Bank of England receives 20 applications to develop CBDC wallet prototype December 28, 2022 Twenty companies have submitted applications to create a digital wallet for the Bank of England's CBDC project.
Siemer, Perruccio, Tsai: Here’s how we see 2023 shaping up for crypto… December 28, 2022 Senior figures from Wave Financial gather round the crystal ball to assess where they think the crypto cards will land in 2023.
Kraken opens up public beta NFT marketplace December 27, 2022 Crypto exchange Kraken has launched its NFT exchange in beta mode, allowing collectors to explore, discover and trade non-fungible tokens.
Narrow Escape: Sam Bankman-Fried released on $250m bail December 23, 2022 Disgraced FTX co-founder Sam Bankman-Fried avoided prison on Thursday after posting a $250m recognised bond before awaiting trial for charges of fraud and money laundering. The US attorney’s office for the Southern District of New York has charged Bankman-Fried with eight criminal counts, including fraud and money-laundering offences. The previously heralded crypto hero reportedly used [...]
Crypto in 2022: It wasn’t all bad December 22, 2022 This year was turbulent, even by crypto standards. If the past twelve months have taught us anything it’s that crypto is still far from a mature asset class and time may be running out for the industry to prove itself as a functional and beneficial cog in our financial system. There are a number of [...]
Sam Bankman-Fried extradited to the US December 21, 2022 Sam Bankman-Fried will be extradited to the US to face criminal charges for the demise of cryptocurrency exchange FTX after a judge in the Bahamas approved his transfer. In a hearing on Wednesday morning, Bankman-Fried’s legal team told the court that the former crypto executive agreed to extradition to the US, waiving his right to [...]
Large corporations will topple if they fail to adopt web3 tech December 21, 2022 What do Clorox, Twitter, Equifax, Macy’s, ViacomCBS, Nordstrom, and Southwest Airlines have in common? They’ve all, at one point or another, dropped out of the Standard & Poor’s 500 index. A common misconception plaguing the world of entrepreneurship is that the only metric of success one should care about is a swift and painless rise [...]
Collapsed crypto exchange FTX looks to claw back Bankman-Fried’s political donations December 20, 2022 The collapsed crypto exchange FTX is looking to claw back the hefty political donations made by its founder Sam Bankman-Fried as its new management team tries to recover customers’ cash and repay a long list of creditors. In a statement today, the firm said it had been approached by a number of recipients of “contributions [...]
FTX founder Sam Bankman-Fried agrees to US extradition in major U-turn December 20, 2022 The disgraced founder of FTX, Sam Bankman-Fried, has agreed to be extradited to the US from Bahamas where he faces a slew of fraud and conspiracy charges from federal prosecutors.
Blockchains are changing the way you buy your home December 19, 2022 Blockchains are changing the way you buy your home – blockchain technology has already been successfully used for a number of years in Australia by a company called PEXA, which has recorded over 11million property transactions. The same firm has recently set its sights on the UK to revolutionise the way that mortgages are handled [...]