Month: July 2023

Binance, Huobi, Bybit and OKX Listed Worldcoin’s WLD Token, Which has Spiked Over 20%

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FTX’s Bankman-Fried seeks gag order for all witnesses in criminal case

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Former FTX CEO Sam Bankman-Fried has agreed to a “gag order” which will prevent him from making comments to third parties that may interfere with his trial — but argues it should apply to all potential witnesses as well, including current FTX CEO John Ray. The gag order against Sam Bankman-Fried was initially requested on July 20, when the U.S. government accused the FTX founder of attempting to interfere with a fair trial by publicly discrediting former business partner and witness Caroline Ellison in an interview with the  New York…

Sam Altman’s Worldcoin Set to Launch Mainnet, WLD Token

“In the age of AI, the need for proof of personhood is no longer a topic of serious debate; instead, the critical question is whether or not the proof of personhood solutions we have can be privacy-first, decentralized, and maximally inclusive,” Worldcoin co-founder Alex Blania said in a press release. Source

Crypto lender Delio warns normal operations in jeopardy after asset seizures

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South Korean crypto lending firm Delio has reportedly raised concerns over whether it can continue to provide normal services to clients after having its assets seized by a local financial regulator.  In a July 22 blog post translated from Korean, Delio said an ongoing legal battle with depositors and a July 18 search and seizure of the company’s assets, resulted in “all assets owned by customers and the company, as well as other cold wallets and ledgers” being seized by the FSC. Delio explained the recent actions have made it…

Congressman Warren Davidson calls to ban and criminalize CBDCs

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United States Republican Representative Warren Davidson has spoken out against Central Bank Digital Currencies (CBDCs), urging Congress to ban them and criminalize its development. In a July 23 Twitter post, Congressman Davidson accused the Federal Reserve of “building the financial equivalent of the Death Star,” stating that CBDCs corrupts money into a tool for coercion and control, adding:  “Congress must swiftly ban then criminalize any effort to design, build, develop, test or establish a CBDC.” Davidson’s comments came in response to a position advertised by San Francisco’s Federal Reserve Bank…

Elon Musk to rebrand Twitter to X, but Crypto Twitter has other ideas

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Twitter users, along with the avid crypto community, may soon see a very different version of the social media app — which is set to ditch its iconic blue bird logo for an “X” as part of a major rebrand. Crypto Twitter hasn’t been particularly thrilled with some of the changes, however. In a series of tweets on July 23, Musk hinted that the platform will be rebranded to “X” as early as Monday, an early step in its eventual transformation to an “everything app.” The rebrand could involve changing…

‘The SEC created this mess’

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Ripple CEO Brad Garlinghouse has condemned the United States securities regulator over recent comments from its lawyers that hint at a possible appeal to its case against Ripple. In a July 23 tweet, Garlinghouse slammed the regulator for its “regulation by enforcement” approach, arguing it has only served to hurt retail investors. “​​The SEC created this mess by proclaiming it was the cop on the crypto beat when it had no legal jurisdiction,” wrote Garlinghouse in a July 23 tweet. “Where’s that gotten us? Consumers left holding the bag in…