Author: CryptooTimes
“By donating to Protocol Guild, eligible recipients show long-term alignment with the LayerZero protocol and a commitment to the future of crypto,” LayerZero said in an X post. “To claim ZRO, users must donate $0.10 in USDC, USDT, or native ETH per ZRO. This small donation goes directly to the Protocol Guild.”
The FBI has indicted four members of the infamous FIN9 group for orchestrating crypto-related hacking attacks on U.S. companies, which resulted in over $71 million in losses. FIN9 members — Ta Van Tai, Nguyen Viet Quoc, Nguyen Trang Xuyen, and Nguyen Van Truong — allegedly hacked into the computer networks of various U.S. companies. Between May 2018 and October 2021, non-public information — including private data on employee benefits, and funds — was stolen. According to the indictment, the cybercrime members infiltrated company networks through phishing campaigns and supply chain attacks. The indictment details how members of FIN9 gained unauthorized…
The Hong Kong Legislative Council is actively seeking feedback on several critical aspects of Web3 policy development, including balancing technical, legal, and regulatory frameworks.
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Last month, rumors swirled that Nike might shut down RTFKT, the innovative digital sneaker brand it acquired for a staggering $1 billion in 2021. Although the speculation turned out to be unfounded, it triggered a deeper contemplation: Has web3, with its promises of decentralization and digital ownership, truly delivered for consumer brands? My answer is a resounding no. Large consumer brands are simply too rigid and risk-averse to innovate effectively within this new paradigm. They have adopted…
Dell’s message on X follows his $2.1 billion cash out from his Dell Technologies Class C common stock holdings.
Crypto assets enjoyed a rally during the European morning, lifting bitcoin around 1.5% over 24 hours to $66,300 and ether 2% to $3,600. The broader digital asset market, as measured by the CoinDesk 20 Index (CD20) has climbed about 1%, with Avalanche’s AVAX the biggest gainer at just under 3.9%. XRP has risen by 1.5%, while Solana’s SOL gained 1.3%. SOL, as the closest thing to an ether competitor in the altcoin market, may be experiencing downside as traders anticipate the listing of spot ETH ETFs in the U.S., an event thought likely sometime in the next few months.
Tron price has risen for three straight days after on-chain data pointed to robust performance of its ecosystem. TRX jumped to a high of $0.1185 on Friday, its highest point in a month. It has soared by over 7.65% from its lowest point this month as other altcoins like Ether, Solana, and Pepe slumped. Tron price chart According to TronScan, the 24-hour trading volume of Tether (USDT) on Tron surged to over $53 billion. This happened as the number of transfers jumped to over 2.18 million while the number of holders soared to over 45.32 million. The number of USDT…
The Chamber proposes adding a field to the form for brokers to indicate if a digital asset has a different tax rate, such as NFTs taxed as collectibles, to prevent errors and ensure accurate reporting.
“The FCA has an important role to play in keeping dirty money out of the U.K. financial system,” Therese Chambers, the FCA’s executive director of enforcement and market oversight, said in the statement. “These arrests show we will do everything in our power to stop crypto firms from operating illegally in the U.K.”
