Discover the phased rollout strategy and key dates for BounceBit Mainnet launch, aimed at maximizing user profit and security. BounceBit, a notable player in the cryptocurrency sector, has officially announced the launch schedule for its highly anticipated Mainnet. This move is set to revolutionize the way users interact with their platform by enhancing security, asset…
Ryan Salame, the former co-CEO of FTX Digital Markets, has reached a plea agreement in a criminal case. As part of the agreement, Salame has agreed to transfer his $5.9 million Bahamas house to FTX Digital Markets Ltd. instead of paying $5.6 million in restitution in cash. In a dramatic turn of events involving the…
EigenLayer, an Ethereum restaking protocol, has expanded its initial EIGEN token airdrop to 28 million tokens, addressing user dissatisfaction and ensuring equitable distribution. The airdrop includes Season 1 and Season 2 participants, with minimum token allocations. In response to community concerns and feedback, EigenLayer, a prominent Ethereum restaking protocol, has recently announced an expansion of…
The US SEC has extended the review period for 7RCC's Bitcoin ETF listing, with the final decision expected by June 24, with the initial deadline set for May 10. The Bitcoin ETF aims to provide investors with exposure to Bitcoin and incorporate carbon credits. An extension of the review time for 7RCC's Bitcoin exchange-traded fund…
The FIOD has arrested four people and seized €12 million in an investigation into a major online gambling platform scam. The Dutch Fiscal Information and Investigation Service (FIOD) has made four arrests and seized over €12 million in a scam involving an online gambling platform, according to a statement released on their official website. The…
Binance launches OM Locked Staking, offering high APR of up to 19.9% to users. Binance, the world's leading cryptocurrency exchange, has launched the OM Locked Staking product offering up to an impressive 19.9% APR. The announcement was made on the Binance website on September 17th, 2021. The launch of OM Locked Staking is part of…
Cryptocurrencies are transforming e-commerce, offering cost-effective alternatives to traditional banking, trustless transactions, and blockchain technology for businesses to protect their financial operations and stay competitive. Imagine a busy online storefront, a hub for thousands of digital transactions where a global customer base converges. As cryptocurrencies grow in popularity, they're quickly becoming a preferred…
US federal prosecutors are conducting an investigation into Block Inc., the fintech company founded by Twitter co-founder Jack Dorsey. The investigation follows allegations of compliance violations at Block's payment arms, Square and Cash App. A whistleblower has provided documents showing that Block processed transactions for users in countries subject to economic sanctions and facilitated crypto…