Author: Kryptonews

Mittlerweile dürfte es jeder mitbekommen haben: Bitfinex bringt einen eigenen Token mit dem Ticker „Leo“ heraus. Nachdem es bereits nach dem Bitfinex-Hack einen Debt-Token gab (den man auch in Anteile an iFinex eintauschen konnte), der auch vollständig zurückgekauft wurde, wird der Token diesmal ein Exchange-Utility-Token a là Modell BNB. Zunächst einmal ist es allerdings aus meiner Sicht sinnvoll, den Weg hin zu dieser Entscheidung von Bitfinex nachzuvollziehen. Dabei ist der Vorfall etwas komplexer und ich möchte daher nicht versuchen, diesen hier wiederzugeben. Stattdessen finden sich im Folgenden die Gerichtsdokumente (leider auf Englisch), mit denen man sich am besten selbst ein…

Jennifer Sanasie is an executive producer and senior anchor at CoinDesk, with over a decade of journalism experience across the U.S., Canada, and South Africa. Beyond media, she has worked closely with Web3 companies on marketing, content, and business strategy.Jennifer holds an MBA from the Rotman School of Management, a Master of Laws in Innovation and Technology from the University of Toronto, a BA in Media Studies from the University of Guelph, and a Journalism Diploma from Humber College.She owns BTC, ETH, SOL, USDC, USDT, G7, and DCNT. She also holds a mix of NFTs, altcoins and memecoins worth under…

The US Department of Justice does not intend to drop its federal criminal charges against Tornado Cash developer and co-founder Roman Storm, Decrypt reported on May 15, citing sources within the DOJ.The DOJ’s decision to proceed comes despite an internal memo circulated last month signaling a potential shift in how the agency handles cases involving crypto mixing services.Storm will stand trial on federal charges, including money laundering and sanctions evasion.Criminal chargesFederal prosecutors allege that Storm conspired to launder funds, evade US sanctions, and operate an unlicensed money transmitting business through Tornado Cash, an Ethereum-based coin mixer designed to obscure the…

Introduction to Blockchain Scalability Blockchain technology has long been hailed as a revolutionary force in finance, supply chain management, and data security, thanks to its decentralized, immutable, and transparent nature. However, one persistent challenge has limited its widespread adoption: scalability. The ability of a blockchain network to handle a high volume of transactions efficiently is crucial for real-world applications. Bitcoin, for example, processes around 4.6 transactions per second (TPS), while Visa handles thousands. To bridge this gap, blockchain innovators have been developing scaling solutions that enhance transaction capacity without sacrificing decentralization or security. Scaling Challenges: Why Traditional Blockchains Struggle The…

Authorities in Peru are searching for the vandal responsible for spray-painting the image of a penis onto a wall of Chan Chan, an ancient archaeological city 300 miles north of Lima. The vandalism, which was filmed, was dealt to one of the original walls of the more than 600-year-old pre-Columbia city. The Chan Chan Archaeological Zone is operated by Peru’s Ministry of Culture, and recognized as a UNESCO World Heritage Site. According to Artnet, a video appeared on Facebook on May 12 of an individual wearing a white t-shirt, and carrying a black backpack, marking a large section of the…

Top House Democrats have launched an inquiry into President Donald Trump’s crypto ventures, citing concerns over potentially illegal fundraising, foreign influence, and abuse of political power. In line with this, they have requested all suspicious activity reports (SARs) connected to Trump’s fundraising efforts. The Allegations In a letter to Treasury Secretary Scott Bessent, Democrats Gerald Connolly, Joseph Morelle, and Jamie Raskin, senior members from three House committees, said: “We write regarding the potential misuse of certain politically oriented fundraising ventures for fraudulent, corrupt, or other illegal purposes.” The inquiry targets the Republican fundraising platform WinRed, multiple political action committees, including…

What is Blockchain Technology? Blockchain technology is a decentralized, distributed digital ledger that records transactions across multiple computers in a network. Unlike traditional ledgers maintained by a single authority, blockchain operates on a peer-to-peer (P2P) network, making it transparent, secure, and resistant to censorship. It was first introduced by Bitcoin in 2009 but has since expanded beyond cryptocurrency to various industries, including supply chain, healthcare, and finance. Key Features of Blockchain Decentralization: No single authority controls the network; data is spread across multiple nodes. Immutable Transactions: Once a transaction is recorded (or "mined"), it cannot be altered without consensus. Consensus…

The Pectra testnet activation revealed issues in clients with deposit contract configurations changes on Ethereum testnets. While Sepolia’s recovery was straightforward and the network has since fully recovered, Holesky experienced extensive inactivity leaks as part of its recovery mechanism. The Holesky network has since then finalized, but the exited validators would take approximately one year to fully be removed from the validator set (¹). While stakers can test deposits, consolidations and all other Pectra features, the size of the exit queue prevents Holesky from being used to test the full validator lifecycle within a reasonable timeframe. To address this, a…

Key Takeaways A judge rejected a proposed settlement that would have reduced Ripple’s penalty from $125 million to $50 million. Judge Analisa Torres emphasized that parties must show exceptional circumstances to vacate a final judgment. Share this article A federal judge has denied a joint request by the SEC and Ripple Labs to approve a settlement that would have sharply reduced Ripple’s $125 million civil penalty and lifted a standing court injunction against future securities violations, according to an update from defense lawyer James Filan. #XRPCommunity #SECGov v. #Ripple #XRP Judge Torres has denied the parties’ motion for an indicative…

A delay in Tether’s wallet blacklisting process has enabled over $78 million in illicit funds to be moved before enforcement actions could be executed.In a report released on May 15, blockchain compliance firm AMLBot said there was a significant gap in the timing between the initiation and completion of Tether’s blacklisting on both Ethereum and Tron blockchains.While the stablecoin issuer has the capability to freeze funds as part of its compliance protocols, AMLBot found that the technical structure of Tether’s multisignature contract creates a lag, giving malicious actors a window to act before restrictions are applied.How Tether’s Two-Step Blacklist Process…