Former banker sentenced to 41 months for crypto fraud

The market capitalization of stablecoins increased by 2.1% to $164 billion in July, the highest level since April 2022.

Bitmain releases a public statement saying that co-founder Zhan’s claims of owning a 36% stake in Fujian Zhanhua are baseless. 1778 Total views 37 Total shares The world’s largest cryptocurrency mining rig producer Bitmain released a statement on April 27 condemning deposed co-founder Micree Ketuan Zhan’s attempts to regain control over Fujian Zhanhua Intelligence Technology…

The emergence of blockchain technology has undoubtedly altered the course of global digital payment development. With the likes of Ripple and Facebook’s Libra challenging the monopoly of banks and other financial institutions, mainstream players like SWIFT, Visa and Mastercard have been forced to seek significant improvements to the legacy system.Moving forward, the burning issue appears…

Venezuelan government has published a new decree that introduces taxation for operations with cryptocurrency and foreign fiat in its official newspaper Monday, Jan. 7.The decree No. 3,719, published in the Gaceta Oficial edition No. 6,420, is accompanied with another decree that explains the regulatory framework behind the new rules, introduced amid what the newspaper describes…

The $27 million Penpie hack caught the attention of the notorious Euler Finance hacker, who sent an onchain message to a fellow criminal.

The U.S. dollar index (DXY) retreated broadly from its prevailing bull run in the past two weeks, dropping by up to 3.20% after hitting its two-decade high of 105.Overvaluation risks grip dollar marketDollar's correction in the last two weeks preceded twelve months of relentless buying. To recap, the greenback's weight against the basket of top…

Blockchain analytics firm Flipside Crypto has launched an online Software Development Kit called ShroomDK, which is based on nonfungible tokens (NFTs) and provides an automated means to pull “comprehensive” blockchain data via software. Being NFT-based enables the SDK to be on-sold or upgraded more easily, according to the company.Co-founder Jim Myers said that the ability to…

Square’s Bitcoin (BTC) revenue continues to grow, even as the popular payments app lowers its first-quarter revenue estimates by $800 million due to the coronavirus crisis.According to a company announcement on March 24, COVID-19 was not a factor in the company’s growth until around 10 days ago:“While the beginning of March was relatively in line…