Ex-Binance CEO Changpeng Zhao sentenced to four months in prison

Christopher Wray cited the FBI's recent work in seizing large amounts of crypto as evidence there were vulnerabilities in using digital assets to get around sanctions. 1044 Total views 18 Total shares Christopher Wray, the director of the Federal Bureau of Investigation, said that fiat was a more likely avenue for Russia to explore in…

As the world celebrates the 50th anniversary of Earth Day, a number of industries appear to be looking toward blockchain to address one of today’s largest global threats: climate change. The Paris Agreement, which was signed into effect in 2016, addressed the long-term goal to keep a global temperature rise to less than two degrees…

Genesis Digital previously raised $125 million in an equity funding round led by Kingsway Capital in July 2021. 360 Total views 14 Total shares Major Bitcoin (BTC) mining company Genesis Digital Assets has secured $431 million in funding to expand its industrial-scale mining operations in the United States and Nordics.The new funding round was led…

A member of South Korea’s National Assembly has called on the state to “open up the road” to Initial Coin Offerings (ICO) by easing regulations, South Korean financial outlet Economy reports October 2.According to the article, Min Byung-doo, a Democratic Party lawmaker, will introduce a project of for ICO legislation at the next round of…

Crypto wallet banking and donation app BABB has announced the debut of its top-up function, a fee-waiving cash-out policy for COVID-19 fundraisers on its platform.According to the announcement, the company has also added a fiat gateway that every Android and iOS user will have access to. BABB clarifies that as long as the users pass…

The Ether whale started selling tokens on Sept. 16, with over $38 million in ETH still in its wallets. 

Even though Ether (ETH) price bounced over 20% from the $2,300 low on Feb. 22, derivatives data shows that investors are still cautious. To date, Ether's price is down 24% for the year, and key overhead resistances lay ahead.Ethereum's most pressing issue has been high network transaction fees and investors are increasingly worried that this…

Gavin Wood said that he seeks to transform the Polkadot blockchain into a full technocracy. 187 Total views 43 Total shares Live from Polkadot Decoded in Buenos Aires on Wednesday, Polkadot (DOT) and Kusama founder Gavin Wood announced that the blockchain's governance model would undergo a new transformation. Dubbed Gov2, anyone would be able to…

The RBA assistant governor in his speech noted that the pilot CBDC projects have highlighted several key areas where CBDCs could be of great use. The Reserve Bank of Australia (RBA) is open to the idea of using central bank-issued digital currency (CBDC) as the future of money where CBDC would represent a tokenized form