Day: September 27, 2024

Changpeng Zhao Set for Early Release from Prison

Binance co-founder Changpeng Zhao, commonly known in the crypto world as “CZ,” is set to be released from prison on Friday evening, following a four-month sentence. Zhao had pleaded guilty to failing to maintain an effective anti-money laundering (AML) program at Binance, the world’s largest cryptocurrency exchange by trading volume, which he founded in 2017. […]

FBI Seizes Over $6 Million in Cryptocurrency from Scammers

The Federal Bureau of Investigations (FBI) has seized over $6 million in cryptocurrency from scammers based in Southeast Asia who targeted U.S. citizens. This operation marks a significant victory against international crypto fraud and showcases the growing efforts to combat cybercrime involving digital assets. Crackdown on International Crypto Fraud In a coordinated effort announced on […]

HashKey’s Decode: Legacy Brings Crypto’s History to Life

HashKey Capital brought the history of cryptocurrency to life at Token2049 with an immersive theater experience called Decode: Legacy. Hosted at Singapore’s iconic Raffles Hotel, the event broke away from traditional crypto gatherings. Instead of the usual cocktails and panel discussions, attendees embarked on a journey highlighting the vast influence and potential of blockchain technology. […]

Llama 3.2: Meta AI That Sees and Understands Everything

Meta has just unveiled Llama 3.2, an upgrade to its state-of-the-art large language model. This new version doesn’t just talk—it sees and understands everything. It’s been a great week for open-source AI, and Llama 3.2 is making headlines for all the right reasons. Meta’s Multimodal Marvel Llama 3.2 comes in four versions, each offering unique […]

DOJ Seizes Crypto Exchanges

The U.S. Department of Justice (DOJ) has taken decisive action against illicit crypto activities. On Thursday, the DOJ announced the seizure of domains linked to three cryptocurrency exchanges accused of facilitating over $800 million in illegal transactions. This move is part of a coordinated crackdown on Russian money laundering operations involving multiple federal agencies and […]

Cuban Critiques SEC Leadership

Mark Cuban, the billionaire entrepreneur and owner of the Dallas Mavericks, has been vocal about his dissatisfaction with the U.S. Securities and Exchange Commission (SEC) and its current leadership under Chair Gary Gensler. As a prominent supporter of the crypto industry, Cuban has criticized the SEC’s aggressive enforcement actions against various American crypto firms. Arguing […]