I don’t think Bitcoin make a great deal of sense – Billionaire Lee Cooperman
Billionaire Lee Cooperman Omega Advisors chairman and CEO said people should be careful about Bitcoin, and suggested gold as a better store of value. He also believes Bitcoin does not have the ability to become a worldwide currency. On Thursday, the billionaire investor told CNBC that people his age have trouble comprehending Bitcoin, adding: “I’d […]
US-Canadian citizen gets 11 years in prison for his role in a North Korean crypto hacking scheme
Ghaleb Alaumary aided North Korean hackers in the laundering of millions of dollars, including by exchanging cash for cryptocurrencies. A Canadian-American person who used wire transfers and crypto exchanges to launder funds for North Korean military hackers was sentenced to 11 years in prison and ordered to pay $30 million in restitution by a US […]
Former Ant and Uber China Executive Appointed President of Binance US
Binance US has announced that Brian Shroder, an experienced executive with substantial expertise in Asia, will assume the job of President of the organization. As part of its recent announcement, Binance stated that Brian Shroder, a senior executive who has previously worked for Uber and the Chinese financial firm Ant Group, will be taking over […]
New York county clerk accused of mining crypto at public’s expense
The employee of the New York county clerk’s office is accused of illegally mining cryptocurrency with more than 40 machines. Christopher Naples , a supervisor of information technology operations at the Suffolk County clerk’s office in New York, is accused of using his position to place crypto mining equipment in several locations at the Riverhead […]
Polygon brings privacy to ETH scaling solution via integration with Mina protocol
With the addition of Polygon, the popular ETH scaling solution, Mina Protocol’s privacy-preserving technology will now be supported. Earlier this week, Polygon, a well-known scaling solution for the Ethereum blockchain, and the Mina Protocol, a lightweight smart contracts platform, revealed a bridge that will connect the two technologies. The Mina Protocol, which is billed as […]