Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating stories that fly under the radar of today’s crypto news.
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legal news
- Joseph O’Connor, Britain’s national behind the 2020 Twitter Hack, was extradited to the US, where he pleaded guilty to two sets of charges, the US Attorney’s Office Southern District of New York announced, O’Connor “used his sophisticated technical abilities for malicious purposes – conducting a complex SIM swap attack to steal large amounts of cryptocurrency, hacking Twitter, infiltrating computers to take over social media accounts”. , and even cyberstalking two victims, including a minor victim, said US Attorney Damien Williams.
- a former coinbase Product manager Ishan Wahi was sentenced to two years in prison for his role in what US federal prosecutors called the first-ever insider trading case involving cryptocurrencies, The Wall Street Journal reported. informed of, The US District Judge said Wahi repeatedly provided his brother and a friend with confidential information he obtained in the course of his employment, knowing his actions were illegal. “It was a stream of insider information poured out over a period of 10 months,” she said.
- a court in Vietnam Trial set to be held next week for 16 suspects in a case involving kidnapping and stealing $1.5M in crypto, local media informed of, The suspects also include two former police officers.
exchange news
- binance Launched a service platform to connect VIP users with investment fund managers. capital connect It is described as “a new self-service platform where interested institutional investors and high net worth individuals can browse various crypto investment funds and connect with crypto investment managers.” This is a free service, available only to Binance VIP users, Said Press release.
banking news
- expo bankA licensed private bank that integrates traditional banking with access to bitcoin and stable coins Tether (USDT) Payment Rail, building on your existing usdc Rail. With a phased launch, Payment Rail will be fully available to all members by the end of the month, Said Press release. It said, “Xapo Bank is bringing its 4.1% annual interest rate on deposits” to the attention of a new set of potential members looking for an alternative to SWIFT payments.
metaverse news
- Domain and Digital Identity Platform unstoppable domain announced that he would join the Board of Directors of OMA3 (Open Metaverse Alliance for Web3), a consortium of companies creating standards for decentralized metaverse, Other OMA3 board members include alien world, Animoca Brands, Dapper Labs, metametaverse, sandbox, space, superworldAnd upland, “As a pioneer in OMA3, Unstoppable Domains is leveraging its expertise in web3 domains to assist in OMA3’s efforts to standardize the use of web3 land domains across the metaverse,” the announcement said.
mining news
- Chief digging company Marathon Digital Holdings announced that it would begin construction of the “biggest ever” bitcoin (btc) mining data centers in the Middle East through a joint venture with zero two, a blockchain and digital asset infrastructure development company. newly formed Abu Dhabi Global Markets JV Entity (ADGM Entity) will initially develop and operate two digital asset mining sites. “Once operational, these sites are expected to be among the most technologically advanced and energy-efficient digital asset mining operations globally,” it said.
regulation news
- European UnionMarkets in crypto asset regulation (mica) regulation could serve as a model for crypto regulations AmericaAccording to Hester Pierce, a commissioner in the US Securities and Exchange Commission ,seconds, “MiCA can serve as a model for us,” Pearce said on a panel at the Financial Times Crypto and Digital Assets Summit in London, adding that the UK’s regulatory approach could also be used for inspiration , the block informed of,