Binance exec legal battle escalates amid US-Nigeria tug of war
In a statement to the press, Gambaryan’s wife expressed her confusion about why the Economic and Financial Crimes Commission will not release her husband after a court cleared him of tax evasion charges.
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Researchers Claim 99.9% of Zcash Transactions Are Traceable
Researchers from Carnegie Mellon University have released a study into the privacy features of Monero (XMR) and Zcash (ZEC) — arguably the two most-popular crypto assets purporting to offer users anonymity.The report finds that Monero’s introduction of strict security and anonymity requirements on its broader ecosystem has maintained the asset’s status as “effectively untraceable.”Transversely, the…

Judge to hear Sam Bankman-Fried’s defense against 4M pages of newly released evidence
Judge Lewis Kaplan ordered the government to respond to Bankman-Fried's counsel concerning appropriate access to discovery materials, as well as a request barring prosecutors from using new evidence. 98 Total views 4 Total shares A federal judge will hear Sam Bankman-Fried's defense argument against a newly released batch of evidence provided by the U.S. Department…

Bitcoin wipes nearly a week of gains in 20 minutes, falling under $41K
The price of Bitcoin suddenly dropped 6.5% to fall below $41,000 on Dec. 11, wiping out around five days of gains. 1904 Total views 38 Total shares The price of Bitcoin (BTC) briefly fell below $41,000 following a sudden 6.5% drawdown from $43,357 to as low as $40,659 in just 20 minutes at 2:15am on

Major Polish Insurance Company Taps Blockchain for Its Paperwork
Polish insurance company Link4 teams up with blockchain startup Coinfirm to use a DLT-powered tool for document management. 3020 Total views 41 Total shares Polish insurance company Link4 has partnered with a regtech firm Coinfirm to streamline document correspondence and storage with a blockchain-based system.Called Trudatum, the blockchain-enabled tool developed by Coinfirm reportedly allows the…

Lawsuit Claims Nvidia Misrepresented $1B in Sales to Crypto Miners
An amended class action complaint filed against Nvidia Corp has accused the firm of violating the Securities Exchange Act by downplaying the extent to which its gaming revenues relied on GPU sales to cryptocurrency miners.The complaint, filed May 14, claims that Nvidia issued deliberately misleading statements that understated more than $1 billion in GPU sales…

Bitcoin, space travel and TikTok debut in Guinness World Records
Guinness World Records has added Bitcoin (BTC) and a number of blockchain events in the latest edition of its record book under the category of “Cryptomania.”The recognition of crypto by a mainstream staple such as Guinness World Records indicates that blockchain and digital assets were among the most publicly touched-on subjects over the past couple…

US Bitcoin ATM operator reports data breach of 58K customers
Byte Federal, the operator of 1,300 Bitcoin ATMs in the US, has urged its customers to reset login credentials following a massive data breach.

Bitcoin Giveaway Scam Hits Popular Indian Youtuber
A popular Indian YouTuber’s gaming channel got hacked and scammers attempted to use the old Bitcoin giveaway trick to lure people. 1734 Total views 14 Total shares Ajey Nagar, a Popular Indian YouTuber with 6.7 million subscribers, is the latest victim of the ongoing BitCoin giveaway scam on Youtube.The hack happened on Nagar’s second Youtube…