Changpeng Zhao four-month prison sentence lighter than expected

The NCSC has gone scorched earth on crypto scams. Over the past four months, the National Cyber Security Centre, or NCSC, removed over 300,000 URLs pertaining to fake celebrity-endorsed investment opportunities. More than a half of these sites belonged to fraudulent cryptocurrency investment schemes.Per an announcement published by the NCSC on August 14, an increasing…

Data shows that traders are easing back into DeFi as the top protocols register an uptick in transactions and total value locked. 2118 Total views 19 Total shares Hype cycles can work wonders for token prices and social media statistics, but they also bring increased pressure on developers to launch a functioning product that validates…

Bitcoin (BTC) proponents are voicing fresh alarm after the United States Federal Reserve printed more than its entire market cap in new money this month.Fed balance sheet approaches $4TAs noted by cryptocurrency social media pundit Dennis Parker on Oct. 21, since mid-September, the Fed has injected $210 billion into the economy. Part of its newly-revitalized quantitative…

Ledger Vault, the custody arm of hardware wallet manufacturer Ledger, will provide its services to Canadian cryptocurrency broker Voyager Digital, according to a press release shared with Cointelegraph on May 21.Per the release, Voyager Digital will integrate Ledger Vault’s multi-authorization cryptocurrency wallet management system into its trading platform with the aim to increase its overall…

China’s ongoing crackdown on Bitcoin (BTC) mining resulted in a mass relocation of mining operations out of the country and it has led to a more than fifty percent drawdown in the Bitcoin network hashrate from an all-time high of 197.9 exahash per second (ehash/s) on April 15 to its current rate at 97 ehash/s. Bitcoin…

Ghana is striving to become the first African nation to float a central bank digital currency. 1007 Total views 5 Total shares The Bank of Ghana (BoG) is reportedly moving towards the introduction of a central bank digital currency (CBDC) experiment.Speaking during a news conference in Ghana’s capital, Accra, on Monday, Ernest Addison, governor of…

The biggest event of this week was definitely the sudden release of Uniswap’s token, UNI, which enriched many DeFi users by at least $1200 each.Uniswap gave 400 of its tokens to anyone who had ever traded with the protocol, even if the interaction somehow failed. And by “anyone” I mean “any wallet” — some people…

Peter Thiel also believes that Bitcoin’s original vision as a cypherpunk, crypto-anarchist, freedom tool hasn’t been fulfilled.

The founder of major Canadian crypto exchange QuadrigaCX, Gerald Cotten, may have stored the exchange’s private keys on paper in a safety deposit box, Bloomberg reported on Feb. 15.In an interview on the “True Bromance Podcast” in February 2014, Cotten warned of the danger of losing keys to cold wallet storage systems, and thus losing…