Genesis Capital’s fall might transform crypto lending — not bury it
TradFi firms with expertise in risk management may soon “fill the void” left by bankrupt crypto lenders, a Duke finance professor predicts. Go to Source Powered by WPeMatico
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Where Are the Crypto OGs? — Taxation Is Theft, but Joe Biden Needs Ice Cream Money
Bitcoin was once viewed as a means to opt out of violent, legacy financial systems. Now, it is being co-opted by the very same, and zealous newcomers to crypto think that’s a good thing, while still giving lip service to peer-to-peer values. Ignoring the problems with fiat money, they beg political interests and bad actors … Read more
Crypto Regulation Is Like a Flimsy Umbrella in a Monsoon
You know what they say, “when life gives you lemons, make lemonade.” But when it comes to protecting your crypto funds on centralized exchanges (CEXes), the old adage should be “when life gives you regulations, make a self-custody wallet.” Self-custody is undoubtedly a better solution for protecting the interests of customers in crypto. Regulation alone … Read more
Surojit Chatterjee to retain 249,315 shares of Coinbase stock after departing company
The former chief product officer will receive a healthy severance package, as he departs from his previous role at the exchange. Go to Source Powered by WPeMatico
UK gov’t is hiring a central bank digital currency lead for Treasury team
The team lead will determine the “strategic direction” for Treasury’s efforts to develop a digital pound in line with the U.K. government’s agenda. Go to Source Powered by WPeMatico
Metaverse not the endgame, but ‘ongoing digital transformation’: Davos 2023
Leaders in the Web3 space came together at the World Economic Forum in Davos to discuss first outputs from the “Defining and Building the Metaverse” initiative. Go to Source Powered by WPeMatico
Seoul government opens city’s metaverse project to public
According to Seoul Mayor Oh Se-hoon, the virtual environment will allow residents to access official documents, file complaints, and receive answers to questions on filing taxes. Go to Source Powered by WPeMatico
Crypto lender Nexo wants to sue Bulgaria after office raids
Nexo platform has reportedly experienced massive outflows amid the news on office raids and an ongoing investigation against the firm. Go to Source Powered by WPeMatico
US House Republicans plan to establish crypto-focused subcommittee: Report
Representatives French Hill and Warren Davidson will reportedly be the chair and vice chair of the subcommittee, respectively, focused on issues related to crypto. Go to Source Powered by WPeMatico
Crypto Community unimpressed by SBF’s lengthy substack letter
In the letter, SBF denied stealing funds and stashing billions of dollars away. Go to Source Powered by WPeMatico