Crypto Industry News
The crypto industry is quite turbulent, but also innovative, impactful, or even fun. Many dozen events of all kinds happen each day, giving crypto enthusiasts plenty to keep them interested.
We dig for the best stories to share them with readers and have quite a few news categories here on TradeCrypto for all these stories. But whatever news on the many crypto companies and events doesn’t fit anywhere else, goes in the general crypto industry news.
BitMEX’s Co-Founder Benjamin Dalo Sentenced to Probation
Benjamin Dalo, the co-founder of crypto exchange BitMEX, received a sentence of 30 months on probation. Dalo violated the Bank Secrecy Act – an anti-money laundering law. The sentence ends a legal saga that started in October 2020. Arthur Hayes and Samuel Reed (also BitMEX co-founders), as well as Gregory Dwyer (the company’s first official […]
Crypto Security Project Forta Releases Its Own FORT Token
The crypto-security firm Forta has launched its own FORT token. The goal behind the launch is to incentivize security researchers to monitor blockchain platforms. Forta has taken a decentralized approach to security. The company works with researchers who are deploying patrol bots in order to monitor for any potential security breaches. When the bot detects […]
BNB Chain releases year-long technical roadmap to develop ecosystem
BNB Chain has announced the launch of a technical roadmap designed with the intention to enhance the network’s decentralized structure, infrastructural capacity for sidechains and potential for developer-built decentralized applications (DApps) to improve performance and efficiency. Announced at the BNB Chain Revelation Summit, the document also revealed the latest iteration of the Most Valuable Builder […]
Elon Musk warns users against latest deepfake crypto scam
Tesla CEO Elon Musk distanced himself from yet another fabricated video promoting a cryptocurrency scam. Originally shared on Twitter, the video in question was a deepfake of Musk purportedly promoting a cryptocurrency platform boasting 30% returns on crypto deposits. Scammers made use of original footage from a TED Talk featuring Musk and curator Chris Anderson […]
Elon Musk To Commit $33.5B For Twitter Acquisition
The new filing indicates the Twitter deal is still going forward, although Musk recently said the deal couldn’t proceed until Twitter verifies how many users on the platform are spam accounts or bots. Twitter CEO Parag Agrawal said the company’s estimate of spam accounts on the platform is based on multiple internal reviews, and external […]
Crypto exchange KuCoin holds $50,000 contest
KuCoin Exchange has integrated fiat payment provider Advcash. Thanks to this, users will be able to deposit and withdraw funds in fiat (including UAH, USD, EUR, GBP and BRL). In honor of this, KuCoin announced the launch of two events with a prize pool of $50,000. A fiat deposit is required to participate in the programs. As […]