Sam Bankman-Fried, the former CEO and founder of now-defunct crypto exchange FTX, has reportedly pleaded not guilty to fraud and money laundering charges in a court hearing on Aug. 22. Sam Bankman Fried, the former CEO and co-founder of FTX crypto exchange, has pleaded not guilty to fraud and money laundering charges levied in an...Continue Reading

Scammers have made it impossible for Indian crypto traders to conduct P2P trades owing to several police complaints and bank account freezes that follow. Peer-to-peer (P2P) cryptocurrency trading has been a staple of the cryptocurrency community since the industry’s early days.  P2P trading refers to the direct exchange of cryptocurrencies between two users without the...Continue Reading

Delphinus Lab is building a zero-knowledge proof rollup service aimed at powering Web3 application development. Zero-knowledge proof technology continues to garner interest and investment as Binance Labs becomes the latest firm to invest in ZK-proof-powered infrastructure developed by Delphinus Lab. Binance’s venture capital arm announced a strategic investment into Delphinus Lab’s zero-knowledge WebAssembly (zk-WASM) virtual...Continue Reading

The German government proposed tighter export controls on China for semiconductors and AI technology similar to measures from U.S. regulators. The deputy chancellor of Germany has reportedly proposed tightening the screening process for foreign direct investment from China, according to reports from local media outlets.  Rober Habeck, a member of the Greens coalition and economic...Continue Reading

Crypto lawyer John Deaton cited several instances where major crypto players like Coinbase reached out to the SEC for regulatory clarification before listing XRP, but didn’t face any objection. The United States Securities and Exchange Commission (SEC) lawsuit against Ripple filed in December 2020 has deprived the XRP token of nearly three years of adoption...Continue Reading

Bitcoin Realized Cap HODL Waves signal that the current bull market launch is a classic repeat of BTC price history. The Bitcoin (BTC) metric that nailed the pit of the 2022 bear market says its uptrend is still intact. In an X post on Aug. 22, creator of on-chain analytics platform LookIntoBitcoin, shared some good...Continue Reading

The freeze comes shortly after Terra’s website was compromised over the weekend by hackers who attempted to scam users via phishing attacks. Layer-1 blockchain Terra has temporarily shut down its website in order to protect users from ongoing phishing scams on the platform. “The terra(dot) money domains have successfully been frozen to prevent further user...Continue Reading

The streaming platform revealed three key principles it will abide by as it works with major figures in the music industry to better grasp AI technologies. YouTube released its “principles” for working with players in the music industry on artificial intelligence (AI) technology, on Aug. 21.  The CEO of YouTube, Neal Mohan, outlined in a...Continue Reading

The mining facility comes as part of a plan to accelerate the digitalization of Oman’s economy, which is mainly dependent on oil exports. The Sultanate of Oman has launched a new cryptocurrency mining center, the second mining facility to open in the country in the past 10 months. According to a local publication, the Oman...Continue Reading

Komainu completed the final step in VARA’s licensing process nearly 10 months after securing its MVP license in November 2022. Komainu, a joint venture between Nomura and crypto firms CoinShares and Ledger, has received a full operating license from Dubai’s Virtual Asset Regulatory Authority (VARA). The United Arab Emirates has opened its door to crypto...Continue Reading