Crypto mixer founder argues 30-year prison sentence is ‘unwarranted’
In March, a jury convicted Bitcoin Fog founder Roman Sterlingov of four counts related to money laundering through the operations of the crypto mixing service.
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Expanding ecosystem and LedgerX acquisition send FTX Token (FTT) to a new ATH
FTT price soared to a new all-time high after FTX exchange added LedgerX to its ever-expanding list of acquisitions and partnerships. 721 Total views 12 Total shares Real-world adoption and brand awareness are one of the best ways for a blockchain project to increase its value and attract new users to users to its ecosystem. One…

WazirX gets Singapore court approval to repay victims of $235M hack
WazirX’s restructuring plan, approved by the Singapore High Court, paves the way for restoring user funds stolen in a $235 million hack linked to North Korea’s Lazarus Group.

Bitcoin Mining Industry is Booming as Difficulty Soars 14% to New High
Mining difficulty on the Bitcoin (BTC) network has taken its steepest upturn in almost a year, data from major Chinese mining pool BTC.com reveals.On July 9, difficulty surged by over 14% to hit 9.06 trillion (9.06 T), at an average hash rate of 64.85 EH/s — a new all-time-high in the network’s history.The last time…

Solayer, OpenEden launch Treasury-backed stablecoin on Solana
Solayer says anyone can mint the yield-bearing sUSD token with at little as $5 in USDC.

DeFi DApps activity rises 3.7% in August for first time since May — Report
Despite a slight recovery, DeFi TLV has lost $250 billion this year. 191 Total views 11 Total shares DeFi dapps showed a slight recovery for the first time since May, with the daily average of unique active wallets (UAWs) increasing 3.7% on a month-over-month basis, according to a report from DappRadar. The rise was partially driven by the…

Former Prudential Securities Chief Executive Ball Bats for Bitcoin
Bitcoin is both a long-term safe haven and short-term speculative asset, Ball said. 1487 Total views 22 Total shares Former Prudential Securities chief executive and current chairman of Sanders Morris Harris George Ball sees Bitcoin as a safe haven for those looking for different investments. In an interview with Reuters on August 14, Ball admitted he…

Walmart’s Foray Into Blockchain, How Is the Technology Used?
Walmart is currently making use of blockchain technology to create a food traceability system based on the Linux Foundation’s Hyperledger Fabric. Along with IBM, the retail giant has already tested two proof-of-concept projects to examine its envisioned system. The first project deals actively with tracing the origins of the mangoes being sold across Walmart’s stores in…

Coffeezilla calls out AI firm Rabbit over alleged NFT scam
Coffeezilla said that the artificial intelligence product Rabbit R1 was overhyped, similar to the Gama NFT project, which he believes to be a “scam.”