David Bowie unreleased record debuts as music NFT
Gala Music, a Web3 startup subsidiary, is launching 3,003 NFTs with an unreleased David Bowie “Let’s Dance” version on April 14th, with profits going to charity. Go to Source Powered by WPeMatico
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P2P Bitcoin Exchange Paxful Suspends Marketplace With Uncertainty of Return
According to a message from Paxful Founder and CEO, Ray Youssef, the peer-to-peer bitcoin trading platform is suspending its marketplace, and the company is uncertain if it will return. Youssef cited challenges such as regulations and some key staff departures, but he also noted that he could not share the full story at this time. … Read more
Crypto donations amplify speed and global reach during crisis
Cryptocurrencies are proving useful in facilitating fast and unencumbered donations during crises, as recently seen during earthquake relief efforts in Turkey and Syria. Go to Source Powered by WPeMatico
Charity tied to former FTX exec made $150M from insider trading: Report
The former FTX chief of staff reportedly ‘donated’ FTT tokens he had obtained at a price of $0.05, later selling them after public trading opened for $1. Go to Source Powered by WPeMatico
The Web3 community responds to Turkish-Syrian earthquake tragedy
In the aftermath of a deadly 7.8 magnitude earthquake in southeastern Turkey, the Web3 community has come together to raise awareness and aid for victims of the disaster. Go to Source Powered by WPeMatico
FTX Debtors Demand Return of Funds Given to US Politicians and Super PACs
FTX debtors are seeking to claw back millions of dollars given to U.S. political action committees (PACs) and political figures. Confidential letters have been sent to individuals and organizations, requesting the return of the funds by Feb. 28, 2023. Some bureaucrats, such as Democratic Senators Joe Manchin and Tina Smith, have already pledged the funds … Read more
UK regulator investigates charity linked to FTX
The Charity Commission opened the inquiry on Dec. 19, after FTX had filed for bankruptcy in the United States and former CEO Sam Bankman-Fried was arrested. Go to Source Powered by WPeMatico
Ukrainian Steals Bitcoin From Russian Darknet Market, Donates to Charity
A Ukrainian living in the U.S. has reportedly hacked a major drug market on the Russian dark web, diverting some of its crypto proceeds. The man says he donated the digital cash stolen from the illicit website to an organization delivering humanitarian aid across his war-torn homeland. Wisconsin Resident With Ukrainian Roots Hacks Russian Dark … Read more
Who has returned donations or contributions from FTX amid the firm’s reputational risks?
Politicians and news organizations have reportedly planned to return roughly $6.6 million in donations from FTX — a mere fraction of the crypto exchange’s estimated contributions. Go to Source Powered by WPeMatico
Stellar partners with UNHCR to give Ukrainian refugees cash via USDC
One new project attempts to help bankless Ukrainian refugees, while another hopes to streamline international Red Cross projects. Go to Source Powered by WPeMatico