Ex-Alameda Research CEO to report to prison for 2-year sentence
Caroline Ellison has been free on bail since her guilty plea in 2022, testifying at Sam Bankman-Fried’s criminal trial and subject to intense scrutiny by the media.
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Algorand upgrade boosts speed, adds trustless cross-chain communication
Algorand has increased its transaction speed, processing capacity and cross-chain functionality with a major upgrade. 229 Total views 9 Total shares Pure proof-of-stake (PPoS) blockchain Algorand has introduced cross-chain communication and transaction speed improvements with the latest upgrade to its protocol.The layer-1 blockchain network announced the implementation of State Proofs to its mainnet, which introduces trustless…

Tron network leads in stablecoin market share amid growing monthly transfer volume
Tron’s share of the stablecoin market continues to grow as the network’s adjusted transfer volume in USDT hit $384 billion in July.

Bulls largely absent as Bitcoin price slips to the bottom of its range near $32K
Traders appear to be sitting on their hands even as Bitcoin price drops closer to a critical support level at $32,000. 511 Total views 2 Total shares Within the past few hours, a fresh wave of selling pushed Bitcoin (BTC) price close to the $32,000 support level as the low trading volume and general disinterest…

Terra projects band together in migration to Polygon ecosystem
Projects formerly running on the fallen Terra blockchain have collaborated to help each other migrate over to the Polygon layer-two network. 326 Total views 61 Total shares More than 48 different crypto projects formerly based on the failed Terra ecosystem have found a resurgence by migrating over to Polygon. Polygon Studios CEO Ryan Wyatt expressed delight…

Lufthansa airline launches NFT loyalty program on Polygon
Airline passengers can get rewards such as flight upgrades or airport lounge access after completing NFT collections. 89 Total views 2 Total shares Lufthansa, one of the largest airline groups in Europe, has launched its nonfungible token (NFT) loyalty program on the Polygon Network. The program will allow passengers to turn their trips into NFTs

Money or Assets? How World Governments Define Cryptocurrencies
Cryptocurrencies — what are they? Money? Commodities? Securities? Utility tokens? Or something else? Few national governments seem to be in any kind of agreement on this question, and for now, at least, their divisions have given such currencies as Bitcoin and Ethereum a floating, indeterminate status on the global stage. As a result, cryptocurrencies lack…

Alaska adds ‘virtual currency’ to its regulatory regime
Starting in 2023, the companies will have to obtain a new type of license to operate with crypto in the state. 198 Total views 3 Total shares Own this piece of crypto history Collect this article as NFTFrom Jan. 1, 2023, the term “virtual currency” will take its place in the money transmission regulations of…

Amidst Recent Market Crash, Susquehanna ‘Crypto King’ Emphasizes Crypto Is a ‘Long Game’
Bart Smith, digital asset head at U.S.-based global trading and technology firm Susquehanna, has said he is still a long-term Bitcoin (BTC) believer amidst the market crash during an episode of CNBC’s “Fast Money” Nov. 20.Speaking just as the price of Bitcoin had plummeted to its lowest levels since October 2017, Smith — who is…