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In their search for bankrupt FTX clients' money, lawyers want to cross-examine SBF's mother and brother.
It is already known that the businessman's parents lived in a house in the Bahamas worth $16.4 million, which was the property of a crypto exchange. And the SBF's brother bought a multi-million dollar property near United States Capital (probably with the FTX clients' money).
Negotiations with the SBF's father are ongoing. Perhaps the court will be able to get the truth at least from the suspect's father.
They announced a new job on LinkedIn: “Head of Central Bank Digital Currency.”
"The successful candidate will be responsible for leadership of HM Treasury’s work on a potential digital pound – a U.K. central bank digital currency (CBDC)," reads the post.
The Bank of England (BoE) had previously stated that the FTX collapse proved the need for a digital pound.
Yes, they tighten the requirements and the nuts again. As of right now, European banks are required to view cryptocurrencies as the riskiest asset class.
Today, the relevant EU parliamentary committee approved such an initiative.
As a result, banks will actually need to hold EUR 1 in equity for every EUR they hold in cryptocurrencies.
The MEPs explained that similar capital requirements will help prevent the crypto world's insecurity from spreading to the financial system.
However, it was offensive. Which of the worlds is more unstable needs to be determined, though. But our arbiter is time. It will reveal everything.
Next month, The Open Network validators plan to vote on freezing 195 inactive addresses.
These addresses hold more than 1 billion TON coins, which amounts to $2.5 billion USD. If this decision is made, the blocking will last for 4 years and the owners of these wallets will not be able to make any transactions during this period.
A forced hold for long-term holders? It's interesting, but short term holders could definitely use some freezing!
Welcome another legend to the crypto family! Irish Distillers Int'l, the company behind Jameson whiskey, has registered a metaverse trademark!
Based on the application, it can be concluded that the iconic manufacturer plans to sell virtual alcohol, items and accessories, NFT trading software, and maybe even create a marketplace and a virtual bar!
Go, go, Jameson! We do not know exactly how all this will look, but every brand like this plays into the hands of mass adoption.
Ethereum supporters are looking forward to the upcoming crypto spring. Another network update, dubbed Shanghai Fork, is scheduled for March. Shanghai Fork will allow users to access the funds locked into the Ethereum Beacon Chain. Depositors will be able to participate in validating transactions and earn newly-created Ethereum.
J.P. Morgan believes Shanghai Fork will be a pleasant surprise for Coinbase as well. It estimates that up to 95% of retail investors of this crypto exchange will be able to participate in Ethereum staking after the update. The matter is that Coinbase may get additional revenue of about $225-$545 million per year.
Genesis filed for Chapter 11 bankruptcy protection on Thursday. Now the major creditors started to become known and ready to comment.
- The Gemini Exchange is the bankrupt's largest creditor. Its losses total more than $750 million.
- Investment fund Mirana. Genesis owes the fund (which invested in platforms like Bybit and BitDAO) $151.5 million.
- Decentraland. According to its representatives, it had a credit against Genesis of $7.8 million.
- Stellar Blockchain has a claim for $13 million against the bankrupt company.
- Coincident Cap confirmed that Genesis has $110 million in debt to them.
All the creditors claim that Genesis' troubled liabilities won't affect their current operations and that any potential losses will be covered. However, they don't specify at whose expense.
Genesis owes a total of $3.4 billion to its creditors.
Pedigree created a virtual shelter with 3D avatars of dogs who live in real-life shelters. Users can now bring a dog avatar into their virtual home and try to coexist with it.
Additionally, interactive pets need to be fed, taken for walks, and they even know how to destroy things. They also resemble their prototypes quite closely.
The Pedigree team is confident that this will help real dogs find families. Adoptions are available to Metaverse users at Pedigree.com/Fosterverse.
The Metaverse visitors also have the opportunity to donate in support of homeless dogs.
Fabio Panetta, a member of the board of the European Central Bank, said that the digital euro does not involve the ability to set limits on how funds can be spent.
This is one of the main concerns in society regarding the proliferation of Central Bank Digital Currencies (CBDCs), since today's technology will allow it to happen.
Well, we'd like to believe... But today it's one thing, and tomorrow another.
The agreement, which turned the crypto exchange into a Premium Partner of the Bundesliga club, will last until the end of June 2023.
Under the new terms, Coinbase will promote its products and services at Signal-Iduna-Park (the club's home stadium) and provide crypto-educational programs for team members.
The numbers of the deal are not disclosed.
But it is not that important. After all, we are still Barcelona's fans.
The Stellar Development Foundation has announced that it joins an advisory committee of the U.S. Commodity Futures Trading Commission.
Blockchain company Stellar will join representatives of traditional financial markets such as J.P. Morgan, Goldman Sachs, and BlackRock and get a say in institutional-level issues.
SDF representatives noted that they will primarily focus on the use of Layer 1 protocols in government agencies and bank transfers in stablecoins.
James Gorman, CEO of Morgan Stanley, said that the world economy has come out of its peak.
Positive changes were influenced by two factors:
- inflation in the USA has reached maximum levels
- relations between USA and China began to improve
Gorman believes that China and the United States have finally agreed: instead of redistributing the world's prosperity among themselves, they have moved to the desire to increase it so that everyone gets more.
Gorman also suggested that the Fed will not raise rates above 25 basis points next month.
The crypto market seems to agree. How to get an airdrop from StarkNet?
The project token was announced in July 2022. 9% of the total supply is given to users and programmers who have created dApps on StarkNet. We share information that will allow you to go through all possible activities, and they, in turn, will bring you closer to a potential airdrop. 





