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Celsius 'Earn' Assets Belong to Bankrupt Crypto Lender, Judge Rules

5.1.2023
A federal judge ruled that customers of Celsius's interest-bearing "Earn" product had turned over control of their assets to the bankrupt crypto lender, meaning they are now part of the company's bankruptcy estate

Crypto Firm Wyre Reportedly Shuts Down After Canceled Bolt Acquisition, CEO Claims Firm Is Just ‘Scaling Back’ Operations

5.1.2023
According to several reports, Wyre, a cryptocurrency payments firm, is allegedly sunsetting its business. Wyre’s purported wind down follows Bolt, another payments company, canceling its plan to acquire Wyre in September. Wyre CEO Ioannis Giannaros, however, told Axios that the company is “still...

Ex-FTX Lawyer Cooperated With US Prosecutors, Reuters Reports, Citing Source Familiar

5.1.2023
Former FTX lawyer Daniel Friedberg provided information on FTX at a meeting on Nov. 22 with the U.S. Justice Department, FBI and the SEC, the source said

LastPass data breach led to $53K in Bitcoin stolen, lawsuit alleges

5.1.2023
A class action is seeking damages from the password manager following a data breach in August 2022

Ukrainian Pharmacy Chain Introduces Cryptocurrency Payments

5.1.2023
A major Ukrainian chain of pharmacies has started accepting cryptocurrency through Binance Pay. The new payment method will be available online, according to the company, which operates hundreds of drugstores across the war-torn Eastern European nation. Pharmacy Offers Ukrainians Option to Pay With...

Crypto firm Juno urges users to withdraw after 'uncertainty' with custody partner

5.1.2023
Juno recommended users pull their funds from the platform amid "uncertainty" over the fate of its crypto custody provider Wyre

Fanatic sells 60% stake in Candy Digital amid 'imploding NFT market'

5.1.2023
The sports merchandise giant has got cold feet in the shrinking NFT market

Magic Eden to refund users after 25 fake NFTs sold due to exploit

5.1.2023
Over two dozen fake NFTs were sold on the Magic Eden marketplace over a 24-hour period due to a "massive exploit" on the platform

US Regulators and the Fed Jointly Issue Crypto Warnings

5.1.2023
The Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) have jointly issued warnings about crypto risks to banking organizations. “The agencies have significant safety and soundness concerns with business models that...