2 pig butcher busts: Feds recover $5M, ex-Kansas bank CEO jailed
23.8.2024
United States prosecutors announced nearly $5 million worth of Tether (USDT) has been seized from a crypto scammer, while in Kansas, a former bank CEO is going to jail for embezzlement
US BTC ETF Saw $64.9M Inflows, & ETH ETF Saw $874K Inflows: Aug 22
23.8.2024
As of August 2024, US Bitcoin spot ETFs have witnessed a total net inflow of $64.9072 Million, &…
OmegaPro co-founder arrested over $4 billion crypto scam
23.8.2024
Andreas Szakacs, the co-founder of OmegaPro was arrested in Turkey in relation to his alleged involvement in a multi-billion-dollar crypto scheme.
Pip Labs Raises $80 Million at a $2.25 Billion Valuation to Protect IP via Blockchain
23.8.2024
Pip Labs has raised $80 million in a Series B funding round led by VC firm A16z, reaching a valuation of $2.25 billion. The round aims to extend the development of Story, a blockchain aiming to tokenize and protect what Pip Labs calls the “multi-trillion-dollar” asset class...
Bitfarms Acquires Stronghold Digital for US$175 M Stock & Debt
23.8.2024
Bitcoin Mining company Bitfarms acquires Stronghold Digital Mining for nearly US$175 Million stock and debt. The merger will…
How to Make Bitcoin Spendable Again With Tectum Founder and Lead Architect Alex Guseff
23.8.2024
Tectum, developed by Crispmind, is the world’s fastest layer-1 blockchain, achieving 3.5 million transactions per second through a proof of utility consensus mechanism. It guarantees seamless, private transactions using layered processing and zero-knowledge proofs. Alex Guseff, the owner...
Taiwan Court Convicts 8 in Espionage Case Involving Crypto Payments
23.8.2024
Taiwan’s high court on Thursday convicted eight people, including military personnel, of espionage for China, with payments allegedly made in cryptocurrency, the Central News Agency reported. The sentences range from 1.5 to 13 years in prison, while one individual was acquitted, and another remains...
ETH Dencun upgrade attracts more L2 bots and failed txs: Galaxy Research
23.8.2024
Ethereum’s Dencun upgrade has "greatly improved” the economics of Ethereum rollups. However, Galaxy says it also brought more failed transactions
Sony, Electronics Pioneer Behind Walkman, Starts Own Blockchain 'Soneium'
23.8.2024
The new project, "Soneium" will be a layer-2 network atop the Ethereum blockchain, using technology from Optimism's OP Stack
SEC opposes Richard Heart’s bid to dismiss $1B securities lawsuit
23.8.2024
The SEC hit back at Richard Heart’s bid to dismiss its lawsuit, claiming it has sway over him as his alleged illicit securities sales targeted the US
DWF Labs Deposits All $4.12M worth CRV to Binance at a Loss
23.8.2024
DWF Labs deposited all 12.5M CRV worth of $4.12 Million to Binance at a loss. Out of this,…
Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’
23.8.2024
USDD’s Bitcoin collateral was removed without a vote from its DAO, but Justin Sun insists it’s a normal event in DeFi.