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Ruling In SBF Case Is A Warning To Others, U.S. Attorney Says
28.3.2024
FTX founder Sam Bankman-Fried’s 25-year prison sentence will send “an important message” to potential fraudsters everywhere, U.S. Attorney Damian Williams wrote following his sentencing. Based on the ruling, Bankman-Fried will not be out of prison until his late 50s.
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Ethereum Hit by 'Blobscriptions' in First Stress Test of Blockchain's New Data System
28.3.2024
Ethereum fees for "blobs" – the blockchain's new dedicated class of cheaper data storage – spiked Wednesday after a project called Ethscriptions created a new way of inscribing data, known as “blobscriptions.”
Polygon Bids Adieu to Mumbai Testnet, Welcomes new UX with Napoli upgrade
28.3.2024
Polygon PoS is seeing an upgrade in tandem to Ethereum’s Dencun upgrade The Napoli upgrade is an upgrade of Ethereum’s Cancun upgrade, bringing multiple benefits to nodes and improving the overall health of the network. Polygon (formerly known as Matic Network) is continuing to make strides...
Banks like Citi adopt blockchain and tokenization in private markets
28.3.2024
In collaboration with Wellington and WisdomTree, Citigroup Inc. conducted a simulation regarding the tokenization of private funds in blockchain wagering. This endeavor was designed to demonstrate how a blockchain network can tokenize a private equity fund. Wall Street may embrace distributed...
Web3 Losses Cut By 23% in Q1 2024, Hackers May Be Eyeing $100 Billion in Locked Funds – Immunefi
28.3.2024
Almost $100 billion in capital is locked across Web3 protocols, representing an attractive opportunity for blackhat hackers, Immunefi said.
The post Web3 Losses Cut By 23% in Q1 2024, Hackers May Be Eyeing $100 Billion in Locked Funds – Immunefi appeared first on Cryptonews
Breaking: Judge Sentences FTX Founder Sam Bankman-Fried to 25 Years in Prison, Fined $11 Billion
28.3.2024
Disgraced FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison and an $11.02 billion fine, Judge Lewis A. Kaplan ruled in Manhattan federal courthouse Thursday morning. Thursday's sentencing marks what many view as an end to Bankman-Fried's case following his misappropriation...
Copper.co has forged a collaboration with Aptos Foundation
28.3.2024
Copper.co, one of the absolute prime players in the digital asset custodian vertical, has collaborated with Apotos Foundation to advance the growth of incorporated blockchains. The incorporation will bring custody and in-built staking backing for Aptos, a separate L1 blockchain base created...
Stratis Blockchain Receives Virtual Asset Service Provider (VASP) Registration in Spain
28.3.2024
Stratis' Layer 1 blockchain platform is now authorized to provide crypto-to-fiat exchange services and crypto custodial services to users within the Spanish market.
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Arbitrum teams up with Azuki
28.3.2024
Arbitrum, which is an Ethereum Layer 2 network, teams up with NFT collection Azuki to introduce Japanese animation series, anime, within the blockchain universe. With the name AnimeChain, the platform aims to leverage Arbitrum’s market capitalization of $4.3 billion, Azuki’s expanding...
KuCoin Announces $10 Million Airdrop Amidst US Justice Department Charges
28.3.2024
KuCoin has announced a $10 million airdrop of Bitcoin and its native KuCoin (KCS) token to their loyal customers.
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Crypto Firms to Undergo Regulatory Sandbox Evaluation Before Licensing in Indonesia
28.3.2024
Starting in January 2025, crypto firms seeking to operate in Indonesia must undergo evaluation in a regulatory sandbox to pass licensing.
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Eternal AI: Pioneer in AI on Bitcoin L2, Powered by Polygon
28.3.2024
In the current high-speed digital environment, artificial intelligence (AI) has gained a pivotal position, and the power is still in the hands of a few large corporations. With this centralization of AI technology, the troubles that come inherent in a centralized system are set. The role of...
HashKey Partners with Victory Securities for Enhanced Custody and Trading Services
28.3.2024
HashKey Exchange and the Securities and Futures Commission licensed Victory Securities collaborate to bolster virtual asset trading and custody solutions for investors in Hong Kong.
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BlackRock’s New Tokenized Fund BUIDL Attracts $240M in a Week: Bloomberg
28.3.2024
The BlackRock USD Institutional Digital Liquidity Fund BUIDL, leveraging Ethereum blockchain, garners significant interest, amassing $240 million in the first week after launch.
The post BlackRock’s New Tokenized Fund BUIDL Attracts $240M in a Week: Bloomberg appeared first on Cryptonews
Hamas-linked Crypto Addresses of Gaza Now Jointly Sanctioned by US, UK
28.3.2024
Gaza Now has been promoting crypto donation campaigns and ramped-up these efforts particularly after the October 7 attack in Israel.
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Understanding the Long Term Vision for the Diamante Blockchain Ecosystem – Chirag Jetani
28.3.2024
Diamante Blockchain stands at the forefront of blockchain innovation, committed to expanding the reach and utility of its proprietary network, Diamante Net. The mission is to harness the transformative power of blockchain to deliver unparalleled value and efficiency across industries. With a focus...
‘Build on Bitcoin’ Startup Secures $10M in Seed Funding to Advance Hybrid L2
28.3.2024
The layer-two (L2) initiative BOB, an acronym for ‘Build on Bitcoin,’ successfully secured $10 million during its seed funding round, led by Castle Island Ventures. The financial boost is set to advance the deployment of a Bitcoin L2 that is compatible with the Ethereum Virtual...
Hague Legal Body Launches Digital Asset Tokenization Project to Tackle Cross-Border Challenges
28.3.2024
The Hague Conference on Private International Law has initiated a project on digital asset tokenization. It aims to bring legal clarity to cross-border businesses engaging with digital assets.
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South Korean Civil Servant Charged with Crypto Fraud
28.3.2024
A South Korean civil servant was arrested on March 27 on charges of committing crypto-related fraud and carrying out voice phishing attacks.
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Fetch.ai, Ocean Protocol, and Singularitynet to Merge Tokens Into ‘Artificial Superintelligence’ Coin
28.3.2024
The teams from Fetch.ai, Ocean Protocol, and Singularitynet (SNET), three top projects in artificial intelligence (AI) on the blockchain, have announced their intention to amalgamate their tokens into a unified cryptocurrency named “artificial superintelligence (ASI).” 3 Top AI Tokens to Combine...