Turkish crypto exchange Thodex CEO gets 11,000-year sentence for $2B scam: Report
The former CEO of Turkish crypto exchange Thodex, Faruk Fatih Özer, was sentenced to 11,196 years in prison by a Turkish court on charges of “establishing,…
Asia Express – Cointelegraph Magazine
Our weekly roundup of news from East Asia curates the industry’s most important developments.
$500B firm partners with Polygon
South Korea’s…
Ethereum’s proto-danksharding to make rollups 10x cheaper
Zero-knowledge proof (ZK-proofs) solutions have proved critical in helping scale the Ethereum ecosystem, but proto-danksharding is expected to drastically reduce…
Blockchain could have prevented Nigeria’s naira scarcity — Local experts
Blockchain technology can help solve economic problems in Nigeria and throughout the African continent, according to a group of local blockchain experts who cited…
Decentralized Infura launch within months, Web2 cloud giants may join: Consensys
A decentralized version Infura will launch by the end of the year, with major Web2 cloud providers set to become part of the network, a ConsenSys executive says.…
Brinc joins forces with Cointelegraph Accelerator
Web3 startups often face challenges unique to the nascent ecosystem — complex regulatory landscapes and scaling with decentralization are just two of many.…
Binance CEO brushes off negativity, assures firm has ‘no liquidity issues’
Binance co-founder and CEO Changpeng ‘CZ’ Zhao has hosed down recent rumors against his firm, assuring its balance sheet and employee retention remain robust,…
JPMorgan moves into deposit tokens for settlements: Report
Financial giant JPMorgan is making another move into the crypto space with a new blockchain-based solution for cross-border transactions, reveals a report by…
Persistent macro headwinds could delay Bitcoin bull market — ARK Invest
2023 has been a whipsaw year for investor sentiment and even though equities markets have defied expectations, a recent report from ARK Invest highlights reasons…
Stake hack of $41M was performed by North Korean group: FBI
The $41 million hack of crypto gambling site Stake was carried out by the North Korean Lazarus Group, the Federal Bureau of Investigation (FBI) stated in an…