A Singapore court has sentenced Ho Kai Xin to nearly 10 years in prison for defrauding cryptocurrency exchange Bybit of $5.7 million through payroll manipulation. The 33-year-old, who pleaded guilty to 44 charges—including cheating and dealing with criminal proceeds—received a nine-year, 11-month sentence, according to The Straits Times on 20 February 2025. Ho’s offenses occurred
A judge has ruled on the compliance requirements for a crypto money transmitter — even if they do not control their users’ funds. Source link
The original version of this story appeared in Quanta Magazine. Calculus is a powerful mathematical tool. But for hundreds of years after its invention in the 17th century, it stood on a shaky foundation. Its core concepts were rooted in intuition and informal arguments, rather than precise, formal definitions. Two schools of thought emerged in
TL:DR Pi Network finally launched its Open Network earlier this week, alongside the PI token, but its price tumbled in a classic sell-the-news event. However, it has rebounded hard in the past 24 hours following strong speculation that it will be listed by the world’s largest crypto exchange. After years and years of development, rumors,
Deltec Bank and Trust has reportedly sold its lines of business to Brittannia bank and Trust, another Tether bank in the Bahamas. Source link
The General Services Administration, the agency that manages buildings owned by the federal government, is planning to shut down its entire network of electric vehicle chargers, according to a report in The Verge. The GSA reportedly operates a network of hundreds of EV chargers with a total of 8,000 plugs that can be used to
According to David Eastman, Yougov’s managing director for Latin America, this shows the advance of crypto in Brazil and should serve as a wake-up call for banks. Yougov Poll Shows Some Users Would Substitute Banks With Crypto A recent survey conducted by Yougov, an international online research data firm, has given insights into the advancement
The NFT market has rebounded despite crypto price weakness, with Bitcoin dipping to $96,000 and Ethereum unable to break past $2,700, hovering around $2,600. As per the latest CoinMarketCap, the global crypto market cap has dropped to $3.18 trillion from last week’s $3.24 trillion. According to CryptoSlam data, NFT sales volume has grown to $152.9
While Aave and Maker (now Sky) founders basked in a ‘DeFi renaissance moment,’ some less well-known projects were losing millions. Source link
How we tested All seven of these headphones were hands-on tested by Mashable editors and writers, including past and current tech reporters, senior tech editors, as well as shopping reporters and editors. All of these headphones were chosen with the following criteria in mind: Comfort: As we mentioned above, active noise cancellation becomes much less