Founder of crypto ‘Ponzi’ scheme’ IcomTech sentenced to 10 years in prison

Stuart Alderoty is joined by a number of other high profile individuals calling for an investigation into the former SEC official. Ripple’s chief legal officer Stuart Alderoty has called for an investigation into the motivations that led to former SEC official William Hinman delivering his now-infamous speech in 2018.Alderoty’s demand for an investigation came as…

A worse scenario than the recent attack against Twitter could happen if the social media network doesn’t strengthen its internal security procedures, say experts. 1108 Total views 11 Total shares Cybersecurity experts are warning that the Twitter hack on July 15 shows that the social network needs to strengthen its security in order to avoid…

Richard Handler alleged that he offered restructuring services to FTX that might have saved it, but exchange reps refused to meet with him. 202 Total views 2 Total shares Richard Handler, CEO of Jefferies Financial Group, seemingly alleged on Nov. 10 that he knew about FTX’s liquidity problems back in July. In a Twitter thread,…

While institutions are still withdrawing capital from Bitcoin investment products, money is flowing into Ethereum and altcoin products. 797 Total views 148 Total shares Institutional crypto products have seen their fifth consecutive week of outflows despite the bullish momentum in the markets. In its August 9 Digital Asset Fund Flows Weekly report, institutional asset manager CoinShares…

Mobile gaming giant Zynga has outlined new plans for NFT-based games and Web3 acquisitions coming in 2022 316 Total views 43 Total shares San Francisco-based game developer Zynga, best known for the FarmVille and CSR Racing series, has announced plans to release its first blockchain and NFT-based games this year.The billion-dollar game studio first made…

Consensys integrates Wallet Guard to boost MetaMask’s security, aiming to drive user fund losses to zero amid rising Web3 threats.

Crypto seems to thrive on remote work. Bitcoin (BTC) payment and wallet company BitPay has chosen to take its company's working atmosphere remote, permanently.A poll from within the company revealed: "85% of employees preferred to work from home and felt they were more productive," said a Sept. 15 statement. "This insight coupled with the continuation…

“We are likely to experience similar incidents,” said Binance CSO Jimmy Su in the wake of the global computer outage.

On July 13, authorities arrested Alex Mashinsky, the former chief executive officer of Celsius Network. He faces criminal and civil charges stemming from his time at the cryptocurrency lending platform, which he helped co-found in 2017.Though the potential criminal proceedings of Mashinsky and indictment of Celsius are ongoing, the events of this week have been…