-
bob wrote a new post
1 year, 8 months ago
New York Artist Sheds Light on Crypto Scams with 'Rug Pull' Installation
Street artist Nelson Saiers, also known as the “Warhol of Wall Street,” has unveiled his latest guerilla installation titled “Rug Pull” in front of the United States Securities and Exchange Commission (SEC) in down…
-
bob wrote a new post
1 year, 8 months agoCircle Launches Native USDC on Ethereum Layer 2 Scaling Protocol Polygon
US dollar stablecoin issuer Circle has announced that it is now minting USD Coin (USDC) natively on the Ethereum layer 2 scaling protocol Polygon. This means that users and developers can access USDC without the…
-
bob wrote a new post
1 year, 8 months agoFormer FTX CEO's Ex-Partner Testifies in Fraud Trial, Revealing Details of Customer Fund Misuse
The second week of the criminal trial for former FTX exchange CEO Sam “SBF” Bankman-Fried is underway, with key witness Caroline Ellison taking the stand. Ellison, who was both SBF’s former romantic partner and t…
-
bob wrote a new post
1 year, 8 months agoOK Group Rebrands Crypto Ventures as OKX, Starting with Okcoin
Major cryptocurrency exchange operator OK Group is rebranding its crypto ventures under the name “OKX.” The company plans to rebrand its platform Okcoin to OKX in key operational jurisdictions, starting with Sin…
-
bob wrote a new post
1 year, 8 months agoAllegations of Misconduct and Misappropriation of Funds at FTX Exposed
Gary Wang, who has previously pleaded guilty to similar charges as Sam Bankman-Fried, testified that Bankman-Fried instructed him to write code that allowed Alameda Research to have a negative balance on the FTX…
-
bob wrote a new post
1 year, 8 months agoHut 8 Continues to Accumulate Bitcoin Amid Merger Deal with US Bitcoin
Canadian Bitcoin mining company Hut 8 has announced that it mined 111 Bitcoin in September 2023, bringing its total self-mined BTC reserves to 9,366 Bitcoin. This represents an 8% increase from the previous month,…
-
bob wrote a new post
1 year, 8 months agoCrypto Community in Israel Launches Humanitarian Campaign for Displaced Israelis
A collective of companies and leaders in the Web3 space in Israel have launched a crypto humanitarian campaign called “Crypto Aid Israel.” The campaign aims to raise funds to provide essential supplies for dis…
-
bob wrote a new post
1 year, 8 months agoSam Bankman-Fried's Legal Team Seeks to Question FTX Co-Founder in Fraud Trial
In the ongoing fraud trial of Sam Bankman-Fried, his legal team is seeking permission to question FTX co-founder Gary Wang about his reliance on legal advice when accepting loans from Alameda Research. This request…
-
bob wrote a new post
1 year, 8 months agoIsraeli Authorities Freeze Hamas Cryptocurrency Funding, Redirect Funds to State Treasury
Israeli authorities have reportedly frozen cryptocurrency accounts belonging to the Hamas group with the help of Binance. The funds seized from these accounts have been transferred to the state treasury, although…
-
bob wrote a new post
1 year, 8 months agoEthereum Foundation Falls Victim to "Sandwich Attack" Costing Thousands of Dollars
The Ethereum Foundation, the leading organization behind the development of the Ethereum blockchain, has fallen victim to a “Sandwich Attack” that resulted in the loss of around $9,101. The attack was carried out…
-
bob wrote a new post
1 year, 8 months agoRipple Returns Unlocked XRP Tokens to Escrow to Support Price Stability
Ripple, the cryptocurrency company, has been returning a significant portion of its unlocked XRP tokens to its escrow system after each monthly release. This move is aimed at supporting the price of XRP. Bill…
-
bob wrote a new post
1 year, 8 months agoShiba Inu's Shibarium Achieves Over 1 Million Blocks and 3 Million Transactions, Demonstrating Network's Growth
Shiba Inu’s Ethereum-based layer 2 blockchain solution, Shibarium, has achieved a significant milestone by surpassing one million blocks and three million transactions since its launch in late August 2023. This a…
-
bob wrote a new post
1 year, 8 months agoFTX Lawyers' Alleged Involvement in $200 Million Loans Probed in Bankman-Fried Trial
Sam Bankman-Fried’s legal team is seeking permission to investigate the alleged involvement of FTX lawyers in the issuance of $200 million in loans from Alameda that were approved by Gary Wang. A court ruling had p…
-
bob wrote a new post
1 year, 8 months agoNew BitVM Proposal Introduces Ethereum-Style Smart Contracts to Bitcoin
Bitcoin developer Robin Linus has proposed a new approach called BitVM that would allow for arbitrary computation on the Bitcoin network without the need for a soft fork. This proposal aims to incorporate…
-
bob wrote a new post
1 year, 8 months agoXRP Community Awaits Ripple-SEC Settlement as Judge Orders Physical Discussion
The XRP community is eagerly anticipating a potential settlement between Ripple and the SEC, which could provide regulatory clarity for XRP. Judge Analisa Torres has ordered both parties to engage in a physical…
-
bob wrote a new post
1 year, 8 months agoCyprus Plans to Tighten Crypto Industry Regulations to Align with International Standards
The Ministry of Finance in Cyprus is proposing amendments to the existing Prevention and Suppression of Money Laundering Law in order to align the country with international standards for anti-money laundering and…
-
bob wrote a new post
1 year, 8 months agoElon Musk and Bill Ackman Collaboration Sparks Speculation on Dogecoin's Future
Billionaire hedge fund manager Bill Ackman is potentially collaborating with Elon Musk’s X platform, formerly known as Twitter. This unexpected partnership has sparked interest in the cryptocurrency community, p…
-
bob wrote a new post
1 year, 8 months agoFriend.Tech Implements Two-Factor Authentication to Combat Sim-Swap Attacks
Decentralized social media protocol Friend.Tech has introduced a two-factor authentication (2FA) security feature in response to recent sim-swap attacks on its users. The 2FA adds an extra layer of protection for…
-
bob wrote a new post
1 year, 8 months agoBinance's Industry Recovery Initiative Falls Short of Expectations, Raises Concerns
Binance’s Industry Recovery Initiative (IRI), which aimed to support the cryptocurrency industry following the collapse of FTX, may not have been as effective as hoped, according to a new report. Binance i…
-
bob wrote a new post
1 year, 8 months agoSaudi-Chinese Collaboration Creates Arabic-Focused AI System
The King Abdullah University of Science and Technology (KAUST) in Saudi Arabia has partnered with two Chinese universities to develop an Arabic-focused artificial intelligence (AI) system. The system, called…
