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FTX’s FTT token rallies 30% — Binance effect or FTX 2.0 reopening?

This surge suggests significant institutional attention despite the token’s historical association with FTX’s financial challenges.

South Korea to invite 100K citizens to test CBDC in 2024

Participants will be restricted to using the CBDC only for payment, without an option to store, exchange or send it to other users.

65% plunge in Web3 Games in ’23 but ‘real hits’ coming, $26M NFL Rivals NFT: Web3 Gamer

Can Shrapnel save Web3 gaming after a horror 2023? Why Disney’s NFT platform is “irrelevant” and the $26M NFT in free mobile game NFL RIvals.

65% plunge in Web3 Games in ’23 but ‘real hits’ coming, $26M NFL Rivals NFT: Web3 Gamer

As the year winds down, every gaming company and its dog are dropping year-in-review reports.

A recent report from blockchain gaming accelerator Game7 suggests that many game developers had an enforced nap instead of pumping out new games.

This year, just 223 Web3 games were launched which is a 65% drop from the 640 games launched in 2022, and even more distant from the 811 games launched in 2021.

Web3 game releases per year (Game7)

So what’s the deal with the sudden nosedive in output?

Well, the optimistic answer is Rome wasn’t built in a day.

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HTX exchange loses $13.6M in hot wallet hack: Report

The incident affected the greater HTX, Tron, and BitTorent ecosystem.

This is your brain on crypto: Substance abuse grows among crypto traders

Although documented statistics about cryptocurrency trading and substance abuse are hard to come by, addiction experts are treating an increasing number of crypto traders.

Abdullah Boulard, founder and CEO at The Balance Luxury Rehab, tells Magazine that a number of crypto traders struggle with substance abuse. “Our client base is diverse, but this is a unique demographic that we’ve seen an increase in over the recent years,” Boulard says. 

According to Boulard, the high intensity of cryptocurrency trading combined with 24/7 accessibility encourages some to use stimulants to keep up the pace. “Substances like amphetamines, cocaine and even excessive caffeine use are common among these individuals,” says Boulard. 

Caroline Ellison, the former CEO of Alameda Research, tweeted about the use of stimulants in April 2021.

New York Magazine subsequently reported that a successful trader who met with Ellison commented about her use of stimulants and their overall effects on members of the community. “Crypto really fucked with a lot of people’s perceptions of money. A lot of stuff doesn’t feel real. And if you add speed …”

Prior to that, in September 2019, the former CEO of disgraced cryptocurrency exchange FTX, Sam Bankman-Fried, tweeted about his use of stimulants and sleeping pills.

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This is your brain on crypto: Substance abuse grows among crypto traders

What is it about crypto trading that can make some users susceptible to substance abuse, and how can they get help?

Former Coinbase exec posits blockchain-driven vision of future societies

Attendees of the Network State Conference in Amsterdam believe that a new tomorrow is possible with decentralized technologies.

HECO Chain bridge compromised, over $86.6M sent to suspicious addresses

Blockchain security firm PeckShield reported that assets like stablecoins, ETH, SHIB, LINK and more were transferred from the bridge. Withdrawals and deposits have been suspended, and Justin Sun has said HTX will fully compensate users for any losses.

Did Binance’s CZ predict his own downfall?

An exclusive interview with Cointelegraph in 2018 highlighted growing scrutiny of Binance's meteoric growth.

Binance, CZ settlement with US DOJ ‘bullish for Bitcoin ETF,’ crypto community says

Community members compared the Binance settlement with the U.S. Department of Justice to the deal with BitMEX crypto exchange, as its CEO was also forced to step down.

Belgium seeks to reboot EU blockchain infrastructure project

The country’s government plans to accelerate the development of a European blockchain infrastructure during its presidency of the Council of the European Union.

CZ departure, Binance deal lead to purge of $175M of crypto longs

Data aggregator DefiLlama showed that Binance’s crypto asset inflows have fallen by over $1 billion in the last 24 hours.

Banrupt crypto lender Genesis sues Gemini to recover $689M worth of 'Preferential Transfers'

Genesis claims Gemini made preferential transfers of about $689,302,00 from Genesis and wants the court to "correct this unfairness."

Circle launches 'bridged USDC standard' for deploying to new networks

Circle published a new standard that allows developers to launch an unofficial bridged version of USDC that can later become native and official.

Michael Saylor’s a fan, but Frisby says bull run needs a new guru: X Hall of Flame

Dominic Frisby recalls meeting MicroStrategy’s Michael Saylor for the first time at a crypto event. What started off as an awe-struck moment became confusing after things took an unexpected turn.

“I saw Michael Saylor there. I was like, ‘Wow, that’s him!’” he tells Magazine. But it was Saylor who quickly came over and introduced himself before Frisby had a chance:

“He just came up to me and said, ‘I’ve seen some of your videos, and I really like your work and what you’re doing. Would you like to come over to dinner?’”

Frisby explains he was thrilled to be hanging with the OG Bitcoin maxi in Saylor’s house, which is “much nicer” than his own.

“Every time I watch a Michael Saylor video, I get orange pilled. The guy is so clever,” he declares.

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Michael Saylor’s a fan, but Frisby says bull run needs a new guru: X Hall of Flame

Bitcoiner Dominic Frisby counts Michael Saylor as a fan… but says we need a new Bitcoin evangalist & narrative to propel the next bull run.

Can blockchain supply the guardrails to keep AI on course?

Some believe that hybrid blockchains with both private and public aspects can solve AI’s black-box problem.

Aragon DAO votes to fund legal action against its founders

The DAO expressed dissatisfaction with the team’s recent move to dissolve its governing body and shut down its token without consulting its community.

Binance $3.9B USDT move gains community attention amid DoJ settlement claims

Binance transferred $3.9 billion USDT between its wallets, days before a report about a $4 billion settlement with the United States Justice Department was published.