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July 17, 2023

Celo Proposes to Ditch Own Standalone Blockchain for Layer-2 Network on Ethereum

The development team behind the independent Celo blockchain says benefits could accrue from transitioning to the Ethereum ecosystem, in terms of greater liquidity, improved security and more compatibility.

News
July 17, 2023

Ripple’s XRP Ruling Does Nothing for Regulatory Clarity

(Colin Lloyd/Unsplash)

News
July 17, 2023

SEC’s Gensler Says AI Could Play Big Role in Future Financial Crises

Artificial intelligence “may heighten financial fragility as it could promote herding,” the regulator said in a speech

News
July 17, 2023

Ron DeSantis Promises to Ban CBDCs if Elected President

DeSantis in March signed a bill as Florida’s governor to prohibit the use of CBDC’s within his state.

News
July 17, 2023

Binance Slashes Worker Benefits as Profit Falls: WSJ

Binance has stopped offering certain benefits to its employees on June 19 as the company’s profits continue to decline, according to former employees and internal company messages viewed by the Wall Street Journal.

News
July 17, 2023

BlockFi Bet Big on FTX and Alameda Even After Seeing Infamous Balance Sheet, Creditors Say

The crypto lender saw “the exact same balance sheet” later published by CoinDesk but still put clients’ money in Sam Bankman-Fried’s companies, a scathing new report claims.

News
July 17, 2023

Hector Network Votes to Liquidate $16M Treasury Following Multichain, Fantom Losses

Hector Network’s HEC and TOR tokens, and its treasury, suffered major losses related to Multichain. The project is based on Fantom.

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