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August 24, 2023
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Cypher announces recovery plan, says it will ‘socialize’ losses in initial stage

Cypher announced that losses from its exploit will be distributed among users in an initial stage, then compensated through protocol revenue when the platform relaunches.   […]
August 24, 2023
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Crypto entrepreneur faces potential prosecution in Israel related to $290M scam: Report

The police force of Israel reportedly recommended to prosecutors that Moshe Hogeg be charged with fraud, theft, and money laundering and sex crimes.   Israeli entrepreneur […]
August 24, 2023
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‘The race is on’ for AI: Nvidia CEO bullish as Q2 revenue crushes estimates

Nvidia shares soared nearly 10% in after-hours trading, as the company beat Wall Street analyst expectations by more than $2 billion.   Shares of chip-making giant […]
August 23, 2023
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Crypto amplified financial risks in emerging markets: BIS papers

The central banks of the United States, Canada, Mexico and Brazil have pointed out the risks of crypto but warned against excessively prohibitive laws.   The […]
August 23, 2023
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Chinese official sentenced to life in prison for Bitcoin mining, corruption

Xiao Yi was accused of abuse of power and corruption in operating a $329 million Bitcoin mining enterprise.   China’s uncompromising stance on illicit cryptocurrency operations […]
August 23, 2023
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BlockFi argues FTX, Three Arrows Capital aren’t entitled to repayments

BlockFi argues its creditors, not FTX’s, are the “ultimate victims” of FTX’s alleged fraud.   The insolvent cryptocurrency lender BlockFi is striving to obstruct efforts from […]
August 22, 2023
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Coin Center responds to US lawmakers’ request for crypto tax guidance

The crypto advocacy group’s suggestions included a de minimis exemption for crypto transactions and having the IRS provide guidance on block rewards, airdrops and hard forks. […]
August 22, 2023
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Central African Republic expands Sango project to land, resource tokenization

Asset tokenization has been in the works for a year. The ambitious project has also included investor citizenship and an island in the metaverse.   The […]
August 22, 2023
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AI unlikely to destroy jobs, but cost to certain workers may be ‘brutal’ — UN study

The International Labour Organization study says that AI will more likely augment jobs than destroy them, though certain roles could be at more risk than others. […]
August 21, 2023
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Friend.tech generates over $1M fees in 24h, surpassing Uniswap, Bitcoin networks

Launched in beta on Aug. 11, the platform allows users to tokenize their social network by buying and selling “shares” of their connections.   Recently launched […]
September 29, 2023
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Ripple pulls back from Fortress acquisition 20 days after announcement

Ripple CEO Brad Garlinghouse shared the news on X, saying it will remain an investor in Fortress Trust.   Ripple has withdrawn from its announced acquisition […]
September 29, 2023
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PayPal applies for NFT marketplace patent for on- or off-chain asset trading

PayPal’s proposed NFT purchase and transfer system would handle fractionalization, DAOs and royalties through a third-party provider.   PayPal is taking significant steps towards establishing its […]
September 29, 2023
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Median Web3 developer salary stands at $128K in 2023

In a recent Pantera survey, less than 2% of respondents said they worked full time in an office setting, with the rest working at least partially […]
September 29, 2023
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Google and Goldman Sachs-backed AI firm AlphaSense raises $150M at $2.5B valuation

AlphaSense’s client list now includes most of the S&P 500 and nearly every firm listed in the Dow 50.   AlphaSense, a B2B AI platform focusing […]
September 29, 2023
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Exchanges federation touts crypto trading regulation, integration with TradFi

The World Federation of Exchanges, whose members handled $140 trillion in trades in 2022, has some concerns as its members adopt DLT.   The World Federation […]
September 29, 2023
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Buenos Aires to issue blockchain-based digital ID

The first documents available on-chain in Buenos Aires will include birth and marriage certificates, along with proof of income and academic verification.   Buenos Aires, Argentina’s […]
September 29, 2023
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3 reasons why Bitcoin miners are selling BTC – and why it’s not capitulation

Crypto market analysts tend to interpret Bitcoin miners selling their rewards as bearish, but miners countered this logic at the recent Bitmain WDMS conference.   Bitcoin […]
September 28, 2023
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Former CEO of sham crypto miner IcomTech pleads guilty to wire fraud for Ponzi scheme

Former IcomTech head Marco Ochoa is the latest crypto fraudster to face charges.   Marco Ochoa entered a guilty plea for a single count of conspiracy […]
September 28, 2023
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Crypto exchange Kraken plans move into US stock trading: Report

The firm reportedly acquired a broker-dealer license from the U.S. Financial Industry Regulatory Authority as part of the expansion plan.   Kraken, a notable cryptocurrency exchange, […]

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