Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

BNB Chain now has more unique addresses than Ethereum, developer says

Despite this growth, BNB Chain still has far less unique addresses than Bitcoin.

SEC Charges Against FTX, Alameda Execs Wang and Ellison Reveal Key Findings, US Regulator Says FTT Is a Security

On Dec. 21, 2022, members of U.S. law enforcement detailed that FTX co-founder Gary Wang and ex-Alameda Research CEO Caroline Ellison have pleaded guilty to financial fraud charges. The recent charges against Wang and Ellison highlight some key findings and according to the U.S. Securities and Exchange Commission (SEC), FTX’s exchange token FTT is considered […]

Bankman-Fried posts $250M bail with FTT as collateral

submitted by /u/cl4yf4c3 [link] [comments]

Marshall Islands legally recognizes DAOs as domestic limited liability companies

The law enables legal entities registered in the country to formally adopt DAO structures and governance tools.

FTX founder Sam Bankman-Fried to be released on $250 million bail, will live with his parents

So basically he had 250M (Stolen from investors) to pay so he doesn't go to jail meanwhile investors lost their life savings. I found this a lamentable solution, this money should be distributed to all people who trusted FTX and believed this CLOWN. ALSO we need regulations asap so investors can be protected and crypto…
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Crypto exchange Bullish announces termination of SPAC deal, citing SEC practices

Bullish said it had reached a mutual agreement with Far Peak Acquisition to no longer merge in a deal for a listing on the New York Stock Exchange.

L2s Become More Valuable than L1s?

In theory, L2 blockchains will become more valuable than L1s. If one of the primary reasons for holding an L1 token is for its use within the ecosystem, but an existing L2 is faster and cheaper, why hold L1 other than paying for fees when using the L2? For a concrete example, if I'm buying…
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FTX creditor committee hires Paul Hastings LLP for bankruptcy proceedings: Report

After evaluating several law firms, FTX’s unsecured creditors’ committee has chosen a legal adviser.