FTX To Resume Paying Wages
Cryptocurrency exchange FTX Trading and its affiliates will resume paying wages to employees globally and to some non-U.S. contractors and service providers, according to a press release on Monday.
Polkadot (DOT) Clings To $5 Level Despite Unforgiving Bear Market
Polkadot (DOT), the 11th largest cryptocurrency with an overall valuation of nearly $6 billion, continues to keep its losses in this prevailing crypto winter to minimal levels.
Over 90% of Australians Have Heard About Bitcoin (Survey)
According to a study conducted by Independent Reserve, more than 25% of Aussies are crypto HODLers.
Fidelity Hints At Possible Shiba Inu Listing
Fidelity says it hopes to expand its cryptocurrency trading opportunities over time.
LBRY Alleges Apple Forced it to Censor Certain Terms During COVID-19
In a Nov. 28 post on Twitter, LBRY alleges it was asked to censor anything related to COVID-19, especially vaccines and the human origins of the virus, or face having its apps removed from the Apple store. "We had to build a list of over 20 terms to not show results for, only on Apple devices. If we did not filter the terms, our apps would not be allowed in the store," the crypto company alleged. (Cointelegraph)
Post News, a Twitter Alternative, Gets Funding From a16z
Post News emerged two weeks ago. The platform was rushed into a live beta since its team wanted to go public at a time when the chaos of Elon Musk’s Twitter leadership was front and center in our collective headspace. Post News has some identical basic functions to Twitter: you make posts, you like and repost other people’s posts, you follow interesting accounts. (TechCrunch)
Singapore Banks' Exposure to Bitcoin 'Insignificant' but Subject to Highest Risk Weight
Singapore's banks are required to hold $125 of capital against an exposure of $100 to risky cryptocurrencies like Bitcoin or Ether, an official said Monday. Although the jurisdiction's banks have "insignificant" levels of exposure to crypto – contributing shorter than 0.05% of total risk-weighted assets – these types of crypto assets are subject to the toughest risk management requirements set by international standard-setters, said Senior Minister and Minister in charge of the Monetary Authority of Singapore Tharman Shanmugaratnam in a written response to a question posed during a parliamentary session. (Coindesk)
36% of Australians Want More Crypto Regulations: IRCI Report
The number of Australians holding cryptocurrencies dropped by 3.2% in the last 12 months, says the latest Australian IRCI report. However, a large number of those surveyed called for more crypto regulation and consumer protection.
Bankman-Fried Robinhood Shares are the Target of a BlockFi Lawsuit
A lawsuit filed by crypto lender BlockFi demands Robinhood shares Sam Bankman-Fried is said to have pledged to the company as collateral, the Financial Times first reported. Bankman-Fried owned about 56.2 million shares or 7.6% of Robinhood Class A common stock, according to a document filed with the Securities and Exchange Commission. (The Block)
Gary Vee-Backed NFT Startup Candy Digital Cuts Staff in Mass Layoffs
Candy Digital, a sports and entertainment NFT startup that was founded in 2021 and rocketed to a $1.5 billion valuation that same year, laid off a large part of its staff today, a source close to the situation confirmed to Decrypt. (Decrypt)
