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According to The Block, a U.S. trustee raised objections to FTX’s hiring of New York law firm Sullivan and Cromwell (S&C). The Jan. 13 filing by U.S. trustee Andrew Vara stated a possible conflict of interest due to Sullivan and Cromwell’s previous ties to FTX. “The disclosures submitted by S&C were entirely insufficient to assess whether S&C met the Bankruptcy Code’s non-conflict and non-interest criteria,” the filing reads. FTX’s General Counsel, Ryne Miller, previously worked at S&C for ei...

Eurojust, the European Union's cross-border agency responsible for combating organized crime, said it has teamed up with Europol (Europol) to dismantle a cryptocurrency fraud gang that carried out criminal activities in Bulgaria, Cyprus and Serbia, and the gang has made at least tens of millions of euros in profits. Law enforcement arrested 14 people in Serbia and one in Germany, seized more than 150 computers, various electronic devices and data backups, three cars, two luxury apartment...

As reported by The Block, Ben Edgington, head of product on the Teku client team, noted at the recent Ethereum Consensus Layer (CL) conference. The development team released devnet 2 ahead of the Shanghai (Shanghai) mainnet shadow fork to help client teams prepare for the upcoming Shanghai upgrade. The launch of the devnet is mainly to test and find bugs in the Shanghai upgrade software. As part of the Shanghai upgrade rehearsal, the developers are also preparing for the Shanghai shadow fork ...

The Neutrino team announced that the proposal to switch USDN from a stablecoin to the Waves Ecosystem Index Token (WIXT) has been accepted. WIXT will be collateralized by a basket of Waves ecosystem tokens and will no longer be pegged to $1. The Neutrino team will release the WIXT technical white paper at the end of January, and completely rename USDN to WIXT in mid-February.

According to The Block, OpenSea has launched a new Trump NFT series called "Win Trump Prizes", allowing users to purchase rewards related to former US President Donald Trump. Individual holders can apply for a one-on-one Zoom meeting with Trump at a fee of 200 ETH, get a ticket for a dinner with Trump at 50 ETH, and get a ticket with Trump at a price of 21.45 ETH. Trump meeting and other interests. OpenSea data shows that the transaction volume of this series is 38 ETH, with a total of 680 ow...

Quantum Temple, a Web3 cultural heritage protection platform, announced the completion of a $2 million Pre-Seed round of financing, led by Borderless Capital, with participation from Algorand Foundation, Outliers Fund, Shima Capital, New Moon Ventures, and NxGen, as well as a group of angel investors. Quantum Temple uses NFT to protect cultural heritage and promote fair exchanges among collectors, and uses blockchain technology to permanently protect and share knowledge, traditions, and cultu...

U.S. crypto bank Silvergate Bank recently announced some preliminary financial indicators for the fourth quarter of 2022, stating that it has obtained $4.3 billion in liquidity (ie, advance payment) from the San Francisco-based U.S. Federal Home Loan Bank after the bankruptcy of FTX. As of the end of the third quarter of 2022, crypto customers among the top 10 depositors of Silvergate Bank include Coinbase, Paxos, Crypto.com, Gemini, Kraken, Bitstamp and Circle, and the deposit scale accounts...

Binance announced that Binance Nordics AB has been registered with the Swedish Financial Supervisory Authority (Swedish FSA) on January 10, 2023 (registration number 66822) as a financial institution to manage and trade virtual currencies. The registration means that residents of Sweden will now have access to Binance’s wide range of crypto and Web3 services, including the popular EUR deposits and withdrawals, cryptocurrency purchases with EUR, trading, staking, and the Binance Visa Card, amo...

According to Decrypt reports, the encryption exchange Crypto.com sent an email to its Canadian customers stating that according to the instructions of the Ontario Securities Commission (OSC), Crypto.com will delist USDT trading pairs for Canadian users. Commitment to comply with regulatory requirements made when applying for a license for pre-registration. The email stated that USDT-related trading pairs will be delisted from January 31, and trading and deposit and withdrawal services will no...

Worlds Enterprises, Inc., creators of a new 4D infrastructure for building the Industrial Metaverse, today announced the successful closing of its $21.2 million Series A1 funding round. The round was led by Moneta Ventures, with lead participation from existing investors Align Capital, Green Park & ​​Golf Ventures, Chevron Technology Ventures, Piva Capital, PerotJain and Capital Factory. The funding will be used to continue investing in the company's artificial intelligence platform, exp...

Alipay launched the "2023 Collection of Five Blessings-AI New Year Pictures" digital collection collection activity. Users can create multiple New Year pictures of Lucky Rabbits based on the original materials provided by the organizer, including but not limited to pictures of lucky rabbits and all decorative elements, and can choose among them One piece of New Year pictures can be customized and generated into a digital collection of New Year pictures for the Year of the Rabbit and Five Bles...

Hdac, the blockchain and encryption subsidiary of South Korea's Hyundai Group, announced that it will issue fiat currency stablecoins in British Guiana, South America, according to a report by Korea Economic Daily. Hdac has received approval from the Guyana Monetary Authority for the issuance and governance of the Guyana Dollar (GYD) stablecoin. In addition, Hdac signed a cooperation agreement with Swiss bank Maerki Baumann last year to issue fiat currency-backed stablecoins RCHF (Swiss ...