Reading Time: 2 minutes Blockchain security firm Arkham has disclosed that there are millions of dollars lay unmoved in DeFi bridges Arkham noted that the funds may be stuck or forgotten Some of the funds are associated with Ethereum co-founder Vitalik Buterin and crypto exchange Coinbase Blockchain intelligence firm Arkham has discovered millions of dollars in DeFi bridges that have been unmoved for months. According to Arkham, the phenomenon means either their owners no longer have access to the funds or that they’ve intentionally left the funds untouched. Some of the millions are held in ..read more

Reading Time: 2 minutes Hong Kong police have recently frozen assets worth over US$29 million linked to the collapsed cryptocurrency exchange JPEX The total number of individuals arrested in connection to JPEX, including employees and influencers, has now reached 72 More than 2,600 customers were impacted when the exchange shut down last September Hong Kong police officials announced recently that they had frozen assets exceeding US$29 million associated with JPEX, the cryptocurrency exchange that collapsed last September. This has resulted in more arrests, taking the total number of individ ..read more

Reading Time: 2 minutes FTX customers have found a new ally in their fight against FTX celebrity promoters: Sam Bankman-Fried Bankman-Fried has agreed to assist customers in their fight against celebrity promoters in return for the dropping of a class-action suit The deal would see the former FTX CEO hand over information regarding the various celebrity deals FTX customers have a new ally in their fight against the exchange’s celebrity promoters: Sam Bankman-Fried. The freshly jailed prisoner has agreed on a deal with a group of customers who had started a class-action lawsuit against him wh ..read more

Reading Time: 2 minutes Two Securities and Exchange Commission lawyers have resigned amidst a federal judge’s allegations of “gross abuse” of power in the case against Debt Box Michael Welsh and Joseph Watkins, lead attorneys on the case, stepped down amid mounting criticism of the SEC’s handling The SEC has acknowledged using “false and misleading representations” to obtain sanctions against Debt Box Two Securities and Exchange Commission (SEC) lawyers have stepped down following a federal judge’s accusations of a “gross abuse” of power in its case against Debt Box. Michael Welsh and Joseph ..read more

Reading Time: 2 minutes The Runes project officially launched on the Bitcoin blockchain on April 20 The project has received widespread adoption with a meme coin dubbed DOG being among the first to use the protocol Its creator described Bitcoin as the “main event” and Runes as “a fun sideshow” Bitcoin Ordinals creator Casey Rodarmor has launched the much anticipated Runes protocol that focuses on fungible tokens, especially meme coins. The launch coincided with the Bitcoin halving phenomenon that took place on April 20 cutting miners’ rewards by half. Although the project’s creator described ..read more

Reading Time: 3 minutes Crypto is a male-dominated world, with over 85% of the space being male Men are inherently more inclined to take risky behavior, which crypto certainly involves Why is crypto more attractive to men than women? It’s a common fact that cryptocurrency is a male-dominated arena, 85.77% dominated according to data from Coin Dance, but this doesn’t just extend to the projects themselves – according to a September 2018 survey by Circle, men are twice as likely to invest in cryptocurrency than women. But what is it about cryptocurrency investing that is more attractive to men ..read more

Reading Time: 2 minutes The Human Rights Foundation has announced the creation of the Finney Freedom Prize, honoring those who have made significant contributions to Bitcoin Finney, recognized for his pivotal role in Bitcoin’s early development, will posthumously receive the inaugural award The foundation has reserved ₿33 from its treasury to support future iterations of the award. The Human Rights Foundation has revealed the establishment of the Finney Freedom Prize, named after the late computer scientist and privacy advocate Hal Finney. Finney, known for his pivotal role in the early deve ..read more

Reading Time: 2 minutes An Indian man has admitted to stealing $9.5 million from Coinbase users by creating a counterfeit website Chirag Tomar’s fraudulent scheme involved tricking victims into disclosing login details, facilitating the theft from numerous individuals. Arrested in December 2023, Tomar confessed to the crime last week and awaits sentencing later this year. An Indian citizen, Chirag Tomar, confessed last week to stealing $9.5 million through a sophisticated cyber scam targeting users of crypto exchange Coinbase. Tomar’s scheme involved creating a fake version of Coinbase’s web ..read more

Reading Time: 2 minutes Alexander Vinnik will change his plea in his US money laundering trial next month Vinnik has proclaimed his innocence since his August 2022 extradition to the US It seems that the Russian will plead guilty at the hearing Alexander Vinnik is set to change his plea in his US money laundering trial at a hearing next month. Vinnik was extradited to the US in August 2022 following his release from prison in France where he was charged with laundering around $4 billion in stolen funds through the defunct crypto exchange BTC-e. BTC-e laundered funds from hackers for six year ..read more

Reading Time: 2 minutes Maison Margiela  has entered the web3 space with an NFT collection Dubbed MetaTABI Collection it seeks to link the digital with the physical world The collection was created in partnership with virtual fashion firm The Fabricant Luxury brand Maison Margiela has launched an NFT collection known as MetaTABI with the help of virtual fashion house The Fabricant. Margiela intends to use the collection to link the digital and the physical worlds, with collectors positioned to enjoy unique experiences. The collection features the brand’s iconic Tabi boot and it’s Maison ..read more