Jamie Dimon Praises Blockchain and Decentralized Finance
Jamie Dimon – CEO of JP Morgan Chase – showed strong support for decentralized finance and blockchain technology in a recent letter to shareholders. His new take appears to be…
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Kakao Piccoma Acquires the Japanese Crypto Platform Sakura Exchange Bitcoin (Report)
Kakao Piccoma – a Japanese subsidiary of South Korea’s mobile app operator Kakao Corporation – reportedly acquired a controlling stake in the crypto platform Sakura Exchange Bitcoin. Through this move,…
Intel Launches New Energy-Efficient Chip for Bitcoin Mining
The newly developed processor for the proof-of-work algorithm can deliver up to 580 GH/s hash rate and can operate up to 26 J/TH power efficiency. The tech giant believes the…
Cardano Foundation and University of Zurich Partner for Academic Blockchain Research
The Cardano Foundation – a non-profit overseeing Cardano’s development – has announced a three-year collaboration with the University of Zurich (UZH) to bolster academic blockchain research and education. The organizations’…
Binance CEO: Using Crypto to Avoid Sanctions Is A Myth
Chengpeng Zhao, aka CZ, CEO of Binance – believes that cryptocurrencies are a terrible option for evading sanctions. Cryptocurrencies have come in aid to the Ukrainian government as well as…
Ledger-Shopify Data Breach Saga Not Over Yet, Another Class Action Lawsuit Filed
A group of Ledger users has filed a class-action lawsuit in the United States District Court of Delaware against Global e-commerce platform Shopify, its third-party data consultant TaskUs as well…
Germany Halts Russian Darknet Marketplace Hydra, Confiscates $25 Million in Bitcoin
Frankfurt’s Central Office for Combating Cybercrime (ZIT) and the Federal Criminal Police Office (BKA) conducted a joint operation against the Russian Darknet Marketplace “Hydra Market.” The authorities shut down its…
CELO Skyrockets to 3-Month High After Launching $20 Million Incentive Program
CELO’s price went up by more than 60% since the start of April to its highest point in over three months. This comes amid the project’s latest initiative that plans…
FTX US Invests in IEX to Build Cryptocurrency Securities Trading Infrastructure
FTX US made a “strategic investment” in IEX Group (a US-based stock exchange). The collaboration will aim to set up a comprehensive and transparent market structure for dealing with digital…
DOJ Confiscates $34M Worth of Crypto From Dark Web Hacker
American law enforcement agents seized approximately $34 million worth of digital assets tied to illicit Dark Web activity. The operation marked one of the largest confiscations of cryptocurrencies ever executed…
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