Sony Announces Ethereum L2 Soneium on Hope
Sony and Startale have launched a new Ethereum L2 Soneium on Optimism. The tokens of these crypto counterparties experienced an increase. In collaboration with Startale, Sony Group has introduced its blockchain, “Soneium.” Optimism’s OP Stack is the foundation of the public Ethereum layer 2 blockchain. The versatile chain endeavors to attract app developers from sectors […]
Crypto Pyramid Scheme Leader Extradites to China After Global Hunt
China extradites crypto pyramid scheme leader Zhang Moumou from Thailand after a global manhunt. Following an extensive international manhunt, Zhang Moumou, the mastermind behind a vast crypto pyramid scheme, has been extradited from Thailand to China, according to the Chinese government. This is the first instance in which China has effectively extradited an economic crime […]
Russia Plans To Set Up 2 Crypto Exchanges & BRICS Stablecoin
Despite the risks and sanctions challenges, Russia plans to launch two crypto exchanges and a BRICS stablecoin to stimulate foreign economic activity. Russia is currently establishing two cryptocurrency exchanges, one in Moscow and the other in St. Petersburg. This action emphasizes the necessity of fostering foreign economic activity (FEA). Additionally, it is designed to establish […]
OmegaPro Co-founder Arrested Over $4B Crypto Fraud
Andreas Szakacs, the OmegaPro co-founder, was arrested in Turkey for his claimed involvement in a multi-billion-dollar crypto scam. In July, Andreas Szakacs, the OmegaPro co-founder of the cryptocurrency and forex platform that subsequently collapsed, was apprehended in Turkey. He is accused of defrauding investors through a $4 billion crypto Ponzi scheme. OmegaPro Co-founder is Arrested […]
BTC Transaction Fee Shoots 120x Amid Bitcoin Staking Spree
BTC fees increased due to the significant demand for Babylon Labs’ Phase 1 Bitcoin staking, which reached the maximum limit of 1000 BTC within hours. On Thursday, the Bitcoin transaction fee increased by an astonishing 120x, reaching 60 BTC, due to the Bitcoin staking mania on the Babylon platform . Nevertheless, the fees returned to […]