
Custodia Bank Denied Federal Reserve System Membership
The Federal Reserve Board has denied Custodia Bank’s application for membership, claiming the crypto-focused institution’s “novel business model and proposed focus on crypto-assets presented significant safety and soundness risks.”

Tech’s Money Woes: Beginning of the End for Web2? - CoinDesk
Gloomy forecasts, mass layoffs and antitrust lawsuits have bruised "Big Tech" over the past year. But that doesn't automatically portend the end of Web2. For Web3 to emerge, we have to address key questions about AI and decentralization.

Crypto mining advocate sees green business in abandoned gas wells - Axios
Securing bitcoin, it says, could be an effective way to finance a longstanding environmental problem.

Fed denies Custodia Bank application to join the Federal Reserve System
The U.S. Federal Reserve Board has rejected the application of digital asset bank Custodia for membership in the Federal Reserve System.

Biden Administration Releases Roadmap To Mitigate Cryptocurrency Risks
The White House has unveiled a roadmap to reduce risks associated with the wider cryptocurrency industry.

Why Amazon Stock Suddenly Popped This Morning
Even if Amazon does get into the NFT business, it may not justify today's spike in share price.

Floki Inu Developers Float DAO Proposal to Burn $55M of Its Own Tokens
The proposal is part of a broader move towards positioning Floki Inu as a serious DeFi project, developers told CoinDesk.

Could Forex Be TradFi's First Official Foray Into DeFi?
The TradFi Forex model is incredible but aging, and we have a chance to fix the system by leveraging what DeFi is capable of doing best.

Cryptoqueen: Has the missing fugitive reappeared?
The Kensington house of Romanian crypto scammer on the FBI's most-wanted list, Ruja Ignatova, mysteriously goes up for sale
Margex, a leading cryptocurrency exchange adds Telegram's Toncoin to the list of supported assets
Margex, a leading cryptocurrency exchange platform, is proud to announce that it is among the first exchanges to offer Telegram's TON coin to its users. The ...

Are There Tech Solutions to the Privacy and Compliance Tradeoffs for CBDCs?
Users will likely demand cash-like privacy protections for central bank digital currencies, which may be thwarted by regulations. However, new technology solutions may enable high degrees of privacy while complying with regulations.

FTX lawyers to reap millions from the bankruptcy case: Report
FTX’s legal team from Sullivan & Cromwell has 150 people on the bankruptcy case, with thirty partners reportedly charging more than $2,000 per hour.