Search
Class Action Suit Against Silvergate Bank Over FTX Fraud Allegations Moves Forward After Judge’s Ruling
22.3.2024
FTX users are suing the now-defunct Silvergate by claiming it abetted FTX and its affiliated trading firm Alameda Research to commit a historic fraud.
Here's the latest.
The post Class Action Suit Against Silvergate Bank Over FTX Fraud Allegations Moves Forward After Judge’s Ruling appeared...
Parallelized EVMs May Solve Blockchain Trilemma, But It’s Risky Business
22.3.2024
Data from Fortune Business Insights predicts that the global blockchain technology market size will reach $469.49 billion by 2030. Although the potential behind blockchain technology is huge, a number of setbacks may hamper adoption however. For instance, the “blockchain trilemma” continues to...
Max Howell, Founder of Tea Protocol, on Unlocking the Open-Source Economy, Measuring the Impact of Blockchains, AI, and Incentivizing Developers | Ep. 319
22.3.2024
Legendary open source developer Max Howell talks about his highly popular Homebrew system, the much-anticipated tea Protocol, the massive importance of properly compensating developers to create and maintain open-source software, and how tea aims to help that goal, as well as commercial open-source...
Helium developing wireless network with the fastest growth option
22.3.2024
Decentralized physical infrastructure networking (DePIN) is one of the quickest increasing sectors within Web3. It is influencing individuals in more ways than one in the physical world. DePIN takes the help of incentives for encouraging the provision for a framework that boosts computer rendering...
San Diego Federal Court Denies Silvergate’s Dismissal Motion in FTX Fraud Case
22.3.2024
The San Diego federal court has ruled that Silvergate Bank must face a class-action lawsuit filed by FTX users which alleges that the bank aided the exchange and Alameda Research in fraudulent activities.
The post San Diego Federal Court Denies Silvergate’s Dismissal Motion in FTX Fraud Case...
Estonia Approves Bill to Regulate Crypto Service Providers
22.3.2024
Estonian government has passed a legislation that shifts crypto oversight to the Financial Supervision Authority (FSA) starting 2026.
The post Estonia Approves Bill to Regulate Crypto Service Providers appeared first on Cryptonews
Frax Finance Unveils Roadmap to Reach $100 Billion in Locked Assets on L2 Network by 2026
22.3.2024
DeFi protocol Frax Finance has revealed an ambitious roadmap aimed at increasing the total dollar value of crypto assets locked in its layer 2 blockchain to $100 billion by the end of 2026.
The post Frax Finance Unveils Roadmap to Reach $100 Billion in Locked Assets on L2 Network by 2026 appeared...
Super Sushi Samurai Token Crashes by 99% After Critical Exploit
22.3.2024
Following a critical double-spending glitch, the GameFi project Super Sushi Samurai token's market value plummets 99.9% with $4.8 million withdrawn from its liquidity pool.
The post Super Sushi Samurai Token Crashes by 99% After Critical Exploit appeared first on Cryptonews
Yield Guild Games Launches Token on Ronin Network Reaching More Gamers
22.3.2024
Decentralized gaming startup Yield Guild Games (YGG) has announced it has launched the YGG token on the Ronin network, expanding to the Web3 gaming community.
The post Yield Guild Games Launches Token on Ronin Network Reaching More Gamers appeared first on Cryptonews
Frax Finance Targets $100B Value Locked in Singularity Roadmap
22.3.2024
Frax's singularity roadmap has set a target of $100 billion in TVL for its layer 2 Fraxtal
Solana Takes Crown as Top Blockchain Ecosystem of the Year: CoinGecko
22.3.2024
Solana (SOL) has seized the spotlight as the leading blockchain of the year, commanding nearly half of global crypto investor attention in chain-specific narratives, according to CoinGecko.
The post Solana Takes Crown as Top Blockchain Ecosystem of the Year: CoinGecko appeared first on Cryptonews
Do Kwon’s Extradition to South Korea Challenged by Montenegro’s Top Prosecutor
22.3.2024
Terraform Labs co-founder Do Kwon's recent extradition to South Korea is being challenged by Montenegro’s prosecutor.
The post Do Kwon’s Extradition to South Korea Challenged by Montenegro’s Top Prosecutor appeared first on Cryptonews
Japanese Telecoms Companies Go Crypto: NTT Subsidiary to Launch Crypto Wallet
22.3.2024
Japanese telecoms companies are moving into the web3 space, with a subsidiary of the communications giant NTT set to launch a crypto wallet.
The post Japanese Telecoms Companies Go Crypto: NTT Subsidiary to Launch Crypto Wallet appeared first on Cryptonews
French Energy Giant EDF Subsidiary Becomes Validator on Chiliz Chain – Blockchain Adoption Rising?
21.3.2024
Exaion, a subsidiary of French energy giant EDF, has joined the Chiliz Chain as a validator node. The partnership will bring expertise from the energy and technology sectors, hinting at potential utility-driven blockchain innovation.
The post French Energy Giant EDF Subsidiary Becomes Validator...
US Law Enforcement Arrests Mastermind of $1.2 Million MEV Rug Pull Scam
21.3.2024
The U.S. law enforcement authorities have arrested Robert Robb, a MEV bot engineer known as “pokerbrat” for allegedly masterminding a $1.2 million crypto rug pull scam. Robb was detained on March 20, according to a screenshot from the Detention Center Inmate information of the Henderson...
Pixels Crypto Game Fuels Resurgent Ronin Blockchain
21.3.2024
This year's bull market has seen a resurgence of many crypto narratives from yonder cycles, including crypto gaming. In that sector the Ronin network – whose game Axie Infinity reigned over the last gaming moment – is back again
DOJ Charges Texas Man for Orchestrating $10 Million Meta-1 Coin Scam
21.3.2024
Texas resident Robert Dunlap has been arrested on federal mail fraud charges in connection with the “Meta-1 Coin” scam that saw investors drained of over $10 million, the Department of Justice reveals. The alleged fraudster had claimed the token was backed by $44 billion in gold and priceless...
DigitByte Blockchain aligns with the NIST cybersecurity framework
21.3.2024
DigiByte Blockchain has shared insights about how it perfectly aligns with the cybersecurity frameworks that NIST has laid down. An acronym for the National Institute of Standards and Technology, NIST majorly emphasizes boosting protection for information and information systems. The goal is...
Coinbase Derivatives Plans Cash-Settled Futures for Dogecoin, Litecoin, and Bitcoin Cash
21.3.2024
Coinbase is gearing up to launch futures trading for some notable cryptocurrencies, including the popular meme coin Dogecoin, as well as Litecoin and Bitcoin Cash.
The post Coinbase Derivatives Plans Cash-Settled Futures for Dogecoin, Litecoin, and Bitcoin Cash appeared first on Cryptonews
Shibarium Sees Transactions Plunge 99%: Challenges Ahead for Shiba Inu’s Layer 2
21.3.2024
Shibarium, an Ethereum Layer 2 network built by Shiba Inu, is up against a significant drop in day-to-day transactions to the extent of 99%. The end of 2023 and the start of 2024 have witnessed increased acceptance of the Shibarium network, due to which daily transactions saw an upward swing...