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Former FTX Executives and Promoters To Pay $1.35 Million in Lawsuit Settlement Deal
29.3.2024
Former executives and promoters of crypto exchange FTX have agreed to settle a class action following founder Sam Bankman-Fried's sentencing Thursday, court documents filed yesterday show. Former head of engineering for FTX, Nishad Singh, Alameda Research CEO, Caroline Ellison, chief technological...
EMC & IoTeX forge game-changing AI & Blockchain alliance
29.3.2024
EMC has made a historical strategic partnership with IoTeX, a prominent blockchain platform known for its ingenious contributions to the Internet of Things (IoT) and AI technologies, and this partnership announcement is a game changer in the decentralized personal internet networks (DePIN)...
Prisma Finance is up against the siphoning of $12 million
29.3.2024
Prisma Finance, a DeFi protocol that releases stablecoins supported by Ethereum liquid staking and re-staking tokens (LRTs), loses $12 million through a cyber attack. Initially noticed by Cyvers, a company in the field of blockchain safety, the hackers were able to empty the amount of 3,258...
Tencent boosts Sui with cutting-edge Blockchain RPC service!
29.3.2024
Tencent Cloud has developed a new RPC (Remote Procedure Call) service for Sui blockchain developers. The service provides opportunities for these developers. This effort from Tencent, the leading company in the field of cloud services, is focused on accelerating the development and implementation...
Tokenized US Treasury Bonds Hit $1 Billion Milestone on Public Blockchains
29.3.2024
This week, 21.co’s onchain data analyst Tom Wan presented figures revealing that tokenized U.S. Treasury bonds on public blockchains have surpassed the $1 billion mark. The analyst highlighted that Blackrock’s BUIDL experienced significant growth of 400%, escalating from $40 million...
HKVAEX, Linked to Binance, Withdraws License Application from Hong Kong’s SFC
29.3.2024
HKVAEX, linked to the world's largest crypto exchange, Binance, has withdrawn its virtual asset trading platform license application from the Hong Kong Securities and Futures Commission (SFC) post deadline.
The post HKVAEX, Linked to Binance, Withdraws License Application from Hong Kong’s...
Ethena Labs’s Fake ENA token Exploited on Binance Draining $290K: Report
29.3.2024
A fake version of Ethena (ENA) token has been exploited for 480 BNB worth $290,000, on-chain security firm PeckShield flagged on X.
The post Ethena Labs’s Fake ENA token Exploited on Binance Draining $290K: Report appeared first on Cryptonews
Stratis obtains VASP listing from Spain’s central bank
29.3.2024
Stratis obtains a Virtual Asset Service Provider (VASP) listing from Spain’s central bank, The Banco de Espana, following a strict appraisal of its compliance policies. This is about the anti-money laundering regulations. Through this, Startis will be allowed to provide crypto-to-fiat...
AI and Blockchain: Paving the way for a decentralized future
29.3.2024
One of the most potent and expressive technologies of our day, artificial intelligence (AI), is about to undergo a critical phase of decentralization. With leading experts advocating for blockchain integration into AI systems, the question arises: Is the future of AI decentralized? Greater openness...
‘Trust in Authority’ Sustains Popularity of Centralized Exchanges in Latin America, Says Ricardo Da Ros
29.3.2024
According to Ricardo Da Ros, CEO of the crypto platform Patex, many crypto users in Latin America (LATAM) seem to prefer using centralized exchanges (CEXs) over decentralized ones. He attributes this preference to a culture in the region that “has been built on trust in authority.”...
Bybit Launches Regulated Digital Asset Platform for Trading in the Netherlands
29.3.2024
Bybit, one of the world's largest cryptocurrency exchanges by trading volumes, announced the launch of Bybit.nl as a new regulated crypto trading platform in the Netherlands.
The post Bybit Launches Regulated Digital Asset Platform for Trading in the Netherlands appeared first on Cryptonews
TRON Blockchain Accounted for 45% of Illicit Crypto Volume in 2023: TRM Report
29.3.2024
TRM Labs data revealed that 2023 saw illicit crypto volumes drop by a third from $49.5 billion in 2022 to $34.8 billion. However, of all crypto frauds in 2023, TRON blockchain hosted 45%, up from 41% in 2022.
The post TRON Blockchain Accounted for 45% of Illicit Crypto Volume in 2023: TRM Report...
Tether cryptocurrency is moving towards decentralized AI
29.3.2024
Tether plays a leading role in crypto as the issuer of USDT, a stablecoin synced to the US dollar and one of the most used stablecoins. By filling this role, Tether facilitates smooth dealings, which ensures a hassle-free transition from conventional fiat currencies to the crypto sector, which...
$62 Million Munchables Hack: Rogue Developer Returns All Funds, No Ransom Demanded
29.3.2024
Web3 gaming app, Munchables, announced on March 27 that an individual who exploited the system agreed to return the stolen funds without a ransom demand. This announcement came just hours after a former developer siphoned off more than 17,400 ethereum coins by gaining access to the Munchables lock...
Bitwise Files for Spot Ethereum ETF With SEC, Highlights Detailed Correlation Analysis
29.3.2024
Bitwise Asset Management has filed with the U.S. Securities and Exchange Commission (SEC) for a spot ethereum exchange-traded fund (ETF), a move aimed at providing investors with regulated exposure to ether without direct ownership of the cryptocurrency. Bitwise Aims for SEC Approval With Spot...
South Korean Judges Hold Bitcoin and Altcoins, Disclosures Show
29.3.2024
Several senior South Korean judges hold Bitcoin, Ethereum, and altcoins, new public disclosure data revealed on March 28.
The post South Korean Judges Hold Bitcoin and Altcoins, Disclosures Show appeared first on Cryptonews
Blackrock CEO Larry Fink ‘Very Bullish’ on Bitcoin — Hails IBIT ‘the Fastest Growing ETF’ Ever
29.3.2024
The CEO of Blackrock, the world’s largest asset manager, Larry Fink, says he is “very bullish on the long-term viability of Bitcoin.” Noting that he is “pleasantly surprised” by the demand for Blackrock’s spot bitcoin exchange-traded fund (ETF),...
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.
The post Ruling In SBF Case...
CDPR Says Cyberpunk 2077 Has Made $750 Million So Far
28.3.2024
The redemption tour that Cyberpunk 2077 has been on since it was fixed up into a playable state has turned in some huge sales numbers. Developer CD Projekt Red recently revealed that the once-maligned-but-now-refined sci-fi first-person shooter has raked in over $750 million since the game’s...
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.”