A 21-year-old man from Lebanon, Indiana, has admitted to organizing a major cryptocurrency theft, stealing over $37 million from nearly 600 victims worldwide. Evan Frederick Light appeared before U.S. Magistrate Judge Veronica Duffy on September 30, 2024, where he pleaded guilty to Conspiracy to Commit Wire Fraud and Conspiracy to Launder Monetary Instruments. The Cyber...Read More
Crypto asset manager Bitwise has officially filed for an XRP exchange-traded fund (ETF) in Delaware. It marks a major step in the push toward institutional-level investment in Ripple’s native cryptocurrency. Bitwise CIO Says Filing is Genuine Fox Business reporter Eleanor Terrett took to X on October 1 to break the news that Bitwise had registered...Read More
The Australian Federal Police-led Criminal Assets Confiscation Taskforce (CACT) has successfully seized $9.3 million in cryptocurrency as part of a broader criminal investigation targeting the mastermind behind Ghost. For the uninitiated, Ghost is an encrypted communication platform used for criminal activities. According to the official AFP press release, a 32-year-old man from Narwee was arrested...Read More
[PRESS RELEASE – Stockholm, Sweden, October 2nd, 2024] This marks the first investment from Chromia’s recently launched Data and AI Ecosystem Fund, which is aimed at supporting projects that utilize data in innovative ways within the blockchain space. Chromia has announced a strategic investment and partnership with Elfa AI, an AI-powered social platform designed to...Read More
[PRESS RELEASE – Zug, Switzerland, October 2nd, 2024] Poland’s second-largest bank, Pekao S.A., used the Aleph Zero L1 blockchain to tokenize and preserve internationally renowned Polish artworks. Bank Pekao, Aleph Zero, and Degen House are proud to announce the launch of Archiv3, a project to tokenize and preserve Polish cultural heritage on the Aleph Zero...Read More
[PRESS RELEASE – Hong Kong, Hong Kong, October 2nd, 2024] For 13 years, the AADS ad network has enabled publishers to monetize website, blog, and media traffic in cryptocurrency. Game-changing technologies make the platform a solution not only for large sites but also for smaller ones, as there is no entry threshold. At the same...Read More
Upon analyzing over 1,200 publicly available crypto pre-seed and seed rounds from 2022, Lattice Fund found that the seed-stage crypto market saw investors refocus on the more stable and established sectors of Infrastructure and Centralized Finance (CeFi). This came after a period of exploration into emerging sectors in 2021. Infrastructure and CeFi According to the...Read More
[PRESS RELEASE – Grand Cayman, Cayman Islands, October 2nd, 2024] Sui becomes the first blockchain to enable the most secure modern alternative to the Border Gateway Protocol Sui, the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling, announced that it will be the first blockchain to provide validators with a comprehensive defense against...Read More
[PRESS RELEASE – Frankfurt, Germany, October 2nd, 2024] Mpeppe (MPEPE), a cryptocurrency project merging online gaming and decentralized finance (DeFi), has reached a significant milestone with its presale exceeding the $3 million mark. Alongside this achievement, Mpeppe (MPEPE) has launched an exciting new gaming platform on Telegram, offering users a fun and interactive experience while...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, October 2nd, 2024] The world’s largest crypto trading event will now feature Web3 and DEX integration, bringing traders, builders, and partners into a new era for the decentralized landscape. Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is integrating Web3 and decentralized exchange (DEX) trading into its...Read More
[PRESS RELEASE – Zug, Switzerland, October 1st, 2024] Energy Web’s innovative app enables EV owners to decarbonize charging sessions with renewable energy Energy Web is proud to announce the beta launch of AutoGreenCharge, a mobile app designed to decarbonize electric vehicle (EV) charging. With AutoGreenCharge, users can ensure that every EV charging session is powered...Read More
[PRESS RELEASE – New York, New York, October 1st, 2024] Shardeum continues to progress the roadmap to Mainnet Launch Shardeum, an autoscaling layer-1 blockchain ecosystem, announces the launch of Stage 3 of its Incentivized Testnet (ITN), Atomium, which commenced on October 1st, 2024. ITN Stage 3 will continue to encourage community engagement, prompting users to...Read More
Bitcoin prices dumped almost $4,000 in less than 24 hours following an Iranian missile strike on Israel late on Oct. 1. The asset was trading at just over $64,000 on Tuesday but it tanked hard to bottom out at a little above $60,000 following the attack. BTC has since recovered to around $61,700 during Wednesday...Read More
Reports have emerged that Japan plans to assess the effectiveness of its cryptocurrency rules. The review, which will take place over the next few months, could pave the way for the launch of crypto exchange-traded funds (ETFs) in the country. Review to Evaluate Investor Protection The news was first reported by Bloomberg, which quoted an...Read More
