Blockchain Financial News

New York Post. According to the report, the federal prosecutor identified the accused as Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28. They cited that this was the first time that a fraud like this had ever been the subject of US criminal charges. ALSO READ: SEBI recommends regulators to oversee crypto trade, RBI still sees ‘macro risk’ Stating that the Peraire-Bueno brothers executed their elaborate heist in April 2023, the federal officers say they stole $25 million from traders in just 12 seconds after fraudulently gaining access to pending transactions and then altering the movement of cryptocurrency.

Humanity Protocol has achieved unicorn status following a recent funding round that raised $30 million, resulting in a valuation of $1 billion.

Back in 2019, blockchain analytics firm Elliptic published research with the MIT-IBM Watson AI Lab showing how a machine learning model could be trained to identify Bitcoin transactions made by illicit actors, such as ransomware groups or darknet marketplaces. Now the partners have put out new research applying new techniques to a much larger dataset, containing nearly 200 million transactions.

Covalent, the leading historical data availability network empowering 1000’s of customers and developers with its structured data infrastructure on over +225 chains in Web3, is aligning its innovative solution to meet the needs of future advancements of Ethereum, particularly in light of the Ethereum Improvement Proposal 4844 (EIP-4844). With Covalent’s robust infrastructure, users and developers can access a wealth of structured, verifiable data from an ever-growing repository of billions of data points, enriching over 280 million wallets to date and shaping the AI and DeFi industries with structured information.

Game and 3D world builder Crucible has announced the Emergence Marketplace, set for launch this Summer.

Louis-Vuitton (LVMH) owned wine producer Château d’Esclans and spirits-focused blockchain marketplace BlockBar launched an NFT edition of the wine maker’s famed Garrus rosé on Monday.

– Rated monitors node and node operator performance and risk on Proof of Stake networks, where node operators and validators steward billions in value.

15 May 2024 – DappCon, the leading developer conference for Ethereum infrastructure and Dapps today unveils its 2024 agenda. Hosted by Gnosis since 2018, DappCon 2024 will be held from the 21st to the 23rd of May this year at Radialsystem, in the heart of Berlin. Together with EthBerlin, DappCon is the flagship event of the Berlin Blockchain Week and will bring together over 900 builders from the Ethereum space including key decision-makers and thought leaders within the Web3 ecosystem, as well as blockchain pioneers, coding maestros, and tech visionaries.

Even a 20% slump in the price of Bitcoin cannot derail the train that is the pre-sale of BlastUP , the first launchpad on the billion-dollar rollup Blast. As the pre-sale is about to hit $6 million, and users have only 18 days left to buy $BLP. 

BlastUP ($BLP) on Blast L2 has just smashed the $6 million pre-sale milestone. Why are experts so excited about this launchpad – and how to maximize your chances to get the airdrop?

The cryptocurrency market has witnessed the launch of over 1 million new tokens since the beginning of April.

The world has witnessed a remarkable popularity of NFTs (non-fungible tokens) in the past few years. Across industries, these unique digital assets, backed by blockchain technology, have revolutionized how we perceive ownership and scarcity in the digital realm. NFTs have unlocked a new frontier of creativity and investment opportunities, from art and collectibles to music and gaming.

blockchain technology and the emerging landscape of Web 3.0, Parth Chaturvedi, head of investments at CoinSwitch Ventures, offered enlightening perspectives in a recent live stream on ETMarkets. Highlighting the core strengths of blockchain, Chaturvedi underscored its transparency and security, attributes that stem from its decentralized structure spread across numerous nodes. Blockchain, as Chaturvedi elucidated, transcends its role as a mere database; it represents a revolutionary technology reshaping industries across the globe. Its core tenets of immutability, decentralization, and security make it a cornerstone of innovation. By utilizing cryptography and distributed ledger technology, blockchain ensures transparent, secure, and real-time transaction tracking, laying the foundation for a more trustworthy digital ecosystem.

Stablecoin issuer Circle plans to relocate its legal base from the Republic of Ireland to the US.

Digital asset investment firm BlockTower Capital faces a major setback after fraudsters compromised its main hedge fund.

Paxos, a leading regulated blockchain and tokenization infrastructure platform, appointed Christopher Giancarlo, the former Chairman of the United States Commodity Futures Trading Commission (CFTC), to its board of directors on May 14.

The DLR platform taps distributed ledger technology to offer Broadridge clients intra-day, overnight and term repo capabilities.The partnership will be the first time that JPM Coin - developed by JP Morgan's blockchain unit Onyx - will provide settlement capabilities to an external digital platform. JPM Coin will be available by June.JP Morgan argues that, given the lack of “cash-on-chain” solutions in the industry today, it could act as a framework for other cash settlement solutions for other digital platforms.

tech job market and vanilla coding skills going out of vogue, demand for software engineers trained in emerging technologies is on the rise, industry experts said. An estimated 9-10 lakh additional jobs for skilled engineers will be created in the next 18 months to keep pace with the escalating demand amid rapid digitisation across tech and non-tech sectors, according to data from staffing company Teamlease Digital.

Tether is continuing to monitor and punish illicit activities. On May 14, it identified and froze USDT worth $5.2 million in an effort to enforce strict network controls and combat money laundering.

BlockDAG is making headlines around the globe, transforming iconic landmarks into dazzling displays of its revolutionary blockchain technology. From the vibrant lights of London’s Piccadilly Circus to the bustling streets of Tokyo and the entertainment capital, Las Vegas, BlockDAG is on display and captivating an international audience.

May 2024 – AI gone-rogue Web3 game Shutdown has announced its partnership with Web3 gaming platform, Immutable. The partnership will see Shutdown launch on Immutable zkEVM, powered by Polygon.