November 23, 2022

Lawmakers want the ex-leadership of FTX to be held fully responsible

•US Senators Elizabeth Warren and Sheldon Whitehouse have called on the Justice Department to investigate the collapse of FTX. • The lawmakers cited the impact the collapse of a major...
Read More

Despite FTX There Are Still Positive Signs for the Future of NFTs

•Nickel Digital, Metaplex, and other NFT protocols are still feeling the indirect effects of the FTX collapse, which has led to layoffs within these companies. • Despite the FTX debacle,...
Read More

Recent Aave Exploit Attempt Shows Once Again The Vulnerabilities of Decentralized Finance

•On Nov. 23, one day after Mango Markets exploiter Avraham Eisenberg attempted to use a series of sophisticated short sales to exploit decentralized finance protocol Aave, project contributors put forth...
Read More

Why Every Crypto Exchange Needs a Proof of Reserves Page

•Crypto exchange OKX has released a Proof of Reserves page that allows users to audit its reserves to make sure it is solvent. • The page offers two different options...
Read More

Bank of Japan to Decide on Digital Currency by 2026

•The Bank of Japan is planning to make a decision on whether to issue a digital currency by 2026. • The Japanese central bank has started a collaboration with three...
Read More

New York State Implements Moratorium On New Fossil Fuel-Powered Cryptocurrency Mining Operations

•New York has instated a temporary moratorium on new fossil fuel-powered cryptocurrency mining operations, signing a two-year moratorium on new permits for proof-of-work (PoW) cryptocurrency mining operators that rely on...
Read More

The Future of Engaging with Consumers: Tropee’s User Experience Platform

•European web3 firm Tioga Capital led a $5.1 million (€5 million) seed investment in NFT utility platform Tropee. • Crypto founders such as The Sandbox’s Sébastien Borget, Exclusible’s Thibault Launay,...
Read More