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DeFi near-zero onboarding costs can help 1.4B unbanked: 1inch co-founder


Decentralized finance (DeFi) platforms have a major cost advantage over traditional banks when it comes to onboarding new users, according to Anton Bukov, co-founder of decentralized exchange (DEX) 1inch.Speaking at a panel during Dutch Blockchain Week on May 22 in Amsterdam, Bukov said traditional...

DeFi near-zero onboarding costs can help 1.4B unbanked: 1inch co-founder


Decentralized finance (DeFi) platforms have a major cost advantage over traditional banks when it comes to onboarding new users, according to Anton Bukov, co-founder of decentralized exchange (DEX) 1inch.Speaking at a panel during Dutch Blockchain Week on May 22 in Amsterdam, Bukov said traditional...

Feds charge Amalgam founder with stealing $1M via ‘sham’ blockchain


A US grand jury has indicted the founder of blockchain startup Amalgam Capital Ventures over allegations he defrauded investors out of over $1 million with a fake blockchain.Jeremy Jordan-Jones was arrested and indicted on May 21 and charged with wire fraud, securities fraud, making false...

Circle co-founder to create ‘AI-native’ bank after $18M raise


Circle co-founder and Catena Labs CEO Sean Neville has launched a project that aims to develop a financial institution that leverages artificial intelligence natively. On May 20, Catena Labs, the company building an “AI-native financial institution,” announced that it secured...

Circle co-founder to create ‘AI-native’ bank after $18M raise


Circle co-founder and Catena Labs CEO Sean Neville has launched a project that aims to develop a financial institution that natively leverages artificial intelligence. On May 20, Catena Labs, the company building an “AI-native financial institution,” announced that it secured...

Crypto Abduction Threat Spreads to Africa; Ugandan Founder Targeted


The founder of the Ugandan blockchain and crypto education institution Mitroplus Labs was abducted by armed criminals posing as law enforcement. The criminals demanded $500,000 and access to the founder’s cryptocurrency wallets. Crypto Abduction Threat Spreads to Africa On May 17, Festo...

Coinbase data leak could put users in physical danger: TechCrunch founder


A recent data breach at crypto exchange Coinbase has raised concerns about user safety after hackers gained access to sensitive information, including home addresses.Coinbase, the world’s third-largest cryptocurrency exchange, confirmed that less than 1% of its transacting monthly users were...

Russian Court Orders Detention of Crypto Game Co-Founder on Fraud Charges


Russian law enforcement has arrested the co-founder of the crypto game Blum in Moscow as part of a criminal investigation into large-scale fraud. Smerkis Steps Down as Blum CMO Russian law enforcement arrested Vladimir Smerkis, co-founder of the crypto game Blum, in Moscow as part of a criminal...

Russia arrests Blum co-founder Vladimir Smerkis on fraud charges


Vladimir Smerkis, a co-founder of the Telegram-based crypto project Blum, has reportedly been arrested in Moscow, Russia, on fraud allegations, amid Blum confirming he is no longer affiliated with the project.The Zamoskvoretsky District Court of Moscow approved a request from investigators to keep...

Russia arrests Blum co-founder Vladimir Smerkis on fraud charges


Vladimir Smerkis, a co-founder of the Telegram-based crypto project Blum, has reportedly been arrested in Moscow, Russia, on fraud allegations, amid Blum confirming he is no longer affiliated with the project.The Zamoskvoretsky District Court of Moscow approved a request from investigators to keep...

NFT founder stole millions from Bitcoin project, investors allege


Several investors of a non-fungible token (NFT) project, Hashling NFT, have accused its founder of misappropriating millions of dollars in profits from the project and a closely tied Bitcoin mining operation.According to the May 14 court filing in Illinois, the plaintiffs allege that their former...

Solana Co-Founder Anatoly Yakovenko Floats Meta-Blockchain Proposal


Yakovenko stated that this meta-blockchain could improve the state of data availability in the digital space, opening the possibility of posting data wherever and whenever it is cheaper in any of the available chains part of this structure. Solana Co-Founder Calls for the Creation of...

Solana co-founder proposes meta chain to fix blockchain fragmentation


Solana Labs co-founder Anatoly Yakovenko proposed a new data availability solution aimed at tackling persistent fragmentation and lack of interoperability across blockchain networks.In a May 12 post on X, Yakovenko proposed a “meta blockchain,” that could aggregate and order data posted...

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