermath of the FTX collapse continues to reverberate through the industry. In just the last 24 hours, the European Central Bank (ECB) president Christine Lagarde called regulation and supervision of crypto an “absolute necessity” for the European Union, while United
Month: November 2022
The billionaire owner of the NBA team Dallas Mavericks and a Stark Tank star, Mark Cuban, says that if he were the former FTX CEO Sam Bankman-Fried, he would be afraid of going to jail for a long time. “I talked to the guy and thought he was smart … I had no idea he
On Nov. 28, users of decentralized finance, or DeFi, lending platform Compound Finance passed a proposal to impose restrictions on the maximum borrowing of 10 tokens on the protocol. The proposal was put forth by financial modeling firm Gauntlet and passed with a majority “Yes,” although total turnout amounted to less than 7% of the
Gran Turismo series lead Kazunori Yamauchi has revealed that he’s “considering” and “looking into” porting the racing franchise to PC. Speaking to GTPlanet during the Gran Turismo World Finals, Yamauchi expressed some concerns about getting the “finely tuned” Playstation exclusive title to consistently run at 4K 60fps across all platforms. While not explicitly mentioned, he
Vir Das’ latest comedy special is headed to Netflix on December 26. First discovered on the platform’s international listings and confirmed by Gadgets 360 via the Netflix website, his upcoming stand-up special, “Vir Das: Landing,” sees the titular comedian delving deep into his childhood in India, “the perils of outrage, and finding his feet in
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk said that his company SpaceX cannot fund the Starlink service in Ukraine “indefinitely.” Michael Gonzalez | Getty Images News | Getty Images Twitter owner Elon Musk claimed on Monday in a series of tweets that Apple had threatened to remove the Twitter app
Redmi K60 series key specifications have been tipped, ahead of the launch of the smartphones. It has been a while since the Redmi K50 series debuted as a feature-packed flagship smartphone series for the masses. The company even launched the Redmi K50i in India, a handset powered by a MediaTek Dimensity 8100 SoC with support
WhatsApp, the Meta-owned instant messaging app, is reportedly testing a new feature that’ll allow to users share contact cards in a chat on the Windows desktop app. After adding the ability to create polls within chat share sheets, the instant messaging app is now reportedly working on this new feature as seen on the Windows
Amazon Web Services (AWS) has resolved a cross-tenant vulnerability in its platform that could be weaponized by an attacker to gain unauthorized access to resources. The issue relates to a confused deputy problem, a type of privilege escalation where a program that doesn’t have permission to perform an action can coerce a more-privileged entity to
China witnessed a spike in Covid cases and that has resulted in strict lockdown restrictions in several parts of the country. This triggered widespread protests in China and has possibly pulled the global stock markets lower. In addition to the turmoil in China, the cryptocurrency markets, which are already in a bear grip, are reeling
Staking technology provider Kiln has closed out a $17.8 million fundraising round featuring the likes of Consensys and Kraken Ventures. The company is eyeing ‘exponential’ growth in demand for ETH staking services from institutional clients in the future. Kiln is a software-as-a-service provider focused on enterprise-grade staking solutions across 16 different proof-of-stake blockchain protocols. Its
The United States Treasury Department’s Office of Foreign Assets Control, or OFAC, has announced a settlement with crypto exchange Kraken for “apparent violations of sanctions against Iran.” In a Nov. 28 announcement, OFAC said Kraken had agreed to pay more than $362,000 as part of a deal “to settle its potential civil liability” related to
The Japanese messaging giant Line has decided to shut down its cryptocurrency exchange business amid the ongoing crypto winter. Line-owned crypto exchange Bitfront officially announced on Nov. 27 a plan to completely close down the platform by March 2023. According to the statement, the closure was driven by the continued cryptocurrency bear market and other
Web3 returns content rights to the author, enhances the security level, eliminates unfair censorship, ushers in transparency, automates the functioning of software and facilitates a creator economy. Thanks to the characteristics of Web3, businesses can take advantage of opportunities that are beyond imagination. Concepts like decentralization and permissionless cybersphere were just in sci-fi. Nonetheless, Web3
The collapse of the now-bankrupt cryptocurrency exchange FTX has put the Singapore prime minister and the ruling government in a hot seat. Prime Minister Lee Hsien Loong and Deputy Prime Minister Lawrence Wong are set to face grilling questions for their failure to protect retail investors. The Members of Parliament (MP) from the opposition Workers’
press release PRESS RELEASE. Minimax.Finance integrated the recently launched VERSE DEX to provide the Minimax community with more options for cost-effective swaps on Ethereum network. VERSE pools are also available at the platform. The Minimax team has integrated VERSE DEX into Minimax’s swap section; now Minimax users can enjoy all the DEX benefits, including security
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