Former Ethereum developer was sentenced to 5 years in prison. Crypto investors could potentially follow in his footsteps if a study ascribing them psychopathic tendencies is to be believed.
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Ex-Ethereum Developer Virgil Griffith Sentenced to 5 Years in North Korea Case
Virgil Griffith, a former Ethereum developer, was found guilty of violating U.S. sanctions law against North Korea. The developer was handed five years in prison for his trip to Pyongyang, where he attended a "Blockchain Conference" and shared insights about how North Korea can use cryptocurrencies to dodge sanctions. The judge dismissed the defense's plea that Griffith is psychologically unstable. Read more!
Pantera Capital Closing Blockchain Fund Worth $1.3 Billion
Venture capitalist firm Pantera Capital is about to close a blockchain fund at $1.3 billion, more than double the initially targeted amount. The fund will invest in early-stage crypto firms, but the investment giant has other plans, too. A second fund to back growth-stage crypto companies is also in the making. Read more!
MoonPay Raises $87 Million From Justin Bieber, Paris, Hilton, Maria Sharapova and Others
Crypto payments processor MoonPay has raised $87 million from a star-studded line-up of A-list investors. Names include Paris Hilton, Snoop Dogg, Maria Sharapova, and more as the company finished its Series A round. As the payment processor for OpenSea, MoonPay has benefited greatly from the rise of NFT collections like Bored Apes Yacht Club. Read more!
Study Claims That Bitcoin Fans Have "Dark Tetrad" Traits
A study by Queensland University supposedly found a link between crypto investing and psychopathy. It concluded that crypto investors are also more likely to exhibit narcissistic and sadistic traits, which are linked to FOMO and government distrust. Crypto Twitter ran with it, and several accounts jokingly admitted to being psychopaths. Read more!
Facebook Whistleblower Blasts Meta's Metaverse Plans Over Privacy Concerns
Frances Haugen, a former Facebook employee and whistleblower, voiced her concerns over Meta's supposed efforts to protect its users' privacy. In an interview with Politico, she slammed the company for lack of ethics to wield its excessive data-collection capabilities. Haugen is not the only prominent figure to raise concerns about Meta's metaverse plans. Read more!
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