Blockchain

Key Takeaways Bryan Pellegrino accuses Kyle Davies of attempting to secure LayerZero’s treasury for 3AC with promises of better rates, just days before 3AC’s collapse. Davies defends his professional reputation and investment philosophy on a podcast, despite the backlash and financial turmoil resulting from 3AC’s bankruptcy. The legal aftermath of 3AC’s downfall includes subpoenas and […]

Key Takeaways Former takeaway worker Jian Wen was found guilty of laundering $2 billion in Bitcoin. The investigation into Wen’s affairs involved reviewing multiple properties, 48 electronic devices, and thousands of digital files. Wen’s dramatic lifestyle shift from modest living to luxury triggered law enforcement scrutiny. Jian Wen, a former takeaway worker, has been found

Key Takeaways Binance executive Nadeem Anjarwalla escaped detention in Nigeria using his Kenyan passport amid tax evasion charges against the crypto exchange. Anjarwalla and his colleague, Tigran Gambaryan, were initially detained following a criminal complaint. This comes as the Nigerian government has accused Binance of tax evasion. Nadeem Anjarwalla, Binance’s Regional Manager for Africa of British-Kenyan

Key Takeaways The European Parliament’s leading committees have approved legislation to ban anonymous cryptocurrency transactions. The legislation includes restrictions on anonymous cash transactions, with specific limits for commercial and business transactions. The decision has sparked debate within the cryptocurrency community, highlighting tensions between regulatory oversight and the preservation of privacy and autonomy in digital finance.

Key Takeaways The Philippines SEC has taken action to block Binance due to the crypto exchange’s lack of necessary licensing for operation within the country. The move follows concerns over the safety of Filipino investors’ funds and the exchange’s unauthorized promotional activities. This regulatory action highlights the increasing global scrutiny and demand for compliance in

Key Takeaways BitDegree and KuCoin launch a free, educational Mission with a focus on learning about the KuCoin Wallet; Participants get the possibility to earn rewards from a prize pool consisting of Bits, USDT bonuses and airdrop rewards; The end date to get rewards is April 15. As explored in last week’s Mission, KuCoin is

Key Takeaways The US Securities and Exchange Commission (SEC) is pursuing a $1.95 billion fine against Ripple Labs for alleged violations of federal securities laws related to XRP sales. The fine includes disgorgement, prejudgment interest, and a civil penalty. Ripple will respond in April, with the case outcome potentially setting a significant precedent for cryptocurrency

Key Takeaways The London Stock Exchange announces the introduction of Bitcoin and Ether exchange-traded notes, set to launch on May 28. These ETNs will be available exclusively to professional investors, adhering to strict requirements set by the Financial Conduct Authority. The initiative reflects a broader movement towards incorporating digital assets into regulated financial markets, with

Key Takeaways FTX’s bankruptcy estate sells its majority stake in Anthropic to 24 institutional investors for $884 million; The sale benefits from AI’s surge, notably ChatGPT, nearly doubling the value of FTX’s initial $500 million investment in Anthropic; This sale, approved by a US Bankruptcy Court judge, is a hopeful step towards repaying FTX’s customers.

What is blockchain & how does it work? Understanding the technology that powers crypto  TheStreet Source link