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Blockchain
Taiwanese Prosecutors Indict 32 Individuals Implicated in $24.5 Million ACE Exchange Fraud Scheme
At least 32 individuals connected to the now-defunct Taiwan-based cryptocurrency exchange, ACE Exchange, have been indicted on fraud charges. Prosecutors have recommended 20-year jail terms for the founder, David Pan, and his business…
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DOJ Counters Motion to Dismiss Charges Against Tornado Cash Developer
In a notable development, the U.S. Department of Justice (DOJ) has countered a motion to dismiss the criminal charges against Roman Semenov, a developer of the cryptocurrency mixing service Tornado Cash, highlighting the alleged strength of…
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Protocol Village: SEDA, Data and Computation Network, Launches Mainnet Genesis
The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 25-May 1.
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Decentralized Cloud Computing Altcoin Explodes After Korea’s Biggest Crypto Exchange Announces…
A decentralized cloud computing altcoin is soaring after Korea’s biggest crypto exchange announced support for the digital asset.
Akash Network (AKT) shot up Tuesday from a low of $4 to a high of $6.74, a more than 68% increase after crypto…
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Fidelity Digital Assets ‘Signals’ Report Revises Bitcoin Outlook to ‘Neutral’
The latest quarterly report from Fidelity Digital Assets (FDA) Research reveals key insights into the bitcoin and ethereum markets as of Q1 2024. With a detailed analysis of market conditions and future outlooks, FDA’s research…
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Developing Countries Need Decentralized Physical Infrastructure Networks – Karam Lakshman
Karam Lakshman, CEO of Wifi Dabba, asserts that a country like India, which is the world’s fifth-largest economy, needs enhanced connectivity and innovation. He suggests that Decentralized Physical Infrastructure Networks could be the…
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Democracy Fails Without Cryptocurrency
Amidst a decline in traditional democratic structures and financial systems, cryptocurrencies emerge as a revitalizing force, offering a new form of accountability and transparency that could potentially restore public institutions.…
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NFT Sales Dip by Over 25% as Bitcoin Dominates a Cooling Market
Recent data over a seven-day period ending April 21, 2024, shows that non-fungible token (NFT) sales have declined by 25.48%, totaling approximately $236.96 million. Bitcoin dominated the NFT market this week, contributing $111.8 million to…
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Nigerian Blockchain-Based Payment Startup, Ivorypay, Partners With Stablecoin Issuer, Tether
A Nigerian startup specializing in blockchain-based payments and remittances has entered into a partnership arrangement with the stablecoin issuer Tether. The arrangement is expected to extend the benefits of stable digital transactions to…
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EY Launches Ethereum-Based OpsChain Contract Manager for Business Contracts
Ernst & Young (EY) has launched OpsChain Contract Manager (OCM), an Ethereum solution that leverages zero-knowledge proofs technology.
The solution will help private businesses efficiently manage and execute intricate business…
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