Former FTX Boss Ryan Salame Gives up $5.9M Bahamas House
Former co-CEO of FTX Digital Market Ryan Salame is to transfer a $5.9 million house he owns in the Bahamas to settle criminal charges. In a filing, the U.S. Bankruptcy Court for the District of Delaware said, Salame the former co-CEO
Here’s Why Binance’s Changpeng Zhao Got a ‘Pretty Light’ 4-Month Prison Sentence
Binance founder Changpeng Zhao received a far more lenient prison sentence than anticipated at his Seattle court hearing on Tuesday. Zhao pleaded guilty to money laundering violations late last year. But the judge ultimately imposed a mere four months of prison
Sen. Warren Warns US Military Officials, Claims Iranian Crypto Mining Supports Terrorism
US Senator and highly vocal crypto critic, Elizabeth Warren, has claimed that Iranian crypto miners have terrorist ties including Hamas. In an open letter dated May 1, Sen. Warren and Sen. Angus King Jr. have together warned that this “ongoing activity
ENS Takes Legal Action Over Unstoppable Domains’ Blockchain Naming Patent
Ethereum Name Service (ENS) has petitioned the United States Patent and Trademark Office (USPTO) to challenge a blockchain naming patent held by Unstoppable Domains (UD). According to a series of posts ENS published on social media, UD obtained a patent for
Worldcoin Price Prediction as WLD Closes in on $5 – Is It Time To Buy?
WLD has jumped by 5% in the past 24 hours, with the Worldcoin price moving to $4.74 as the cryptocurrency market enjoys another day of recovery today. Despite this lift, Worldcoin remains down by 1% in a week and by 32%
Tether Partners With Chainalysis to Monitor Transactions and Combat Illicit Activity
Tether, the issuer of the world’s largest stablecoin, said it has teamed up with the blockchain data platform Chainalysis to monitor secondary market activity and combat illicit activity. In an announcement, Tether which issues the cryptocurrency “USDT” pegged to the U.S. dollar,
Block to Reinvest 10% of Profits into Bitcoin Each Month
Jack Dorsey-led Block announced plans to allocate 10% of profits from its Bitcoin products toward buying more of the cryptocurrency each month, its quarterly report published Thursday showed. Block was one of the first public companies to add Bitcoin to its
Paragraph Raises $5 Million, Acquires Web3 Blogging Platform Mirror
Paragraph, a web3 publishing startup, has secured $5 million and taken over the blogging platform Mirror. According to a recent announcement by Mirror Development, the new funding round was led by Coinbase Ventures and Union Square Ventures. Paragraph is set to
Iran and Russia Working on Bilateral CBDC-powered Trade Solutions
Iran and Russia are working on CBDC and “digital financial asset” (DFA)-powered trade solutions, an Iranian official has confirmed. Speaking to the Russian media outlet Izvestia, Rahimi Mohsen, the trade attaché of the Iranian Embassy in Russia, said that “nations” were
Neo Price Prediction as NEO Token Slips 2.3% Despite Market Rebound – Can NEO Reach $20?
Neo Price Prediction as NEO Token Slips 2.3% Despite Market Rebound – Can NEO Reach $20? / Source: TradingView The Neo (NEO) price is in focus as the cryptocurrency slips despite a broader market rebound, and as it tests a key