Ex-Binance CEO Changpeng Zhao sentenced to four months in prison
Changpeng Zhao, also known as CZ, pleaded guilty in November to violating U.S. money laundering laws and had been free to travel in the United States on a $175 million bond.
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Gemini exec to join Bitstamp crypto exchange as new CEO
Bitstamp is replacing its CEO for the first time since the company’s establishment. 1785 Total views 3 Total shares Bitstamp, one of the world’s oldest and largest cryptocurrency exchanges, is replacing its CEO for the first time.Nejc Kodrič, the firm’s CEO who co-founded Bitstamp back in 2011, is stepping down from his position. He will…

Bitcoin price keeps falling under $60K — Here is why
Many analysts say a drop in spot Bitcoin ETF demand is the primary reason for BTC’s price weakness, but there’s more to it than that.

US Rapper T.I. Sued for $5 Million After His Token Allegedly Fails
U.S. rapper T.I., also known as T.I.P., is being sued for $5 million by a group of people after his FLiK token has reportedly failed, according to court documents obtained by U.S. celebrity news media The Blast.As per the lawsuit cited by the outlet, the group of 25 persons claims that they have invested $1.3…

Multiparty computation could offer increased protection for crypto wallets
Multiparty computation (MPC) is a type of cryptographic protocol that allows multiple parties to jointly compute a function over their inputs without revealing those inputs to each other. MPC can be useful when parties want to compute some function together but want to keep their inputs private from others. For example, a group of banks may…

Meta’s Web3 hopes face challenge of decentralization and market headwinds
Meta’s metaverse aspirations haven’t fared well for the tech giant, as the firm wiped out nearly five years’ worth of market cap in just 10 months of 2022. 211 Total views 16 Total shares

Cointelegraph Markets Pro VORTECS Report Summary — 179% gains from 4 alerts
In Cointelegraph Markets Pro’s latest VORTECS™ Report, the institutional-grade crypto alerts platform displayed how its members could have captured a cumulative 179% gain by following four trades based on four different Markets Pro indicators. The report depicts trading alerts generated between Feb. 26 and March 4, 2023. The potential gains available to Cointelegraph Markets Pro subscribers…

PayPal expands PYUSD to Solana, targets payment use cases
PayPal’s PYUSD stablecoin is now available on Solana and Ethereum, offering a chain-agnostic experience for its users.

Major Korean Financial Holding Company Wins Blockchain Patent for Improved Fintech Security
Leading South Korean financial holding company KB Financial Group Inc. has been awarded a patent for a blockchain-based fintech app security solution, South Korean economic news outlets The Digital Times reports Monday, Oct. 15.KB Financial is reported to have over $342 billion in assets under management and presides over multiple overseas and domestic subsidiaries, among…