News

More details about the upcoming crypto gaming handheld console SuiPlay0x1 have been revealed by Playtron and Mysten Labs, the creators of the Sui blockchain. With this, pre-orders for the device have opened with the first to pay receiving an NFT reward. The SuiPlay0x1 aims to rival Valve’s Steam Deck as a powerful handheld gaming device that can run PC games as well as crypto games—a key difference between the devices. Currently priced at $599 (plus shipping and tax), the SuiPlay0x1 falls in bet...

Scottish prosecutors converted and seized almost $144,000 (£110,000) worth of Bitcoin from the “technical brains” behind a home invasion in which a crypto holder was threatened with a machete. John Ross Rennie was convicted in October 2023 after being found guilty of “reset relating to cryptocurrency,” relating to his indirect involvement in the robbery. The late-night robbery took place at the unnamed victim’s own home in the town of Blantyre, near Glasgow, in March 2020. Three men forced the u...

Detained Binance executive Tigran Gambaryan protested his treatment by Nigerian authorities in a newly released video posted on Twitter. In the video, Gambaryan can be seen crying out in pain, pleading with a Nigerian guard for support, as he struggles to walk using a single crutch. “[The guard] was told not to help me,” Gambaryan asserted to cameras filming him, adding, “This is fucked up! Why can’t I use a goddamn wheelchair?” Binance CEO Richard Teng retweeted the video, stating that, "This...

Detained Binance executive Tigran Gambaryan protested his treatment by Nigerian authorities in a newly released video posted on Twitter. In the video, Gambaryan can be seen crying out in pain, pleading with a Nigerian guard for support, as he struggles to walk using a single crutch. “[The guard] was told not to help me,” Gambaryan asserted to cameras filming him, adding, “This is fucked up! Why can’t I use a goddamn wheelchair?” Binance CEO Richard Teng retweeted the video, stating that, "This...

Bitcoin’s price action might be dull lately—and dipping further so far today—but at least one metric is booming: the cryptocurrency’s hash rate.  The biggest digital coin’s hash rate today hit 742 exahashes per second (EH/s), according to Ycharts data. That’s an all-time high mark. This simply means the network is stronger than ever as every second, mining machines around the world tasked with keeping the Bitcoin network running are making 742 quintillion hash computations. This time last year,...

Token2049 Singapore will play host to a “world’s first” immersive theater experience from HashKey Capital, Aethir and CARV. Mystery thriller “Decode: Legacy” promises to explore the past decade and a half of crypto history through “iconic Web3 characters, solving puzzles and uncovering secrets,” in the setting of Singapore’s iconic Raffles Hotel. Crypto. Reimagined. ⏳Step into a world where the past, present, and future of crypto converge in one place and time. Decode: Legacy is coming to @toke...

Galois Capital, the crypto hedge fund that famously warned of the dangers around Terra's LUNA and UST ahead of their 2022 collapse, has been charged by the U.S. Securities and Exchange Commission for misleading investors and for not properly safeguarding customer funds. The firm, which shut down in early 2023 after being impacted by the downfall of crypto exchange FTX, has settled the charges and will pay the regulator a civil penalty of $225,000, which will be distributed to users. Galois lost...

New crypto conference Epoch Summit is set to showcase blockchain infrastructure in the Asia-Pacific (APAC) region—and “change the paradigm” of crypto events, said founder John Park. The conference launches with an Official Infra Day at Korea Blockchain Week in Seoul on September 5, with the full event spanning two days at Andaz Singapore, from September 16-17. Park, the CEO of blockchain infrastructure provider A41, told Decrypt that crypto conferences, “should be always about being forward-look...

North Korean cybercriminals are stepping up their game and becoming more sophisticated in a bid to steal cryptocurrency—including conducting research on those connected to digital asset exchange-traded funds (ETFs), the FBI has warned. In a Tuesday announcement, the agency said that criminal actors from the closed-off state were now conducting "difficult-to-detect social engineering campaigns" against those working in the crypto sector, including those in the decentralized finance (DeFi) and ETF...

Bitcoin mining giant Riot Platforms provided an investor update on Tuesday concerning its effort to take over Bitfarms, a smaller Canadian rival that’s been resisting the former’s attempted hostile takeover. Riot offered its views on recent shakeups with Bitfarms’ board of directors, including the resignations of co-founders Emiliano Grodzki and Nicolas Bonta in recent months, whom Riot had previously targeted for replacement. “While these changes represent a step in the right direction, they ha...