Muhammad Adil 
Recently, the blockchain sector has seen a significant surge in developer activity, with The Open Network (TON) standing out prominently. TON’s Q4 2023 Developer Report revealed remarkable developments, demonstrating the rapid expansion of the developer community and increasing engagement in various aspects of the network. Growth Trajectory: A Look at the Numbers The TON blockchain … Read more
Multicoin Capital, a leading crypto venture capital firm, recently outlined his excitement and predictions for 2024, providing a glimpse into the future of the crypto landscape. Stablecoin powered remittances transforming emerging markets Multicoin Capital expects a significant impact of stablecoins in the remittance sector, especially in emerging markets. High costs and limited access have plagued … Read more
MetaMask, a prominent figure in the blockchain and Web3 domains, recently enhanced its offerings with a series of security-oriented plugins called MetaMask Snaps. These add-ons are designed to extend the functionality of the MetaMask wallet, improving security and user experience. Collaborative efforts to improve security One of the notable achievements is the collaboration between Tenderly … Read more
Horst Jiha, the German founder of USI Tech, a crypto mining and digital asset trading platform, is facing severe legal consequences in the United States. Federal prosecutors in New York accused Jicha of organizing a fraudulent scheme who allegedly defrauded investors of approximately $150 million, according to the DOJ’s official website. This case highlights the … Read more
Peter Cambolin, the is the former CEO of Systematic Alpha Management LLC (SAM). convicted, for his involvement in a fraudulent “cherry-picking” scheme involving cryptocurrency futures contracts. In April 2023, the US Commodity Futures Trading Commission (CFTC) accused Kambolin and SAM of running a scheme that involved allocating profitable cryptocurrency futures trades to their internal accounts … Read more
Hut 8 Mining Corp., a prominent player in the digital asset mining industry, recently came under the spotlight not for its mining capabilities or innovation, but for a damning report by J Capital Research. That report accused Hut 8 of various abuses, including a pump-and-dump scheme, leading to a significant drop in the company’s stock … Read more
The Commodity Futures Trading Commission (CFTC) has filed accusations against cryptocurrency exchange Debiex, alleging a romance scam that misappropriated $2.3 million. The CFTC’s complaint, filed in the U.S. District Court for the District of Arizona, accuses Debiex and an individual, Zhāng Chéng Yáng, of engaging in fraudulent activities known as “hog slaughter” to defraud investors. … Read more
The Dutch government, in a significant move to strengthen its position in the fast-growing field of artificial intelligence (AI), has committed to a significant investment of 204.5 million euros ($222.07 million). This strategic initiative, announced on 18 January 2024, is part of the Netherlands’ comprehensive approach to harnessing the capabilities of generative AI systems, including … Read more
Marco Ochoa, the former CEO of crypto mining firm IcomTech, was sentenced to five years in prison for his involvement in a Ponzi scheme using cryptocurrencies. The United States District Court for the Southern District of New York, presided over by Judge Jennifer Rochon, ordered Ochoa to forfeit $914,000 and voluntarily surrender to a 60-month … Read more
Meta, the social media titan, is making a major shift towards artificial intelligence (AI) with CEO Mark Zuckerberg announcement significant investment in Nvidia’s advanced computing chips to bolster their AI capabilities. This development is part of Meta’s strategic move to integrate and enhance AI research and product development efforts. Building a robust AI infrastructure with … Read more