Hacker gets 3.5 years prison for $900K Coinbase login scam: Report
A UK hacker faces prison for his Coinbase dummy website scam, an El Paso man’s alleged crypto “Ponzi” funded his lavish lifestyle, and Washington DFI flags the latest potential crypto fraud.
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TON Gets Vote of Confidence: Investors Reject Refund Amid SEC Hearing Delay
Telegram’s ongoing saga with the U.S. Securities and Exchange Commission isn’t ending anytime soon. After the regulatory body swooped in with a last minute restraining order, Telegram has been embroiled in an increasingly strenuous legal battle to get the Telegram Online Network (TON) over the line. The blistering pace at which the latest developments have…
SEC’s Hester Peirce says new stablecoin regs need to allow room for failure
The SEC’s “crypto mom” Hester Peirce has said the regulatory “movement” around stablecoins needs to allow for “trial and error” and room for failure. 1623 Total views 5 Total shares Commissioner Hester Peirce — also known as the Securities and Exchange Commission’s (SECs) “crypto mom” — has backed a regulatory framework for stablecoins that allows…
LA Kings Confirm Release of Blockchain Merchandise Authenticator
United States ice hockey team the LA Kings have launched a blockchain-based tool for tracking the authenticity of merchandise, executives confirmed in a press release on Feb. 20.A partnership with augmented reality (AR) startup Pro Exp Media, the AR Authentication App provides a way for fans purchasing various items to know that their products are…
German Central Bank: Cryptos Are Not a Threat to Financial Stability
Central Bank of Germany representative Burkhard Balz said that cryptocurrencies do not pose a threat to financial stability during a talk at the European Parliament reported a post published on the institution’s website on July 9.Burkhard Balz, Member of the Executive Board of the Deutsche Bundesbank, stated that “crypto-tokens currently do not pose a risk…
Bitcoin ‘liveliness’ lowest since 2021 amid new 5-year BTC hodl record
Bitcoin (BTC) long-term holders are knuckling down as a record portion of the BTC supply stays dormant for years.Data from on-chain analytics firm Glassnode confirms that the percentage of the supply now stationary for at least five years is higher than ever.2017 BTC buyers not this year's sellersBitcoin has recovered almost 40% from its macro…
Synthetic asset protocol for Polygon raises $1.5M from major investors
Polysynth, a Polygon-based synthetic asset platform, has secured investments from a number of DeFi venture capital firms and angel investors.The team announced a $1.5 million funding round as part of its seed round on Nov. 15, revealing participation from Jump Capital, DeFi Alliance, Hashed, and a number of individuals such as Alan Howard, co-founder of…
6 Questions for Andrew Levine of Koinos Group
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!This week, our 6 Questions go to Andrew Levine, CEO of Koinos Group, which is focused on accelerating the transition to a more decentralized future by helping…
Antonopoulos: Cash-Settled Bitcoin Futures Traders Face ‘Black Hole’
Bitcoin (BTC) educator Andreas Antonopoulos says that while futures markets may indeed place a damper on the cryptocurrency’s price, the stakes are different to what you might think.In a Nov. 27 interview with YouTuber “Ivan on Tech,” Antonopoulos argued against the grain of commonplace fears about the adverse price impact that Bitcoin futures trading has…