Growing demand for US dollar-backed stablecoins and regulatory uncertainty in the US are the key reasons for stablecoins thriving in other jurisdictions.
A cryptocurrency promoter was sentenced to 20 years in prison for running a Ponzi scheme that defrauded thousands of investors, particularly in Spanish-speaking U.S. communities. The scheme, disguised as a crypto mining operation, promised guaranteed returns but left victims unable to withdraw funds while promoters pocketed millions. The fraudster was ordered to forfeit over $3.6 […]
Ireland’s finance minister wants to act quickly before the EU enacts strict Anti-Money Laundering legislation.
Ilya Lichtenstein, who stole 120,000 Bitcoin in a 2016 hack on Bitfinex, should receive a reduced sentence of five-years in prison, prosecutors say.
Ilya Lichtenstein, who stole 120,000 Bitcoin in a 2016 hack on Bitfinex, should receive a reduced sentence of five-years in prison, prosecutors say.
Hermetica, the creator of USDH, a Bitcoin-backed, yield-bearing synthetic dollar, has secured $1.7 million in seed funding. The round, led by UTXO Management, will accelerate the development of USDH, a stablecoin that operates on Bitcoin’s layer one (L1) and layer two (L2) networks. USDH Gains Momentum as Hermetica Raises $1.7 Million in Seed Funding According […]
On Wednesday, as bitcoin soared to an intraday peak of $68,388 per coin, a wallet from 2011 suddenly sprang to life after lying dormant for over 13 years, spending 150 BTC, valued at $10.17 million. This latest awakening follows the movement of 100 BTC from a similar 2011 address just two days earlier. Bitcoin Wallet […]
Ancilia accidentally shared a link to a wallet drainer in its attempt to help victims of the $52 million hack on blockchain lending protocol Radiant Capital.
The Donald Trump-backing PAC “Trump 47” has seen millions in crypto-denominated contributions from industry executives since July.
Game developer Fracture Labs accused Jump Trading of using its DIO token to profit millions from a “pump and dump” scheme.
A Zimbabwean professor has highlighted the BRICS New Development Bank (NDB) as a crucial alternative to the International Monetary Fund (IMF), offering better financial terms to developing nations. He emphasized the NDB’s role in helping countries like Zimbabwe escape debt cycles and discussed the introduction of Zimbabwe Gold (ZiG), a currency backed by mineral wealth, […]
Some of the “key goals” of The Surge are to achieve over 100,000 TPS across Ethereum and its layer 2s and to increase interoperability, says Vitalik Buterin.
