In a statement on Nov. 12, the Securities Commission of The Bahamas (SCB) denied a Nov. 11<a href="https://twitter.com/ftx_official/status/1590783569471115264" target="_blank">&nbsp;statement</a> from FTX on Twitter that suggested it had been instructed by “Bahamian HQ’s regulation and regulators” to facilitate the withdrawal of Bahamian funds.

DAOs offer the novel chance to develop and fabricate networks and organizations in a decentralized manner.

We are clearly still in the beginning phases of decentralized identification.

Switching to Web 3.0 to avoid FOMO in the future.

Decentralized finance tokens provide crypto users with access to a number of bank-like services such as loans, lending and insurance.

Mere hours after FTX filed for bankruptcy, the Miami HEAT and Miami-Dade County issued a joint statement announcing they were cutting ties with the now-disgraced Bahamas-based crypto exchange – effective immediately.

Blockchain Crypto Investment Group, LBank Labs, announces the establishment of their new crypto investment fund targeted towards web3 development in Africa. LBank Labs plans to establish a series of regional development funds, including regions such as Korea, South East Asia, and more. This is the first of the sequence of new investment funds from LBank Labs.

Lionel Messi, one of the biggest Argentine soccer superstars, has announced his participation as an investor and brand ambassador in Sorare, an NFT (non-fungible token) game. Sorare hopes that Messi’s presence will improve the way in which the company relates to users, setting new standards in this regard. The economic details of the deal were not disclosed. ( By Sergio Goschenko)

<b>FTX</b> crashed. Cryptocurrency prices tumbled on Friday as fretful investors returned to their defensive postures of earlier in the week.

The third-generation Web is too young to comment upon and anticipate its future.