Month: April 2022

North Korea-obsessed Ethereum dev gets 5 years for breaking sanctions

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Virgil Griffith, a former Ethereum (ETH) developer has been sentenced to 63 months in prison and will pay a fine of $100,000 for attending a conference and assisting North Korea use blockchain technology in contravention of economic sanctions imposed by the United States. On Tuesday, April 12, U.S. District Judge Kevin Castel of the Southern District of New York handed down the decision. Judge Castel stated that “what you see here is intentionality, a deliberate, willful intent to violate the sanctions’ regime,” adding that the crime was made worse because…

The Bitcoin & Cryptocurrency Market Just Peaked…

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MappedSwap Is Giving Away More Than 800,000 MST This April – Press release Bitcoin News

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press release PRESS RELEASE. The global cryptocurrency market is experiencing an unprecedented boom. The market is at $2 trillion dollars and growing. MappedSwap is launching a promotional campaign from April 13th – May 12th. During that period they plan to give more than 800,000 MST in total as well as provide referral and staking rebates in MST to users. MappedSwap also has plans to lower the barrier to entry for new users and referrers to earn MST during this campaign period while attracting users to leverage 10x margin trading function…

Facebook whistleblower warns Metaverse will repeat ‘all the harms’

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Facebook whistleblower Frances Haugen has taken aim at Meta in a new interview, suggesting that its version of the Metaverse will simply repeat all of its past mistakes. In an interview with Politico, Haugen said: “They’ve made very grandiose promises about how there’s safety-by-design in the Metaverse. But if they don’t commit to transparency and access and other accountability measures, I can imagine just seeing a repeat of all the harms you currently see on Facebook.” In 2021 Haugen leaked thousands of internal documents from Facebook to the Securities and…

DNA: Budget 2022 – Cryptocurrency पर सरकार के फैसले के क्या मायने हैं? | 30 Percent Tax | Analysis

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io DNA: Budget 2022 – Has digital currency become legal in India? In this year’s budget, the most discussed is the tax imposed by the government on cryptocurrency. The Modi government has announced that now 30 percent tax will be levied on the income earned from the digital currency in India. DNA: Budget 2022 – क्या भारत में डिजिटल करेंसी लीगल हो गई? इस साल के बजट में जो चीज सबसे ज्यादा सुर्खियों में है वो है सरकार द्वारा क्रिप्टो करेंसी पर लगाया…

Ripple scores ‘a very big win’ in SEC case

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Ripple Labs has struck a blow against the Securities and Exchange Commission’s (SEC) case after the presiding judge made a ruling that one Ripple community lawyer calls “a very big win for Ripple.” The SEC filed suit in 2020 against Ripple and executives Brad Garlinghouse and Christian Larsen for selling unregistered securities. Presiding Judge Sarah Netburn denied the SEC’s request to reconsider shielding documents under privilege related to a June, 2018 speech made by Ripple’s then-director Willian Hinman. In the speech, Hinman said Bitcoin (BTC) and Ethereum (ETH) are not…

Terra’s Cross-Chain Bridge Now Supports Solana, Avalanche, Fantom, Moonbeam, Osmosis – Defi Bitcoin News

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Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Original

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a16z’s Chris Dixon tops ‘Midas List’ by turning $350M into $6B in 2021

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Crypto venture capital firms have been investing at unprecedented rates recently and Andreessen Horowitz is one of the industry’s leaders making huge returns on their investments. Andreessen Horowitz (a16z) general partner Chris Dixon has topped the Forbes “Midas List” of the world’s best venture capital investors in 2022. Seldom does a crypto or Web3 funding round finalize without a16z being involved somehow. According to an April 12 report by the publication, Dixon turned the $350 million Crypto Fund I into realized and unrealized gains of $6 billion in 2021. That…