The US Commodity Futures Trading Commission (CFTC) has announced a landmark achievement in a fraud case related to Bitcoin, which has resulted in a penalty payment of $3.4 billion. The case revolved around Mirror Trading International Proprietary Limited (MTI), a company that allegedly deceived thousands of investors by illegally obtaining over $1.7 billion worth of…
TABOO is in the final stages of concluding a lucrative deal with an ex-JP Morgan superstar that will bring in an 8-figure investment. This strategic move will not only increase the platform’s financial resources but also strengthen its position as the Number 1 Adult project on blockchain. With the new infusion of capital, TABOO is…
People are now able to conduct business without the need for intermediaries and with better transparency, thanks to the rise of decentralized finance (DeFi), which has arisen as a popular alternative to traditional finance in a very short amount of time. On the other hand, due to the complexity of the DeFi system and the…
In a groundbreaking development within the DeFi ecosystem, liquid staking solutions such as Lido and Rocket Pool have surpassed decentralized exchanges (DEXs) in total value locked (TVL). As reported by the crypto analytics platform DefiLlama, these solutions now dominate the DeFi sector. The Importance of TVL TVL serves as a vital metric for determining the…
The French automobile company Renault has announced the release of its second NFT collection, RACING SHOE5. It combines one-of-a-kind sneakers inspired by the classic first-generation R5 Turbo models and their digital counterparts as 3D NFT art registered on the blockchain. The release was followed by the successful launch of its first R5 NFT collection last…
CertiK, a blockchain security firm, has responded to a “rug pull” scam that caused $160,000 to be stolen from Merlin, a zkSync-based decentralized exchange. CertiK claims that the scam was perpetrated by insiders at Merlin who exploited their wallet privileges. Despite making efforts to work with Merlin to retrieve the stolen funds, CertiK was unable…
South Korean authorities have successfully recovered assets worth $160M from 8 employees of Terraform labs including that of the co-founder Daniel Shin. These 8 employees were linked with the collapse of Terraform Labs. The Southern District Prosecutor Office of Seoul has seized the assets. What assets were recovered? On April 3, the authorities reported that…
EHP Technologies, a first-of-its-kind fifth-generation heating and cooling technology company, has launched its revolutionary greenhouse heating systems. According to the CEO of EHP Technologies, Mr. Anıl Çil, the idea behind the development and launch of the EHP Heating Systems was motivated by the need to ensure a healthy and clean environment devoid of the harmful…
ASIC (The Australian Securities and Investments Commission) has decided to cancel the derivative license of Binance after carrying out strong research on the company’s operation in the country. It was disclosed in a press release on Thursday. This means that Australian traders will not be able to increase their derivative position or add up new…
Crypto 306 is set to organize its annual event to bring the global crypto community under one roof. This year, the event will be held on the 8 & 9th of May at The Ritz-Carlton Hotel, Dubai, and will focus on increasing awareness about crypto projects by bringing together traditional & corporate companies to meet with…
