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Europe Warns Musk He Must Limit Free Speech
The EU’s internal market commissioner, says Musk will have to increase the number of moderators in Europe, a continent which long ago gave up all pretense of having free speech, adding that Musk “will have to open his algorithms. We will have control, we will have access, people will no longer be able to say rubbish.”...
Elizabeth Holmes Gets 11+ Years in Prison for Theranos Fraud
Elizabeth Holmes, who parlayed more than $900 million of venture capital funding for her startup Theranos into a business promoting blood-testing machines that didn't work, was sentenced by a federal judge to 11 years and three months in prison on Nov. 18 for defrauding investors...
Kevin O’Leary will continue Keeping Cryptos on Exchanges
According to O’Leary, cold storage was not an option for him or firms that have to keep a specified percentage level of exposure to the industry. He declared that cold storage does not provide the kind of liquidity they would need for a daily running of their operations. O’Leary said that these assets must be available for trading at all times in order to remain...
CZ begins working on Vitalik Buterin’s ‘safe CEX’ ideas
Buterin discussed implementing proof of assets for confirming an exchange’s reserves while weighing the pros and cons of such a system, considering that crypto exchanges hold fiat currencies and the process would require crypto exchanges to rely on trust models better suited for the fiat ecosystem. While long-term solutions will need the...
The FTX Fallout From the Eyes of a Bitcoiner
Much will be written on FTX from a mainstream point of view, and much will be written from the point of view of cryptocurrency investors. You'll hear a lot about FTX from the various venture capitalists who populate the industry, and other influencers who cover decentralized finance, Web3 and NFTs. Inevitably, the story that will be shared by crypto insiders will be...
Russia’s Digital Asset Law Aim to Allow Mining, Ban Crypto Exchange and Ads
The draft is meant to regulate the extraction of cryptocurrencies as well as the taxation of the generated income. It permits the sale of the minted coins “without using Russian information infrastructure” or through authorized entities operating “within experimental legal regimes.” The document introduces a detailed definition of ...
LeoFinance sponsors a world cup contest with 1000 HIVE!
This brings the current amount of HIVE contributed by sponsors to 5518 HIVE! It's absolutely awesome! We're excited to see how much the people and projects on Hive are supporting this initiative so that as many users as possible can benefit from it...
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This edition of The Daily Leo was published by @investing-dude on Leo Finance