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SBF risks 115 years in jail, Binance’s FUD, and auditors quit crypto: Hodler’s Digest Dec. 11-17
Top Stories This Week
FTX founder Sam Bankman-Fried arrested, set to be extradited to US
Sam Bankman-Fried was taken into custody by the Royal Bahamas Police Force and is likely to stay there until February, after his…
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Argentina’s province to issue US dollar-pegged stablecoin
The province of San Luis in Argentina approved a legislation allowing the issuance of its own stablecoin pegged to the United States dollar. The token, dubbed the "Activo Digital San Luis de Ahorro", will be available to all citizens of…
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Stellar partners with UNHCR to give Ukrainian refugees cash via USDC
Humanitarian groups have increasingly used blockchain technology to solve problems with lack of banking or inadequate identity verification in developing or war-torn nations. Two new projects have been announced in December, including…
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MetaMask to allow users to purchase and transfer Ethereum via PayPal
Digital payments platform PayPal has teamed up with MetaMask parent company ConsenSys to allow MetaMask users to purchase and transfer Ether (ETH) via PayPal’s platform.According to the Dec. 14 announcement, the service will initially be…
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Algorand to support bank and insurance guarantees platform in Italy
Layer-1 blockchain platform Algorand has been chosen as the public blockchain to support an “innovative digital guarantees platform” to be used in Italy's banking and insurance markets.The Algorand-supported platform is expected to…
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$75M worth of FTX’s political donations at risk of being recalled due to bankruptcy: Report
Following the collapse of FTX and its Nov. 11 bankruptcy filing, $73 million worth of its political donations is currently at risk of being recalled to repay the failed exchange’s creditors, according to a report by Bloomberg.Speculators…
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Argentina Organizes National Blockchain Committee to Implement State Level Strategy – Blockchain…
The government of Argentina has designated a national blockchain committee in order to establish the directives for a state-level blockchain adoption strategy. In a document, Argentina remarks on the importance of this tech for the…
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A Supreme Court case could kill Facebook and other socials — allowing blockchain to replace them
The internet — arguably the greatest invention in human history — has gone awry. We can all feel it. It is harder than ever to tell if we are engaging with friends or foes (or bots), we know we are being constantly surveilled in the name…
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Bank of Spain to Launch Experimental Wholesale CBDC Digital Token Program – Blockchain Bitcoin News
The Bank of Spain is seeking the collaboration of organizations interested in participating in an experimental test on a wholesale central bank digital currency (CBDC). The institution clarified this new program has no relation with…
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Ethereum developers target March 2023 for Shanghai hard fork
According to a discussion at the 151st Ethereum Core Developers Meeting on Dec. 8, core programmers have set a tentative deadline of March 2023 for Ethereum's Shanghai hard fork. In addition, developers will aim for May or June 2023 to…
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