The Former CEO of Kankas Heartland Tri-state Bank is sentenced to 24 years in prison. You reap what you sow is now vividly seen in the actions of Shan Hanes. The ex-CEO of failed Heartland Tri-state Bank who fell for a crypto scam, is now facing consequences for his wrongdoings.
August 20, 2024 2 mins read
Tether, the issuer of the largest stablecoin, announced via its official website through a press release that it will soon launch USDT on the Aptos Blockchain. Aptos as a Proof of Stake network, has processed more than 1 billion transactions. This collaboration is said to make digital currency more accessible
August 19, 2024 1 min read
The Twitter account of Luigi D’Onorio DeMeo, Chief Operating Officer of Ava Labs, was allegedly compromised by hackers. The breach became apparent when posts appeared on his official account promoting a newly launched Pokémon-themed memecoin associated with DeMeo. The posts were later removed. The posts, which have since been deleted,
August 19, 2024 2 mins read
MicroStrategy ETF, MSTX, has recently experienced a significant increase in trading volumes. It is driven by the increased volatility in the cryptocurrency and tech markets. Known for its heavy exposure to Bitcoin and tech stocks, MSTX has become a go-to choice for traders looking to capitalise on rapid market movements.
August 17, 2024 2 mins read
The concept of Decentralised Autonomous Organizations (DAOs) has revolutionised how communities and projects govern themselves. However, as the landscape of decentralised governance evolves, new challenges emerge. Particularly the threat of bribery within “Dark DAOs.” Ethereum co-founder Vitalik Buterin has recently raised concerns about these threats. Emphasising the need for robust
August 17, 2024 2 mins read
The Tron network founded in 2017 maintained an average of 7 million transactions per day with over 8.2 billion transactions. This network has now recorded an impressive 7.99 million daily transactions last week. The low gas fee of the network is one of the major reasons for the high number
August 16, 2024 2 mins read
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has made a significant investment in the cryptocurrency sector. By acquiring 245,000 shares of MicroStrategy (MSTR) during the second quarter of this year. This investment is valued at approximately $33.75 million, highlighting NPS’s growing interest in cryptocurrency. MicroStrategy, a
August 16, 2024 1 min read
STS Digital has announced the acquisition of Swiss market maker Flovtec, a move that underscores its commitment to enhancing liquidity solutions within the cryptocurrency space. Flovtec’s trading infrastructure and proprietary algorithms will be integrated into STS Digital’s existing platform, further strengthening its offerings. The acquisition is set to bolster STS
August 14, 2024 2 mins read
During the Blockchain Futuristic Conference in Toronto, Canada, a live discussion took place at the WonderFi main stage titled “Memecoins, Social Investing, and DeFi – How Retail Trading Will Continue Evolving.” Jelena Djuric, CEO of Noble and a panel speaker, expressed her skepticism about the longevity of these memecoins in
August 14, 2024 2 mins read
Metaplanet, a prominent player in the cryptocurrency space, has made headlines once again. On the official X page, @Metaplanet Inc. has shared the details of new Bitcoin purchases. The Japanese Public Company has acquired an additional ¥500 million worth of Bitcoins. This is after it announced its intention to acquire
August 13, 2024 2 mins read