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Weekly overview

Dogecoin devs deny rumor of immediate PoS switch following community concern

  • Post author:admin
  • Post published:December 30, 2022
  • Post category:Weekly overview

The denial was made after critics said the team was going to “kill scrypt miners.” The developers of Dogecoin (DOGE) have denied rumors that the network is immediately switching to…

Continue ReadingDogecoin devs deny rumor of immediate PoS switch following community concern

Bank of India report calls for regulatory coordination on crypto market challenges

  • Post author:admin
  • Post published:December 30, 2022
  • Post category:Weekly overview

The RBI’s latest financial stability report accentuated the negative about cryptocurrency and reminds the world that India is looking for global action on crypto regulation. The Reserve Bank of India…

Continue ReadingBank of India report calls for regulatory coordination on crypto market challenges

Prosecutors unlikely to offer Sam Bankman-Fried a favorable plea deal, says lawyer

  • Post author:admin
  • Post published:December 30, 2022
  • Post category:Weekly overview

Former FTX CEO may not be able to offset the two counts of wire fraud and six counts of conspiracy he faces with the credits by entering a guilty plea.…

Continue ReadingProsecutors unlikely to offer Sam Bankman-Fried a favorable plea deal, says lawyer

FTX’s Liquid exchange hopes to return customer assets next year

  • Post author:admin
  • Post published:December 30, 2022
  • Post category:Weekly overview

The exchange said it intends to outline further details in a report next month. The FTX-owned Japanese crypto exchange Liquid has announced plans to begin the process of returning customer…

Continue ReadingFTX’s Liquid exchange hopes to return customer assets next year

Over 1,400 Chinese firms operating in blockchain industry, national whitepaper shows

  • Post author:admin
  • Post published:December 30, 2022
  • Post category:Weekly overview

Despite partial crypto bans, the Chinese government has included blockchain technology in official state development policy. On Dec 29, the state-owned China Academy for Information and Communications Technology, or CAICT,…

Continue ReadingOver 1,400 Chinese firms operating in blockchain industry, national whitepaper shows

Chinese Communist Party official pleads guilty to helping Bitcoin miners

  • Post author:admin
  • Post published:December 30, 2022
  • Post category:Weekly overview

Xiao Yi, Communist Party secretary of the City of Fuzhou, financially aided Bitcoin miners between 2017 and 2021. According to a report published by state-owned daily news program Xinwen Lianbo…

Continue ReadingChinese Communist Party official pleads guilty to helping Bitcoin miners

An overview of the metaverse in 2022

  • Post author:admin
  • Post published:December 30, 2022
  • Post category:Weekly overview

Metaverse adoption has slowed down in 2022, but investors’ and developers’ enthusiasm remains. Here’s an overview of the tech’s last 12 months. Recognized as one of the most turbulent years…

Continue ReadingAn overview of the metaverse in 2022
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