Newsletter Nov 17, 2022
Sony Looking Into NFT, Blockchain Technology, Official Documents Reveal

Sony explained that the system patent would allow gamers to get their hands on unique in-game assets and collectibles.


US Lawmakers Seek Top Executive's Testimony In FTX Collapse Hearing

U.S. lawmakers on Wednesday, in a rare bipartisan vote, called on FTX's Sam Bankman-Fried to testify in a hearing about the crypto exchange's decline.



Leaked Messages Reveal SolChicks Concealed Lost $20M Of Treasury Funds From Terra Collapse

"We strongly condemn bad actors leaking confidential company information to generate publicity," SolChicks said in a statement following the twitter user's expose.

US Sports Stars Named In Lawsuit Over FTX's Deceptive Practices

The celebrities helped promote the exchange, which declared bankruptcy in the United States last week in a meltdown that has reverberated across the digital currency landscape and drawn scrutiny from authorities in multiple countries.

Centralized Custodial Platform Operators Misused Customers Funds: Do Kwon

"While there have been multiple recent failures in crypto, it is important to distinguish between Terra's case...and the failure of centralized custodial platforms," Kwon said.

South Korean Authorities Raid TFL Co-Founder Daniel Shin's Business

This is not the first time that South Korean authorities raided Shin's property.

UAE Regulator Embraces Blockchain To Expedite 'Delivery Of Judicial Services'

"Our vision has always been to massively transform the delivery of judicial services through technology," ADGM Courts CEO said.

Explainer-What's Next In FTX's Bankruptcy

Crypto exchange FTX filed for Chapter 11 bankruptcy protection in the United States on Friday following its precipitous collapse, saying it could owe money to more than 1 million creditors.


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