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Ripple Lead Engineer Leaves After 10 Years at the Firm – What's Going On?


Software engineer and cryptographer Nik Bougalis has announced that he is leaving Ripple after nearly 10 years at the firm.  Joined a growing list of crypto leaders who are leaving their executive roles in the industry amid the ongoing crypto crash, Bougalis said in a Saturday tweet that his role...

Two Americans Jailed for Stealing $330,000 in Crypto by ‘Sim-Swapping’


Two men from Massachusetts, USA, were sentenced last week for what's been described as "an extensive scheme" to take over victims’ social media accounts and steal some $330,000 in cryptocurrency using SIM swapping and computer hacking, among other methods.... Read More: Two Americans Jailed...

Chainalysis: Stablecoins Used to Fight Devaluation and Inflation in Latam


According to Chainalysis, a crypto auditing and blockchain tracking firm, the use of dollar-pegged stablecoins is growing in Latam, specifically in Argentina and Venezuela, due to the common economic problems that both countries are facing. 34% of the “small” transactions include...

Bankruptcy Court Approves FTX Purchase Agreement for Voyager Assets


Major crypto exchange FTX has secured the approval of a U.S. bankruptcy court to take over the assets of troubled crypto platform Voyager Digital.  In a statement, the platform said the U.S. Bankruptcy Court for the Southern District of New York decided to approve Voyager Digital’s “entry into...

New Report: Web3 Can Add $1.1 Trillion to India GDP


The Web3 industry can add as much as $1.1 trillion to India’s GDP by 2032, a new report from the Indian tech industry association Nasscom has shown. The massive value-add to the economy will come as India continues on its path as a leading global player for Web3, both on the development...

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