Irene Pinchuk

The sentence in the case of Lee Jung-hoon, former chairman of the Bithumb crypto exchange, is set to be announced on December 20. Jung-hoon is facing up to eight years in prison for fraud charges if found guilty. Jung-hoon is accused of damaging in the amount of $70 million the cosmetic surgery firm BK Group, […]

In 2017 alone, blockchain initial coin offerings (ICOs) raised more than $4 billion. The more people realized the fabulous risk-reward ratio of ICOs, the higher the amount of money was raised. That’s why ICOs raised more than $14 billion in 2019 and over $21 billion in 2021. From the 2022 perspective, the ICO industry is […]

It’s 2022, and the world is currently dealing with almost abnormally high inflation rates. Now, let’s rewind to 2008 for a second. This was the year of an absolute financial crash. Back in the day, high-school freshmen and students were jobless and those who wanted to level up their skills and attend for-profit colleges had […]

Offchain Labs, the company behind the Ethereum layer 2 solution Arbitrum, announced that it has acquired Prysmatic Labs, one of the key companies in charge of Ethereum’s maintenance and upgrades. This acquisition further strengthens Offchain’s importance in the Ethereum ecosystem. According to DeFi Llama, Arbitrum is already the most popular rollup solution based on total […]

Cosmos Hub (Atom) Atom to USD Chart Converter Atom to USD Cosmos network and Atom token explained Imagine the universe. Planets are slowly spinning around their orbits to form systems and galaxies. Stars are born, giving life to millions of species. Little satellites are navigating through time and space to reach new, uncharted lands. Cosmos […]

U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Kim Kardashian. The celebrity was charged for failing to disclose that she had received a $250,000 payment for promoting the EthereumMax (EMAX) crypto on her Instagram profile. Kardashian immediately settled with the SEC for $1.26 million. EMAX was promoted in a ramified influencer campaign. […]

The NFT market isn’t immune to crypto winter either. According to Dune Analytics, weekly NFT trading volume has dropped by 98% since the beginning of the year. Currently, the trading volume amounts to some $114 million – a significant decrease from its $6.2 billion mark back in January. Trading volume saw an all-time $146 billion […]

Blockchain software firm Veritaseum Capital has filed a lawsuit against one of the leading crypto exchanges, Coinbase. According to the lawsuit, the crypto exchange has illegally been using Veritaseum’s patented technology for secure crypto payment transfers. Some of Coinbase’s services relying on this tech include Coinbase Pay, Commerce APIs, and iOS and Android wallets. Due […]

On the same day that Ethereum successfully transformed into a proof-of-stake network, its hard fork with a proof-of-work consensus mechanism, ETHPoW, launched as well. However, the launch of the mining-centric network didn’t go without issues. Namely, many users encountered issues when trying to access it. ETHPoW developers erroneously chose to use the same chain ID […]

Near Foundation, a Swiss non-profit organization that oversees the development of the layer-one blockchain, Near Protocol, announced that it has opened a Web3 regional hub in Vietnam. Its partner in the project is GFS Ventures, a venture capital fund. According to the Global Cryptocurrency Acceptance Index, Vietnam ranks fifth when it comes to the degree […]