Man Pleads Guilty in Meijer Loyalty Program Fraud Case, Forfeits Crypto
Nicholas Mui, 22, from Grand Haven, Michigan, has pleaded guilty in the 17th Circuit Court in Kent County to conducting...
Month: July 2024
Zimbabwean Miner Launches Blockchain-Based Gold Tracking System
Zimbabwean mining company, Kuvimba Mining House, has introduced a blockchain-based mine-to-market traceability system for its gold production in the country....
UAE Blockchain and AI Startup Sentient Labs Secures $85 Million in Seed Funding
Sentient Labs, a UAE-headquartered startup, has successfully raised $85 million in seed funding. The funding round was spearheaded by billionaire...
Arthur Hayes’ Maelstrom announces Bitcoin grant program of up to $250K per developer
The new Bitcoin grants program could invite more innovation for Bitcoin-native DeFi, or BTCFi.
Aethir’s GPU-as-a-service hits $36M revenue with 10% monthly growth
The decentralized GPU network puts unused capacity to work for gaming, AI, smartphones and edge computing.
Tokenized US Treasurys could reach $3B by end of year
Tokenization could be a multitrillion-dollar market opportunity, according to the world’s largest management consulting firm.
South Korea’s ruling party proposes delaying crypto tax to 2028
If the new proposal is approved, implementing the country’s crypto gains tax will be delayed by nearly seven years from...
Degen Chain user loses 90% funds during bridge transfer
A bug on Degen Chain’s service providers leads to significant user fund loss, sparking criticism on the layer 3 ecosystem.
Polygon launches upgraded ZK proving system Plonky3
Polygon Labs unveils Plonky3, enhancing Ethereum scalability with improved zero-knowledge proof configurations and modular flexibility for developers.
Kraken and Tottenham Hotspur score big in crypto partnership
Kraken is now Tottenham Hotspur’s first official crypto and Web3 partner, with the goal of boosting fan engagement and increasing...
African blockchain venture funding down 74% in H1 2024 — CV Labs
CV VC noted that Africa’s higher blockchain venture activity suggests a regional focus on blockchain solutions to address unique challenges.
VC Roundup: Venture firms push Web3 forward despite macro headwinds
This edition of Cointelegraph’s VC Roundup features Mira, Astria, Compute Labs, BOB, Dora and BITKRAFT Ventures.
Craig Wright admits he’s not Satoshi, issues disclaimer on his website
The Crypto Open Patent Alliance accused Wright of forgery in court and claimed that he “invented an entire biographical history.”
Li.Fi protocol attacked, $10M drained
The Li.Fi protocol experienced a security breach when hackers exploited a specific contract address, resulting in the loss of over...
Proof-of-funds technology seeks to replace exchanges’ reserves reports
Data lake provider Tres is introducing a new mechanism to track exchange and custodian reserves, joining Chainlink and other solutions...
