July 2023 - Page 5 of 11 -

FTX Didn’t Only Defraud Customers; Ellison Was Underpaid Amid Lack of Support: NYT

Jul 20, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

As the court date for the long-awaited FTX case approaches, personal documents from one of its key executives, Caroline Ellison — former CEO of Alameda Research — reveal a typical backstory of leadership struggles and complicated personal affairs — with a twist of sexist compensations. These internal conflicts have emerged by the New York Times […]

SEC Chair Gensler Calls Crypto ‘Wild West’ While Asking for More Money

Jul 20, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

In an effort to grapple with the new frontier cryptocurrency markets, U.S. Securities and Exchange Commission (SEC) Chairm Gary Gensler has called for a budgetary increase for the agency. He cited the need for enhanced vigilance against potential non-compliance in this emerging sector in a speech on July 19: “We’ve seen the Wild West of […]

Neopets Abandons NFT Game Plans After Raising $4M

Jul 20, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

Neopets — the beloved and longstanding virtual pet franchise — has called off its metaverse and NFT gaming venture after securing over $4 million in funding from Avalanche and Polygon in January 2023. At the time of cancellation, the game had already managed to sell over 9,000 Solana NFTs and secured a $4 million investment […]

Solana Outages Gone? Network Boasts 100% Uptime in Q2

Jul 20, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

Despite its past of unreliability, a Q2 2023 Solana Network maintained an 100% uptime in Q2 2023, according to the Solana Foundation’s Network Performance Report, representing one of many enhancements made to Solana’s network infrastructure and performance during the first half of the year. The network, managed by an extensive, independent group of validators worldwide, […]

Terraform Labs Names Former COO Chris Amani as CEO: WSJ

Jul 20, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

Terraform Labs, the blockchain company which collapsed in May 2022, has been appointment of former chief operating officer (COO) Chris Amani as its new interim Chief Executive Officer (CEO), according to the Wall Street Journal. This leadership reshuffling comes as the company’s co-founder, Do Kwon, grapples with fraud convicion in Montenegro, as well as threat […]

Polygon Labs Charts Course for Decentralized Governance

Jul 20, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

In a bid to redefine the governance of its blockchain network, Polygon Labs is advancing its governance mechanism with the proposed Polygon 2.0 upgrade, an announcement read. As revealed on July 19, this innovative roadmap intends to cover all blockchains and applications within the Polygon ecosystem, presenting a three-tier system to govern its operations. 1/ […]

Crypto.com Puts Luxury on Your Finger with Bäumer Vendôme NFT Collection

Jul 19, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

Bäumer Vendôme, a well-established name in high jewelry with three decades of crafting exceptional pieces, has pioneered a unique NFT collection based on Crypto.com’s NFT platform. The Maison has revealed an exclusive collection of NFTs that mix traditional jewelry craftsmanship with blockchain technology. 💎Bäumer Vendôme has launched a first-of-its-kind NFT and physical jewelry collection, which […]

Nasdaq Scraps Crypto Custody Plans Amid US Regulatory Issues

Jul 19, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

Nasdaq has abandoned its anticipated crypto custody service, a move prompted by the ever-evolving U.S. regulatory climate, according to the firm’s CEO, Adena Friedman. This strategic decision, which marks a significant setback to the institutional adoption of cryptocurrencies in the U.S., was disclosed in an earnings call on Wednesday: “This quarter, considering the shifting business […]

Ethereum’s Solidity Developers Have Bridge to Solana via Solang

Jul 19, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

Solana Labs, known for its high-speed, low-cost blockchain platform, has unveiled a new compiler, Solang, in an effort to bridge the gap between Ethereum developers and the Solana ecosystem, Solana published on July 19. 1/ 🎉Introducing Solang: Building on Solana with Solidity Today, @solanalabs announces Solang, a compiler enabling developers to write smart contracts on […]

SOL Staking Service by Marinade Finance Now Live

Jul 19, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

Marinade Finance, the project with the highest total value locked (TVL) in the Solana ecosystem, has introduced its first-ever native staking service, Marinade Native. Welcome Marinade Native! Turn your SOL staking on autopilot: Automatic stake delegation to 150+ best-performing validators– no smart contract exposure– 0% deposit fee (limited time only)– 0% performance/withdrawal fee (forever) 🧵 […]