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    Blockchain

    Roger Ver Arrested for $50M Tax Fraud

    The United States Department of Justice announced $50 million tax fraud charges on April 30 against early Bitcoin investor Roger Ver, known by many as ‘Bitcoin Jesus.’ 

    Bitvavo Partners with Figment to Offer Staking Services for Multiple Tokens to Users

    Amsterdam-based cryptocurrency exchange Bitvavo, the largest EUR spot exchange globally, announced a strategic collaboration with Figment on May 1, a leading provider of staking infrastructure. The partnership sees Bitvavo leveraging Figment’s institutional-grade infrastructure to power its staking services.

    BAXUS Raises $5 Million in Funding to Expand Web3 Spirits Marketplace

    BAXUS, a global marketplace for collectible spirits, has completed a seed funding round to enhance its web3-enabled trading platform.

    Pike Finance Exploit Leads to $1.6M in Stolen Cryptocurrency

    Decentralized finance (DeFi) lending protocol Pike Finance smart contract vulnerability led to $1.6 million in stolen funds over three days.

    Stablecoin Legislation Unlikely To Be Tacked To FAA Reauthorization, Democratic Aide Reveals

    Proposed stablecoin legislation is unlikely to be tacked onto the must-pass Federal Aviation Administration’s (FAA) reauthorization bill despite attempts by Representatives Maxine Waters and Patrick McHenry, a Democratic aide on Capitol Hill revealed Tuesday.

    18 Years In Prison for NYC Woman Behind Bitcoin Terrorism Financing in Syria

    Victoria Jacobs, aka Bakhrom Talipov, was sentenced to 18 years in prison by a New York State court jury after being found guilty of funding Syrian terrorism through Bitcoin.

    Indian Enforcement Directorate Seize Over $10M Cryptos Linked to Online Gaming App

    The Directorate of Enforcement (ED) of India, has seized a major crypto money laundering case connected to a gaming app. The authority also seized frozen crypto assets worth ₹90 crore ($10 million) in connection with the scam.

    RWA Tokenization Protocols Experience Explosive Growth, Surpassing $8 Billion in TVL

    Real-world asset (RWA) tokenization protocols have witnessed a remarkable surge over the past year, with the total value locked (TVL) in the sector reaching a new milestone. 

    Chirp Network Joins peaq to Build Unified DePIN Connectivity

    Chirp Network has partnered with peaq to provide connectivity solutions for decentralized physical infrastructure networks (DePINs).

    Bitcoin Miners Not Showing Capitulation Signs, Says CryptoQuant CEO

    CryptoQuant CEO Ki Young Ju explained on April 30 the dilemma facing Bitcoin miners post-halving. According to the researcher, miners are now at a crossroad – they can either capitulate to current market conditions or await a potential BTC price increase.

    April Records Lowest Crypto Hack and Scam Losses Since 2021: CertiK

    As April concludes, the cryptocurrency industry experienced a major downturn in combined losses from hacks and scams, reaching the lowest recorded figure, as highlighted by security firm CertiK.

    Breaking: Binance Founder Changpeng ‘CZ’ Zhao Sentenced to 4 Months of Prison for Money Laundering

    A Seattle courtroom became the stage for a major moment in the cryptocurrency industry as former Binance CEO Changpeng ‘CZ’ Zhao received a four-month prison sentence on Tuesday.

    TOKEN2049 Day 1 Recap: Bullish Views, New BTC, Web2-to-Web3 Bridges, and TradFi Interest

    The TOKEN2049 conference, held in Dubai this month, was a massive event. It hosted industry leaders and featured meetups, workshops, networking events, hackathons, and much more.

    Terraform Labs And Do Kwon Push For $1 Million SEC Fine Opposed To $5.8 Billion Demanded After Terra-Luna Crash

    Lawyers for Terraform Labs and its founder, Do Kwon, are pushing for a fine of $1 million as opposed to the United States Securities and Exchange Commission (SEC)’s proposed $5.3 billion after the crypto company and its founder were found liable for fraud related-to the Terra-Luna crash in early April.

    Poloniex Hacker Transfers Massive $32 Million Bitcoin Stash

    Popular blockchain investigator PeckShieldAlert reported on April 30 that an address associated with the notorious Poloniex hacker transferred 501 BTC, valued at roughly $32 million, to three new wallet addresses. The move appears to be an attempt to conceal the origin of the stolen funds.

    Web3 Gaming Startup GFAL Raises $3.2M in Funding Round Led by Supercell and Mitch Lasky

    Web3 video games startup GFAL “Games for a Living” has raised $3.2 million in a seed funding round led by the Finnish mobile game development company Supercell Ltd and Mitch Lasky, a general partner at the Silicon Valley venture capital firm Benchmark.