Cointelegraph’s Rise ‘n’ Crypto: Unveiling the daily Web3 podcast
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FTX, BlockFi claims settlement allowed to proceed, judge declares
A U.S. bankruptcy court judge has ordered the end of an automatic holding placed on claims settlement proceedings between the two bankrupt crypto companies FTX and BlockFi.
Ripple exec reiterates need for tech-neutral crypto regulations
Navin Gupta, managing director of South Asia, Middle East and North Africa (MENA) at Ripple, told Cointelegraph that education and introducing non-speculative use cases can help crypto companies navigate through varying regulations.
Swan Bitcoin to terminate customer accounts that use crypto-mixing services
Swan co-founder Yan Pritzker said the firm is pro-privacy and doesn’t oppose customers’ use of such services, but to work, it has to follow FinCEN regulations.
With $158 million of total capital raised since 2019, Fnality plans to launch the Sterling Fnality Payment System in 2023, subject to approval by the Bank of England.
Google sues scammers over creation of fake Bard AI chatbot
Google has filed a lawsuit against scammers offering a malicious version of its AI chatbot Bard that tricks users into downloading and installing malware on their devices.
Australia to impose capital gains tax on wrapped cryptocurrency tokens
Delivering a major hit to Australian crypto investors, the ATO stated that wrapping or unwrapping tokens — irrespective of their price at the time — will be subject to capital gains tax.
Elon Musk AI project inspired memecoin ‘Grok’ falls 74% on creator scam claim
A memecoin drawing its name from the Grok AI project plummeted after allegations its social media account was recycled from that of a former scam token.
APEC finance ministers to share perspectives on crypto at meeting in San Francisco
U.S. Treasury Secretary Janet Yellen said she is looking forward to hearing from the finance ministers of some of the world’s most crypto-forward countries.
Crypto advocacy group pushes back against proposed IRS rules on brokers
The Blockchain Association claimed the U.S. Treasury overstepped its authority in proposing crypto tax rules difficult or impossible to follow by many in the space.
History tells us we’re in for a strong bull market with a hard landing
Consumer debt is at a record high, a fact that will weigh on the market in 2024. Yet, it's safe to say central banks will keep rewriting the rules to keep the economy at full steam.
Crypto news site The Block shakes off SBF ties with Foresight Ventures deal
The Block bagged a $70 million valuation after it sold a majority stake to a Singapore-based venture capital firm, severing financial ties to scandal-ridden FTX.
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