Ex-Alameda Research CEO to report to prison for 2-year sentence

Optimism (OP) is a Layer 2 scaling solution, which operates as a separate blockchain built on top of Ethereum. Despite having a smaller total value locked (TVL) than its rivals, Optimism may still have the potential to thrive in the increasingly competitive DeFi landscape. Being one of the pioneers in the DeF space, Optimism initially gained…

In its quarterly financial results report published Oct. 24, semiconductor manufacturer AMD reveals that “blockchain-related graphics processing unit (GPU) sales in the third quarter were negligible.”American semiconductor company AMD stated in its third quarter 2018 financial report that revenue rose to $1.65 billion, up 4 percent year-over-year, although the figure is below estimates of $1.7 billion.…

The Protocol Guild, a team of over 150 Ethereum core developers, will be the beneficiary. VanEck argues that asset managers should give back some Ether ETF proceeds to the community. 307 Total views 9 Total shares Global asset manager VanEck will donate 10% of all profits from its upcoming Ether futures exchange-traded fund (ETF) to

A co-founder and former lead developer of the decentralized network IOTA, Sergey Ivancheglo, has IOTA Foundation director David Sønstebø with a lawsuit over 25 million MIOTA (over $8.5 million).Ivancheglo announced that he is contacting his lawyers to obtain the assets from Sønstebø in a tweet sent on Feb. 2. The coins that he claims belong…

M12 adds early-stage Palm NFT Studio to its portfolio with participation from venture firm Griffin Gaming Partners. 1223 Total views 33 Total shares Crypto startup Palm NFT Studio announced a Series B raise of $27 million on Thursday led by Microsoft’s venture fund M12. Palm NFT, cofounded by ConsenSys founder and Ethereum co-founder Joseph Lubin, provides…

United States Congressman Tom Emmer has reintroduced his Safe Harbor for Taxpayers with Forked Assets bill, according to a press release published July 9.The reintroduced version of the bill appears to have been published on July 3, based on the date printed within the document.Emmer initially announced plans for the Forked Assets bill in 2018…

Ripple CEO Brad Garlinghouse has revealed the firm unsuccessfully attempted to settle its securities violation lawsuit with the SEC, and slammed the “regulatory chaos” around cryptocurrencies. I’m not going to litigate the SEC’s unproven allegations on Twitter, and as you can imagine, there are new considerations to what can / should be said publicly after the…

It probably came as little surprise last year when crypto intelligence firm Chainalysis declared East Asia “the world’s largest cryptocurrency market,” accounting for 31% of all cryptocurrency transacted during the previous 12 months. The region has a broad base of retail users along with a solid foundation of crypto traders and institutions, and China alone…