Skybridge joins the crowd that has frozen crypto investors’ funds, although head Anthony Scaramucci says the suspension is a temporary measure with no fear of liquidation. Source …
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FTX CEO: Blockchain can make social media interoperable
Sam Bankman-Fried explained how blockchain can change payments, tokenize shares and make social media interoperable. Source …
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Hyosung America makes Bitcoin purchasing app available to 175,000 ATMs
It will be up to the specific ATM operator to decide whether they want to incorporate the service making it unlikely all 175,000 of Hyosung’s ATMs will actually support BTC buying. Source …
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Why Coinbase is banning slide decks and ‘endless meetings’
Coinbase CEO Brian Armstrong is looking for enhanced efficiency from its internal teams, noting that rapidly growing firms often become complacent and slow. Source …
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CoinFLEX to begin arbitration for $84 million recovery and open limited withdrawals
CoinFLEX is moving quickly to retrieve as much liquidity as it can from a debacle that has left it $84 million short due to a delinquent account held by an unnamed whale. Source …
Binance gets VASP registration for its Spanish subsidiary from the Bank of Spain
Changpeng Zhao, CEO of Binance, said that compliance with regulation is crucial to the broader adoption of crypto. Source …
Sepolia testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’
Merge trials on testnets are essential to allow Ethereum developers and independent project developers to understand what they can expect when the actual Merge takes place. Source …