The crumbling crypto empire that tech bros everywhere once hyped up has now claimed another victim. Nathaniel Chastain, former Head of Product at leading NFT marketplace OpenSea, has been sentenced to three months in prison for insider trading.
Even with the inclusion of collectibles from the Nickelodeon, Paramount, and Hello Kitty back catalogs, the NFT platform Recur is calling it quits after several years of pumping the internet full of monetized images of The Godfather’s similarly ineffective Fredo.
PayPal is diving into the messy world of crypto with a new stablecoin pegged to the US dollar, aptly and uninventively named PayPal USD.
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Since Russia invaded Ukraine last year, cryptocurrency has played a surprisingly big role.
Do Kwon, the erstwhile CEO of Terraform Labs and its infamously unstable stablecoin Terra, now has another reason to remain on the lam. The U.S. Securities and Exchange Commission alleged he and his company transferred 10,000 bitcoin worth hundreds of millions of dollars out of the Terra/Luna project before it…
The FBI says that cybercriminals connected to the North Korean regime are responsible for an attack on a U.S.-based crypto project, Harmony Protocol, that led to over $100 million in losses last year.