Meta ‘powering through’ with Metaverse plans despite doubts — Zuckerberg
Meta CEO Mark Zuckerberg is still hopeful about the company’s Metaverse plans regardless of the billions of dollars it’s sucking up from the company, claiming “someone has to build that.” Appearing remotely for an interview at the Nov. 30 DealBook Summit in New York, Zuckerberg was asked his thoughts on whether the tech giants’ Metaverse […]
Sam Bankman-Fried confronted over the fall of FTX in live interview By Cointelegraph
Sam Bankman-Fried confronted over the fall of FTX in live interview Former FTX CEO Sam Bankman-Fried has made his first live public appearance since the collapse of FTX — answering a number of questions during the DealBook Summit in New York on Nov. 3 The hour-long interview was conducted on stage by New York Times […]
EmpiresX ‘head trader’ to face 4 years of prison over $100M crypto ‘Ponzi’ By Cointelegraph
EmpiresX ‘head trader’ to face 4 years of prison over $100M crypto ‘Ponzi’ One of the leading figures convicted of being behind the $100 million crypto “Ponzi” scheme, EmpiresX, has just been handed an over four-year jail sentence by a United States court. The sentencing was handed to Joshua David Nicholas, the “head trader” of […]
Porsche 911 NFTs, BMW files Web3 trademarks, Baby Shark’s NFT game and more… By Cointelegraph
Nifty News: Porsche 911 NFTs, BMW files Web3 trademarks, Baby Shark’s NFT game and more… Porsche to launch 7,500 NFTs for use in a ‘virtual world’ German luxury car manufacturer Porsche has suggested it will be significantly ramping up its Web3 efforts after unveiling an upcoming NFT project consisting of 7,500 customizable tokenized vehicles. In […]
Digital identity platform integrates with zkSync for on-chain KYC By Cointelegraph
Digital identity platform integrates with zkSync for on-chain KYC RNS, a digital Web3 identity platform developed to support the application and issuance of sovereignty-backed IDs, announced on Nov. 30 that it is integrating with zkSync for on-chain Know Your Customer. RNS. indicated in a release shared with Cointelegraph that its on-chain KYC solution is designed […]
U.S. CFTC chair to be questioned over FTX collapse by lawmakers By Reuters
2/2 © Reuters. FILE PHOTO: Rostin Behnam testifies before a Senate Agriculture, Nutrition, and Forestry Committee hearing on his nomination to be chairman of the Commodity Futures Trading Commission (CFTC) on Capitol Hill in Washington, U.S., October 27, 2021. REUTERS/E 2/2 By Hannah Lang (Reuters) – A leading U.S. financial regulator is set to be […]
Meta ‘powering through’ with Metaverse plans despite doubts — Zuckerberg By Cointelegraph
Meta ‘powering through’ with Metaverse plans despite doubts — Zuckerberg Meta CEO Mark Zuckerberg is still hopeful about the company’s Metaverse plans regardless of the billions of dollars it’s sucking up from the company, claiming “someone has to build that.” Appearing remotely for an interview at the Nov. 30 DealBook Summit in New York, Zuckerberg […]
Italy Announces Capital Gains Tax on Cryptocurrencies in 2023 Budget By CoinEdition
Italy Announces Capital Gains Tax on Cryptocurrencies in 2023 Budget Italy plans to implement 26% capital gains on Crypto profits. Regulators aim to encourage crypto asset reporting. The move follows Portugal’s implementation of a similar tax slab on crypto. Reports indicate that beginning in 2023, Italy intends to impose a capital gains tax on digital […]
CFTC Chair Talks About the Digital Commodities; Tweets Saylor By CoinEdition
CFTC Chair Talks About the Digital Commodities; Tweets Saylor Michael Saylor tweeted about Behnam’s opinion that and Ether are the only cryptocurrencies that should be considered commodities. Rostin Behnam had been expressing his concerns over the regulation in the crypto space. He commented on the dangers of unregulated crypto based on its current position. Michael […]
Legal professionals astonished as SBF admits failures, apologizes 12 times in interview By Cointelegraph
Legal professionals astonished as SBF admits failures, apologizes 12 times in interview Former FTX CEO Sam Bankman-Fried apologized or admitted failure at least 12 times during his appearance at the New York Times’ DealBook Summit on Nov. 30. In a wide-ranging video interview, Bankman-Fried was asked to answer a number of questions surrounding the downfall […]