Search
Federal Judge Orders Mediation for BlockFi and Three Arrows Capital Dispute Over $284 Million Payments
12.10.2023
A US bankruptcy judge, in order to resolve the legal battle over a significant $284 million claim by bankrupt crypto hedge fund Three Arrows Capital (3AC) against crypto lender BlockFi, has ordered them to enter mediation....
Read More: Federal Judge Orders Mediation for BlockFi and Three Arrows...
Alameda’s $150M Bribery Bombshell: Thai Sex Workers and Sam Trabucco’s Disappearance Fuels Mystery
12.10.2023
In a riveting development, Caroline Ellison’s recent testimony revealed that Alameda Research is believed to have shelled out a whopping $150 million to Chinese officials to unlock accounts valued over $1 billion. The narrative thickens as the former co-CEO, Sam Trabucco, has seemingly...
The 'We Were Here' franchise gave away 7 million copies of its latest game. Why?
11.10.2023
Also: why Steam's locking down your dev accounts, game discovery news galore
Bitcoin Minetrix approaches $1 million milestone as investors rush to high APY and cloud mining ahead of price increase – Just 5 days to go
11.10.2023
Bitcoin Minetrix ($BTCMTX) is approaching the $1 million milestone as investors rush to its high APY returns. The project intends to revolutionize the cloud mining sector to remove prevalent scams in the industry, making it completely transparent. Investors are rushing to get positioned into...
Ethereum Inflation Rises as Onchain Activity Declines; $35.31M Added in 17 Days
11.10.2023
Ethereum’s shift from a deflationary to an inflationary model has witnessed a 0.178% uptick in the last 17 days. During this period, the network added 22,502 ether, valued at $35.31 million, to its total supply. Ethereum’s Growing Inflation Fueled by Onchain Downturn Previously...
Bitfinex is looking for a $150 million share repurchase
11.10.2023
Bitfinex’s proprietor is contemplating a $150 million share repurchase as a means of enhancing its operational control over the private company. The reason is more pressing as the emphasis on regulatory aspects continues to grow. Hong Kong-based iFinex has the same board of directors...
Bitfinex Owner Seeks Regulatory Leverage with $150 Million Buyback
11.10.2023
In response to the recent regulatory challenges faced by Bitfinex, iFinex Inc., the Hong Kong-based parent company, is set to repurchase shares worth $150 million from its shareholders, constituting approximately 9% of the company's total outstanding capital. This move, reported by Bloomberg...
From Paradise to Courtroom: Sam Bankman-Fried's $35 Million Bahamas Property
11.10.2023
Prior to his crypto empire’s collapse eleven months ago, disgraced FTX boss Sam Bankman-Fried (SBF) lived on a lavish Bahamas property alongside nine close friends, accomplices, and fellow executives....
Read More: From Paradise to Courtroom: Sam Bankman-Fried's $35 Million Bahamas Property
As DEE Token Catapults Up 800%, This Silent Crypto Has Snagged $1 Million – Primed for Take-off?
11.10.2023
In the latest On-Chain moon-shot a Street Fighter 6 themed token called Dee Jay (DEE) has exploded an eye-watering +800% overnight.
Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless pump-and-dump moon-shots, including BDOGE, APX, FTX, Blinky, DRS and SNOR.
The...
Indian Government Collects Over $12 Million From Crypto Taxes
11.10.2023
India’s Central Board of Direct Taxes (CBDT) has collected more than 100 crore INR ($12 million) from one percent TDS (Tax Deducted at Source) on crypto transactions in this financial year.
The Indian government had implemented one percent direct tax on all crypto transactions from July...
Hamas Received $41 Million in Crypto in Lead Up to Attack on Israel
11.10.2023
Investigations based on Israeli government seizure orders and blockchain analytics have indicated that Hamas, along with other militant groups such as Palestinian Islamic Jihad (PIJ) and Hezbollah, received millions of dollars in crypto funding in the lead-up to the attack on Israel....
Read More:...
Bankman-Fried’s Defense Targets $300M Loan Interrogations; Ex-CTO Gary Wang Spotlighted
10.10.2023
Attorneys defending ex-FTX chief Sam Bankman-Fried are keen to interrogate the former CTO of the now-dissolved exchange concerning personal loans ranging from $200-300 million, a fresh letter from Cohen & Gresser LLP reveals. Former CTO Gary Wang is set to return to the stand on Tuesday, with...
Today in Crypto: Fines and Prison for Unregistered Crypto Firms in Cyprus, OrdinalsBot Raise $1 Million, Zimbabwe Gold is Now a Payment Method
10.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Fines and Prison for Unregistered Crypto Firms in Cyprus, OrdinalsBot Raise $1 Million, Zimbabwe Gold...
Consultant's Heroic Act: How a Personal Wallet Saved $400 Million During the FTX Hack
10.10.2023
In a dramatic turn of events during the collapse of crypto exchange FTX last November, a heroic act by an adviser played a pivotal role in preventing what could have been one of the largest crypto heists in history.
According to a Wired report from Monday, Kumanan Ramanathan, an adviser to...
Cybercriminals Use Dexs and Crypto Cross-Chain Services to Launder $7 Billion — Elliptic
10.10.2023
According to the findings of a research study by Elliptic, cybercriminals are believed to have used crypto cross-chain bridges and coin swap services to launder $7 billion worth of “illicit or high-risk funds.” The Lazarus Group, a cybercriminal organization said to be backed by North...
Pepe Price Prediction as $30 Million Trading Volume Sends PEPE Down 4.4% – Time to Buy the Dip?
10.10.2023
The PEPE price has slipped by 2.5% in the past 24 hours, with the meme coin now also down by 10% in the past week, at $0.000000668902.
This level marks an 8% loss in the last 30 days and an 84% fall since the meme token reached a record high of $0.00000431 at the beginning of May....
Read More:...
Mistake or money laundering? User pays $1.6 million for CrypToadz NFT
10.10.2023
The purchase was funded from a digital wallet, which has been a part of the chain of transactions, anonymized by the Ethereum coin mixing service Tornado Cash
Tornado Cash Processed Over $77 Million in Past 30 Days: Arkham
10.10.2023
As per blockchain intelligence firm Arkham, $77.35 million in assets have flown through Tornado Cash’s contracts on Ethereum mainnet in the past 30 days.
Despite being sanctioned by the US Treasury Department in August 2022, Tornado Cash remains the largest crypto mixed on Ethereum network.
The...
Report: Australian Police Seize Crypto Worth $1.5 Million From Dark Web Drug Dealer
10.10.2023
The police in the Australian state of South Australia recently seized cryptocurrency worth $1.5 million from an alleged dark web drug dealer. Police also recovered a “large quantity” of the synthetic opioid nitazene as well as tens of thousands of dollars in cash. ‘Illicit...
Ethereum's Supply Surges: $47 Million Worth of ETH Added in 30 Days
9.10.2023
Ethereum's recent supply surge has raised concerns among crypto enthusiasts as over $47 million worth of Ether (ETH) tokens were added to circulation within the last 30 days.
The development comes as a surprise to many Ethereum proponents who expected the transition to proof-of-stake (PoS) last...