What are soulbound tokens (SBTs) and how do they work?
Soulbound tokens (SBTs) refer to digital identity tokens that represent the characteristics or reputation of a person or entity.
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Regulations Will Lead To A Two-Tiered Bitcoin Society
FTX is the greatest excuse, whether planned or not, to further control bitcoin on-ramps and take away the possibility of self-custody and true ownership.This is an opinion editorial by Thibaud Marechal, builder of Knox bitcoin custody…
Bitcoin, Ethereum Technical Analysis: ETH Heads Towards $1,200 Breakout on Saturday
Ethereum was once again nearing a breakout of its $1,200 level, as bearish sentiment returned to start the weekend. Following price rebounds on Friday, cryptocurrency markets were back in the red, and are trading 0.68% lower as of writing. Bitcoin…
Data Lake’s Consent-to-Earn: A Revolutionary Model for Data Monetization?
During the last decade or so, data has become a hot topic and often a controversial one. As a result of Big Tech abuses and government-led collection schemes, people’s data is mined continuously and in ever-increasing amounts. Almost all of…
Crypto Exchanges Record Massive Outflow Of Bitcoin, What Does This Indicate?
The growth of Bitcoin and crypto exchanges over the years reflects the industry’s evolution. Exchanges have been the most critical businesses supporting the blockchain and crypto protocols. In addition, the exchanges, led by the top figures…
Bitcoin sees record Stock-to-Flow miss — BTC price model creator brushes off FTX 'blip'
Bitcoin price action since FTX "feels like the world has ended," says Stock-to-Flow creator PlanB.
Amendments to Russia’s Digital Asset Law Aim to Allow Mining, Ban Crypto Exchange and Ads
Russian lawmakers have proposed changes to the current law “On Digital Financial Assets” in order to regulate crypto mining while banning the circulation of cryptocurrencies in the country. The legislation also prohibits the non-targeted…
Binance CEO CZ begins working on Vitalik Buterin's ‘safe CEX’ ideas
While long-term solutions will need the involvement of multisig and social recovery wallets, Buterin pointed out two alternatives for the short-term — custodial and non-custodial exchanges.
This Crypto Venture Capital Loses Almost $1B On FTX, When Will This FTX Fiasco End?
The collapse of the FTX crypto exchange is one of the biggest shocks to hit the industry. The impact of the fall is spreading to different crypto assets and several investors on the exchange. The crypto market has been experiencing massive downward…
Litecoin (LTC) Up 8% In Last 24 Hours, The Biggest Gainer Out Of Top 20 Cryptos
As the market declined last week (and continues to do so), Litecoin was one of the few currencies to increase in value. CoinGecko reports that the price of a single Litecoin is at $63.69 at the moment. The token is up 8% in the last 24 hours…
Report: 950 FTX Users in Taiwan Had Digital Funds Worth $150 Million Held on the Exchange When It Collapsed
At the time of FTX’s collapse, about 950 users in Taiwan had a total of $150 million worth of digital assets stored or held at the crypto exchange, a law firm has reportedly said. FTX users in Taiwan were reportedly investing in…
TRON Total Number Of Accounts Hit Nearly 120 Million, Weekly Report Shows
TRON, the native cryptocurrency of the blockchain network bearing the same name, continues to struggle as it fails to break free from its bearish momentum. According to tracking from Coingecko, the 16th largest cryptocurrency in terms of market…
SBF's lawyers terminate FTX representation due to conflicts of interest
Attorney Martin Flumenbaum believed that Sam Bankman-Fried's "incessant and disruptive tweeting" negatively impacted the reorganization efforts of the lawyers.
Spain for the win? Top 3 fan tokens to watch during the FIFA World Cup
Spain, Portugal and Brazil national teams' fan tokens are experiencing a price boom as the World Cup gets underway.
NYDIG Analyzed The FTX Collapse And Its Implications. What Did We Learn?
It’s time for NYDIG to chip in. The FTX fiasco is the theme of the month in the crypto world, and the show’s just beginning. The NYDIG research team avoids the temptation to summarize the whole saga and goes straight to the implications of the fall…
Crypto Lender Genesis Is On The Chopping Block As Contagion Continues
Genesis needs a $1 billion liquidity injection by Monday and Gemini sees significant bitcoin outflows as fears of insolvency spread throughout the industry. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin…
UK Law Commission Seeks Evidence on DAOs — Expert Says ‘New Legal Forms Are Required’
The United Kingdom Law Commission recently asked experts and users to participate in a ten-week exercise whose objective is to help the commission better understand how decentralized autonomous organizations (DAOs) operate. A blockchain expert says…
Bitcoin scarcity rises as bad exchanges take 1.2M BTC out of circulation
Historical data around crypto crashes revealed that 14 crypto exchanges, together, were responsible for the loss of at least 1,195,000 BTC, representing 6.3% of the 19.2 Bitcoin currently in circulation.
Albanian Court Approves Extradition of Crypto Exchange Thodex Founder to Turkey
A court in Albania has ordered the extradition of the fugitive founder of cryptocurrency exchange Thodex to Turkey, where he is sought for fraud and other crimes. Faruk Ozer was arrested in Albania this summer, after disappearing last year as the…
South Korea seizes $104M from Terra co-founder suspecting unfair profits
The decision to freeze Shin’s asset worth over $104 million was approved by the Seoul Southern District Court, which was based on a request from the prosecutors.
Forget The Federal Reserve, The Market Is Pivoting Anyway
Ontario Teachers’ Pension Fund Writes Down Entire Investment in Bankrupt Crypto Exchange FTX Citing ‘Potential Fraud’
FTX leadership pressed for information by US subcommittee chairman
A letter by the chair of the Subcommittee on Economic and Consumer Policy demanded the former and current FTX CEOs turn over details of the exchange’s past and current financials.
Pension Funds Must Adopt Bitcoin Or Risk Insolvency
The recent U.K. pension fund crisis reveals the only option for such entities: adopting bitcoin as soon as possible.This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry…
Grayscale cites security concerns for withholding on-chain proof of reserves
Grayscale shared a letter from Coinbase Custody attesting that each of Grayscale’s crypto products is fully backed, but stopped short of providing the wallet addresses.
Bahamas Regulator Takes Action to Seize FTX’s Cryptocurrencies to ‘Protect’ Clients and Creditors
Big Four Company KPMG to Examine New Business Models in the Metaverse
Tim Draper Stands By $250,000 Bitcoin Prediction, Here’s Why
Venture capitalist Tim Draper continues to show staunch support for bitcoin even during this time. Draper who has been an evangelist for bitcoin has said multiple times that he expects the digital asset to hit six figures, and once again, he has…
The fall of FTX and Sam Bankman-Fried might be good for crypto
Let's ensure that the companies replacing FTX in the public eye understand what cryptocurrency is about and want to get back to its core values.