Crypto founder paid LA cops to extort victim for crypto, FBI alleges

After months of bluster and braggadocio, decentralized finance (DeFi) platform Sushi is finally revealing the long-awaited “7/20” project update — but it remains to be seen if the new product will live up to the hype. Taking the stage this morning at the Ethereum Community Conference in Paris, Sushi CTO Joseph Delong pulled back the curtain…

BTC remains the best bet when it comes to avoiding Canada lawmakers' overreach, proponents argue. 304 Total views 26 Total shares Canada's war on Bitcoin (BTC) appears to be backfiring as the country's flagship exchange-traded fund (ETF) adds thousands of BTC.Data from on-chain monitoring resource Coinglass shows that over the two weeks to Feb. 24,…

Crypto exchange OKX has denied ongoing investigations by the European Union on its social media channels. European Union regulators are reportedly looking into a service offered by crypto exchange OKX that may have played a role in the laundering of $100 million in funds from the Bybit hack, according to Bloomberg. A March 11 Bloomberg

US authorities relocated the former FTX CEO to the Federal Correctional Institution in Terminal Island after he participated in a reportedly unsanctioned interview. Former FTX CEO Sam “SBF” Bankman-Fried has moved from a transit facility to a California prison that once housed infamous gangster Al Capone. According to the Federal Bureau of Prisons website, officials

An esports platform with a working product on the Ethereum mainnet says it is tackling the centralized nature of the online betting industry by enabling users to place wagers with their friends and family instead of old-fashioned bookmakers.Hero says it has amassed more than 260,000 registered users and a community in which anyone can create…

Blockchain’s has surpassed 2^92 double-SHA256 hashes, hitting a new milestone. 701 Total views 27 Total shares With block #632874, which was mined on June 3, the Bitcoin (BTC) blockchain’s expected cumulative work hit a new milestone. According to Blockstream co-founder Pieter Wuille, it has now surpassed 2^92 double-SHA256 hashes, or 4951760157141521099596496896 hashes.Wuille noted that the previous…

Bitcoin (BTC) has risen more than 120% year-to-date, indicating that the crypto sentiment has improved significantly. Solid buying has resulted in a sharp increase in crypto wallets holding more than $1 million in Bitcoin this year from 23,795 on Jan. 1 to 81,925 currently, according to BitInfoCharts data.After the substantial rally, Bitcoin could face headwinds

Crypto functions much like traditional fiat money, offering an easy way to pay for goods and services and compensate workers for their labor. What’s even more promising is that crypto offers a number of benefits over fiat, with its decentralized nature eliminating the need for centralized intermediaries. Depending on the blockchain, transactions can be processed…