French prosecutors probe Binance over money laundering, fraud allegations: Report
The Paris Public Prosecutor’s Office reportedly launched a probe into the crypto exchange’s activities between 2019 and 2024.
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BlockDown: DeFi institutional adoption is booming but gas fees hinder growth
The BlockDown panel discussed the current issues but also the potential improvements for DeFi. 148 Total views 1 Total shares Panelists at a DeFi-focused talk held at the BlockDown conference on Thursday expressed their optimism at the past and future growth of decentralized finance, but highlighted the hurdles to adoption due to congestion on Ethereum.The…

US Senate bill threatens crypto, AI data centers with fees — Report
Draft legislation in the US Senate threatens to hit data centers serving blockchain networks and artificial intelligence models with fees if they exceed federal emissions targets, according to an April 11 Bloomberg report. Led by Senate Democrats Sheldon Whitehouse and John Fetterman, the draft bill purportedly aims to address environmental impacts from rising energy demand

Yahoo launching Metaverse events for Hong Kong residents under restrictions
Yahoo has announced its intention to launch a series of Metaverse projects in Hong Kong, apparently creating a brief rally for Decentraland’s native token, MANA. 68 Total views 4 Total shares Yahoo has announced a series of Metaverse and NFT-related activities in Hong Kong, a day after Meta Platforms outlined its own metaverse plans for…

Ledger, Trezor and Others: Hack Allegations Are Baseless, Lack Proof
According to a report by an online monitoring web portal, Under the Breach, a hacker was able to penetrate the privacy protocols of major firms such as Trezor, Ledger and Bnktothefuture on May 24 and walk away with a host of sensitive customer data, including email addresses, home addresses and phone numbers. The documents posted by…

Unwrapping the Ocean Plastic Conundrum Via Blockchain
In September, Cointelegraph reported on a Dutch company said to have created the world’s first collection of recycled fabrics made from ocean plastics and whose provenance can be traced via blockchain.The premise is that socially minded consumers want assurance that they are really wearing recycled materials fished out from oceans and coastal areas. The firm, Waste2Wear,…

LayerZero’s market shifting, there’s a better environment ahead for everyone, CEO says
LayerZero CEO Bryan Pellegrino is optimistic about the future of the blockchain industry and the “really important plumbing” LayerZero provides for it. The outlook for the crypto industry is bright. As a matter of fact, the present isn’t even all that grim, Bryan Pellegrino, CEO of cross-chain interoperability protocol LayerZero, told Cointelegraph at the Collision…

Kiss this: You can buy Gene Simmons’ Las Vegas mansion with crypto
The Israeli-American musician has been a long-time supporter of crypto, and says he will accept payments in a number of cryptocurrencies including BTC, ETH, and LTC for the sale of his $13.5 million Nevada mansion. 1068 Total views 11 Total shares Rock legend Gene Simmons says he will accept crypto payments for the sale of…

Robinhood announces new COO to lead crypto trading desk
With the company’s crypto business expanding significantly, Robinhood has appointed a chief operating officer to lead its cryptocurrency operations. 620 Total views 9 Total shares Retail trading app Robinhood has appointed Christine Brown as the chief operating officer of its crypto division.The company announced the appointment a statement on its website on Thursday. Brown, who…