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Lee Sang-jun profited approximately $2 million from the bribes.
Two of his associates, Ahn Sung-hyun and Kang Jong-hyun, have also received prison sentences.
The IRS issued new regulations requiring DeFi platforms to report crypto transactions. In response, the Blockchain Association filed a lawsuit against the IRS, arguing that the rules are unconstitutional.
Crypto is full of a myriad of different names for blockchains, protocols, VC firms and more. Here’s a look at the inspiration behind some of the most popular projects.
We embrace Bitcoin for how it saves the world economy from money-printing, yet in Web3/crypto, we’re practising exactly what we preach against: token-printing through time-scheduled unlocks.
2024 marks a turning point for the adoption of onchain finance in traditional markets, with Chainlink solidifying its position as the standard for verifiable data, cross-chain interoperability, and connectivity between blockchains and legacy infrastructure.
Crypto VC funding increased 28% in 2024 to $13.7 billion but fell short of past peaks.
Top crypto VCs predict 2025 funding will focus on startups demonstrating strong product-market fit.
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