Crypto news

Richard Ma, the CEO and founder of Quantstamp, stands at the forefront of the cryptocurrency auditing landscape. With his firm recognized as one of the leading smart contract auditing entities, Ma’s perspective offers invaluable insights into the evolving challenges and paradigms of crypto safety. In an interview with CryptoPotato that was held at Token2049 in Singapore, Ma delves deep into the current limitations of smart contract auditing, the varied nature of crypto hacks...

A $9 million crypto case has been thrown out of court. Mark Shin was recently charged with theft, cybercrime theft, and money laundering after prosecutors accused him of using a software update to his advantage and to create his own digital currency. Mark Shin is Breathing a Sigh of Relief While the evidence appeared damning at the time, the judge overseeing the case had decided there isn’t much there. John Kellner – the 18th Judicial District attorney – explained...

Core Scientific, Inc., a prominent player in high-performance blockchain computing data centers and software solutions, has revealed that Bitmain, a global leader in manufacturing digital currency mining servers, will be making a significant investment of $53.9 million in it. This move further strengthens the longstanding relationship between the two companies. Bitmain and Core Scientific have agreed to acquire new Bitcoin mining equipment and host a new hosting agreement....

David Rubenstein is a billionaire that’s suddenly seeing bitcoin in a whole new light. He commented in a recent interview that bitcoin is here to stay, and that it’s likely to make huge waves throughout the financial arena. David Rubenstein is a BTC Fan The big thing that’s caused him to change his mind is the fact that BlackRock – one of the biggest standard monetary institutions in the world – has decided to enter the bitcoin industry through a new ETF...

Rashawn Russell, a former investment banker and registered broker who worked for Deutsche Bank, has pleaded guilty to charges relating to investment fraud, after orchestrating a cryptocurrency scheme to swindle investors. The ex-Deutsche executive could face a maximum sentence of 30 years in prison for his crimes. Russell to Pay Restitution of Over $1.5 Million The United States Department of Justice (DOJ) announced Russell’s guilty plea in a press release on Sept. 19, 2023....

Microsoft has teamed up with layer-1 blockchain firm Aptos Labs to further establish its presence in both the web3 and artificial intelligence (AI) arenas. Microsoft and Aptos Have Joined Hands Mo Shaikh, the co-founder and CEO of Aptos Labs, commented in an interview: The primary focus for both of us is solving our respective industries’ problems. Aptos will run validator nodes on the Azure Cloud hosted by Microsoft, a move slated to bring higher degrees of...

Ripple’s XRP, Shiba Inu (SHIB), and Dogecoin (DOGE) are undoubtedly amongst the cryptocurrencies with the most devoted communities in the industry. Their price action tends to be explosive and directional, driven by massive retail interest. Pinning them against each other provides some valuable insights into their current market dynamics, factors that can shape their future prices, as well as specifics surrounding their tokenomics. The most obvious answer to the question is...

Ripple’s XRP has become one of the most-traded altcoins throughout the past few months, and this has largely to do with the recent ruling in the case between Ripple Labs and the United States Securities and Exchange Commission. The presiding judge, Analisa Torres, ruled that secondary XRP sales do not constitute an investment contract. This essentially means that they are not securities and do not fall under the purview of the SEC. Leading Up to the XRP Price Prediction The...

In a significant step towards tackling cybercrime and bolstering global security efforts, the IRS Criminal Investigation (CI) recently collaborated with international counterparts to provide advanced training to Ukrainian law enforcement officers. The focus was on the intricacies of cryptocurrency and blockchain tracing. Strengthening Global Efforts Against Crypto-Enabled Crime Expanding on the previous successful cyber training given to Ukrainian law enforcement in May, the...

The Bank of Russia is contemplating 2025 to be the year when the digital ruble, the local central bank digital currency (CBDC), may see widespread adoption in the country. This move indicates the central bank’s strategic approach to modernizing the payment landscape in the nation. Olga Skorobogatova, the first deputy governor of the Bank of Russia, emphasized that the digital ruble is viewed as an additional payment method alongside existing options like the Faster Payments...