Marco Ochoa Gets 5 Years in Prison for Wire Fraud
Judge Jennifer Rochon of the United States District Court for the Southern District of New York has ordered the forfeiture of $914,000 and the voluntary surrender of ex-IcomTech CEO Marco Ochoa in exchange for a 60-month prison sentence starting on March 19. Marco Ochoa, the former chief executive officer of IcomTech, a cryptocurrency mining company, […]
CSA Proposes Amendments to Crypto Assets Investment Fund
The Canadian Securities Administrators (CSA) unveiled proposed amendments to regulations governing the treatment of crypto assets by public investment funds on January 18. In addition to establishing standards for custodianship, the proposed amendments currently under contemplation would restrict the crypto-related activities of public investment funds. The amendments would restrict crypto assets’ direct purchase, sale, and […]
Ethereum Dencun Upgrade Goes Live on Goerli Testnet
Dencun, the most recent Ethereum network upgrade, has reportedly gone live for the first time on the Goerli testnet as of January 17, according to a social media post by Ethereum developer Parithosh Jayanthi. As reported by Jayanthi, the introduction of the network was postponed by an estimated four hours due to a bug. However, […]
OpenAI Outlines 5 Lessons Learned from $1M Grant Program
To better align its models with human values, OpenAI outlined five significant lessons learned from its $1 million grant program to involve the public in determining how artificial intelligence (AI) should be conducted. The organization announced in May 2023 that it was preparing to distribute ten grants, each valued at $100,000, to conduct experiments to […]
GBTC Transfers 8730 BTC Worth $376M To Coinbase Prime
According to data provided by Arkham Intelligence, a blockchain analytics platform, on January 16, the Grayscale Bitcoin Trust (GBTC) transferred 8,730 Bitcoin to Coinbase Prime deposit addresses for a total value exceeding $376 million. As its share price declined, the transfers suggest that the fund might have been compelled to divest a portion of its […]