Chinese Tech Executive Sentenced 14.5 Years for $19.5M Crypto Laundering Scheme

Chinese Tech Executive Sentenced 14.5 Years for $19.5M Crypto Laundering Scheme

tech exec sentenced for 19 5m crypto laundering The recent conviction and sentencing of a Chinese executive for laundering $19.5 million through cryptocurrency mixers, exchanges, and shell companies offers a revealing case study of how illicit funds are cycled through digital assets and how law enforcement agencies are adapting to combat these sophisticated crimes. The…

Crypto Hacks Surge in July with $142 Million

Crypto Hacks Surge in July with $142 Million

July 2025 saw a massive rise in crypto hacks with a total of 17 major hacks totalling the loss of 142.16 million. It is a 27.2 percent increase in the amount stolen, $111.6 million in June.  According to statistics provided by blockchain security company PeckShield, cryptocurrency services continue to be under attack. The three most…

A Layer 2 Solution On The Solana Blockchain

A Layer 2 Solution On The Solana Blockchain

Solayer (LAYER) is a Layer 2 solution built on the Solana blockchain. It focused on enhancing scalability and efficiency by utilizing hardware acceleration e.g., programmable switches, FPGAs) and advanced networking to achieve high transaction throughput and low latency. Alternative protocol Solayer is a restaking protocol, allowing users to redeploy their staked SOL tokens…

RedStone Revolutionizes DeFi Lending with Real-Time Liquidations and MEV Protection

RedStone Revolutionizes DeFi Lending with Real-Time Liquidations and MEV Protection

redstone enhances defi lending with real time oracles Decentralized finance (DeFi) protocols are evolving rapidly to address critical challenges like efficient liquidation processes and protection against market exploits such as Miner Extractable Value (MEV). RedStone, a next-generation blockchain oracle, is pioneering innovations that bring real-time liquidations and native MEV capture to lending protocols using its…