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
- We Authorities Solve $3.4 Billion Crypto Heist Case, The Wall Street Journal informed of, James Zhong, a computer-science student at the time, infamously encountered a software bug in 2012 while withdrawing money from his account. silk RoadAfter which he created new accounts stealing 50,000 bitcoin (btc)Nearly $600,000 worth, in a matter of hours, show court papers from federal prosecutors. By the end of 2021, it was worth $3.4 billion. In November 2021, federal agents armed with a search warrant found his digital keys hidden in a basement floor safe and a popcorn tin in the bathroom. Zhong, who pleaded guilty to wire fraud, is to be sentenced on Friday, with prosecutors seeking a prison sentence of no less than two years.
payment news
- strigabuilder of infrastructure for digital assets and financial services, announced Neobanks, Web3 introduces its new crypto card program for apps and crypto companies, designed to allow these entities to issue their own crypto cards to their end users via Striga’s API. According to the press release, “Striga’s card issuance platform has established partnerships and integrations, making it easy for its customers to deploy personalized virtual and physical cards to their users in just a matter of a few clicks.”
web3 news
- push protocol announced the launch of push videodescribed as “before” purse-to-wallet video chat that allows web3 Users to do live video chat with each other. Users can do everything with Push Video that they do with video today, the team SaidWhich includes social chats, business meetings, customer support, streaming, gaming, telehealth, education, coaching etc.
exchange news
- binance announced that users placing bets Ethereum (ETH) Exchanges will be able to redeem it with their BETH holdings on a 1:1 basis on the ETH 2.0 staking page starting April 19th, 8:00 UTC. Per PRESS RELEASE Initially, it may take 15 days to several weeks for users’ ETH withdrawal requests to be fully processed. Users cannot cancel their ETH withdrawal requests once they have been deposited.
regulation news
- zambia plans to complete tests simulating real-world cryptocurrency use by the end of June to help it create rules that balance protecting citizens with innovation, Reuters informed of, citing Science and Technology Minister Felix Mutati. Mutati said the country also needs digital infrastructure, including digital identity, before introducing cryptocurrencies.
- ItalyData Protection Agency of, known as Guaranteespecifies the actions that OpenAI Steps should be taken to remove the ban on chatgpt, It is mandating increased transparency, age verification measures to protect user privacy, and issuing an information notice comprehensively outlining its data processing practices, press release Said, Garante has set an April 30 deadline for OpenAI to meet most of the requirements.
scam news
- A hong kong South China Morning Post, retiree (55) lost all his HK$7 million (US$891,723) savings in two months after falling victim to a crypto investment scam informed of, The scammer befriended her on Instagram in January and they kept in touch with each other on a messaging app. The report states that the victim was promised daily interest of HK$2,500 in addition to guaranteed profits of thousands of US dollars.
mining news
- bitcoin miner riot stage Posted New York Times followed by a video and a written statement Claimed That digging The industry is causing “huge carbon pollution” and high electricity costs. “We were particularly dismayed to read in the article published by the NYT an inaccurate and distorted view of our company and our industry. Worse, the NYT chose to publish the article with information its author found to be false and misleading.” were ignoring the factual information we provided to them,” the company Said, “Our bitcoin mining operations do not generate any greenhouse gas emissions at the same level as any other data center Facebook, AmazonOr Google,