In a development that further underscores the escalating global crackdown on crypto scams, Israeli police have accused technology entrepreneur Moshe Hogeg of defrauding investors out of $290 million in a series of cryptocurrency scams, according to Bloomberg. Hogeg, the founder and co-CEO of Sirin Labs AG, and several unnamed associates are suspected of misappropriating millions […]
Ripple: XRP Community Calls Out Bloomberg for Misleading Reporting on SEC’s Plan to Appeal Non-Security Status
Members of the XRP community have slammed a Bloomberg journalist over misreporting current Ripple vs SEC case update. Top crypto legal veteran John Deaton has even offered to help clear the air. The XRP community has criticized the actions of mainstream news outlet Bloomberg after the latter reported that the United States Securities and Exchange […]
China Unveils Blockchain Data Exchange at Hangzhou Conference!
The post China Unveils Blockchain Data Exchange at Hangzhou Conference! appeared first on Coinpedia Fintech News Hangzhou unveils a blockchain-based data exchange platform aimed at revolutionizing enterprise IT data trading. Developed by officials in the city’s High-tech Zone, the avant-garde platform is expected to redefine the way businesses handle data. Chen Chun, an academician of […]
Judge Sends OpenSea Employee To Prison For NFT Insider Trading
The first case of NFT insider trading has come to a close as a US Judge has sentenced a former OpenSea employee to prison. OpenSea Head Of Products Arrested For Fraud Nathaniel Chastain, former Head of Products of OpenSea, the world’s largest non-fungible token (NFT) marketplace, has been condemned to three months in prison. The […]
Shopify Teams Up With Solana Pay; Boosting Crypto Adoption
At first, Shopify users will only be able to pay using USDC which is issued by Circle. Solana Pay streamlines the payment process benefiting both users and merchants. By integrating with Shopify Inc., one of the leading global e-commerce leader, Solana Pay, developed by Solana Labs, has attained a major milestone. With this strategic alliance, […]
Sam Bankman-Fried plans to lean on ‘counsel advice’ defense in criminal trial
FTX founder Sam Bankman-Fried intends to blame “counsel advice” provided by the company’s internal legal team and Fenwick & West, a prominent Silicon Valley law firm, in his case against the U.S. government. In an Aug. 23 letter to Judge Lewis Kaplan, Bankman-Fried’s lawyers wrote that their client received legal advice from Fenwick in making […]
Binance finds no respite as regulatory troubles continue
Binance’s operations in Russia invite DOJ suspicion. BNB continues to witness a decline in price while sentiment around the token also falls.
Solana’s Trajectory Echoes Cardano: Analyst Benjamin Cowen’s Insights Spark Speculation
Celebrating analyst Benjamin Cowen has unearthed a fascinating correlation between Solana (SOL) and Cardano (ADA) in a captivating twist within the crypto sphere. The crypto community is now abuzz with speculation, as Cowen’s insights hint at potential trajectories for Solana’s future. Cowen’s discerning eye has unveiled a remarkable likeness between SOL’s present price maneuvers and […]
Shopify to accept USDC payments with Solana: Report
E-commerce giant Shopify has added Solana Pay to its pool of options for payment, allowing millions of merchants to use the platform to accept crypto transactions, kicking off with USD Coin USDC $1.00 stablecoin payments. According to TechCrunch, Solana plans to add other altcoins to the platform in the coming months, including its native token […]
The Thermodynamics of Crypto Investing
Many risks still remain, of course, which is why investors still have the chance for outsized returns – though as each risk falls, returns become incrementally smaller. So, if this risk-return energy is not destroyed, what does it become? As regulatory risk takes center stage, we see a continually transforming landscape for digital alpha investing. […]