Vaibhavv Ali
Changpeng Zhao, the former CEO of Binance, will spend four months in prison for not putting in place sufficient anti-money laundering measures at the cryptocurrency exchange. The three-year sentence that the prosecutors had sought for what they believed to be a serious breach of the Bank Secrecy Act (BSA) is significantly shorter than the one … Read more
After hosting an unprecedented 24-hour, 12-segment ICP Global Community Townhall on “X” that garnered over 1.5 million viewers, Internet Computer (ICP) has revealed audacious aspirations for widespread adoption. Building on its impressive progress from the previous year, Internet Computer presents its ground-breaking “ICP HUBS” adoption approach, which has the potential to significantly increase adoption worldwide. … Read more
Matera aims to expand the creative economy by raising $3.6 million to combine DeFi with social media. In order to strengthen the creative economy, Web3 business Matera has raised $3.6 million to integrate decentralized finance (DeFi) with contemporary social media. This funding, according to a news release from CryptoSlate, aims to answer the problem of … Read more
The National Crime Agency (NCA) and police in the United Kingdom now have more jurisdiction to deal with bitcoin used for illegal purposes. This includes the ability to “seize, freeze, and destroy” digital assets related to cryptocurrency. The new rules will eliminate the UK law enforcement requirement to make an arrest before seizing cryptocurrency holdings. … Read more
MilkyWay, a liquid staking protocol, has raised millions of dollars following the completion of a seed fundraising round that Polychain Capital and Binance Labs jointly managed. With more than 150,000 users, MilkyWay is the first liquid staking protocol for Celestia’s modular ecosystem, having launched in December 2023. More than ten decentralized finance (DeFi) applications are … Read more
Following the April 19 Bitcoin halving, the price of BTC has not been able to continue its upward trend; yet, the network has not stopped producing transactions and headlines. A significant portion of this activity has been attributed to Bitcoin Runes, a technology developed by Ordinals inventor Casey Rodarmor that became operational after the halving. … Read more
Mr. Huber, a well-known figure in the crypto community, believes that ConsenSys’ recent court filing requests are excessive. A corporation and its subsidiaries would not be granted a general and permanent lifetime free pass against the SEC’s securities investigations, as Mr. Huber pointed out in a recent piece. In addition, the cryptocurrency specialist emphasized that … Read more
The memecoin BONKKILLER, which was founded in Solana, has amassed an astounding $327 trillion in market valuation. When this memecoin was introduced on April 29, it garnered notice since its value exceeded the GDP of all of the countries combined. The Meme Coin Cannot Be Sold by BONKKILLER Holders The coin experienced about $4.24 million … Read more
Animoca Brands, a Hong Kong-based developer of game software, is joining the Bitcoin BTC market by supporting the Opal Foundation, a fresh take on the Bitcoin ecosystem protocol. On April 30, Animoca Brands announced on X that the company is “coming to Bitcoin” and revealed its lofty goals of creating the “largest Web3 ecosystem” for … Read more
Experts caution that more rules are required in light of Venezuela’s projected transition to digital currency. According to Reuters, the development coincides with Venezuela’s national oil corporation PDVSA increasing the usage of digital currency for fuel and crude oil exports. This choice was made in response to the Biden administration’s decision not to renew a … Read more