Artificial intelligence has been one of the hottest topics in the cryptocurrency industry (and well beyond it) for more than a year now, and many teams are looking for ways to leverage their tech stack and build off of AI. Charles Hoskinson, the founder of Cardano, recently took to X to share his thoughts on […]
Cardano Founder Charles Hoskinson Speaks Up on Which is the Best Blockchain for AI Read More »
The US Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) charged Nader Al-Naji with orchestrating a multi-million-dollar fraudulent crypto asset scheme involving the social media platform BitClout and its native token BTCLT. The securities regulator’s complaint revealed that Al-Naji raised over $257 million through unregistered offers and sales of BTCLT in November
BitClout Founder Al-Naji Faces Charges Over $257 Million Fraud Scheme Read More »
On July 18, Judge Eric Vitaliano sentenced the founder of the Bitzlato cryptocurrency exchange to 18 months, the time he had already served, for running an unlicensed money-transmitting business. Anatoly Legkodymov pleaded guilty last year to running an operation that facilitated the concealment of over $700 million in proceeds from illegal gambling and drug transactions.
Bitzlato Founder Sentenced to Prison for Facilitating Money Laundering Read More »
Sam Kazemian, founder of Frax Finance, has alleged that an inside job at X was responsible for the hack of the project’s official account. The breach, which occurred on June 1, led to the decentralized stablecoin protocol behind FRAX USD losing access to its X account. In a Telegram post dated June 3, Kazemian mentioned
Frax Finance Founder Claims Inside Job at X Resulted in Account Hack Read More »
MicroStrategy founder Michael Saylor has sold up to 370,000 shares of his brainchild over the past four months. This follows his entry into a stock-sale agreement with the company last year. Under the agreement, he has the authorization to unload up to 400,000 shares until April of this year. Saylor to Offload 400,000 Shares Michael
MicroStrategy Founder Michael Saylor Nets $370M From MSTR Sales Read More »
Bitcoin Layer 2 solutions have gained significant traction this year but have also drawn their fair share of criticisms. Mempool founder Mononaut has strongly criticized them and pointed out several drawbacks from a technical standpoint. Interestingly, Mononaut’s stance gains support as Bitcoin Ordinals founder Casey Rodarmor. Bitcoin Layer 2 Under Fire The main objective of
Mempool Founder Mononaut Raises Red Flag Over Bitcoin Layer 2 Implementations Read More »
Charlotte Fang, the founder of Milady and Remilia, acknowledged a security breach after millions of dollars worth of Ether and Non-fungible tokens (NFTs) were moved to a wallet engaged in asset liquidation. The incident highlights the escalating issue of hacks and security vulnerabilities within the crypto sector, especially affecting decentralized finance (DeFi) platforms. Remilia Treasury
Milady Founder Acknowledges Hack After Loss of Millions in ETH and NFTs Read More »
Last updated: February 16, 2024 14:13 EST | 1 min read XCAD Network founder Oliver Bell defended Youtuber KSI on February 15 after the content creator was accused of performing a pump-and-dump scam with several of his digital asset tokens, including XCAD. In an X post, Bell noted that KSI – whose real name is
XCAD Founder Jumps to KSI’s Defense Amid Pump and Dump Allegations Read More »
Hayden Adams, the founder of Uniswap, took to social media to alert the crypto community about a new wave of scams targeting users through deceptive user interfaces (UIs) in crypto wallets. Adams’ warning sheds light on how scammers are leveraging fake clones of Ethereum Name Service (ENS) domains to deceive users and potentially siphon funds.
Uniswap Founder Cautions Against Fake ENS Domain Scams Read More »
China’s Supreme Procuratorate has dealt a significant blow against illegal cryptocurrency operations by sentencing Zhao Dong, the founder of RenrenBit and a minor shareholder of Bitfinex, to a seven-year prison term. The prominent crypto figure faced charges for running illegal business operations and engaging in unauthorized foreign exchange trading. This move underscores China’s continued crackdown
RenrenBit Founder Sentenced in Prison as China Cracks Down on Crypto Activities Read More »
