Judges Deny SBF’s Appeal For Early Release
A three-judge panel from the United States Court of Appeals for the Second Circuit denied Sam Bankman-Fried’s (SBF’s) motion for early release, calling the arguments behind the motion for release “unpersuasive.” In an order dated September 21, Circuit Judges John Walker Jr., Denny Chin, and William Nardini denied SBF’s request for early release, which his […]
Galaxy Digital Joins Ripple for Europe Expansion
Galaxy Digital is expanding further into Europe due to a crypto crackdown by U.S. financial regulators and stringent regulatory conditions. In response to Markets in Crypto-Assets (MiCA) bitcoin legislation, Galaxy Digital has engaged Leon Marshall to oversee its European operations. Marshall spent more than four years as Genesis’ managing director and global head of sales […]
Mt. Gox Trustee Extends Repayments Deadline by one Year
Nobuaki Kobayashi, the trustee for Mt. Gox, announced a 12-month extension to the exchange’s planned repayment timetable. The repayment deadlines for the creditors of the defunct Bitcoin exchange Mt. Gox have been extended by one year, according to a letter from Nobuaki Kobayashi, the business’s rehabilitation trustee, dated September 21. Repayments are now anticipated to […]
Busan to Build Urban Blockchain, Digital Asset Exchange
The second-largest city in South Korea, Busan, is starting a bold initiative to transform into a blockchain city. The project’s goal is to combine multiple blockchain-based services from several platforms into a single, integrated platform that will drive the growth of the city. The Busan Digital Asset Exchange Establishment Promotion Plan and Future Schedule Plan […]
Web3 and Blockchain’s Role in Media Integrity and Trust
In this article, we’ll discuss the role that Web3 and blockchain play in fostering media integrity and user trust. The media significantly influences public opinion formulation and societal norms in the modern era. Due to the proliferation of false news, disinformation, and unchecked biases, however, the public’s trust in mainstream media has been eroded. They have […]