Former Ethereum developer Virgil Griffith has been sentenced to 63 months in prison and a $100,000 fine for violating sanctions on North Korea. Virgil Griffith, a former Ethereum (ETH) developer has been sentenced to 63 months in prison and will pay a fine of $100,000 for attending a conference and assisting North Korea use blockchain...Continue Reading

“It is a natural extension for the future of gaming that it will expand to involve new areas such as cloud gaming and NFTs” said Sega producer Masayoshi Kikuchi. Japanese gaming giant Sega is looking at integrating cloud technology and NFTs as part of its new “Super Game” project to connect different games to each...Continue Reading

Frances Haugen, Facebook whistleblower at large, has now turned her focus to the Metaverse. She is worried about how Meta will handle privacy and intensely sensitive information. Facebook whistleblower Frances Haugen has taken aim at Meta in a new interview, suggesting that its version of the Metaverse will simply repeat all of its past mistakes....Continue Reading

Ripple Labs was able to gain a victory against the SEC in its ongoing securities fraud case. The judge on the case denied the SEC’s motion to review certain documents that may not be material to the prosecution. Ripple Labs has struck a blow against the Securities and Exchange Commission’s (SEC) case after the presiding...Continue Reading

Chris Dixon has topped the Forbes “Midas List” as the most successful venture capital investor in 2022. Crypto venture capital firms have been investing at unprecedented rates recently and Andreessen Horowitz is one of the industry’s leaders making huge returns on their investments. Andreessen Horowitz (a16z) general partner Chris Dixon has topped the Forbes “Midas...Continue Reading

Pantera Capital CEO Dan Morehead expects the $1.3 billion blockchain fund to close over the next “three or four weeks” once the due diligence from large institutions has been wrapped up. Crypto hedge fund giant Pantera Capital is set to close a blockchain fund next month that is backed by around $1.3 billion worth of...Continue Reading

The company has decided to begin accepting PoS crypto again after an outcry against Bitcoin forced it to suspend such donations earlier this year. The company behind the Firefox internet browser Mozilla is attempting to appease its environmentally-conscious community by accepting only Proof-of-Stake (PoS) crypto donations. The company initially halted all crypto donations in January,...Continue Reading

Nonfungible token platforms incorporating Web3 and the metaverse continue to attract sizable investments from venture capital firms. Nonfungible token (NFT) startup Genies has secured $150 million in Series C funding at a valuation of $1 billion, making it the latest crypto-focused platform to attain “unicorn” status.  The funding round was led by California-based private equity...Continue Reading

The network also pledged $20 million to offsetting their carbon footprint and fostering an industry wide movement. The Polygon network announced on Tuesday its commitment to going carbon neutral and climate positive this year by releasing their “Green Manifesto: A Smart Contract with Planet Earth.” They also made a $20 million pledge to offset their...Continue Reading

“In these circumstances we can no longer continue to serve our clients from Russia,” said Vitalii Kedyk, CEO of Currency.com’s Ukraine arm. Crypto trading company Currency.com has announced it halted operations for clients based in Russia following the country’s “violence and disorder” imposed on the people of Ukraine. In a Tuesday announcement, Currency.com said Russian...Continue Reading