The Coin Leaks

FTX reportedly considers bailing out Celsius via asset bid

[ad_1] Crypto exchange FTX, led by crypto billionaire Sam Bankman-Fried (SBF), is reportedly considering bailing out Celsius Network by bidding on the bankrupt lender’s assets. Coincidently, the information came out the same day Alex Mashinsky resigned as the CEO of Celsius.  “I regret that my continued role as CEO has become an increasing distraction, and …

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Nifty News: Napoleon Dynamite cast reunites in Web3 animated series, Sega’s blockchain game and more…

[ad_1] The main cast from the cult-classic film Napoleon Dynamite are reuniting for an animated series which will be released through blockchain technology. According to a Sept. 27 report from Hollywood news outlet Deadline, the stars from Napoleon Dynamite have all signed on to voice characters in CyKo KO, an animated rendition of Rob Feldman’s …

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BIS marks CBDC pilot as ‘successful’ with $22M transacted

[ad_1] A multi-jurisdictional Central Bank Digital Currency (CBDC) pilot has been marked “successful” by the Bank for International Settlements (BIS) after a month-long test phase that facilitated $22 million worth of real-value cross-border transactions. The central banks of Hong Kong, Thailand, China and the United Arab Emirates (UAE) took part in the pilot program along …

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Bitcoin think tank: Reject CBDCs and look to BTC and stablecoins instead

[ad_1] U.S. think tank Bitcoin Policy Institute is calling for the United States to reject Central Bank Digital Currencies (CBDCs) and look to Bitcoin (BTC) and stablecoins as alternatives.  In a whitepaper shared on Sept. 27, authors including Texas Bitcoin Foundation executive director Natalie Smolenski PhD, and former Kraken growth lead Dan Held argue CBDCs …

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Pantera CEO bullish on DeFi, Web3 and NFTs as Token2049 gets underway

[ad_1] Pantera CEO Dan Morehead highlighted the potential growth and value of Decentralized Finance (DeFi), Web3 functionality, nonfungible tokens (NFTs) and Metaverse applications in his opening keynote speech at Token2049 in Singapore. Thousands of attendees converged on Wednesday at the Marina Bay Sands Convention Center for the start of the two-day conference which features prominent …

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Wintermute inside job theory ‘not convincing enough’ —BlockSec

[ad_1] Blockchain security firm BlockSec has debunked a conspiracy theory alleging the $160 million Wintermute hack was an inside job, noting that the evidence used for allegations is “not convincing enough.” Earlier this week cyber sleuth James Edwards published a report alleging that the Wintermute smart contract exploit was likely conducted by someone with inside …

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Christie’s moves on-chain with NFT auction platform on Ethereum

[ad_1] After a series of successful high-priced nonfungible token (NFT) sales, Christie’s has launched its own dedicated NFT “on-chain auction platform,” allowing auctions to be carried out fully on-chain on the Ethereum network. The 256-year-old British auction giant, which is also the second-largest auction house in the world by fine-art auction revenue, said its “Christie’s …

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3 ‘blockbuster’ titles that could save GameFi — ABGA President

[ad_1] Kevin Shao, Executive President of the Asia Blockchain Gaming Alliance (ABGA) says he’s holding out hope for three “triple-A” blockchain gaming titles that could help propel GameFi into the mainstream and rescue it from the bear market. Speaking to Cointelegraph during Asia Crypto Week, the Executive President said one obstacle preventing mainstream adoption is current …

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Anonymous makes numerous allegations against Yuga Labs and its Bored Ape Yacht Club

[ad_1] On Sept 26, internet hacktivist group Anonymous released a video addressing blockchain technology company Yuga Labs and its NFT-driven social club, Bored Ape Yacht Club (BAYC). The group’s statement included a laundry list of allegations regarding Yuga Lab’s alleged use of esoteric symbolism in BAYC’s art — which Anonymous believes shows the company’s support …

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UFC fighter El Ninja to become first argentinian athlete paid in crypto

[ad_1] Guido Cannetti, an Argentinian Ultimate Fighting Championship (UFC) fighter, is now the first martial arts athlete in the country to receive 100% of his salary in stablecoins, amid rising inflation and Argentina’s economic deteriorating, announced the crypto payroll company Bitwage on Monday. Dubbed El Ninja, he returns to the Octagon on October 1st in …

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