OmegaPro co-founder arrested over $4 billion crypto scam
Andreas Szakacs, the co-founder of OmegaPro was arrested in Turkey in relation to his alleged involvement in a multi-billion-dollar crypto scheme.
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Belarus tech innovation zone may take on regulatory role for crypto business
The administration of Belarus Hi-Tech Park is the best authority to regulate the crypto market in the country, First Deputy Prime Minister Nikolai Snopkov said. 656 Total views 6 Total shares The Belarusian government has proposed to appoint the Hi-Tech Park Administration as a supervisory authority for local crypto exchanges and digital tokens, First Deputy…
Blythe Masters Steps Down as CEO of Digital Asset
Blythe Masters, the CEO of Digital Asset, a tech company that builds products on distributed ledger technology (DLT), has stepped down, according to an announcement published Dec. 18.Per the announcement, Masters has requested to leave for personal reasons after three years of serving at the company. Masters will purportedly stay active in Digital Asset’s operations…
Are Stablecoin Futures Built to Last?
OKEx, the world’s fifth-largest crypto exchange, announced on Oct. 29 plans to launch Tether (USDT) futures trading, featuring a linear contract with leverage of up to 100x. Stablecoin futures, the exchange said, offer a simpler and more efficient means to navigate the market, and could open the door for many new retail traders.Related: Bitfinex Cries…
ChatGPT and AI must pay for the news it consumes: News Corp Australia CEO
Michael Miller said generative AI is a move by digital companies to take the creative content of others "without remunerating them for their original work." 370 Total views 6 Total shares Own this piece of history Collect this article as an NFTThe creators of artificial intelligence (AI) fuelled applications should pay for the news and…
Aave Ascends Market Rankings as Flash Loans Explode
Aave is climbing the DeFi and market cap rankings as its flash loans see daily volume exceeding $100 million. 1788 Total views 16 Total shares Decentralized finance (DeFi) loan protocol Aave has seen an explosion in the number of flash loans issued — with the daily value of said loans growing more than 1,000% since…
Retail Banks in Poland Launch BIK’s Blockchain-Based Client Data Tool
Blockchain’s varied applications are becoming more useful for global banking institutions with each passing day. Yesterday, Polish retail banks rolled out a blockchain-based customer data platform developed by the Polish Credit Bureau, also known as Biuro Informacji Kredytowej, or BIK.BIK, the biggest credit bureau in Central and Eastern Europe, has enabled banks in Poland to…
Ethereum ‘Flippens’ Stablecoins to Become the Most Used Blockchain
For the last month Bitcoin (BTC) price has traded in a tight range and trading volume has been relatively flat. Meanwhile, several tokens on the Ethereum network have been topping the price charts, especially the Decentralized Finance (DeFi) tokens.New data from Messari shows that Ethereum has just surpassed Bitcoin as the network that settles the…
Bitcoin vs. Traditional Assets: How Does Crypto’s 10-Year Performance Sync Up?
Bitcoin has been among the most fascinating tradable assets to watch over the last year. From reaching dazzling new heights to its most recent tumble to fresh one-year lows, the cryptocurrency market has been nothing short of exciting when attempting to characterize its volatile ebb and flow.Amid the growing chorus of enthusiasts, activists and investors…