Judge delays sentencing of IcomTech promoter to allow testimony
Gustavo Rodriguez, who was initially scheduled to be sentenced following his conviction for conspiracy to commit wire fraud, will testify under oath on Oct. 25.
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Japanese Banks Launching Digital Currencies Could Inspire the Traditional Cash Society
Japan is known as a land of contrasts. A country where serenity and tranquillity can be found in the middle of the hustle and bustle of large global cities, where proud traditionalism stands side-by-side with the developers and innovators of breakthrough technologies, where kimonos are often found next to the latest fashion trends.This contradictory tendency…

DAOs: Where humans may fail, AI could succeed
Decentralized autonomous organizations (DAOs) offer a new way of organizing businesses in a non-hierarchical structure that encourages participation from every member of a community. With no central leadership and decisions made collectively, DAOs could revolutionize the way we think about work, but their implementation is not without challenges. The term DAO is sometimes used to refer…

UAE stablecoin issuer gets greenlight, FTX customers sue hedge fund: Law Decoded
While the UAE central bank has given a significant regulatory nod to a new stablecoin, an FTX customer sued hedge fund Olympus Peak over its alleged profits from the exchange’s meltdown.

Is Solana following Ethereum? SOL price continues slump vs. Bitcoin
Solana needs to hold above the crucial $120 support to avoid a potential correction below $100, according to market analysts.

Japan’s Line Replaces Singapore Crypto Exchange With New US Platform
Japanese messaging giant Line has shuttered its Singapore-based crypto exchange and relaunched it as a global, rebranded United States-based platform.On Feb. 27, the team of the exchange — which first launched as BitBox in Singapore back in 2018 — revealed that the new U.S. platform will take the new name BitFront.All changes to take immediate…

Crypto swiping malware infects 28K users, steals just $6K: Report
A cryptojacking and stealing malware infected tens of thousands of devices over the past few months, but the attackers made off with only around $6,000.

Crypto Biz: Consolidation ramps up among crypto firms
This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.