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Craig Wright Lied To Court: UK Judge Reveals


An Australian computer scientist named Craig Wright, who has frequently claimed to be the anonymous creator of Bitcoin, Satoshi Nakamoto, was found not guilty by a UK High Court judge on May 20. The post Craig Wright Lied To Court: UK Judge Reveals appeared first on Cryptonews

Ripple’s CTO David Schwartz Sheds Light on XRP Sales Strategy


Prominent blockchain startup Ripple came under scrutiny for selling more XRP tokens than ever before. But David Schwartz, the Chief Technology Officer (CTO) of Ripple, recently explained why the business was liquidating its XRP holdings on May 19. The post Ripple’s CTO David Schwartz Sheds Light...

62 Crypto Projects Raise $474M in 20 Days, Led by Sophon and Securitize


According to the latest data, 62 blockchain or cryptocurrency projects have collectively raised $474 million over the past 20 days of May. Leading the charge, the entertainment-focused blockchain project Sophon garnered $60 million in a node sale, with Securitize following closely, raising...

Mobs of Bonk Inu Token Traders Now Buying Mollars ICO


Large mobs of Bonk Inu (BONK) token traders appear to be migrating into the ICO for Ethereum-Blockchain’s new store-of-value asset; A rival token for Bitcoin. The post Mobs of Bonk Inu Token Traders Now Buying Mollars ICO appeared first on Cryptonews

From IBC to Ethereum: Interconnecting Blockchains


The Web3 industry has faced unprecedented hurdles since the advent of Bitcoin over a decade ago, including issues with scalability and systems lacking interoperability. Protocols such as Union facilitate large-scale interaction by allowing groups to establish connections, conduct transactions...

Internet Computer (ICP) publishes its roadmap


DFINITY Foundation, the parent company of Internet Company (IP), has published a roadmap. It highlights the company’s commitment to integrating Artificial Intelligence (AI) with blockchain technology. Moreover, Internet Company is interested in bringing most of its services and operations...

How Ethereum’s gas fees shape blockchain transactions


The fee needed to complete a transaction or a contract transaction on the Ethereum blockchain is called gas. Fees are denominated in ether, a small fraction of cryptocurrency-(ETH) called gwei (10-9 ETH). The resource provider is paid using “Gas” to validate the transaction’s consumption....

HKIIF Chair Advocates for Hong Kong to Develop CNY-Pegged Stablecoin


Xiao Geng states that the creation of a CNY-pegged stablecoin could expand the offshore Chinese yuan market and elevate Hong Kong’s status in the global financial sector. The post HKIIF Chair Advocates for Hong Kong to Develop CNY-Pegged Stablecoin appeared first on Cryptonews

Russian Court Jails Finiko Crypto Scam Exec for Three Years


A Russian court has sent a Finiko executive to prison for three years, after finding her guilty of helping to mastermind the biggest crypto scam in “post-Soviet history.” The post Russian Court Jails Finiko Crypto Scam Exec for Three Years appeared first on Cryptonews

DTCC Smart NAV Pilot Utilizes Chainlink for Blockchain-Based Mutual Fund Data


The Depository Trust & Clearing Corporation (DTCC) has announced the successful completion of its Smart NAV pilot, leveraging Chainlink’s technology to enhance its Mutual Fund Profile Service I (MFPS I). The initiative aims to bring trusted data to blockchain ecosystems, facilitating more...

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