Shakeeb Ahmed, former Amazon engineer, was sentenced to 3 years for hacking DeFi protocols. Ahmed exploited smart contracts, causing an exchange to close after draining funds. The court sentenced him to forfeit $12.3 million and pay compensation exceeding $5 million. In a landmark legal action, former Amazon engineer Shakeeb Ahmed was sentenced to three years […]
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The analyst expressed that he will never place capital in these investment instruments indexed to the spot price of the largest cryptocurrency. Investor and popular author Robert Kiyosaki recently expressed his disdain for the US stock market’s Bitcoin spot ETFs. In his opinion, these assets are part of the group of equities that will collapse […]
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The companies were allegedly involved in an elaborate scheme that resulted in investors losing A$160 million, worth $104 million. According to local reports, the Australian Securities and Investments Commission (ASIC) has launched legal proceedings against two crypto companies and their directors for operating without a license in the country. A company’s involvement in restructuring does […]
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If this milestone is achieved, USDT dominance would have a contender for the first time. The largest investment asset manager in the world, BlackRock, could become a pioneer in the regulated stablecoin sector in the US. Thus, the financial firm would be placed in a highly preferred position among institutional investors. So far, the stablecoin […]
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According to the World Economic Forum, “The Metaverse, poised to redefine the internet, intertwines the digital and physical, emphasizing the pivotal role of “identity” in shaping immersive, human-centric experiences.” The Hedera Hashgraph firm joins forces with the World Economic Forum to promote the development of digital identity in the Metaverse. In a recent report, some […]
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