Bankruptcy Lawyers Say FTX Was Operated by ‘Inexperienced and Unsophisticated Individuals’

Bankruptcy Lawyers Say FTX Was Operated by 'Inexperienced and Unsophisticated Individuals'On Tuesday, the attorneys representing FTX told the court that a “substantial amount of assets have either been stolen or are missing” and further stressed to the bankruptcy court that FTX executives left the lawyers James Bromley and Sullivan Cromwell with limited information. Bromley further likened the former FTX CEO Sam Bankman-Fried’s (SBF) crypto empire […]

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Blockchain Groups From Major Universities Are Powerful Voters in Defi Governance Protocols

Blockchain Groups From Major Universities Are Powerful Voters in Defi Governance ProtocolsData shows a number of groups from major universities are participating in decentralized finance (defi) governance. For instance, out of 15 of the largest voters in Uniswap’s last governance proposal, six of the major voters were tied to universities like Harvard, Berkeley, Stanford, Penn, Michigan, MIT, and Columbia University. Blockchain University Groups Identified as Major […]

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Cred Merchant Solutions to Help Unbanked Business Sectors

Cred Merchant Solutions to Help Unbanked Sectors Like California’s Cannabis IndustryCred Merchant Solutions has been unveiled in Emeryville during San Francisco Blockchain Week in an event hosting several California elected officials. The new point-of-sale system will help unbanked business sectors, such as California’s cannabis industry, accept crypto payments from customers and pay taxes. Also Read: Video: Will Bitcoin Crash or Double in Price After the […]

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In the Daily: Elon Musk Talks Bitcoin, Shanghai’s Fudan University, Xdat Exchange

In the Daily: Elon Musk, Shanghai’s Fudan University, Xdat ExchangeIn this edition of The Daily we cover some largely supportive remarks the famous entrepreneur Elon Musk has made about Bitcoin, the latest academic institution to launch a blockchain R&D center, and a new offering from Malta-based exchange Xdat. Also Read: Bank of Spain Report: Bitcoin Is a Solution for a System Without Censorship Elon […]

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The City of Berkeley Will Organize an ICO for Affordable Housing

TheMerkle Berkeley ICO Affordable HousingCryptocurrencies have proven to be an interesting way of transfering value. In a lot of cases, people seemingly take a liking to Bitcoin and a few altcoins. In the city of Berkeley, however, a brand-new cryptocurrency will be introduced and issued. This new currency will mainly be used to fund affordable housing in the area. Berkeley’s ICO is an intriguing Creature It is quite interesting to see how different people and regions respond to the “challenge” of cryptocurrencies. More specifically, this new form of money has certainly introduced a lot of interesting changes, even though not everyone sees the value in

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The City of Berkeley, California Considers Doing Cryptocurrency ICO

The City of Berkeley, California Considers Doing Cryptocurrency ICOThe famed hub of American 1960s radicalism and counterculture, Berkeley, California is at it again. Dormant for a few years, the US presidency of Donald Trump has awoken defiant spirits, as the city challenges administration policy over everything from immigration to taxation. One tool of resistance under consideration is an initial coin offering in creation […]

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