Crypto.com Drama: Employee Charged in $47K Extortion Plot
Jose Luis Alonso Melchor was recently arraigned in a Malta court, facing allegations of threatening to disclose sensitive information unless he received €44,000 ($47,666) in compensation following his termination from the Singapore-based crypto exchange Crypto.com. Melchor, who held a position granting access to confidential data, allegedly violated an attachment order and unlawfully accessed company information. […]
Can Bitcoin Miners Lead the AI Revolution?
Research firm Bernstein has presented a compelling case for Bitcoin mining firms to transition into building AI data centers. These mining companies could derive up to a third of their future enterprise value from the AI sector. The report anticipates that 30%-35% of their 2025 estimated enterprise value (EV) will come from the AI vertical, […]
Telegram’s Blockchain Leap: TON Partners with Polygon
The Open Network (TON), closely linked to the well-known messaging platform Telegram, is set to unveil its first layer-2 scaling network through a collaboration with Polygon Labs. This strategic partnership is designed to connect TON with the Ethereum ecosystem, utilizing Polygon’s Chain Development Kit (CDK) and AggLayer interoperability protocol to support Ethereum Virtual Machine (EVM) […]
Justin Sun Unveils Gas-Free Stablecoin Transfers on Tron
Justin Sun, the innovative mind behind the Tron blockchain, has announced a groundbreaking development that could revolutionize how stablecoins operate on blockchain networks. In a recent flurry of posts on the social media platform X, Sun revealed that his team is crafting a new technology to enable gas-free transfers of stablecoins. According to Sun, this […]
Firedancer’s $1 Million Bug Bounty: Solana’s Security Sprint
In a bid to enhance the security and performance of the Solana blockchain, developers have a new lucrative opportunity. The bug bounty program for Firedancer, Solana’s newly developed validator client, offers rewards up to $1 million. This initiative is led by Jump Crypto, which developed Firedancer with the objective of boosting Solana’s throughput, resilience, and […]
Pavel Durov Hails Hamster Kombat as Blockchain’s Breakout Star
Telegram’s CEO, Pavel Durov, has recently endorsed Hamster Kombat, declaring it “the fastest-growing digital service in the world.” On Thursday, through his Telegram channel, Durov portrayed Hamster Kombat as the frontrunner in a “new wave” of mini apps, signaling a transformative era that could mainstream blockchain technology. Durov’s remarks come as Hamster Kombat continues to […]
Mt. Gox Fallout: Bitcoin’s Tumultuous Wake
A decade after its collapse, the Mt. Gox bankruptcy saga takes a new turn as Bitcoin distributions commence, triggering tremors across the cryptocurrency market. This Friday marked a significant dip in Bitcoin’s value, plunging to its lowest since February at $53,898, as per CoinGecko. This 27% nosedive from its March peak of $73,700 represents the […]
Crypto Champions in the Senate: Multicoin’s Million-Dollar Bet
Multicoin Capital, a prominent U.S. investment firm with a keen focus on cryptocurrency, has announced an ambitious initiative pledging up to $1 million to support Senate candidates who are proponents of the crypto industry. The firm’s financial backing targets four Republican candidates: Sam Brown in Nevada, David McCormick in Pennsylvania, Bernie Moreno in Ohio, and […]
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