FBI busts $43M crypto and Las Vegas hospitality Ponzi scheme
The FBI arrested a New York resident for defrauding investors of at least $43 million in a multi-year Ponzi scheme that included a Las Vegas hospitality business and crypto trading operation.
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Standard Chartered Conducts First Blockchain Trade in Bangladesh
Bangladesh is now on the blockchain map. 1408 Total views 22 Total shares Standard Chartered PLC, a British multinational banking and financial services company headquartered in London, England, has successfully leveraged blockchain technology to conduct Bangladesh’s first blockchain trade transaction, according to Newage on August 16. The Standard Chartered bank issued a Letter of Credit (LC)…

Review: Documentary Film – Monero Means Money
You may recall that an independent film about Monero recently topped the United States box-office charts, with gross sales of just $3430, mainly thanks to the mass closure of cinemas during the COVID-19 pandemic.The film’s producer, Justin Ehrenhofer, recently got in touch with Cointelegraph to let us know that Monero Means Money is now available…

Finance Redefined: 1M ETH burned since EIP-1559, and Dorsey drops tbDEX white paper, Nov. 19–26
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.ETH is burning at a rapid rate! Read on to discover the statistics behind Ethereum’s pursuit of deflationary mechanics. What you’re about to read is a shorter, more succinct version of the newsletter. For a comprehensive summary of DeFi’s developments over the last week, subscribe below.$4.24…

$920B is the number to watch now that crypto’s trillion dollar total market cap is gone
Big round numbers always pique the interest of investors and the $1 trillion total crypto market capitalization is no exception. It’s a level that held for 48 days before collapsing on March 9. After a 16-hour negative 8.6% price movement, the indicator fell to $914 billion, its lowest level since Jan.13.Total crypto market cap in…

Protocol to identify ‘systemically important’ blockchain banks could help prevent a market crash: Study
After the collapse of Terra, the digital assets sector needed a way to identify critical nodes in the global DeFi community. 295 Total views 2 Total shares Kanis Saengchote, a researcher at Chulalongkorn University in Thailand, recently developed a framework for identifying and measuring systemic risk in decentralized finance (DeFi) institutions. The new protocol is called…

Reddit engineer shares strategy behind NFT onboarding at EthCC
Spasova emphasized that the primary motivation behind running Collectible Avatars on-chain is to empower users with freedom of use. 403 Total views 13 Total shares Mirela Spasova, a Reddit senior engineer on the Collectible Avatars project, took to the master stage at the Ethereum Community Conference (EthCC) event in Paris to shed light on Reddit’s…

Burning quantum-vulnerable BTC is the best option — Jameson Lopp
The Bitcoin community continues to debate whether allowing the recovery of lost BTC by hackers using quantum computers would be ethical. 830 Total views 1 Total shares Jameson Lopp, the chief security officer at Bitcoin (BTC) custody company Casa, recently argued against allowing quantum recovery of lost BTC and said that burning these coins to

Reddit shares jump after-hours on OpenAI data-sharing deal
Reddit said the deal allows OpenAI’s tools to “better understand and showcase Reddit content” and sees the AI firm back new features on the social platform.