Russian in the US laundered $530 million through crypto firm Evita to circumvent sanctions against Russian banks
The U.S. Department of Justice has indicted Yuri Gugnin, a Russian citizen and resident of New York, for laundering $530 million through his own cryptocurrency firm, Evita. The crimes took place from June 2023 to January 2025.
Microsoft integrates blockchain data into its Fabric analytics platform
Microsoft has announced integration with crypto startup Space and Time Labs (SXT). This will allow direct access to reliable blockchain data in real time directly through Microsoft Fabric, a data analytics platform.
Trump’s crypto platform World Liberty Financial completes token sale
The World Liberty Financial project finally succeeded to complete token sale and raise $550 million. DeFi, a lending platform backed by Donald Trump and his three sons, intends to use the proceeds for development and expansion.
«How Libra» was destroyed: the former Meta crypto project head reveals the reasons behind the collapse
David Marcus, the former head of Meta’s Libra stablecoin project, said that the reason for the failure was not economic or technical problems but political pressure from regulators. In a post titled «How Libra was destroyed», he described how the company had to cancel its ambitious plans due to problems at the highest level.
Trump’s crypto platform has received an unexpected $30 million in investment, but will it save it?
What is $30 million for a person who can afford to buy a banana for $6.24 million? Recently, Donald Trump’s cryptocurrency platform World Liberty Financial (WLFI) received funding from the crypto-billionaire and TRON blockchain founder Justin Sun. He purchased WLFI tokens worth $30 million and is now its largest investor.
A billion-dollar deal: Stripe acquires crypto startup Bridge
American technology company Stripe is in talks to acquire crypto startup Bridge for $1.1 billion. If the deal is finalized, it will be the largest acquisition in the history of Stripe and the crypto industry in general.
Crypto projects ranking 2024: the best Q3 blockchains and tokens
Popular analytical platform CryptoRank has published statistics on the most successful cryptocurrency projects of the third quarter of 2024 (Q3).
The world’s first smartphone with a built-in DePIN node — XForge is announced
Blockchain platform XProtocol has unveiled teasers of a branded device called XForge. The company is positioning the smartphone as the world’s first with a built-in DePIN-node. The price of the crypto phone is $299. XForge is designed to improve the gaming experience and integrate with the XProtocol decentralized network.
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