Bookmarking Crypto Insights
Sangmin Seo, chairman of the Kaia DLT Foundation, asserts that China’s crackdown on the crypto industry, which led to its loss of dominance in bitcoin mining, has resulted in the decentralization of Asia’s crypto infrastructure. He adds that the rapid development of the Asian market outside of China has further solidified the region’s position as … Read more
Shezmu recovers nearly $5 million in stolen crypto through negotiations with the hacker, agreeing to a higher bounty. Meanwhile, WazirX struggles with unresolved losses. Go to Source
According to the Bank of Canada’s Governor Tiff Macklem, central banks need to be closely attuned to how AI is affecting inflation, both indirectly through overall demand and supply and directly through price-setting behavior. Go to Source
President Bukele visits Tesla to discuss the future of AI, Bitcoin, and El Salvador’s emerging role in tech innovation with Elon Musk. Go to Source
Powerledger’s co-founder John Bulich believes the expansion emphasizes “that sustainability is a common goal that transcends ecosystems.” Go to Source
A woman has been sentenced to over eight years in prison after her murder-for-hire plot using bitcoin fell apart. Melody Sasser attempted to use the dark web to hire a hitman to kill an Alabama resident. She paid nearly $10,000 in cryptocurrency and tried to make the murder look like an accident. Authorities discovered incriminating … Read more
Exodus CEO JP Richardson says the firm’s security team reviews all engineers’ code to prevent malicious actions. Go to Source
Bitwise, a crypto index fund and ETF provider, believes that ethereum has the fundamentals needed to recover from its bad price performance compared to currencies like bitcoin. Bitwise CIO Matt Hougan compared Ethereum with Microsoft, stating that while it was not as disruptive as other chains, it still had the size to overcome these difficulties. … Read more
William Koo Ichioka has been ordered to pay over $36 million after admitting to a forex and digital asset fraud scheme. His scam, which started in 2018, involved falsifying financial documents and misusing investor funds for personal luxuries like cars and jewelry. In addition to financial penalties, Ichioka faces prison time. The Commodity Futures Trading … Read more
A Nigerian national has been sentenced to five years in federal prison for his role in a massive darknet fraud scheme that intended to cause over $6 million in losses, according to the U.S. Department of Justice (DOJ). Using various online aliases, Kaura led a global network selling stolen payment card data, using cryptocurrencies like … Read more