Citrea Secures $2.7 Million in Seed Funding for Launch of Bitcoin ZK-Rollup
Citrea aims to integrate zero-knowledge rollups with Bitcoin, enhancing its scalability and utility, backed by a $2.7 million seed round led by Galaxy Ventures.
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Greg Solano's New Role as CEO of Yuga Labs and Future Directions
Greg Solano becomes CEO of Yuga Labs, focusing on creativity, partnerships, and advancing the BAYC and Otherside projects, promising a renewed vision and market positivity around BAYC's future.
AlexFormer FTX CEO Sam Bankman-Fried's Legal Quandary: Navigating Conflicts and Consequences
Sam Bankman-Fried faces legal complexities, waiving right to conflict-free representation, as sentencing looms following FTX’s downfall and his fraud conviction.
BrianKwon's Extradition Confirmed as SEC Trial Approaches
Do Kwon, Terraform Labs' co-founder, faces extradition to the U.S. for charges related to a "multi-billion dollar crypto asset securities fraud" following the 2022 UST collapse.
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Gyeonggi Province, South Korea, implements an electronic system to swiftly identify and tax cryptocurrency tax evaders, recovering $4.6 million in owed taxes, setting a precedent in digital asset regulation.
WeiliangRise of Crypto Scams in South Korean Chat App "Reading Rooms"
South Korean police warn of crypto scammers in chat app "reading rooms," deceiving investors with false promises, leading to an investigation and calls for vigilance against such fraudulent schemes.
AlexBitMex Co-Founder Arthur Hayes Criticizes Cardano's DApp Utility
Arthur Hayes criticized Cardano's dApps for lack of utility, engaging in a heated exchange with co-founder Charles Hoskinson, while questioning ADA's value and suggesting Ethereum as a better option.
AlexStartale Labs Raises Additional $3.5 Million in Seed Funding from Samsung and UOB
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KikyoDCG Criticizes Subsidiary Genesis' Agreement with New York as 'Undermining'
Digital Currency Group disputes Genesis' settlement with NYAG over fraud charges, arguing it unfairly prioritizes certain creditors, challenging legal and regulatory norms in the crypto industry.
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