Polygon Co-Founder Jaynti Kanani Steps Down
Kanani, who founded Polygon in 2017 alongside Sandeep Nailwal and Anurag Arjun, announced his plans in a post on X (formerly Twitter) on Wednesday. Source
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AirBit Club ‘ponzi’ co-founder gets 12 years prison
The co-founder of AirBit Club — a cryptocurrency pyramid scheme that swindled investors of over $100 million — has been sentenced to 12 years in prison for his role in a $100 million "pyramid scheme" that purported to be involved in crypto mining. The sentencing comes nearly seven months after
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Ethereum co-founder Vitalik Buterin sends 400 ETH to Coinbase
Blockchain analysts have discovered several transactions worth millions of dollars from a wallet associated with an Ethereum co-founder, Vitalik Buterin. A total of 400 ether (ETH) worth about $632,000 was transferred from Buterin’s wallet to the Coinbase cryptocurrency exchange in the early hours on Sept. 25. Over the past ten days,
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Ethereum Co-Founder Vitalik Buterin Moves 400 ETH to Coinbase
Just a few hours ago, the Ethereum founder deposited 400 ETH to Coinbase. With the price of ETH at $1,573.35 as of the time of writing, the value of the transfer amounts to an impressive $629,200. Ethereum co-founder Vitalik Buterin has recently been observed engaging in noteworthy transactions involving ETH, specifically
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Ethereum co-founder Vitalik Buterin calls for privacy and decentralization
Ethereum (ETH) co-founder Vitalik Buterin believes that privacy and decentralization should be key priorities for the blockchain network going forward. Buterin cautioned that centralized entities like custodial exchanges are “vulnerable” and can be corrupted. Users should be able to transact directly on the Ethereum blockchain, he argues. Here’s what the 29-year-old entrepreneur
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Tether Co-Founder Sizes Up PayPal’s Stablecoin Ambitions
The payments world is blanketed by financial intermediaries, each extracting a toll for their services. Creating a stablecoin involves PayPal buying a basket of currencies and holding these yen, euros, rupees, won and so on in banks across the world. Once PayPal tokenizes the currency backed by those bank deposits,
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OneCoin Co-founder Greenwood Sentenced to 20 Years in Prison as L.E Hunts Cryptoqueen
Karl Sebastian Greenwood pleaded guilty on December 16, 2022, to operating a multi-billion cryptocurrency pyramid scheme dubbed OneCoin. In a bid to send a strong message to the cryptocurrency community around the world, Damian Williams, the United States Attorney for the southern district of New York, announced on Tuesday that Karl
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OneCoin co-founder Karl Greenwood sentenced to 20 years in prison
Karl Sebastian Greenwood, the co-founder of OneCoin, who pleaded guilty in December, has been sentenced to 20 years in prison. Karl Sebastian Greenwood, one of the key architects behind the OneCoin pyramid scheme that defrauded investors out of $4 billion, has been handed a 20-year prison sentence. The ruling was issued
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OneCoin co-founder Greenwood gets 20 years in US jail for fraud, money laundering
Karl Greenwood, co-founder of OneCoin with Ruja Ignatova, was sentenced in the United States to 20 years in prison and ordered to pay $300 million on Sept. 20. Ignatova remains at large.Greenwood, who is a citizen of the United Kingdom and Sweden, was sentenced in the U.S. District Court for the
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Stake co-founder Eddie Craven shares details on $41m heist
Despite looting $41 million in cryptos, Stake co-founder Ed Craven said the hackers did not compromise private user info or access customer funds during the attack. Edward Craven, co-founder of crypto casino Stake, published preliminary findings from a Sept. 4 incident that the Federal Bureau of Investigation (FBI) says was masterminded
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