Four people face charges in Taiwan for allegedly orchestrating a cryptocurrency scam that tricked victims into purchasing over NT$50 million (about US$1.5 million) worth of Tether (USDT), the popular stablecoin. The Keelung District Prosecutors’ Office said the suspects, identified only as Li, Hong, Dai, and Zhang, worked with overseas fraud groups to target victims through […]

The Web3 startup accelerator that focuses on Decentralized Finance (DeFi) and blockchain games – Cronos Labs – said the recruitment phase of the Cronos Accelerator Program started on September 4. The entity has previously teamed up with numerous companies, including Google Cloud, Amazon Web Services (AWS), and PeckShield, to support the scheme’s launch. The price […]

Tether, the company behind the prominent stablecoin USDT, holds $72.5 billion worth of US Treasury bills (T-bill). This development was revealed initially in the company’s assurance report for Q2 2023. However, Tether’s Chief Technology Officer, Paolo Ardoino, on September 5, emphasized this fact on social media platform X. Related Reading: Tether Teams Up With Private […]

Unagi, short for Unbound Networking & Accelerating Growth Initiative, is a project by WEMIX that aims to build a comprehensive ecosystem that transcends the limitations of various blockchains by seamlessly integrating, connecting, and encompassing multiple networks and fostering a space where they can coexist peacefully. The demand for an omnichain ecosystem that uses the potential […]

The London Stock Exchange Group (LSEG) is developing a new blockchain-powered trading venue, according to a new report. Murray Roos, a group head of capital markets at LSEG, tells the Financial Times that his company is “definitely not building anything around crypto assets.” Rather, Roos says they plan to use blockchain technology to make traditional […]

Epic Games signaled this week that its digital storefront would welcome games containing AI-generated art, text, or other elements, even as competitor Valve has moved to block such content on its dominant PC platform Steam. The dueling policies represent a rare public divide between the two gaming giants, which have increasingly postured to be the […]

The project’s founder explained how a reduction in node costs could help its goals. Developers’ contributions decreased, and validator activity fell. Ethereum [ETH] co-founder Vitalik Buterin, while admitting that node centralization was one of the blockchain’s biggest challenges, said that it could take 20 years to fix. Buterin, who was speaking at the South Korean […]

Tokyo Beast FZCO, a Dubai-based company, has taken the stage at the Korea Blockchain Week conference in Seoul to announce its crypto entertainment project, “Tokyo Beast.” The project, created in partnership with renowned Japanese developer Gumi Inc. and technology advisory firm Turingum K.K., will provide the crypto industry with a unique blend of blockchain technology […]

The XRP price has been showing promises of a price spike since Ripple’s victory against the US SEC. Many community members are currently keeping a close eye on the cryptocurrency, and hoping for a significant price increase. One crypto analyst, in particular, has predicted a massive run for the altcoin that could see its price […]

In a recent tweet, Tether’s CTO, Paolo Ardoino, revealed a remarkable financial feat. The prominent stablecoin issuers now boast an impressive $72.5 billion in US Treasury bonds. This monumental achievement catapults Tether into the ranks of the world’s top 22 largest holders of US Treasury bonds, surpassing countries like the United Arab Emirates, Mexico, Australia, […]