U.S. authorities want Changpeng Zhao, Binance‘s founder, to serve a 36-month prison term due to the significant impact of his deliberate lawbreaking against U.S. regulations. Changpeng Zhao, the founder and ex-CEO of Binance, could serve a three-year prison term after admitting to money laundering law infringements, according to U.S. prosecutors’ latest court submission. This sentence … Read more
The IBC protocol, which is used by Cosmos developers for inter-blockchain communication, had a major security issue that could have led to the loss of more than $126 million worth of assets. This vulnerability was initially discovered and reported by Asymmetric Research. Fortunately, the developers were able to find a solution and resolve the issue. … Read more
During the NBA Playoffs, Coinbase is planning to spend $15 million on three advertisements with the goal of attracting sports enthusiasts towards the realm of cryptocurrency. These ads are scheduled to be broadcasted on networks including TNT, ESPN, ESPN2, and ABC. Using the lighthearted illustration of pizza, the advertisements accentuate the intricacy of conventional payment … Read more
Pepe (PEPE) has recorded an impressive price surge over the past day amid inflated whale activity. PEPE has surged by 18.5% over the last 24 hours and is currently priced at $0.0000080. The meme token’s market value has grown to a substantial $3.31 billion, positioning it as the 37th largest cryptocurrency in circulation at this … Read more
After BlackRock revealed its plans on April 13 to tokenize its money market fund on the Hedera Blockchain, Hedera’s native cryptocurrency, HBAR, experienced a significant rise of around 100% and is now priced at about $0.13 – an increase triggered by this development from BlackRock. With the assistance of Archax, a digital asset company based … Read more