Former CEO Faruk Fatih Özer of the bankrupt Turkish crypto exchange Thodex has been given a record-breaking prison sentence for stealing $2 billion in customer funds. Crypto CEO Sentenced To 11,196 Years Prison Sentence On Thursday, September 7, 2023, the former CEO of Thodex, which was one of the biggest […]

In a recent Monday court filing, it was disclosed that the estate of bankrupt crypto exchange FTX has amassed approximately $7 billion in assets (3.4B in crypto), including $1.16 billion worth of Solana (SOL) tokens and $560 million in Bitcoin (BTC).  The news sent shockwaves through the cryptocurrency market, with […]

Blockchain could be used to authenticate the real from what is generated by artificial intelligence (AI), Congressman Tom Emmer suggested Sept. 11 at the Permissionless II conference. That would combine nicely with other progress being seen in United States cryptocurrency policy, he said. Speaking on a panel, Emmer began on […]

Google and its charitable arm, Google.org, launched the Digital Futures Project, an initiative to study responsible artificial intelligence (AI) technologies, on Sep. 11.  The Mountain View company will invest a total of $20 million in grants to leading think tanks and academic institutions around the world with the expressed aim […]

Authorities in Thailand arrested five foreign nationals linked with a fraudulent cryptocurrency investment platform that fleeced over $27 million from local investors. According to an initial report from the Bangkok Post, Thailand’s Cyber Crime Investigation (CCIB) Bureau arrested four individuals from China and one from Laos for orchestrating a fraudulent […]

In a recent development, the Shiba Inu community has warned of a “scam” project that may be responsible for some of the FUD attacks that have plagued the Shibarium network since it launched on August 16.  Shibarium Admin Warns Of Scam Project In a tweet on the X (formerly Twitter) […]

David Schwartz, the Chief Technology Officer (CTO) of Ripple, had an important insight when looking at Bitcoin. He noticed that even though Bitcoin was getting bigger, most of the world’s valuable things were not part of Bitcoin. This made him realize that we needed “bridges” to connect the traditional financial […]

Campo Pequeno, a neo-Moorish bullring in Lisbon, has become a symbolic gathering point for Bitcoin maximalists, as MacKenzie Sigalos describes in a report for CNBC published yesterday. These gatherings, which started in the spring of 2022 following the collapse of the Terra Luna stablecoin, serve as a microcosm of the […]

Vitalik Buterin, co-founder of Ethereum (ETH) had his X (formerly Twitter) account compromised, which, according to social media reports, resulted in victims losing over $691,000 through malicious links. In a Sept. 10 post on X, Dmitry Buterin, the father of Vitalik Buterin, announced that his son’s account has been compromised: “Disregard this […]

Ethan Nguonly, a 22-year-old software engineer, reportedly began his investment journey at a young age with parental guidance. He has built a substantial financial portfolio, which includes nearly $135,000 in retirement and brokerage accounts, as well as two houses. However, Nguonly disclosed a significant financial mistake that led to an […]