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Founder of OneCoin Sentenced to 20 Years in Prison and Slapped with a $300M Penalty

Bernard Nicolai3 years ago2 min read

OneCoin Co-Founder Sentenced to 20 Years in Prison for Massive Cryptocurrency Scam A judge has handed down a 20-year prison sentence to Karl Sebastian Greenwood, a key co-founder of OneCoin, for orchestrating a cryptocurrency scam that defrauded investors out of over $4 billion.…

Binance.US Cuts 100 Jobs Amid Regulatory Pressure

Gapster Innes3 years ago2 min read

Major Staff Reshuffling at Binance.US Amid Regulatory Crackdown Binance.US, the US affiliate of cryptocurrency exchange Binance, is undergoing a significant staff reshuffling as CEO Brian Shroder departs. He is being replaced on an interim basis by Chief Legal Officer Norman Reed. This move…

Franklin Templetons BTC Spot ETF Entry Sparks Bitcoin Rally

Newt Bettec3 years ago2 min read

Franklin Templeton Sets Its Sights on a Spot Bitcoin ETF Global investment firm Franklin Templeton has made a notable decision to venture into the digital currency realm by considering the launch of a spot Bitcoin exchange-traded fund (ETF). This move reflects the company’s…

XDC Network: Empowering Developers to Build Innovative DApps on an Efficient Blockchain

Edulia Coinfield3 years ago4 min read

Empowering Developers to Build Innovative DApps on an Efficient Blockchain Welcome to the world of XDC Network, where developers like you have the opportunity to create groundbreaking decentralized applications (DApps) on a highly efficient blockchain platform. This article will guide you through the…

The White House Expands Safe AI Pledge by Signing 8 Additional Companies

Demian Crypter3 years ago4 min read

Eight Additional U.S. AI Developers Commit to Responsible AI Eight more U.S.-based AI developers, including NVIDIA, Scale AI, and Cohere, have joined the growing list of companies committed to developing generative AI tools responsibly. This announcement came as part of an initiative launched…

Massive 97% Drop in Trading Volume for Curve (CRV) within 2 Months

Newt Bettec3 years ago3 min read

Trading Volumes for Curve’s CRV Token Plummet 97% Following Hack The trading volumes associated with CRV, the governance token of Curve, a stablecoin decentralized exchange (DEX), have dropped by 97% in just two months since the hack that occurred in late July 2023.…

Launch of MetaMask Snaps Open Beta: Developers to Implement Features and Functionalities

Bitro Conwell3 years ago2 min read

MetaMask Launches Snaps to Decentralize Development MetaMask, the popular non-custodial wallet, has introduced the Snaps feature in Open Beta, marking the first steps towards creating a fully permissionless ecosystem. The wallet developer believes that developers can now create and release independent features and…

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