Sam Bankman-Fried’s ex-girlfriend gets off light after cooperating with the investigation Caroline Ellison, the former CEO of Alameda Research, was sentenced to two years in a minimum-security prison yesterday for her involvement in the collapse of FTX, the cryptocurrency exchange. The sentencing was delivered by Judge Lewis Kaplan of the District Court of Southern New
The move increases the options travelers have for using their crypto holdings Travala, the cryptocurrency-friendly travel platform, has expanded its payment options by integrating Solana, a leading blockchain known for its speed and low transaction fees. On September 21, Travala’s CEO, Juan Otero, announced the partnership during the Solana Breakpoint conference in Singapore. This collaboration
Hemi Network could be the next solution for better blockchain security In recent months, the cryptocurrency world has faced significant challenges regarding the security of cross-chain bridges, as various hacks have exposed vulnerabilities in these systems. In response, developers are exploring new approaches to improve interoperability between major blockchains. One such project, Hemi Network, has
A judge has ruled that the company has no foundation to target the securities regulator A Texas federal judge has ruled against blockchain development firm Consensys in its lawsuit against the US Securities and Exchange Commission (SEC) and its five commissioners, including SEC Chair Gary Gensler. The lawsuit, originally filed in April, sought a court
The cyberthieves faked the airdrop and might still be collecting money Decentraland’s official X account has been hacked, leading to the circulation of a fraudulent MANA token airdrop. The incident was first reported by blockchain security firm PeckShield earlier today. The hackers have been sharing a phishing link disguised as an opportunity to claim free
The partnership will allow MoneyGram to work closely with cryptocurrency CEX.io, a centralized cryptocurrency exchange, has partnered with MoneyGram to expand its crypto cash-in and cash-out services. This collaboration will allow CEX.io users to convert Circle’s USD Coin (USDC) into physical cash and vice versa at participating MoneyGram locations. By integrating MoneyGram and the Stellar
Two commissioners aren’t happy with a recent enforcement action by the watchdog Two commissioners from the US Securities and Exchange Commission (SEC) have openly criticized the agency’s settlement with Flyfish Club, a restaurant project that sold NFTs as memberships. Flyfish Club agreed to pay $750,000 as part of a settlement over allegations that it conducted
The attacks on cryptocurrency platforms continue as systems neglect to heighten their security Delta Prime, a decentralized finance (DeFi) platform, has become the latest victim of a cyberattack, with the hackers making off with nearly $6 million in digital assets. The incident highlights the ongoing vulnerabilities in the cryptocurrency sector. The attack was first reported
The state has presented its crypto regulations as it looks to stand out from the crowd Hawaii is positioning itself as a global hub for cryptocurrency by implementing new, crypto-friendly regulations that have already attracted significant interest from major companies in the industry. Starting July 1, 2024, cryptocurrency exchanges and firms in Hawaii no longer
The number of crypto transactions has risen significantly in 2024 Interest in cryptocurrency has surged in 2024, with much of the excitement fueled by the introduction of Bitcoin exchange-traded funds (ETFs). These ETFs, particularly spot Bitcoin ETFs launched in the US in early 2024, have played a major role in boosting crypto activity across the
Several Bitcoin miners have received huge payouts for their dedication A Bitcoin miner has recently secured a not-so-common and significant payday of around $180,000 after successfully mining a block on their own. On September 10, the miner solved block number 860749, which included 5,935 transactions. The reward for mining the block totaled 3.169 Bitcoin, valued
The bankrupt cryptocurrency exchange continues to resolve its debts FTX, the bankrupt cryptocurrency exchange, has reached an agreement with Emergent Fidelity Technologies in a dispute over ownership of more than $600 million worth of Robinhood shares. Emergent, co-founded by FTX’s Sam Bankman-Fried, had been entangled in a legal battle over 55 million shares of Robinhood,
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