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Top SEC Official Steps Down Following Controversial Meetings with Sam Bankman-Fried and FTX Lobbyists
29.12.2022
Dan Berkovitz, General Counsel at the Securities and Exchange Commission, is departing the agency amid reports that he had met and dined with disgraced FTX founder Sam Bankman-Fried.
In an announcement last week, the SEC said that he is departing his role at the agency effective January 31. Megan...
US Authorities Crack Down on Alleged Cryptocurrency Fraud Involving Mango Markets and Avraham Eisenberg
28.12.2022
US prosecutors have pressed criminal charges against a man accused of attempting to steal some $110 million last October by rigging crypto exchange Mango Markets, an entity run by the Mango decentralized autonomous organization (DAO). The individual is suspected of commodities fraud...
Researchers: Trust Will Return to Crypto Markets in 2023 – For These Reasons
28.12.2022
Researchers at the South Korean crypto exchange Bithumb have predicted that trust will return to crypto markets next year – and have outlined three key reasons shaping their thinking.
The exchange is one of the two biggest in the nation, and operates a dedicated analysis and research department...
US Department of Justice Launches Investigation Into $370 Million FTX Hack
28.12.2022
As the US authorities continue their investigation into the sudden collapse of major crypto exchange FTX, federal prosecutors are probing an alleged hack that allowed cyber criminals to steal assets worth more than $370 million from the platform hours after it filed for bankruptcy. ...
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The best blockchain games of 2022 graded as per ranks
28.12.2022
Blockchain Gaming is that one segment in the digital industry that is sure to look out for. The technology has brought a lot of opportunities for start-ups to grow, especially the ones looking to get a headstart in the Web3 sphere. The segment has a lot of players, but not all of them have been...
Kaspersky Report: North Korean Hackers Impersonating Crypto VCs in New Phishing Scam
28.12.2022
BlueNoroff, a subgroup of the North Korean state-sponsored hacking group Lazarus, is now impersonating venture capitalists looking to invest in crypto startups in a new phishing method. ...
Read More: Kaspersky Report: North Korean Hackers Impersonating Crypto VCs in New Phishing Scam
Sam Bankman-Fried Spent Several Hours with 'The Big Short' Writer Michael Lewis While Under House Arrest
28.12.2022
Michael Lewis, author of the bestseller book The Big Short, has met with Sam Bankman-Fried, the disgraced founder and former CEO of the collapsed crypto exchange FTX, at the California home where he is holed up awaiting trial. ...
Read More: Sam Bankman-Fried Spent Several Hours with 'The...
Shytoshi Kusama tweets that Shibarium is coming soon
27.12.2022
Shytoshi Kusama, who happens to be one of the prominent and leading developers of the Shibarium layer 2 blockchains, recently, through a tweet, declared that the launching of it would be taking place very soon. This very tweet went out to benefit more than 800,000 present followers on the 24th...
Binance CEO CZ Clarifies Reasons Behind Recent FUD Surrounding the Exchange – This is What he Said
26.12.2022
Binance CEO Changpeng “CZ” Zhao has recently taken to Twitter to share what he thinks might be the reasons for the recent fear, uncertainty, and doubt (FUD) surrounding the crypto exchange.
In a lengthy Twitter thread on Saturday, CZ shared nine potential reasons behind the recent FUD, all...
Polygon Overtakes the BNB chain in daily transactions every week
26.12.2022
The year ends on a great note for Polygon as the platform has overtaken BNB Chain for the second time in 2022. According to the latest reports, Polygon has surpassed BNB Chain in daily transactions every week. The exchange has noted over 3 million transactions daily, and the primary reason behind...
Alameda Research's Sam Trabucco Emerges in FTX Scandal: What Role Did He Play?
25.12.2022
The spotlight has turned on Alameda Research’s former co-CEO Sam Trabucco as evidence shows he might have played a key role in the FTX scandal.
Trabucco, who was the co-CEO of Alameda along with Caroline Ellison until August 2022 when he stepped down from the role of CEO, has come under...
Jim Cramer: "I Wouldn't Touch Crypto in a Million Years" – Mad Money Host Urges SEC to Crack Down
25.12.2022
CNBC's Mad Money host Jim Cramer has lashed out at crypto investors once again, saying he wouldn't get involved with it "in a million years."
In an interview on Friday, Cramer spoke out against crypto market participants who hold various crypto assets like Solana and Litecoin, calling them...
New Report: North Korea has Stolen In Excess of $1 Billion Worth of Crypto Assets
24.12.2022
Hackers sponsored by the North Korean government have stolen over $1 billion worth of digital assets since 2017.
South Korea’s main spy agency, the National Intelligence Service, has revealed that North Korean hackers have stolen an estimated 1.5 trillion won ($1.2 billion) in crypto assets over...
CEO of FTX Sister Company Caroline Ellison Confesses to Misusing Customer Funds – Here’s What You Need to Know
24.12.2022
Former Alameda Research CEO Caroline Ellison has agreed to plead guilty to seven offenses, which include charges of wire fraud, securities fraud, and money laundering. Meanwhile, the CFTC has claimed that she "gambled Alameda customer money."...
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ShareRing Vault is a digital pass for users in need of instant verification
24.12.2022
Privacy is inviolable. It is held so dearly, and the law provides for this human right’s preservation. The quest to ensure everyone’s right to privacy is upheld forms the core of crypto and blockchain. Every batch of transactions in the blockchain is inherently private. Only authorized...
FTX Co-Founder Sam Bankman-Fried Posts $250 Million Bond, Will Remain Under House Arrest – Where is the Money From?
23.12.2022
Disgraced former FTX CEO Sam Bankman-Fried has been released from jail after posting a $250m bond in a New York court.
The bond was paid for partly by Bankman-Fried’s parents, Standford law professors Joseph Bankman and Barbara Fried, putting up the equity in their California home. However, facts...
SEC's Munter: Investors Should Proceed with Caution on Crypto Proof-of-Reserve Audits
23.12.2022
The United States Securities and Exchange Commission (SEC) has issued a warning regarding audits of cryptocurrency companies, saying that investors should be “very wary” about relying on a company’s proof-of-reserves.
In a recent interview with the Wall Street Journal, Paul Munter, the SEC’s...
Popular Crypto Forecaster Scott Minerd of Guggenheim Partners Passes Away Unexpectedly
23.12.2022
Scott Minerd, the chief investment officer of the multinational investment company Guggenheim Partners and a popular crypto forecaster, has died.
In a press release on Thursday, the company confirmed the news, saying that Minerd, 63, suffered a heart attack during his regular workout...
Oryen Network (ORY) dApp looking better than anything on Cardano (ADA) Network so far, Presale live now
22.12.2022
While most people know of Ethereum as the go-to blockchain for dApps, Cardano has been working hard to take the mantle from them. Thus far, over 1000 dApps reside on the blockchain. However, many of those dApps have been a disappointment; they do not offer anything new that users could not find...
Official: Sam Bankman-Fried Enters FBI Custody and Set to Appear in Front of US Judge as Associates Ellison and Wang Turn on Him
22.12.2022
Sam Bankman-Fried (SBF), the disgraced founder of crypto exchange FTX, has been extradited to the United States and is set to appear before a judge on Thursday.
The court appearance is expected to take place on Thursday afternoon at a Manhattan federal court. According to a New York Post report...