This report will provide some essential and quick news about the cryptocurrencies happening worldwide.
1) United Kingdom Court Seizes Assets Belonging To Craig Wright
United Kingdom court orders Craig Wright’s £6 million ($7.6 million) assets frozen. The purpose of this action is to stop Wright from trying to avoid paying for his recent legal struggle. Craig Wright, who claims to be the anonymous creator of Bitcoin, Satoshi Nakamoto, was recently involved in a legal dispute with the Crypto Open Patent Alliance (COPA)…[continue reading]
2) Apple Will Show Off Its AI Strategy At WWDC24 In June
It is believed that Apple’s AI plan, with the release of iOS 18 as its central component, will be shown during the 2024 WWDC sessions. Attendees of the event may expect to observe firsthand the online store’s dedication to artificial intelligence (AI), one of the company’s most important strategic goals…[continue reading]
3) Prisma Finance Hacker Wants Fund Return Following “Whitehat Rescue”
A substantial vulnerability in the Prisma Finance decentralized finance (DeFi) protocol led to the theft of almost $11.6 million in cryptocurrency. When it happened on March 28, the vulnerability sent shockwaves across the DeFi community and made some wonder whether these platforms are really secure…[continue reading]
4) Brazil’s B3 Exchange Gets Regulatory Clearance To Start Trading Bitcoin Futures In April
Reuters reports that the platform announced on Thursday that Bitcoin futures trading would begin on April 17. Crypto-related exchange-traded funds (ETFs) and ETF receipts are now available on B3. The exchange is responding to the increasing demand for derivatives that provide protection from price swings or exposure to the direction of the popular cryptocurrency by adding Bitcoin futures to its trading platform…[continue reading]
5) Former FTX Executives And Promoters Settled A $1.3 Million Class Action Lawsuit
A group of former investors in the cryptocurrency exchange FTX who were part of a class action lawsuit seeking compensation for fraud have settled for approximately $1.36 million with former FTX executives and promoters…[continue reading]
Wallets