ZkSync’s Gemholic project suspected $3.5M rug pull
Community members are currently trying to trace the Gemholic contract creator’s address, supposedly funded by Binance.
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India expands national payment network to Singapore: What’s in it for crypto?
One of the banking partners in the cross-border remittance service is also part of the government’s CBDC program. 70 Total views 3 Total shares Own this piece of history Collect this article as an NFTIndia’s national payment network, called the unified payments interface (UPI), is expanding its services beyond Indian borders to Singapore. The cross-border…
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MicroStrategy scoops up 480 Bitcoin amid market slump
The business intelligence firm has now amassed 129,699 BTC at an average price of $30,644, according to CEO Michael Saylor. Business intelligence firm MicroStrategy has added to its Bitcoin (BTC) holdings, reaffirming CEO Michael Saylor’s bullish outlook on the digital asset despite its recent struggles. In a Form 8-K filing with the United States Securities and…
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Barely halfway and October already the biggest month in crypto hacks: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.October is historically associated with the bulls, but in 2022, the month has also become the leader in crypto hacks as barely halfway through, and the DeFi ecosystem has already…
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How crypto funds shape the development of the digital asset market
A crypto fund is an investment fund that primarily focuses on investing in cryptocurrencies or digital assets. It allows investors to gain exposure to the crypto market without having to purchase individual coins or tokens themselves. Instead, these funds pool money from multiple investors to purchase various cryptocurrencies, often including Bitcoin (BTC), Ether (ETH) and…
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Differences Between Tokens, Coins and Virtual Currencies, Explained
1. Is there a difference between a token/coin/digital currency/virtual currency? In short: Yes, there is. There are indeed differences between all of these terms, both major and minor. For instance, when JPMorgan Chase released its JPM Coin, it presented it as a “digital coin,” while Facebook’s Libra was introduced as a solid “cryptocurrency” — and,…
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FTC cracks down on ‘deceptive’ AI projects, including an AI lawyer
“Operation AI Comply” is part of the US federal agency’s latest round of enforcement actions against companies it claims used AI to harm consumers.
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Madeira seeks to boost economy with startups, innovative payment system
The Madeira Blockchain 2023 conference showcased the region's efforts to become an emerging technology hub in the Atlantic. 166 Total views 2 Total shares An archipelago in the middle of the Atlantic is seeking startups and tech talents to boost its economic growth. Web3 entrepreneurs are flocking to this region.Portugal's Madeira archipelago has been praised
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Alleged Operators of $722M Crypto Scheme Seek Jail Release Amid COVID-19 Fears
Two alleged crypto Ponzi scheme operators have requested that a New Jersey federal court grant their release from jail over concerns that the facility will soon host a COVID-19 outbreak.Matthew Goettsche and Jobadiah Weeks submitted separate motions petitioning the Essex County Correctional Facility in Newark, New Jersey for their release on March 20 and 23,…