The plaintiffs have until December to show cause as to why the two sports stars should not be dismissed from the lawsuit.
Decentral Block Post
Access real-time blockchain and cryptocurrency news updates from around the globe.
SEC of Thailand wants public feedback on crypto lending, staking ban
Thailand's securities regulator believes that crypto firms should not be allowed to deploy users’ deposits and provide lending services.
Rapper The Game's crypto startup gets registration revoked
The SEC said that ParagonCoin Limited violated securities laws for failing to file the required periodic reports.
US Trustee appeals NY Judge’s approval of Voyager deal with Binance.US
The United States Department of Justice filed an appeal against an approval made by N.Y. just days before to allow a billion-dollar sale of assets from Voyager Digital to Binance.US.
Hedera confirms exploit on mainnet led to theft of service tokens
Hedera, the team behind distributed ledger Hedera Hashgraph, has confirmed a smart contract exploit on the Hedera Mainnet that has led to the theft of several liquidity pool tokens.
Hedera said the attacker targeted liquidity pool tokens on decentralized exchanges (DEXs) that derived its code from Uniswap v2 on Ethereum, which was ported over to use on the Hedera Token Service.
The Hedera team explained that the suspicious activity was detected when the attacker attempted to moved the stolen tokens across the Hashport bridge, which consisted of liquidity pool tokens on SaucerSwap, Pangolin and HeliSwap. However, operators then acted promptly to temporarily pause the bridge.
Hedera didn't confirm the amount of tokens that were stolen.
On Feb. 3, Hedera upgraded the network to convert Ethereum Virtual Machine (EVM)-compatible smart contract code onto the Hedera Token Service (HTS).
US Fed to create new crypto team amid concerns about unregulated stablecoins
The Fed’s Vice Chair for Supervision emphasized that they do not want to curb innovation, but ensure that regulations protect households and the financial system.
'CryptoGPT' Twitter accounts spring up as hashtag trends on Twitter
Dozens of Twitter accounts have emerged on Twitter claiming to be related to "CryptoGPT."
Bitcoin slips under $20K amid Biden budget, Silvergate collapse
The price of BTC briefly slipped under $20,000 on March 10, although at time of writing was hovering just above that level.
CBDCs could be 'easily weaponized' to spy on US citizens: Congressman
Congressman Tom Emmer made the anti-CBDC comments to an audience at the Cato Institute, a think tank in Washington.
CBDCs could be 'easily weaponized' to spy on US citizens: Congressman
Congressman Tom Emmer made the anti-CBDC comments to an audience at the Cato Institute, a think tank in Washington.
CBDCs could be 'easily weaponized' to spy on US citizens: Congressman
Congressman Tom Emmer made the anti-CBDC comments to an audience at the Cato Institute, a think tank in Washington.
'I anti-endorse these projects' — Buterin's shitcoin war sees him sent another 250K
Earlier this week, the Ethereum co-founder sold $700,000 worth of “shitcoins.”
'I anti-endorse these projects' — Buterin's shitcoin war sees him sent another 250K
Ethereum co-founder Vitalik Buterin's latest salvo against “shitcoins” has ended up with him simply being sent more of it.
Only days ago, the Ethereum developer made moves to sell over $700,000 of tokens previously airdropped to him, causing the price of these tokens to fall.
Buterin has since continued his war on apparent “shitcoins.” In a Mar. 9 post on a small subreddit, Buterin labeled crypto token Bite (BITE) and most of the other coins discussed on the r/Testingtesting62831 subreddit were “shitcoins” which have “no redeeming cultural or moral value, and will probably lose you most of the money you put into them.”
Vitalik Buterin's full post on the Testingtesting62831 subreddit. Source: RedditBITE was one of the tokens Buterin sold in his shitcoin selling spree on Mar. 7, selling 3.4 million BITE for around $9,250, according to PeckShield.
“I anti-endorse these projects to the greatest extent.”
'Bad batch' or flawed design? Compass Mining flags problems with new ASIC miners
The Bitcoin mining company is stumped as to why Bitmain changed the design of the S19 Antminers.
