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Blockchain ID project Humanity Protocol hits unicorn status with $30M raise
16.5.2024
Over half a million people are already on the waitlist for Humanity Protocol’s public testnet launch, expected to take place in the back half of 2024
South Korean Police Officers on Trial in ‘Crypto Fraud Bribes’ Case
16.5.2024
Two South Korean police officers are standing trial over alleged bribery in an increasingly high-profile crypto fraud case.
The post South Korean Police Officers on Trial in ‘Crypto Fraud Bribes’ Case appeared first on Cryptonews
Bitcoin crosses $66K as traders eye 2 key indicators for $70K target
16.5.2024
The Gann Fanns model and an emerging Inverse Head and Shoulders pattern are top of mind for traders to see if Bitcoin can “bounce” above its all-time high
Brothers Arrested for Allegedly Exploiting Ethereum Blockchain to Steal $25 Million in 12 Seconds
16.5.2024
Two brothers, both graduates of the prestigious Massachusetts Institute of Technology (MIT), have been apprehended and charged with exploiting a vulnerability in the Ethereum blockchain.
The post Brothers Arrested for Allegedly Exploiting Ethereum Blockchain to Steal $25 Million in 12 Seconds...
Russian Teens Arrested for ‘Crypto-powered Money Laundering’ – Report
16.5.2024
Two Russian teenagers have been arrested in a crackdown on a suspected crypto-powered “money laundering” ring, a police source claimed on May 14.
The post Russian Teens Arrested for ‘Crypto-powered Money Laundering’ – Report appeared first on Cryptonews
Former House Speaker Paul Ryan Says Stablecoins Could Be Worth “Trillions” Once Regulated
16.5.2024
Paul Ryan said last week that stablecoins may help drive demand for dollars and U.S. debt.
The post Former House Speaker Paul Ryan Says Stablecoins Could Be Worth “Trillions” Once Regulated appeared first on Cryptonews
El Salvador Announces Tokenized Investment Offerings On Bitcoin Sidechain
15.5.2024
El Salvador's National Bitcoin Office launches tokenized investment offerings on the Liquid network, leveraging blockchain technology for new opportunities. Discover how to invest in El Salvador Bitcoin and benefit from its growing ecosystem.
The post El Salvador Announces Tokenized Investment...
Degen Chain Outage: Network Restored, L3 Debate Reignited
15.5.2024
Degen Chain, a prominent Ethereum layer-3 blockchain, experienced a two-day outage due to a configuration error, which affected its network and native DEGEN token. Explore the details of the disruption and its implications for layer-3 networks.
The post Degen Chain Outage: Network Restored,...
Mastercard launches ‘next generation’ of blockchain payments startup program
15.5.2024
The program has added five startups and will trial various payment technologies ranging from blockchain to Web3
FTX Gets Backlash Despite Planned Full Repayment Plus Interest
15.5.2024
FTX is planning to repay customers, but the plan is facing a backlash from creditors. The plan involves paying creditors in US dollars based on their account value at the time of FTX's collapse, not the current market value of their crypto holdings. This has caused outrage among creditors who feel t...
The XR Foundation Launches XR One: A Revolutionary Layer3 Blockchain; Saltwater Games Leads With 3 Titles in Development
15.5.2024
PRESS RELEASE. The XR Foundation in partnership with Saltwater Games is proud to announce the launch of its gaming-dedicated blockchain, XR One. After receiving grant funding from the Arbitrum Foundation, the Saltwater.Labs team has co-developed the Layer 3 Orbit chain leveraging Arbitrum’s...
Mastercard, Standard Chartered test tokenized deposit transaction
15.5.2024
Mastercard’s Multi-Token Network enabled an atomic swap of a tokenized carbon credit for cash in a bank account
Oklahoma’s new crypto law protects miners, sets blockchain legal framework
15.5.2024
Oklahoma Governor Kevin Stitt enacted a law on May 13 that creates a legal framework for blockchain and safeguards miners’ activities
Congressman Wiley Nickel Slams SEC’s “Open Hostility” Towards Digital Assets, Urges Gensler To Rescind SAB121
15.5.2024
Congressman Wiley Nickel (D-CA) is criticizing United States Securities and Exchange Commission (SEC) Chair Gary Gensler over SAB121 and the agency’s “open hostility” towards crypto, a Wednesday letter to Gensler from Congressman reveals. Nickel's letter comes amidst the controversial staff...
Oklahoma Enacts Landmark Bill to Regulate Digital Assets, Protect Bitcoin Rights, Foster Crypto Innovation
15.5.2024
The governor of the U.S. state of Oklahoma has approved House Bill 3594, a landmark bill that protects bitcoin rights and fosters cryptocurrency innovation. The legislation addresses the regulation and promotion of blockchain technology and cryptocurrency in the state. The bill defines key terms...
HTX Withdraws Hong Kong Crypto License Application Again – What’s Going On?
15.5.2024
Concerns were raised regarding Huobi Global (HGBL) Hong Kong Limited's capacity to conduct lawful business in the area on May 14 when the HTX subsidiary withdrew its application for a cryptocurrency trading licence from Hong Kong's Securities and Futures Commission (SFC) for the second time.
The...
Worldcoin Turns Red: WLD Price Falls 18% as Money Shifts to Competing AI Project
15.5.2024
Worldcoin ($WLD), the blockchain project helmed by OpenAI’s Sam Altman, has fallen nearly 20% in the last two weeks and 6.4% overnight despite other leading cryptocurrencies posting green candles. The WLD token currently trades for $4.83. That’s 59% short of its all-time high (ATH)...
Tether’s USDT Implicated in $2B Illegal Foreign Exchange Scheme in China – Regulation Coming?
15.5.2024
On May 15, a few people suspected in an underground banking operation were arrested by Chinese police in Sichuan province. They have been charged in facilitating illegal foreign currency transactions involving around $2 billion worth of Tether's USDT.
The post Tether’s USDT Implicated in...
TRON DAO at Cornell Blockchain Conference
15.5.2024
PRESS RELEASE. Geneva, Switzerland, May 15, 2024 – TRON DAO, a platinum sponsor at the Cornell Blockchain Conference, recently showcased its leadership at Cornell Tech on Roosevelt Island. The event attracted over 800 participants, including students, academics, and industry leaders...
Two brothers manipulated Ethereum protocols to steal $25M — Justice Dept
15.5.2024
U.S. officials said the individuals engaged in a "first-of-its-kind manipulation of the Ethereum blockchain" by tampering with its protocols over validating transactions