Layer N, a roll-up network focused on scaling financial applications on Ethereum, has appointed Luc Froehlich, a former executive at Fidelity International based in Hong Kong, to its advisory board. Froehlich previously served as the global head of digital asset solutions at Fidelity International, where he led the company’s exploration of cryptocurrencies and tokenized assets…
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South Korean crypto scammers are targeting chat app users on trading- and investment-themed channels, police warned on February 21. Per News1 and Daejon Ilbo, the Sejong South Police Station announced it was investigating multiple cases. The agency said that it had “received about 20 reports” from people in the city. Citizens said they had been…
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Starknet, an Ethereum layer-2 scaling protocol, commenced the distribution of its native network token, the STRK token, on February 20, witnessing a substantial uptake with millions of tokens claimed upon the launch of the provisions portal. The newly released STRK tokens experienced robust demand, with 71% of available tokens claimed within the first 24 hours…
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In a landmark decision, the High Court in Podgorica has ruled that the former Terraform Labs CEO, Do Kwon, will be extradited to the United States, sidelining South Korea’s request for his extradition. The court’s ruling comes after extensive deliberations on the legal and political implications of the extradition. Report Details Do Kwon’s U.S. Extradition…
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According to a recent report, a super political action committee (PAC) focused on the cryptocurrency industry has secured $4.9 million in contributions from Cameron Winklevoss and Tyler Winklevoss. Additionally, the super PAC named Fairshake amassed $6.3 million in funds last month, as per records from the federal elections. Crypto Leaders Amplify Blockchain PAC’s Influence With…
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Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news: Why is crypto down today? Investor Capital Moving Out On the Risk Curve Defendant Was ‘Used’ and Had ‘No Idea’ She Was Part of Crypto Fraud Hack VC Closes Oversubscribed…
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MicroStrategy executive chairman and co-founder Michael Saylor says there is no reason to sell any of his Bitcoin anytime soon, in an interview with Bloomberg’s Katie Greifeld on Tuesday. Saylor said the approval of a spot Bitcoin ETFs is a rising tide that is going to lift all boats – this phrase is metaphorically associated…
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The Central Bank of the Republic of Türkiye (CBRT) has completed the phase 1 of its digital Turkish lira. It is now planning to move on to advanced phases to carry out “more widespread pilot tests.” Per a recent evaluation report, the bank is preparing for all aspects of the circulation of the CBDC. The…
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Bill Ackman talked about his investment philosophy in a recent interview and briefly touched on cryptocurrencies. The billionaire hedge fund manager discussed the difference between speculation and investing, noting that the former involves making guesses about the future without solid knowledge. While he sees short-term crypto trading more as a speculative move, he believes there…
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Cryptocurrency advocate John Deaton has formally announced his candidacy for the Senate in Massachusetts, setting his sights on unseating the current Democratic Senator Elizabeth Warren from her position. “I’m excited for the opportunity to fight for change, and for the people of Massachusetts in the United States Senate,” Deaton wrote on Tuesday. Deaton vs. Warren:…
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