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CryptoBlog n.1980


???? Former Binance CEO Changpeng Zhao sentenced to 4 months in prison. BNB Rank 4 Jailed in 4th Month Fined 4 Billion Jailed for 4 Months

CryptoBlog n.1979


Tether’s CEO Paolo Ardoino stated that the Big Four accounting firms avoid auditing Tether due to reputational risks. Tether, valued at $108bn, uses quarterly attestations and seeks an audit for greater transparency.

CryptoBlog n.1978


???? Adidas and Stepn Unveil NFT Sneakers in Trailblazing Web3 Partnership Adidas has partnered with the Solana-based fitness app Stepn to launch an exclusive NFT sneaker collection, signaling the sports giant's further dive into the Web3 space. Adidas, the sports footwear and apparel company, has partnered with Stepn, a Solana-based fitness app, the latter said on Monday, as per Newsjani. The collaboration will begin with a batch of 1,000 NFTs known as the Stepn x Adidas Genesis Sneaker Collection. According to a news release, it is based on some of the "most iconic running silhouettes."

CryptoBlog n.1977


???? PayPal Withdraws NFT Purchase Protections PayPal has announced revisions to its Seller Protection Program, with notable changes affecting Non-Fungible Token (NFT) transactions starting May 20. Under the updated terms, PayPal will no longer protect NFT transactions, including those exceeding $10,000. This decision marks a shift in the company’s approach to buyer protection within the NFT market, indicating the industry’s growing maturity.