Late Wednesday night, one Ordinal Punk NFT, minted on the Bitcoin native Ordinals Protocol, sold for 9.5 BTC, about $214,000. Original
Bitcoin Punks: Ordinal NFT Collection Soars in Value
Day: February 9, 2023
Judge extends Sam Bankman-Fried’s bail restrictions on messaging apps: Report
A federal judge has reportedly denied oral arguments proposing former FTX CEO Sam Bankman-Fried be allowed to use certain messaging apps. According to a Feb. 9 Reuters report, Judge Lewis Kaplan of the United States District Court for the Southern District of New York upheld his ruling that Bankman-Fried be restricted from using encrypted messaging apps as a condition of his release on a $250-million bond. The judge ordered SBF not to communicate using apps such as Signal on Feb. 1, but the former CEO’s legal team and prosecutors had…
SPS discusses challenges of building GameFi amid crypto winter
Amidst a drastic decline in coin prices, shifting player behavior, and hard-to-maintain tokenomics, it’s been a difficult year for many GameFi developers. While more established franchises, such as Axie Infinity, have held ground, other lesser-known projects like Elexir have mostly pulled the plug, with a lack of viable game designs being unable to compensate for the “Fi” element in GameFi. That said, one project which, despite running into all challenges, experienced by its peers, appears to have gained traction anyway. In early February, blockchain multiplayer online battle arena (MOBA) game…
LBank Secures Virtual Asset Provider Registration to Operate in Italy – Press release Bitcoin News
press release PRESS RELEASE. Global crypto exchange LBank has registered as a Virtual Asset Provider with Italian regulator Organismo degli Agenti e dei Mediatori (OAM). The regulatory approval allows the exchange to offer a range of services and products to Italian users. On the 1st of February 2023, LBank completed its registration with the OAM as a Virtual Asset Provider, as required by Italian legislation on crypto assets. The global crypto exchange with over 9 million users will now be able to offer services and products to Italian traders. The…
Three Arrows Capital Founders Launch Exchange Where You Can Trade 3AC Bankruptcy Claims
Noting a $20 billion market of claimants “desperately searching” for resolution to money lost at bankrupt crypto firms like FTX, Voyager, Celsius, Genesis, BlockFi, Mt. Gox and 3AC, Open Exchange promises the ability to monetize claims by providing a marketplace for their trading. Source
Could a New Digital Pound, or a Central Bank Digital Currency (CBDC) be a Feat or a Failure for Citizens? – Blockchain News, Opinion, TV and Jobs
The Treasury and the Bank of England are consulting on a potential digital pound, or central bank digital currency (CBDC). The consultation is being launched because both HM Treasury and the Bank want to ensure that, in the future, the public will have access to ‘safe money’ that is convenient to use. People’s everyday lives are becoming more digital, and the new digital coin could also support private sector innovation. The digital pound would be issued by the Bank of England and could be used by households and businesses for…
Sam Bankman-Fried’s Lawyers Propose Installing Monitoring Software on His Phone
Issues with Bankman-Fried’s bail conditions became public on Jan. 27, when prosecutors submitted a letter to the court urging Kaplan to amend Bankman-Fried’s bail conditions to prohibit him from attempting to contact any former or current employees of Alameda Research or FTX, as well as using Signal or other ephemeral messaging applications. Source
Coinbase CEO Brian Armstrong Expresses Concern Over Rumors of SEC Ban on Crypto Staking for Retail Customers – Regulation Bitcoin News
Brian Armstrong, CEO of Coinbase, expressed concern about rumors that the U.S. Securities and Exchange Commission (SEC) may eliminate cryptocurrency staking for retail customers in the United States. Armstrong insisted that “staking is not a security” and that the trend allows users to “participate directly in running open crypto networks.” Coinbase CEO Vocalizes Worry Over US Stifling Crypto Staking and Innovation Coinbase CEO Brian Armstrong said he has heard rumors that the U.S. Securities and Exchange Commission (SEC) plans to eliminate cryptocurrency staking for retail customers in the U.S. Armstrong…
Decentralized Finance Protocol MakerDAO Integrates Blockchain Data Provider Chainlink to Maintain DAI Stablecoin Stability
“The advancement of the technology backing stablecoins is a necessary component to unlock the future of finance,” said Johann Eid, vice president of Go-To-Market at Chainlink Labs, the developer firm behind Chainlink. “As more and more traditional financial institutions partner with MakerDAO and assess the applicability of DeFi, the required underlying infrastructure becomes increasingly complex,” he said about the integration. Source
Why are artificial intelligence tokens going parabolic? Watch Market Talks live
In this week’s episode of Market Talks, Cointelegraph welcomes Average Joe’s Crypto, a research analyst and writer. He authors his own blog, which focuses on all things crypto, Web3 and decentralized finance (DeFi). Without wasting any time, we jump straight into why artificial intelligence (AI) tokens have been going parabolic recently. Why have tokens that use artificial intelligence in some way been having their moment in the sun, and is this a trend that will continue into the future or is it just a passing fad? There have recently been…