In the latest Crypto Stories episode by Cointelegraph, Aaron and Austin Arnold share their journey of creating ‘Altcoin Daily,’ a crypto content platform that has amassed millions of subscribers across various platforms. Earlier in life, Aaron spent his childhood dreaming of becoming a veterinarian, and then an actor, and then a filmmaker. Dreams of breaking into the filmmaking industry led the brothers to Los Angeles, where they struggled to get into entertainment. While struggling, Aaron spent many sleepless nights contemplating purpose and how he could help make a difference in…
Day: February 17, 2023
Former FTX Executive Nishad Singh Planning to Plead Guilty to Fraud: Bloomberg
Singh, 27, is a graduate of the University of California at Berkeley, where he met his longtime girlfriend, Claire Watanabe, who would later join FTX as its head of marketing and HR. The pair resided in the luxurious Bahamas penthouse with Bankman-Fried, Ellison, Wang and a goldendoodle dog. Source
Bank of Russia to Pilot CBDC in April
Digital ruble payments will be launched for retail purchases and peer-to-peer transactions, a central bank official said. Source
Colombian Court Holds Hearing in the Metaverse – Metaverse Bitcoin News
Colombian courts held one of the first judicial hearings using metaverse tech. María Victoria Quiñones Triana, the magistrate of the Magdalena court, approved the realization of this hearing, using Horizon Worlds technology provided by Meta and virtual avatars to represent participants in the process. Colombian Court Holds Metaversal Judicial Hearings A Colombian court has ostensibly made history by holding one of the first judicial processes of the country in the metaverse. The hearing, held on Feb. 15 and promoted by María Victoria Quiñones Triana, magistrate of the Magdalena court, used…
CZ denies report Binance is considering major breakup with US business partners
Binance CEO Changpeng Zhao has denied a report that the company is considering cutting ties with United States business partners. Binance has been the object of increasing scrutiny from U.S. regulators in recent weeks. Bloomberg reported on Feb. 17 that Binance Holdings “is looking at whether to sever ties with intermediary firms such as banks and services firms and is reassessing venture-capital investments in the US,” citing an unnamed source. The source added that tokens from U.S.-based projects, such as Circle’s USD Coin (USDC), may be delisted. On the same day,…
Sam Bankman-Fried’s Secret Use of the Internet While on Bail Could Land Him in Jail – Blockchain News, Opinion, TV and Jobs
On Thursday, Feb. 16th, FTX founder Sam Bankman-Fried had to return to the Manhattan federal court in New York for the second time in two weeks, to explain in court why he keeps making illegal use of the internet while on bail. Bankman-Fried is currently living at his parent’s home in Palo Alto, California, while awaiting and preparing for his upcoming trial in October. Bankman-Fried’s illegal digital behaviour might now affect his bail as the government doesn’t seem to have been able to monitor his every online move. A federal…
Bitcoin Ordinals Can Lift the Entire Crypto Ecosystem
Over time, I see a situation emerging in which Bitcoin functions as a kind of uber-anchor for everything. Its role will be to be a kind of ultimate “layer 0” record of truth. Meanwhile, Ethereum and other smart contract platforms could take on higher-level functionality, with each specializing in different types of transactions and data-processing that the rather clunky, limited-function Bitcoin blockchain is not built to perform. It will need greater cross-chain operability, but there are plenty of people working on that. Original Source BitcoinCryptoEcosystemEntireliftOrdinals CryptoX Portal
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JPMorgan Cuts Coinbase Price Target Due to Regulatory Risks
CryptoX – Cryptocurrency Analysis and News Portal Analysts at J.P. Morgan cut their price target for Coinbase (COIN) stock from $60 to $52 for the year ending in December, a report from the bank on Friday showed. Source The post JPMorgan Cuts Coinbase Price Target Due to Regulatory Risks appeared first on CryptoX. CryptoX Portal
US Congress Needs to ‘Step Up’ Its Crypto Regulatory Efforts
“In every other country in the world … there’s one market regulator,” Shirzad said. “They provide ground rules around what kind of investor protections [and] market integrity rules you need, and the crypto ecosystem can operate under those rules,” he said, giving crypto companies the ability to “to innovate, grow, develop, [and] provide products that customers want, while ensuring customers get the protections and disclosures that they need.” Source