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FTX implosion is the real ‘red wave’

This week’s dramatic implosion of the FTX cryptocurrency exchange continues to disgorge a seemingly nonstop parade of machinations and sordid revelations that t

Is It Safe to Hold BUSD as Binance Goes on Conversion Spree?

Binance has converted over 800 million BUSD from its Recovery Fund to other cryptocurrencies amid heightened U.S. scrutiny on stablecoins. Regulators like the SEC and CFTC are looking to enact strict rules on stablecoins and other cryptocurrencies.The recent scrutiny and FUD (fear, uncertainty, and…

Congressional privacy proposals could kill scores of blockchain projects

With public trust in large tech companies at an all-time low, Congress is once again considering comprehensive data privacy legislation. But the rise of blockchain technologies and the nascent decentralized web mean that these comprehensive proposals are already behind the times. Without major revi…

EU Commission to ensure ‘healthy competition’ in the metaverse

Considering the regulatory struggle to keep up with ever-evolving innovations, Margrethe Vestager, the European commissioner for competition since 2014, recommended a headstart into brainstorming implications of technologies such as the metaverse and ChatGPT.Vestager highlighted how digital transit…

'Home' regulator could solve crypto's 'fragmented supervision' issue: Comptroller

Cryptocurrency firms operating multiple entities in different countries should be overseen by one consolidated “home” regulator to stop them from playing "games" aimed at skirting regulators, the acting head of the United States banking regulator has opined.Michael Hsu, the Acting Head of the Compt…

Hermès asks court to halt sales of MetaBirkin NFTs following recent jury decision

Hermès International, the French luxury fashion house, has requested a Manhattan federal court to block artist Mason Rothschild from marketing or owning his "MetaBirkin" non-fungible tokens (NFTs) following a recent jury decision that found Rothschild had violated Hermes' trademark rights in its fa…

Technical discussions take center stage at Advancing Bitcoin conference in London

The Bitcoin BINANCE:BTCUSD bear market builders convened in London, United Kingdom, during the Bitcoin-only conference “Advancing Bitcoin.”Common Bitcoin conference vernacular, words like “macro,” “shitcoin,” or “debt spiral” were absent from the debate, replaced by computer science terms; words li…

US legislators renew call for EPA investigation of crypto mining emissions data

United States Senator Edward Markey and Representative Jared Huffman announced on March 3 that they would reintroduce the Crypto-Asset Environmental Transparency Act in Congress. The move comes ahead of a Senate hearing on the environmental impact of crypto mining, which Markey will chair on March…

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The year 2022 is coming to an end. Looking back on the ups and downs of the industry this year has become a historical footnote to the development of the industry, whether it is technological breakthrough, application innovation or ecological rise and fall. After two years of technology iteration and application innovation in 2020 and 2021, the development of the blockchain industry in 2022 also presents a different picture. This article will answer for you.