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Polygon Overtakes the BNB chain in daily transactions every week
26.12.2022
The year ends on a great note for Polygon as the platform has overtaken BNB Chain for the second time in 2022. According to the latest reports, Polygon has surpassed BNB Chain in daily transactions every week. The exchange has noted over 3 million transactions daily, and the primary reason behind...
Alameda Research's Sam Trabucco Emerges in FTX Scandal: What Role Did He Play?
25.12.2022
The spotlight has turned on Alameda Research’s former co-CEO Sam Trabucco as evidence shows he might have played a key role in the FTX scandal.
Trabucco, who was the co-CEO of Alameda along with Caroline Ellison until August 2022 when he stepped down from the role of CEO, has come under...
Jim Cramer: "I Wouldn't Touch Crypto in a Million Years" – Mad Money Host Urges SEC to Crack Down
25.12.2022
CNBC's Mad Money host Jim Cramer has lashed out at crypto investors once again, saying he wouldn't get involved with it "in a million years."
In an interview on Friday, Cramer spoke out against crypto market participants who hold various crypto assets like Solana and Litecoin, calling them...
New Report: North Korea has Stolen In Excess of $1 Billion Worth of Crypto Assets
24.12.2022
Hackers sponsored by the North Korean government have stolen over $1 billion worth of digital assets since 2017.
South Korea’s main spy agency, the National Intelligence Service, has revealed that North Korean hackers have stolen an estimated 1.5 trillion won ($1.2 billion) in crypto assets over...
CEO of FTX Sister Company Caroline Ellison Confesses to Misusing Customer Funds – Here’s What You Need to Know
24.12.2022
Former Alameda Research CEO Caroline Ellison has agreed to plead guilty to seven offenses, which include charges of wire fraud, securities fraud, and money laundering. Meanwhile, the CFTC has claimed that she "gambled Alameda customer money."...
Read More: CEO of FTX Sister Company Caroline Ellison...
ShareRing Vault is a digital pass for users in need of instant verification
24.12.2022
Privacy is inviolable. It is held so dearly, and the law provides for this human right’s preservation. The quest to ensure everyone’s right to privacy is upheld forms the core of crypto and blockchain. Every batch of transactions in the blockchain is inherently private. Only authorized...
FTX Co-Founder Sam Bankman-Fried Posts $250 Million Bond, Will Remain Under House Arrest – Where is the Money From?
23.12.2022
Disgraced former FTX CEO Sam Bankman-Fried has been released from jail after posting a $250m bond in a New York court.
The bond was paid for partly by Bankman-Fried’s parents, Standford law professors Joseph Bankman and Barbara Fried, putting up the equity in their California home. However, facts...
SEC's Munter: Investors Should Proceed with Caution on Crypto Proof-of-Reserve Audits
23.12.2022
The United States Securities and Exchange Commission (SEC) has issued a warning regarding audits of cryptocurrency companies, saying that investors should be “very wary” about relying on a company’s proof-of-reserves.
In a recent interview with the Wall Street Journal, Paul Munter, the SEC’s...
Popular Crypto Forecaster Scott Minerd of Guggenheim Partners Passes Away Unexpectedly
23.12.2022
Scott Minerd, the chief investment officer of the multinational investment company Guggenheim Partners and a popular crypto forecaster, has died.
In a press release on Thursday, the company confirmed the news, saying that Minerd, 63, suffered a heart attack during his regular workout...
Oryen Network (ORY) dApp looking better than anything on Cardano (ADA) Network so far, Presale live now
22.12.2022
While most people know of Ethereum as the go-to blockchain for dApps, Cardano has been working hard to take the mantle from them. Thus far, over 1000 dApps reside on the blockchain. However, many of those dApps have been a disappointment; they do not offer anything new that users could not find...
Official: Sam Bankman-Fried Enters FBI Custody and Set to Appear in Front of US Judge as Associates Ellison and Wang Turn on Him
22.12.2022
Sam Bankman-Fried (SBF), the disgraced founder of crypto exchange FTX, has been extradited to the United States and is set to appear before a judge on Thursday.
The court appearance is expected to take place on Thursday afternoon at a Manhattan federal court. According to a New York Post report...
Superfluid is now live on Ethereum Mainnet
22.12.2022
Superfluid, the leading asset streaming protocol, took to Twitter to announce its collaboration with Ethereum Mainnet. Superfluid has been experimenting for two years across six L2s: Arbitrum, Avalanche, Binance Smart Chain, Gnosis Chain, Optimism, and Polygon. With the help of a strong ecosystem...
Polygon reaches out to the community to join the testnet
22.12.2022
Researchers who happen to be with Polygon have reached out to the community to gain their active involvement, so far as the testnet is concerned. However, this happens to be a step under the fundamental characteristic of Ethereum, which has always looked to collective contribution on all important...
One of the Largest Bitcoin Mining Firms Just Filed For Bankruptcy – Here’s What it Means for the Crypto Industry
22.12.2022
Core Scientific, one of the largest Bitcoin mining companies, has filed for bankruptcy amid plunging cryptocurrency prices and skyrocketing energy prices, becoming the latest victim of the ongoing crypto winter.
On Wednesday, the firm filed for Chapter 11 bankruptcy protection in Texas....
Binance Joins Executive Committee of U.S. Blockchain Industry Lobby Group - Here’s Why it Matters
21.12.2022
Binance, the world’s largest crypto exchange by trading volume, has joined the Chamber of Digital Commerce in a move that is expected to boost its lobbying power over new crypto regulations.
Per a blog post published by Binance on Tuesday, the move to join the Chamber is part of an effort to “move...
Extradition Papers Signed: Sam Bankman-Fried, Founder of FTX, to Return to US for Charges
21.12.2022
Sam Bankman-Fried, the disgraced founder of collapsed crypto exchange FTX, has signed extradition papers, agreeing to be extradited to the United States.
According to a report by ABC News, Bankman-Fried signed the papers to waive an extradition hearing from the Bahamas after the crypto boss...
FTX Aims to Retrieve Sam Bankman-Fried's Political Donations Worth Tens of Millions
20.12.2022
The collapsed crypto exchange FTX has started work to claw back money paid as political donations as part of its bankruptcy proceedings in the US.
The donations, which were made at the direction of FTX founder and former CEO Sam Bankman-Fried, amounted to hundreds of millions of dollars, several...
Binance.US Announces $1 Billion Acquisition of Bankrupt Crypto Company Voyager Assets – This is What You Need to Know
20.12.2022
Binance.US, the American franchise of the global crypto exchange Binance, will buy up remaining assets from the now-bankrupt crypto lender Voyager Digital as part of a newly announced and surprising deal.
The deal between the two companies values Voyager at about $1bn, and means that Binance.US...
Visa experts march ahead with new innovative ways to strengthen Web3 & Blockchain
20.12.2022
In the present scenario, Visa has deployed a team of professional engineers and researchers who are actively engaged in putting their minds together to closely study matters related to the foundations of the different blockchains. Part of the research and analysis is based on facts related...
Legendary ‘The Big Short’ Investor Michael Burry Believes Binance Crypto Exchange Audit Is Meaningless – Here's Why
19.12.2022
Audits of Binance and other crypto exchanges are “essentially meaningless” since auditors don’t know how to deal with crypto, according to Michael Burry, the legendary investor who inspired the movie ‘The Big Short’.
According to Burry, this is the same problem as he was facing himself in 2005...