Thailand’s $1B crypto sacrifice, Mt Gox final deadline, Tencent NFT app nixed: Asia Express
South Korea is throwing another $51 million at the metaverse, Mt. Gox saga is drawing to a close, Canaan BTC miner sales revenue plunges 60%.
Thailand’s $1B crypto sacrifice, Mt Gox final deadline, Tencent NFT app nixed: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments.
South Korea invests another $51M in metaverse tech
South Korea’s plans for metaverse domination are gathering pace. A Mar. 8 document prepared by the Ministry of Science and Information and Communication Technology (ICT), the National IT Industry Promotion Agency, and the Korea Radio Promotion Association, says the three entities will invest a total of 27.7 billion Korean won ($21 million) in metaverse projects across 13 sectors such as healthcare, tourism, and education. One example use case is about telemedicine in the metaverse:
“Establish a virtual counseling space and provide mental health recovery and promotion services through expert psychological counseling, healing contents, and community activities.”
The same day, South Korea‘s Ministry of Science and ICT also announced the creation of a 40 billion Korean won ($30 million) metaverse fund to be operated by local investment management companies. It cited the need to incubate domestic metaverse-related companies to become big enough to compete with global companies through the expansion of business areas and scale.
The South Korean government is betting big on the development of VR (Korean Tourism Organization)Mt. Gox’s final deadline for claims
On Mar. 9, trustees of bankrupt Japanese cryptocurrency exchange Mt. Gox announced that creditors have until Apr. 6, 2023, to complete registration to receive repayment. The biggest Bitcoin exchange in the world at the time, Mt. Gox filed for bankruptcy in 2014 after discovering that 850,000 of the exchange’s Bitcoins had been stolen via discreet hacks and siphoning over a number of years. The exchange has since recovered around 200,000 BTC. The funds have been held in trust for the creditors, with 162,106 BTC ($3.49 billion) sitting in wallet addresses tracked by Token Unlock.
Thailand’s $1B crypto sacrifice, Mt Gox final deadline, Tencent NFT app nixed: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments.
South Korea invests another $51M in metaverse tech
South Korea’s plans for metaverse domination are gathering pace. A Mar. 8 document prepared by the Ministry of Science and Information and Communication Technology (ICT), the National IT Industry Promotion Agency, and the Korea Radio Promotion Association, says the three entities will invest a total of 27.7 billion Korean won ($21 million) in metaverse projects across 13 sectors such as healthcare, tourism, and education. One example use case is about telemedicine in the metaverse:
“Establish a virtual counseling space and provide mental health recovery and promotion services through expert psychological counseling, healing contents, and community activities.”
The same day, South Korea‘s Ministry of Science and ICT also announced the creation of a 40 billion Korean won ($30 million) metaverse fund to be operated by local investment management companies. It cited the need to incubate domestic metaverse-related companies to become big enough to compete with global companies through the expansion of business areas and scale.
The South Korean government is betting big on the development of VR (Korean Tourism Organization)Mt. Gox’s final deadline for claims
On Mar. 9, trustees of bankrupt Japanese cryptocurrency exchange Mt. Gox announced that creditors have until Apr. 6, 2023, to complete registration to receive repayment. The biggest Bitcoin exchange in the world at the time, Mt. Gox filed for bankruptcy in 2014 after discovering that 850,000 of the exchange’s Bitcoins had been stolen via discreet hacks and siphoning over a number of years. The exchange has since recovered around 200,000 BTC. The funds have been held in trust for the creditors, with 162,106 BTC ($3.49 billion) sitting in wallet addresses tracked by Token Unlock.
Thailand’s $1B crypto sacrifice, Mt Gox final deadline, Tencent NFT app nixed: Asia Express
South Korea is throwing another $51 million at the metaverse, Mt. Gox saga is drawing to a close, Canaan BTC miner sales revenue plunges 60%.
Thailand’s $1B crypto sacrifice, Mt Gox final deadline, Tencent NFT app nixed: Asia Express
South Korea is throwing another $51 million at the metaverse, Mt. Gox saga is drawing to a close, Canaan BTC miner sales revenue plunges 60%.