Former FTX exec sentenced to 7.5 years in prison after guilty plea

Stablecoin issuer Tether has responded to claims that it deactivated the accounts of major crypto firms, including MoonPay. 759 Total views 3 Total shares Tether, the company behind market-leading stablecoin Tether (USDT), has addressed concerns regarding its operational decisions.According to documents released by the New York Attorney General (NYAG), Tether reportedly deactivated approximately 29 accounts…

Ethereum (ETH) co-founder Vitalik Buterin has proposed creating an on-chain smart contract-based ether mixer in a note on collaborative development platform HackMD on May 24.In his note, Buterin argues that the Ethereum ecosystem needs more privacy, and points out that the default behavior is to do everything through a single account, allowing for all of…

A U.S. circuit court has concluded its review of a terrorism financing case that begin in 2010, saying that the NSA's phone tapping was illegal but that it was a minor part of the evidence. In the final decision on a criminal case that began a decade ago, an appellate court has said that the…

With the number of “wholecoiner” Bitcoin wallets holding at least 1 BTC increasing every year, the remaining addresses represent just 5% of Bitcoin’s market cap. 3323 Total views 24 Total shares New data suggests that “wholecoiners” — Bitcoin wallets holding 1 BTC or more — now account for 95% of the cryptocurrency’s entire capitalization. That…

Thai cryptocurrency exchange Zipmex has paused withdrawals on its platform following a "combination of circumstances" beyond its control. Cointelegraph reports that Zipmex could be in trouble were dismissed as “rumors” by CEO and co-founder Marcus Lim following the failed acquisition of the Thai exchange by Coinbase. Due to a combination of circumstances beyond our control…

The government’s new “Chivo” Bitcoin wallet will be interoperable and commission-free. 480 Total views 6 Total shares The latest announcement from El Salvador's pro-Bitcoin president, Nayib Bukele, has clarified that citizens will not be forced to use the government-issued “Chivo” Bitcoin wallet.In a tweet on June 29, El Salvador’s President Bukele stated he wanted to…

A joint initiative of Akon’s Akoin and Dutch Effect.AI, the Kenyan Opportunity Hub will promote blockchain education and new work opportunities. 534 Total views 16 Total shares Akon, a famous Senegalese-American musician and a known blockchain supporter, is setting up a blockchain hub in Kenya.Dubbed the “Kenyan Opportunity Hub”, the new venture aims to promote…