Crypto
CBDCs
OpenCBDC to process 1.84M transactions per second as Boston Fed, MIT collab is complete
Researchers say that Project Hamilton has successfully produced a useful codebase.
Regulation
US Senator Toomey unveils permissive stablecoin bill prior to retirement
The bill could create a framework that allows more companies to issue stablecoins.
Crime
FTX associates Caroline Ellison, Gary Wang plead guilty to criminal charges
Both were charged in advance of Sam Bankman-Fried's return to the U.S.
Mining
Canada’s western province, BC, will block new cryptocurrency miners
British Columbia will impose a targeted 18-month ban on electricity connections.
Adoption
Twitter integrates Bitcoin, Ethereum price charts into feeds
The social media site now displays live data for certain search terms.
Exchanges
Sam Bankman-Fried will be extradited to the U.S. Wednesday night
Sam Bankman-Fried's extradition from the Bahamas is imminent.
Banking
Silvergate denies nepotism before U.S. senators
Last month's staffing changes were not due to performance issues, CEO Alan Lane says.
Banking
Silvergate account was at the center of FTX’s collapse, senators say
The crypto-focused bank is reviewing transactions related to FTX and Alameda.
Legal
Sam Bankman-Fried has signed extradition papers
The former FTX CEO is one step closer to returning to the United States.
Lending
BlockFi one step closer to opening withdrawals, but not for majority of users
The company intends to gain court authorization and allow users to retrieve funds.
Exchanges
Failed crypto exchange QuadrigaCX wallets move funds for first time in three years
Bitcoin addresses tied to the collapsed exchange transferred $1.7 million this weekend.
Payments
Visa proposes Ethereum auto-payment scheme
The payment giant's approach allows recurring payments from self-custodied wallets.