Gotbit founder extradited to US to face market manipulation, fraud charges

Not your keys, not your coins. Crypto CeFi lender Vauld has suspended “all withdrawals, trading and deposits.” 1372 Total views 39 Total shares Crypto contagion claims another casualty. In a statement, Singapore-based crypto exchange Vauld has made the “difficult decision to suspend all withdrawals, trading and deposits on the Vauld platform with immediate effect.”In what appears…

AVAX is one of the year’s top crypto performers, with the likes of Three Arrows Capital and Polychain Capital supporting the PoS chain. 594 Total views 24 Total shares Avalanche ecosystem accelerator Colony has raised $18.5 million in seed investments to bootstrap the next generation of Avalanche blockchain projects, underscoring heightened demand for the proof-of-stake…

The filing surrounding the legal strategy followed an all-day session between SBF and his lawyers on Aug. 22 outside of jail, which was granted by a judge on a one-time basis. 339 Total views 12 Total shares Lawyers currently representing Sam Bankman-Fried, or SBF, for his criminal case in the United States plan to elicit…

The Release project says its blockchain-powered platform can solve logistical challenges for the agriculture and fishing industries. 862 Total views 20 Total shares Release, a blockchain-powered social commerce platform, has announced on July 12 that its platform is ready to transform the agriculture and fishing industry.The agriculture and fishery industries have a huge potential to…

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekSquare to acquire Australian fintech Afterpay in $29B dealJack Dorsey’s digital payments…

In an apparent first, global online payments firm PayPal has made an investment in a blockchain startup — one that focuses on leveraging the technology to give users more control over their digital identities. The news was reported by Forbes on April 2.The investment comes as part of an extension to a Series A funding…

The Enhanced Dai Savings Rate is based on DSR utilization and could boost the stablecoin yield by as much as 8%. 58 Total views 1 Total shares A proposal seeking to temporarily increase the interest rate granted to holders of stablecoin Dai (DAI) was approved by the MakerDAO community on July 27, raising yields for tokenholders…

Beginning today, Aug. 1, Brazil citizens are obligated to report on their crypto transactions with the country’s tax authority, the Department of Federal Revenue (RFB).Entities in Brazil must report on all kinds of crypto transactionsAs Cointelegraph Brazil reports today, transactions involving cryptocurrencies such as Bitcoin (BTC) must be reported to the RFB in accordance with…

Stablecoins are the cornerstone of the digital asset marketplace with a market cap of over $100 billion. Governments are already putting considerable resources in being up to speed with the trends. A November 2021 report published by the United States President’s Working Group on Financial Markets details the various measures to ensure stablecoin regulation is…