Cryptonews Podcast Matt Zahab recently sat down for an exclusive interview with Unique Divine, the co-founder and CEO of Nibiru, the user-centric layer-1 Super Chain. Divine discussed the Nibiru EVM, which is coming in Q3, and its relevance. He talked about the challenges of raising funds for a new project, the lessons learned when creating...
Avail has secured $43 million in a Series A funding round to develop secure rollup interoperability and data availability. According to a press release shared with CryptoNews, the latest round saw investments from Founders Fund, DragonFly Capital, Cyber Fund, and participants including SevenX, Figment, Nomad Capital, LocalGlobe, Altos Ventures, Chapter One, among other VCs and...
Tether has invested $18.75 million in XREX Group to enhance cross-border payments and foster financial inclusion in emerging markets. This investment aims to enhance financial inclusion, introduce innovative financial solutions, and improve the efficiency of cross-border payments in emerging markets while driving innovation in regulatory technology. Tether Facilitating Adoption with Its Investment in XREX Group...
Ethereum co-founder Vitalik Buterin has voiced strong criticism against the recent trend of celebrity-backed meme coins, emphasizing the need for more meaningful and impactful projects in the cryptocurrency space. Through a series of tweets and a comprehensive blog post, Buterin outlined his dissatisfaction with celebrity meme coins, which he believes lack purpose and longevity. He...
An alarming report from Tether’s CEO, Paolo Ardoino, confirmed that a major vendor managing mailing lists for various crypto companies had been compromised. This breach has potentially exposed sensitive information, leading to fraudulent emails suggesting crypto-airdrops. As multiple thought leaders have claimed, this breach poses a significant threat to security and trust within the crypto...
Now disgraced FTX founder Sam Bankman-Fried (SBF) is back at the Metropolitan Detention Center (MDC) in Brooklyn, New York to work on his appeal following nearly a week spent at a transfer facility in Oklahoma, inmate records reveal. FTX Founder SBF Back In NYC Prison, Working On Appeal It appears the now-convicted crypto fraudster was...
The United Kingdom’s Competition Appeal Tribunal has initiated proceedings against six major cryptocurrency exchanges over their decision to delist Bitcoin SV (BSV) in 2019. The case, brought forward by plaintiffs seeking $9 billion in damages for missed opportunities, indicates more red lights on the ongoing legal complexities and significant financial stakes within the crypto industry....
Republican frontrunner and crypto-friendly U.S. presidential candidate Donald Trump has a 17% chance of being in jail before voters hit the ballot box in November after being found guilty in his high-profile hush money trial Thursday, according to Polymarket data. Donald Trump Will Be In Jail Before Election, 17% Of Polymarket Voters Say Originally launched...
An Indian police officer was arrested on May 31 for allegedly stealing Bitcoin worth INR 1.8 crore (approximately $216,000) during a crypto scam investigation. Indian Police Scam Reveals Collaboration With Bitcoin Wallet Hacker According to local media news Hindustan Times, the Special Investigation Team (SIT) of the Central Crime Branch (CCB) apprehended the police inspector...
Matter Labs, the developer of the ZkSync Ethereum Layer 2 network, has dropped its attempt to trademark the term “ZK” following backlash. According to a statement posted on social media by Matter Labs, the decision to withdraw applications came after extensive discussions with key figures in the zero-knowledge proof field. Thank you to everyone who...