Feds want Bitfinex hacker ‘Razzlekhan’ jailed for 18 months
Prosecutors said Bitfinex hacker Heather Morgan should receive a lenient jail sentence because she provided “substantial assistance” to the government.
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17,000 Creditors Hope to Recover Assets Lost to Defunct Exchange QuadrigaCX
Close to 17,000 creditors of the now-shuttered Canadian crypto exchange QuadrigaCX have filed to reclaim their lost assets.Details of the claims were revealed in an interim status report published on May 12 by Ernst & Young (EY), the trustee for QuadrigaCX’s ongoing bankruptcy proceedings.Details of submitted claims so farThe report reveals that as of May…
Facebook’s Zuckerberg Calls for Digital Community Self-Governance
Facebook CEO Mark Zuckerberg said the digital world needs oversight, mentioning government regulation as a potential solution but calling community self-governance “another and perhaps even better way.”“One of the big questions for the next decade is: how should we govern the large new digital communities that the internet has enabled,” Zuckerberg said in a Jan.…
Blockaid says it caused crypto drainer to shut down, defends against claims of 'false positives'
The team defended itself against claims of excessive false positives, suggesting it was so effective that it caused a crypto drainer to give up in frustration.
Banks increasingly interested in Bitcoin, says Elliptic co-founder
Several financial institutions in the U.S. are “are seriously considering launching some type of cryptocurrency service,” an Elliptic co-founder said. 519 Total views 7 Total shares Global banking institutions have been expressing more interest in Bitcoin (BTC) as the cryptocurrency consistently breaks new all-time highs, according to a new report.Tom Robinson, co-founder of major British…
New Startup From Ethereum Co-Founder Gavin Wood Plans $60 Million ICO: WSJ
Crypto startup Polkadot (DOT), created by Ethereum (ETH) co-founder Gavin Wood, is planning an initial coin offering (ICO) aiming to raise up to $60 million, the Wall Street Journal (WSJ) reported Jan. 24.Citing sources familiar with the matter, the WSJ reports that, if successful, Polkadot’s token sale would bring the fully-diluted market value — or…
Michael Saylor's MicroStrategy enters Nasdaq 100
Nasdaq has announced that Michael Saylor's MicroStrategy will be added to the Nasdaq-100 index.
Demand for Legal Experts With Blockchain Tech Knowledge is High, Report
Demand for legal experts with blockchain technology knowledge is high, according to Major, Lindsey & Africa managing director Brian Burlant, who recruits for law firms and in-house legal departments. The news was published by legal news and information site Law.com on April 17.According to Burlant, law firms are having difficulty keeping up with cryptocurrency and…
The Fed cites worries about stablecoin in its latest Financial Stability Report
The report points out stablecoin’s possible low stress resistance and overuse in leveraged cyptocurrency trading, reiterates its position on CBDC. 189 Total views 3 Total shares The United States Federal Reserve Board released its semiannual Financial Stability Report on Monday. The report points to volatility on commodities markets brought on by the Russian invasion of…