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Bitcoin ETF hype returns as 'aggressive bid' sends BTC price near $38K

Bitcoin ETF talk is accompanied by a snap return to the top of the recent BTC price trading range.

FTX collapse, Binance’s US settlement provide strong case for MiCA regulations

European Commission policy officer Ivan Keller highlights high-profile centralized exchange shortcomings as key reasons for the implementation of MiCA regulations in Europe.

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.

Italian regulators investigate online AI data scraping

The Italian Data Protection Authority has launched a “fact-finding” probe into the security practices of public and private websites to prevent AI data scraping.

Kraken co-founder hails ‘more fair’ playing field as DOJ fines Binance

Jesse Powell sees CZ’s and Binance’s legal proceedings as a positive change, as “going after the most egregious offenders offshore would require effort.”

CZ an ‘unacceptable risk of flight,’ should stay in US: DOJ

U.S. prosecutors are pushing for CZ to stay in the country, saying they “would not be able to secure his return” if he’s allowed back to Dubai.

Is Binance’s $4B settlement the green light for spot Bitcoin ETFs?

One crypto executive predicted five months ago that spot Bitcoin ETFs would only be approved after Binance lost ground on its market dominance.

Director YOLO'd $4M of Netflix budget into Dogecoin, made $27M: Report

The director of Netflix’s sci-fi series Conquest reportedly used $4 million from the show’s budget to bet on Dogecoin (DOGE) and made $27 million in the process.

Now the director, Carl Erik Rinsch, wants another $14 million from Netflix, according to a Nov. 22 report in The New York Times citing a confidential arbitration proceeding.

The Times report details the behind-the-scenes drama of Rinsch’s sci-fi Netflix series Conquest, which the streaming giant doled out $55 million to make, but is yet to receive an episode.

In March 2020, 16 months after Netflix bought Rinsch’s idea and provided him with an initial budget of $44 million, the director asked for more funds. Netflix obliged and wired him $11 million on the condition he finished the show.

According to financial statements obtained by the Times Rinsch used $10.5 million from the fresh funding to gamble on the stock market and allegedly lost nearly $6 million in just a few weeks by placing options bets on pharmaceutical companies and the S&P 500,

Appeals court rejects Sam Bankman-Fried’s bid for release

The court cited Sam Bankman-Fried’s alleged witness tampering as the main grounds for rejecting his release bid.

Appeals court rejects Sam Bankman-Fried’s bid for release

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FTX founder and convicted fraudster Sam Bankman-Fried will stay jailed after failing to convince a United States appellate court that he should be freed while his legal team appeals his conviction.

In a Nov. 21 mandate, the U.S. Court of Appeals for the Second Circuit said Bankman-Fried’s previous attempts to tamper with two witnesses while on pretrial release was a major reason behind rejecting his request.

“We have reviewed the Defendant-Appellant’s additional arguments and find them unpersuasive,” the court said.

Bankman-Fried’s release motion was rejected by a U.S. appeals court. Source: Courtlistener

Government prosecutors accused Bankman-Fried of leaking Caroline Ellison’s diaries to The New York Times in July, which caused his bail to be revoked by a New York District Court.

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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.

Game7

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.

Game7

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

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

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.

Game7

Sam Altman’s ouster shows Biden isn’t handling AI properly

What happened with Sam Altman behind the scenes? Neither OpenAI nor Microsoft have provided all the answers. The industry deserves more congressional scrutiny.

MAYC ripoff creator pleads guilty, G2A opens NFT platform: Nifty Newsletter

The creator of the Mutant Ape Planet NFT collection pleaded guilty to wire fraud in a New York federal court.

Bitcoin derivatives traders target $40K BTC price now that Binance is resolved

BTC futures and options held firm despite a wave of negative news, and data shows traders targeting $40,000.

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