Hacker pleads guilty to stealing $37M in crypto via ‘cyber intrusion’
Evan Frederick Light faces up to 20 years behind bars for each charge, including conspiracy to commit wire fraud and launder monetary instruments.
Related Posts
DeFi adoption on the Binance Smart Chain reaches new highs
Decentralized finance (DeFi) has taken a well-deserved break from the spotlight over the past couple of months after being one of the hottest sectors at the start of 2021, but recent growth on several top platforms may hint at another DeFi run in the near future. While projects that operate on the Ethereum (ETH) network continue…
One-Third of Bitcoin Cash’s Supply Has Never Been Touched
Data from CoinMetrics shows that roughly one-third of the circulating supply of Bitcoin Cash (BCH) has never been touched.Coinmetrics also estimates that 2.3 million Bitcoins (BTC) have not moved in over five years — comprising 12.5% of the nearly 18.4 million BTC in circulation.32.6% of circulating BCH supply has never movedOn April 6, Coinmetrics published…
Crypto City: The ultimate guide to Miami
Miami is fast becoming one of the major hubs in the crypto world with more and more blockchain companies moving to the city each year.Miami famously plays host to the Bitcoin Conference each year, and digital assets have been embraced by the mayor and the wider population. Here’s your ultimate guide to the crypto city…
Crypto Biz: DID you see what Africa is doing with Web3?
If you’ve spent any time reading about blockchain and Web3, you know that this industry is filled with big buzzwords and half-baked concepts. But, concepts such as decentralized identity services, or DIDs, bring real meaning and utility to Web3. If you haven’t yet wrapped your mind around DID, it refers to a self-owned, independent identity…
German Financial Watchdog Warns Public About Unauthorized Crypto Offering
The German Federal Financial Supervisory Authority (BaFin) issued a warning Nov. 29 that a firm called Platin Genesis DCC is not authorized or approved by the proper authorities.In the warning, BaFin states that Platin Genesis was advertising a "Platinum Coin Crypto Fund" on social media, which it claimed was “approved and released by BaFin.” The…
Is the surge in OpenSea volume and blue-chip NFT sales an early sign of an NFT bull market?
In the last two months, OpenSea began to cool down from its New Year's bull run and many nonfungible token (NFT) pundits began to speculate about the beginning of a bear market once sales took a slight downward trend after closing out a record-breaking $5 billion in total volume sales in January. However, for the last…
SEC issues first ever charges over phoney ‘insider information’ on darknet
The SEC has taken action against a Californian man for fraudulently offering insider stock trading tips on a darknet marketplace. 1695 Total views 15 Total shares The U.S. Securities and Exchange Commission has announced charges against California resident James Roland Jones in the first-ever enforcement action from the commission to target securities fraud on the…
Goldman Sachs creates digital asset taxonomy system for subscribing investors
The financial services giant, along with Coin Metrics and MSCI, will help investors track market movements and screen hundreds of coins and tokens by their uses. 129 Total views 2 Total shares Goldman Sachs, MSCI, and Coin Metrics announced Nov. 3 that they have devised a digital assets classification system to increase the transparency of…