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NEWS

Polygon CEO Sparks Debate Over Ethereum’s Layer-3 Networks

In a recent controversy, Polygon CEO Marc Boiron ignited a heated discussion within the Ethereum community by arguing against the necessity of layer-3 networks for scaling Ethereum. Boiron’s comments, made...
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Former FTX CEO Sam Bankman-Fried Sentenced to 25 Years in Prison for Felony Charges

Former FTX CEO Sam Bankman-Fried, known as “SBF,” has been handed a 25-year prison sentence by Judge Lewis Kaplan of the United States District Court for the Southern District of...
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Binance Executive Files Lawsuit Against Nigerian Authorities Over Detention

According reports, Tigran Gambaryan, the head of financial crime compliance at Binance, has taken legal action against Nigerian officials, including the National Security Adviser (NSA) and the Economic Financial Crimes...
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Bitwise Files Application for Ethereum Spot ETF Amidst Growing Competition

Reports says, crypto investment firm Bitwise submitted an application to the Securities and Exchange Commission (SEC) for the launch of a spot Ethereum Exchange-Traded Fund (ETF). This move by Bitwise...
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FTX Battles to Devalue “Sam Coins” in Bankruptcy Case, Investors Push Back

According reports, cryptocurrency exchange FTX is fighting tooth and nail to devalue claims on certain digital tokens, dubbed “Sam Coins,” entangled in an ongoing bankruptcy saga. The exchange contends that...
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Ethereum Co-founder Vitalik Buterin Proposes Decentralization Boost through Penalty System Overhaul

In a bid to enhance decentralization within the Ethereum network, Vitalik Buterin, the co-founder of Ethereum, unveils plans to revamp its penalty system, as outlined in a recent blog post....
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Binance Executive Escapes Custody in Nigeria Amid Tax Evasion Allegations

Nadeem Anjarwalla, one of the Binance executives detained in Nigeria over accusations of tax evasion and other offenses, has allegedly made a daring escape from custody, throwing authorities into a...
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EU Enforces Stricter Regulations on Cryptocurrency Payments and Wallets

In a significant regulatory move, the European Union (EU) has implemented stringent measures against cryptocurrency transactions involving unidentified self-custody wallets, effectively rendering them illegal across the continent. The decision, which...
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The U.S. Securities and Exchange Commission Delays Decision on Grayscale Ethereum Futures Trust’s ETF Application

In a recent filing, the U.S. Securities and Exchange Commission (SEC) announced that it will be extending its review period for Grayscale Ethereum Futures Trust’s Ethereum ETF application. Originally due...
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MicroStrategy Bolsters Bitcoin Reserves with $604 Million Offering

MicroStrategy, a major player in the cryptocurrency space, has once again solidified its position as one of the largest public holders of Bitcoin (BTC). On March 18, former MicroStrategy CEO...
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