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Report: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis

Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citing “people familiar with the matter” states that federal prosecutors from New York are scrutinizing transfers between Digital Currency Group and its subsidiary, Genesis Global Capital. Report Claims Digital Currency Group, Genesis Global Capital Allegedly…
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Avalanche creates $200 million fund to lure top crypto devs

The $200 million fund aims to foster growth and innovation on the Avalanche network. The Avalanche Foundation has unveiled “Blizzard” — a fund offering more than $200 million in incentives to developers who build on the Avalanche (AVAX) network. The fund will provide liquidity to those early-stage projects that innovate decentralized finance (DeFi) applications, nonfungible…
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Aussie cyber spies to control critical infrastructure during ransomware attacks

The new bill, if passed, will allow cyber warfare operatives to take over control of critical infrastructure under attack. Australia’s top cyber spies are set to gain greater powers in the event of ransomware or other cyber attacks on critical infrastructure. The Australian Signals Directorate (ASD), a government agency in charge of cyber warfare and…
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