Crypto News
Australia’s Securities Regulator Wins Case Against Kraken’s Local Operator
The Federal Court of Australia ruled on Friday that cryptocurrency exchange Kraken's operator in Australia, Bit Trade Pty Ltd, "contravened" with a section of the nation's Corporations Act.Source link
Man Faces 20-Year Prison Sentence in Crypto Money Laundering Case
A Rhode Island resident has pleaded guilty to money laundering conspiracy linked to an international drug trafficking ring. The operation laundered over $25 million using cryptocurrency, with Villa directly involved in converting cash into crypto. Villa faces up to 20 years in prison and a significant fine. Rhode Island Man Pleads Guilty in $25 MillionSource link
Ethereum Developers Discuss Pectra Upgrade and PeerDAS in Consensus Call #140
Ethereum developers convened to discuss the Pectra upgrade, PeerDAS, and other key proposals in the All Core Developers Consensus Call #140. (Read More)Source link
Pip Labs Raises $80 Million at a $2.25 Billion Valuation to Protect IP via Blockchain
Pip Labs has raised $80 million in a Series B funding round led by VC firm A16z, reaching a valuation of $2.25 billion. The round aims to extend the development of Story, a blockchain aiming to tokenize and protect what Pip Labs calls the “multi-trillion-dollar” asset class of intellectual property (IP), offering frictionless systems forSource link
Erigon 3 Update Slashes BSC Sync Time from Weeks to 10 Hours
Erigon 3, the latest BSC client, integrates Parlia consensus to cut sync time from weeks to 10 hours, enhancing performance and resource efficiency. (Read More)Source link