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FTX Co-Founder SBF and Inner Circle Accused of Lavish Spending and Fraud in Latest Bankruptcy Report
28.6.2023
On Monday, FTX released a second investigative report accusing co-founder Sam Bankman-Fried and senior executives of commingling customer deposits and corporate funds and misusing them. The report alleges that they spent $243 million on luxury residential real estate for senior staff and family...
Judge Rejects FTX Founder Sam Bankman-Fried's Motions to Dismiss Criminal Charges
27.6.2023
U.S. Judge Lewis Kaplan denied several of Sam Bankman-Fried's motions to dismiss criminal charges against him. He had previously denied the FTX founder's remaining motions to dismiss charges
Report: Swiss Authorities Seize $26 Million in Cryptocurrency Linked to Terraform Labs and Do Kwon
27.6.2023
Law enforcement officials in Switzerland reportedly seized approximately $26 million in bitcoin and other cryptocurrencies, believed to be linked to Terraform Labs and its co-founder, Do Kwon. Local media in South Korea revealed that the funds were confiscated from Sygnum, a crypto bank based...
Anthony Georgiades, Co-Founder of Pastel Network, on the Current NFT Market, NFT Native Blockchains, and the US Economy | Ep. 242
27.6.2023
In an exclusive interview with cryptonews.com, Anthony Georgiades, Co-Founder of Pastel Network, talks about Web3/NFT security, the importance of decentralized storage, and the current state of the NFT market....
Read More: Anthony Georgiades, Co-Founder of Pastel Network, on the Current...
Azuki co-founder announces the launch of the Elementals Collection
27.6.2023
Zagabond, the Co-Founder of Azuki, has announced the launch of the Elementals Collection. The announcement was made during Follow the Rabbit at Hakkasan Las Vegas on June 23, 2023. It is a sister collection to the original 10,000 Azuki non-fungible tokens. The sale for Elementals Collection will...
Six Samurai: Anonymous Developers Seek to Revive Terra Classic Ecosystem
27.6.2023
While the co-founder of Terraform Labs has been sentenced to four months in jail in Montenegro, a team of six anonymous developers have been attempting to revive the Terra Classic ecosystem after its collapse in May 2022. The six programmers, known as the “Six Samurai,” wholeheartedly...
Damus Founder Now Expects Deplatforming From Apple App Store
27.6.2023
Apple cited violations of its in-app purchase guidelines as the primary reason for the delisting, according to Damus founder William Casarin
Tron Founder Justin Sun Unstakes $30M of Ether from Lido, Sends Tokens to Huobi
22.6.2023
Crypto wallets linked to Sun still hold some $543 million in Lido’s stETH token, according to Arkham Intelligence data
Custodia Bank Founder Caitlin Long: ‘The Fed Thinks Only Large Incumbents Should Service Crypto’
22.6.2023
Caitlin Long, the founder of Custodia Bank, has railed against the favoritism that the Federal Reserve and the institutions of the U.S. financial system are supposedly showing to incumbents. According to Long, regulators have applied double standards when permitting established financial...
Privacy Protocols Have Not Gained Traction Because ‘User Experience Hasn’t Been up to Par’ — Namada Co-Founder
21.6.2023
According to Christopher Goes, the co-founder of privacy-focused blockchain Namada, many privacy protocols have not gained traction primarily because “the user experience hasn’t been up to par.” Part of the reason for this is that existing solutions such as Zcash “often require...
De-Risking From China Will Destroy Western Economies, Think Tank Founder Warns
21.6.2023
The founder of a German-based political and economic think tank has cautioned that attempts to de-risk from China “will only lead to the self-destruction of the economies of the West.” She stressed that de-risking policies would hurt their originators more than they could hurt China. The Risks...
Polygon co-founder proposes zkEVM 'validium' upgrade to improve security
20.6.2023
Mihailo Bjelic suggested that adding zero-knowledge proof technology could bolster the network’s security while still keeping fees low
Barney Mannerings, Co-Founder of Vega Protocol, on Crypto Derivatives and Permissionless Market Creation in DeFi | Ep. 240
20.6.2023
In an exclusive interview with cryptonews.com, Barney Mannerings, Co-Founder of Vega Protocol, talks about purpose-built blockchains for DeFi applications, the present + future of crypto derivatives, and permissionless market creation in DeFi. ...
Read More: Barney Mannerings, Co-Founder of Vega...
Terra’s Do Kwon Receives 4-Month Jail Sentence in Montenegro for Counterfeit Passport Usage
19.6.2023
Montenegro’s court has determined that Do Kwon, the co-founder of Terraform Labs, is guilty of using a counterfeit Costa Rican passport. As a result, he has been sentenced to four months in jail for the offense. Do Kwon Sentenced to 122 Days in Prison, Defendant Has 8 Days to Appeal According...
Terraform Labs Co-Founder Do Kwon Found Guilty of Using False Passports in Montenegro Court
19.6.2023
Terraform Labs co-founder Do Kwon was found guilty of using fake passports in a court in Montenegro on Monday.
Kwon along with Terraform Labs’ former Chief Financial Officer Han Chong-joon will serve four months in prison each, according to a statement released by the Podgorica Basic...
Why ZK rollups need data availability - Polygon co-founder
19.6.2023
Zero knowledge rollups hold great promise for scaling blockchains but the technology requires certain provisions to ensure its success
CZ, Binance US Pleased With SEC Deal Despite ‘Unwarranted’ Emergency Relief
19.6.2023
Binance founder Changpeng Zhao (CZ) expressed his satisfaction over the agreement with the U.S. securities regulator preventing the freezing of the exchange’s assets in the United States. The crypto company’s American subsidiary also stated it’s pleased that the SEC’s request for a temporary...
Introducing Ethscriptions: Ethereum’s Take on Inscribed Digital Artifacts
19.6.2023
Amidst the buzz and persistent interest surrounding Bitcoin-derived Ordinal inscriptions, the co-founder of the Capsule 21 podcast introduced Ethscriptions, an analogous innovation that harnesses the power of the Ethereum blockchain. Ethscriptions, as described on the online platform...
Subpoena Evasion: 3AC Asks Court to Fine Kyle Davies $10,000 Daily for Non-Compliance
18.6.2023
In February, it was reported that Kyle Davies, the co-founder of Three Arrows Capital (3AC), faced allegations of evading subpoenas related to the collapse of the defunct Singapore cryptocurrency hedge fund. The current custodians of the 3AC estate are now pursuing a daily fine of $10,000 against...
Cardano Founder Charles Hoskinson Joins Search for Aliens and UFOs
18.6.2023
The founder of Cardano, Charles Hoskinson, has confirmed on Twitter that he is part of an expedition that is searching for a “meteor of interstellar origin” that crashed onto Earth from outer space in 2014.
The United States Department of Defense verified the origin of the meteor back in 2019,...