The SEC alongside the DOJ, has levied serious charges against key figures in a $1.9 billion cryptocurrency fraud scheme involving Hyperfund. SEC and DOJ Crack Down on $1.9 Billion Hyperfund Crypto Fraud The U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have taken major legal action against individuals involved in a massive $1.9 billion … [Read more...] about SEC, DOJ Charge Individuals in $1.9 Billion Hyperfund Cryptocurrency Fraud
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A “unifying Web3 platform” will onboard 1 billion users by 2026, says Harmony COO
Li Jiang, COO at Harmony, believes that a bridge connecting all existing blockchains is key to onboard the first 1 billion users on Web 3. “We think that the future is multichain and cross-chain, that you should be able to move assets very easily from one chain to another, with good prices, with good rates and very fast.”, he told Cointelegraph in an exclusive interview. … [Read more...] about A “unifying Web3 platform” will onboard 1 billion users by 2026, says Harmony COO
P2E game Nyan Heroes aims to save 1 billion sheltered cats
Cat themed play-to-earn (P2E) NFT game Nyan Heroes is aiming to save 1 billion cats from euthanization in animal shelters across the U.S.Nyan Heroes is an upcoming NFT battle royal shooter style game built on the Solana blockchain that will enable players to compete with each other using NFTs depicting animated cats that are used to pilot mech-robot NFTs in the game. The U.S. … [Read more...] about P2E game Nyan Heroes aims to save 1 billion sheltered cats
‘Vampiric’ Enso Finance aims to leech $1 billion from competing DeFi platforms
Social trading platform Enso Finance has announced a month-long “vampire attack” on six decentralized finance (DeFi) index projects in a bid to siphon their combined liquidity of nearly $1 billion.“Liquidity is the fuel that powers DeFi and it is the essence of Enso’s platform,” noted Enso co-founder Connor Howe. “We want to show the community just how innovative we are, and … [Read more...] about ‘Vampiric’ Enso Finance aims to leech $1 billion from competing DeFi platforms
Tether mints an additional $3 billion of USDT in past 2 weeks
Tether’s circulating supply has increased to $76 billion as the team minted an additional $3 billion worth of the asset during the last 2 weeks, and most notably $1 billion of those new coins were minted on Tron Network on December 4.Tether mints new coin, faces scrutiny about its backingAccording to available data, USDT’s new circulating supply which is around $76 billion is … [Read more...] about Tether mints an additional $3 billion of USDT in past 2 weeks