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Crypto Founder of Ethereum-Based Oyster Protocol Arrested for Tax Evasion in Exit Scam

Crypto Founder of Ethereum-Based Oyster Protocol Arrested for Tax Evasion in Exit Scam

The founder of Ethereum-based smart contract platform Oyster Protocol has been arrested following an exit scam in which he reaped a multi-million dollar profit.

ADA Price Surges Over 100% As Cardano Goguen Update Set For March

ADA Price Surges Over 100% As Cardano Goguen Update Set For March

The ADA price surged by over 100% this week and with Cardano’s Goguen update and functional smart contract integration set for March, ADA’s price rally looks far from over

Bitcoin Buying Power Remains Strong as BTC Holds Strong Support Despite Slight Retracement

Bitcoin Buying Power Remains Strong as BTC Holds Strong Support Despite Slight Retracement

BitMEX’s perpetual contract funding rates has returned to a neutral territory after longs were paying shorts significantly.

SEC Charges App Developer Abra for Unregistered Security-Based Swaps

SEC Charges App Developer Abra for Unregistered Security-Based Swaps

Abra and Plutus Tech have agreed to a cease-and-desist order and a combined penalty of $150,000 after being charged by the Securities and Exchange Commission for selling unregistered security-based swaps to investors in 2019.

The Electric Coin Company Officially Passes Zcash Trademark to Zcash Foundation

The Electric Coin Company Officially Passes Zcash Trademark to Zcash Foundation

The Electric Coin Company (ECC) stated that it is officially passing the Zcash trademark registration and protection to the Zcash Foundation by signing a contract.

Goldman Sachs and Citigroup Perform the First Equity Swap on Blockchain

Goldman Sachs and Citigroup Perform the First Equity Swap on Blockchain

Traditional equity swaps have to be continuously updated for multiple variables. These include different interest rates, end-of-day market prices, and corporate actions like stock splits and dividend payments. Financial institutions need to hire many people to verify the process until the swap completion, which in some rare cases, could take months.

Algorand Protocol Stateful Smart Contract Upgrade Targets Scalable DeFi Solutions and Dapps

Algorand Protocol Stateful Smart Contract Upgrade Targets Scalable DeFi Solutions and Dapps

Algorand is entering the decentralized finance (DeFI) ecosystem with its new highly scalable stateful smart contract capabilities.

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