CRYPTONEWS WEEKLY ??- October 11, 2024

Your trusted source for all things crypto.

?? TOP NEWS OF THE WEEK

?? Ex-Alameda CEO Caroline Ellison to Surrender Majority of Assets to FTX Debtors in Bankruptcy Settlement

Caroline Ellison has agreed to relinquish the majority of her assets to FTX debtors as part of a settlement with the FTX bankruptcy estate.

???? UAE Brings Crypto in Line with Traditional Finance by Exempting VAT

The UAE has exempted cryptocurrency transactions from VAT, retroactively since January 1, 2018!

?? Premier League Crypto Sponsorships Soar to ￡130M in 2024

Premier League crypto sponsorships reach ￡130M for the 2024 season, with deals from major firms like OKX and Crypto.com . Crypto continues to expand in European football.

?? FTX Reorganization Moves Forward as US Bankruptcy Judge Grants Approval

A US judge just approved FTX’s bankruptcy plan, paving the way for over $16 billion in repayments to creditors.

?? Revolut's Fraud Measures Save Customers $13.5M in Crypto Losses

UK-based Revolut says its crypto security measures blocked $13.5M in fraud in the past 3 months.

??? HBO Satoshi Identity Reveal: 6 People Who Might Be the Bitcoin Founder

A new HBO documentary promises to reveal Satoshi Nakamoto's real identity, potentially ending a 15-year search for the enigmatic Bitcoin creator. We look at six people who could be Satoshi.

???? Palau Debuts Blockchain-Based Savings Bonds with Soramitsu and Japan

Palau has launched "Palau Invest," a blockchain-based savings bond system in partnership with Japan!

?? Dubai, Switzerland, South Korea Crowned Top Crypto Business Locations in 2024

Dubai, Switzerland and South Korea were crowned the top crypto hubs for 2024, leading with legal clarity and pro-crypto policies.

?? Irish Authorities Unable to Access $380 Million in Seized Bitcoin

Despite seizing $380M in Bitcoin from convicted drug dealer Clifton Collins in 2019, the Irish Criminal Assets Bureau remains locked out of the funds due to lost access codes, reports The Irish Times. Authorities are still seeking a solution, but the crypto remains inaccessible.

?? South Korea Allows Division of Crypto in Divorce Proceedings

South Korea has made it possible for married couples to divide cryptocurrency holdings during divorce proceedings.

?? THE CRYPTONEWS PODCAST

→ Roham Gharegozlou, CEO of Dapper Labs

Roham Gharegozlou is the Founder and CEO of Dapper Labs, and a Board Member of the Flow Foundation. After founding Axiom Zen in 2012, he developed multiple award-winning products and companies, including Routific and Zenhub.

During this time, his team introduced ERC-721 to mainstream audiences and coined the term "NFT" with CryptoKitties, one of the first blockchain games to gain widespread popularity. Under Roham's leadership, Dapper Labs developed NBA Top Shot, NFL ALLDAY, and Disney Pinnacle. He was also instrumental in developing Flow, a blockchain designed for mainstream adoption.

?? Apple Podcasts | Spotify | All podcast players

→ Isha Varshney, Head of Ecosystem at Celo Foundation

Isha Varshney is the Head of Ecosystem at the Celo Foundation. Isha has expertise in decentralized finance, digital currency, and the intersection of technology and economic and social inequality. She also supports global pilots developing Web3 use cases and reimagining infrastructure in emerging markets to increase financial inclusion. Isha previously co-founded a fintech company. She has an MBA from Oxford’s Said Business School and is a qualified Chartered Accountant.

?? Apple Podcasts | Spotify | All podcast players

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