Industry
Crypto Biz: Mastercard Opens Network to USDC, OKX Leaves Canada, Bitcoin Climbs
Banking turmoil and regulatory crackdowns across the globe have not slowed down the continued convergence of traditional finance and decentralized finance (DeFi).Seth Rowden$4M 'Exit Scam' Suspected as Kokomo Finance Goes Unnoticed, Token Plunges
Optimistic lending protocol Kokomo Finance is involved in a $4 million “exit scam” in which user funds were withdrawn from the platform through smart contract vulnerabilities.Seth RowdenHong Kong cryptocurrency firm sees interest from Chinese banks
Cryptocurrency companies established in Hong Kong have reportedly found some unexpected allies in the region Chinese state-owned banks ahead of the introduction of a new cryptocurrency exchange licensing regime in June.Seth RowdenU.S. explores additional bank support, benefits First Republic
U.S. authorities are reportedly considering "extending" the bank's emergency credit line, which could give First Republic Bank a time buffer to fix its balance sheet, according to people familiar with the matter.Seth RowdenDo Kwon reportedly appeals court decision to extend detention
Terraform Labs co-founder Do Kwon will reportedly appeal a court decision to extend his detention for up to 30 days after he was arrested in Montenegro for attempting to use forged documents.Seth RowdenTitanium Blockchain CEO Behind BARs ICO Fraud Gets 4 Years in Jail
The CEO of California-based Titanium Blockchain has been sentenced to four years in prison - ending a 2018 initial coin offering (ICO) saga that robbed investors of $21 million.Seth RowdenFashion Model Gisele Bündchen Explains Why She Invested in FTX
Brazilian supermodel Gisele Bündchen said her financial advisor prompted her to invest in now-bankrupt exchange FTX, describing it as "a nice golden" opportunity.Seth RowdenBitzlato restores partial access to BTC Holdings after 2-month shutdown
Cryptocurrency exchange Bitzlato enables customers to withdraw up to 50% of bitcoin funds stranded at the venue.Seth RowdenBulgarian Members of Crypto Scam OneCoin to Face Justice in US
U.S. authorities charged Irina Dilkinska, formerly head of legal and compliance at OneCoin, for her role in the notorious crypto scam and deported her from Bulgaria to the U.S.Seth RowdenSushi Seeks $3M USDT Defense Fund After SEC Subpoena
Jared Gray the “chef” (CEO) of automated market maker Sushi Swap is trying to build a $3 million legal defense fund after being subpoenaed by the U.S. Securities and Exchange Commission (SEC).Seth RowdenArbitrum Airdrop: Hacked Vanity Address Used to Raise $500,000
Hacked vanity addresses have reportedly been used to steal $500,000 worth of tokens from layer 2 scaling solution Arbitrum’s March 23 airdrop.Herman HayesCoinbase Begins Donating to Pro-Cryptocurrency Candidates in US Election
Coinbase CEO Brian Armstrong said the exchange intends to begin donating to pro-cryptocurrency candidates in the U.S. election. Additionally, the statement comes a day after the company received Wells' notice from the U.S. Securities and Exchange Commission (SEC).Herman HayesDogecoin (DOGE) Launches New Upgrade to Improve Accessibility for Non-Developers
The original meme coin took a big step forward in its mainstream adoption. Specifically, Dogecoin (DOGE) has introduced a new upgrade to greatly improve accessibility for non-developers, creating a superior experience for potential users.Herman HayesEl Salvador's president prepares bill to repeal tech tax
El Salvador's President Nayib Bukele said on Thursday he would submit a bill to the country's Congress next week to eliminate taxesHerman HayesTelegram Launches USDT Stablecoin Payments
Telegram users can now send each other Tether's stablecoin. In a Wednesday announcement, the messaging app informed its customers that the wallet function now supports USDT-TRON, also known as TRC20.Herman HayesComplex Ethical Relationships in Web3: PBW 2023
The adoption of Web3 in mainstream industries has already begun to raise questions about the ethics required to operate in this space.Herman HayesInvestors have more to do to ensure Web3 success: PBW2023
A group of Web3 professionals took to the main stage of Paris Blockchain Week 2023 to discuss how Web3 is a game changer for startups and investors.Herman HayesArbitrum aims to empower its community by issuing a governance token
Arbitrum, a leading contender in Ethereum Layer 2 scaling solutions Recently announced the launch and airdrop of its native governance token ARB.Herman HayesWeb2 giants entering Web3 could benefit ecosystem - PBW founder
Paris Blockchain Week (PBW), the annual event for professionals in the blockchain industry, has kicked off its fourth edition, bringing together industry leaders and entrepreneurs from around the world to discuss the latest trends and developments impacting the digital asset space .Herman HayesCrypto FUD' - White House Report Slams Crypto, Industry Outrages
Cryptocurrency executives expressed anger over the latest White House economic report which in particular devoted an entire chapter to questioning the value of digital assets.Herman Hayes
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- 5CZ: compared with the record high nine months ago, the current situation of the industry is much better
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