November 2022

Telegram Plans to Build Decentralized Crypto Wallets and Exchanges

TL:DR •Following the FTX exchange collapse, Telegram is planning to build decentralized crypto wallets and exchanges. • This will let millions of users safely trade their crypto without having to...
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The SEC’s Transgressions Against LBRY and the Implications for the Cryptocurrency Industry

•LBRY Inc. will likely be dead in the near future, but the company’s mission will continue on, according to a Twitter update. • The U.S. Securities and Exchange Commission (SEC)...
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LedgerX to Transfer $175 Million in Cryptocurrency to Parent Company Amidst Bankruptcy Proceedings

•FTX-owned derivatives trading platform LedgerX is reportedly preparing $175 million to be used in its parent firm’s bankruptcy proceedings. • The platform, which operated as a subsidiary of FTX.US, provided...
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Brazil just legalized cryptocurrency — what does this mean?

•Brazil has passed a law legalizing cryptocurrencies as means of payment throughout the country, giving a regulatory boost to the adoption of digital currencies and the expansion of the ecosystem....
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Coinbase Dropping Support For Multiple Crypto Assets.

Bitcoin Cash, XRP, Stellar Lumens, and Ethereum Classic on the chopping board. •Coinbase is dropping support for Bitcoin Cash, XRP, Stellar Lumens, and Ethereum Classic after reporting a major decline in...
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Binance to Re-Enter Japanese Market Via Acquisition

•Binance plans to reenter the Japanese market after acquiring a 100% stake in a licensed crypto service provider in the country. • The acquisition of Sakura Exchange BitCoin (SEBC), a...
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Sam Bankman-Fried still receiving scrutiny

It turns out politically SBF was playing both sides Sam Bankman-Fried, former CEO of FTX, is a self-proclaimed effective altruist and major donor to the campaign of now-President Joe Biden....
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 BlockFi Files for Bankruptcy After Struggling to Stay Afloat in the Wake of FTX’s Implosion

TL:DR •BlockFi reveals that FTX and Alameda Research owe it more than $1 billion—$671 million on a now-defaulted loan to Alameda and $355 million in funds frozen on the company’s...
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What is GameFi? A Comprehensive Beginner’s Guide

•GameFi is the intersection of gaming and finance in an environment driven by the use of blockchain, non-fungible tokens (NFTs), and smart contracts. • It is often cited at the...
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From Winter to Spring: How Virtual Reality Made a Comeback

New uses of the technology have brought interest in VR back •Louis Rosenberg founded the VR start-up Immersion Corporation in the early nineties. • Years of research in VR labs at...
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