Caroline Ellison, former CEO of Alameda Research, was sentenced to two years in prison for her role in the FTX fraud. Her cooperation with investigators and remorse led to a reduced sentence. She also forfeited $11 billion for her involvement.
Introducing Pi Network: The Future of Mobile Cryptocurrency Mining
In the evolving world of cryptocurrency, Pi is making waves with its innovative approach to mining. Unlike traditional cryptocurrencies like Bitcoin that require expensive infrastructure, Pi Network allows mobile users to mine.
Staples Center Changes Name to Crypto.com Arena
Today in cryptocurrency news, the Staples Center in Los Angeles, California, will be renamed Crypto.com Arena. The new name is part of a twenty-year agreement with the AEG. The official logo will go on the building this Christmas.
Ukrainian Parliament Makes Bitcoin Officially Legal
Ukraine is the latest country to legalize Bitcoin. The law passed on September 8th, 2021, when Ukraine’s Parliament voted 276 to 6, making Bitcoin legal. Bitcoin was previously neither legal nor illegal in Ukraine. Now, the law is clear.
Are Cryptocurrency Hacker Thieves Returning Currency?
Hackers stole over $600 million in cryptocurrency by exploiting a security vulnerability in Poly Network. Poly Network is a platform that links together different blockchains for them to work together. The thieve return it!
Venmo Application Now Offers Cryptocurrency Trading
Venmo has recently launched a cryptocurrency section in its Android and iPhone app that could ultimately be considered Cryptocurrency 101 to newcomers to the world of digital currency. Venmo users can now buy and sell Bitcoin and Ethereum.