Day: March 29, 2023

Web3 Gamer – Cointelegraph Magazine

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Shrapnel: The game at GDC everyone’s talking about As the annual Game Developers Conference in San Francisco came to a close last week, there was one game that stood out from the rest. Shrapnel, a highly anticipated first-person shooter in the Web3 space, was the talk of the conference thanks to its stunning graphics and immersive gameplay.  Select invitees got a first look at Shrapnel at GDC. (Shrapnel/Twitter) Select visitors were treated to a hands-on experience with the pre-alpha version of the game. Set in the year 2044, Shrapnel takes…

FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense – Bitcoin News

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According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading firm Alameda Research to his father. Sources Claim SBF’s Legal Defense Is Paid for by Alameda Loot After the latest revised indictment charges against Sam Bankman-Fried (SBF), Forbes reports that funds tied to Alameda Research may be paying for SBF’s…

Ethereum’s Shanghai Hard Fork Is Nearing, But When Can I Withdraw My Staked Ether (ETH)?

Full withdrawals, on the other hand, are when you remove the entire balance, including the 32 ETH, from the blockchain. This means that your validator will stop participating in the block validation process. Full withdrawals won’t happen automatically because the validator needs to send a message to the blockchain to add itself to the exit queue. This takes time and will be released gradually. Source ETHEtherEthereumsForkHardNearingShanghaiStakedWithdraw CryptoX Portal

FDIC plans to return $4B in Signature crypto deposits ‘by early next week’ — Martin Gruenberg

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Martin Gruenberg, chair of the United States Federal Deposit Insurance Corporation, has said the FDIC plans to return roughly $4 billion in deposits connected to Signature Bank’s digital asset banking business by early April. In a March 29 hearing of the U.S. House Financial Services Committee exploring federal regulators’ responses to recent bank failures, Gruenberg said the deposits that were not included in the bid from a New York Community Bancorp subsidiary for Signature would be returned “by early next week” — roughly $4 billion tied to digital assets. Reports…

Anti-TikTok RESTRICT Act could be turned against crypto and much else, think tank warns

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The RESTRICT Act, a bipartisan bill introduced earlier this month into the United States Senate, could be applied in broad and unexpected ways, including to threaten crypto, should it become law, think tank Coin Center warned in its blog.  The bill, formally known as the ‘‘Restricting the Emergence of Security Threats that Risk Information and Communications Technology Act,’’ and informally as the TikTok ban, has been introduced amid suspicions that the Chinese-owned TikTok app gathers user data on behalf of the Chinese government. The Act gives the Commerce Department new…

Optimism reigned at Paris Blockchain Week

Expectations for Paris Blockchain Week were relatively low considering the downbeat market conditions. However, Paris can always surprise you. Indeed, conference halls at the event were not nearly as empty or depressing as Consensus after the big crypto meltdown of 2018. People were present, and conversations were fruitful. (And yes, the croissants were, as always, delicious.) In 2022, the conference was held symbolically in Palais Brongniart, a building known for hosting the historical Paris Stock Exchange until 1987. This time, organizers managed to outsoar themselves and held the event right…