Business

Lending firm MyConstant breaches securities law, ordered to stop offering digital asset products
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23 December, 2022

Lending firm MyConstant breaches securities law, ordered to stop offering digital asset products

Despite being flagged for unlicensed loan brokering, MyConstant says it will continue to offer some of its services to investors,...
Sam Bankman-Fried out of jail on $250M bail… sort of
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23 December, 2022

Sam Bankman-Fried out of jail on $250M bail… sort of

Just a day after his extradition from the Bahamas to New York City, FTX CEO Sam Bankman-Fried was freed on...
Craig Wright’s appeal against Hodlonaut given permission to go ahead in Norway
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23 December, 2022

Craig Wright’s appeal against Hodlonaut given permission to go ahead in Norway

Magnus "Hodlonaut" Granath and Dr. Craig S. Wright are set to have a rematch of their September 2022 trial in...
Paxful boots ‘not decentralized’ Ethereum because integrity trumps revenue
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23 December, 2022

Paxful boots ‘not decentralized’ Ethereum because integrity trumps revenue

Paxful CEO Ray Youssef announces Ethereum's banishment from the digital asset trading platform, noting that the system's tokens were nothing...
BIS wants banks digital asset exposure limited to 2% by 2025
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23 December, 2022

BIS wants banks digital asset exposure limited to 2% by 2025

The BIS wants central banks to set the standard for commercial banks’ involvement with stablecoins, tokenized assets, and “unbacked digital...
Asset tokenization needs a global public blockchain as a universal registration system
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23 December, 2022

Asset tokenization needs a global public blockchain as a universal registration system

An asset will only gain effective physicality if the underlying blockchain has unbounded scalability, is compatible with IPv6, is universal,...
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