Time and money are largely interchangeable terms. - Winston S. Churchill

IT

Canadian teenagers steal $4.2m in cryptocurrencies by pretending to be Coinbase employees

Canadian teenagers steal $4.2m in cryptocurrencies by pretending to be Coinbase employees

Two teenagers have been detained in Canada after stealing $4.2 million in cryptocurrencies from an American. During a search, Hamilton police found digital assets totaling $13 million in their wallets. The suspects were scammed through phishing emails, posing as Coinbase's helpdesk.

Near Foundation partners with Alibaba Cloud

Near Foundation partners with Alibaba Cloud

Near Foundation has announced a strategic partnership with Alibaba Cloud, a division of the tech giant of the same name. The agreement is designed to facilitate the development of Web3 in Asia, as well as to accelerate the scaling of the protocol ecosystem.

Apple, Google and Microsoft could help authorities seize crypto-assets - ex-CTO Coinbase

Apple, Google and Microsoft could help authorities seize crypto-assets - ex-CTO Coinbase

Former Coinbase CTO Balaji Srinivasan believes that large tech companies pose a threat to crypto-asset owners. According to him, giants like Apple and Google can leak sensitive information to the authorities. "They can simply scan your hard drive for private keys and then confiscate crypto-assets at the behest of

The Solana community has proposed a fork to solve problems with the SEC

The Solana community has proposed a fork to solve problems with the SEC

The Solana community discussed the possibility of conducting a fork to eliminate any potential legal problems from the SEC. Several influential members of the community supported the idea, including "HGEABC," the founder of Abracadabra.

Vitalik Buterin and Polygon co-founder contribute $100 million to COVID-19 research

Vitalik Buterin and Polygon co-founder contribute $100 million to COVID-19 research

Ethereum co-founder Vitalik Buterin and Polygon co-founder Sandeep Nailwal will jointly support COVID-19 research. They donated $100 million to India's Crypto Relief crypto fund. The funds will be used specifically to fund the medical infrastructure that is studying and developing methods to combat the coronavirus pandemic in India.

Coinbase launches promotional campaign in Washington, DC

Coinbase launches promotional campaign in Washington, DC

Cryptocurrency exchange Coinbase is launchin an advertising campaign in the U.S. metropolitan area. It aims to introduce Americans to the cryptocurrency, explain how it works, and convince them of the segment's vast prospects.

France is ready to accept all cryptocurrency "refugees" from the U.S.

France is ready to accept all cryptocurrency "refugees" from the U.S.

French financial regulator AMF is offering "asylum" to companies that are fleeing the U.S. due to regulatory ambiguity. The agency noted that so far 74 cryptocurrency counterparties have already registered in the EU.

U.S. Secret Service has its own NFT collection

U.S. Secret Service has its own NFT collection

Representatives of the U.S. Secret Service, along with members of the REACT unit, held an AMA session on the Reddit platform. When asked by the audience whether the Secret Service would launch its own meme-coin, the agency replied that their USSS San Francisco collection was already running on OpenSea.

Elon Musk resigns as CEO of Twitter

Elon Musk resigns as CEO of Twitter

Elon Musk announced that he is leaving the post of Twitter CEO. He has already found a replacement. The new CEO is expected to take over at the end of June or early July. Musk also noted that the new CEO will be a woman.

Former OpenSea manager found guilty in insider trading case

Former OpenSea manager found guilty in insider trading case

Yesterday, the trial of Nathaniel Chastain took place. A jury found the ex-manager of OpenSea guilty on charges of insider trading, fraud and violating AML laws. A final hearing is scheduled for August 22, at which time the court will announce the verdict. Chastain faces up to 20 years in