Search
These Businesses Will be The Survivors of the Crypto Winter, Says a Top Financial Services Lawyer
10.1.2023
Crypto companies that keep their faith in the sector, and that are able to harness the value of traditional risk management and compliance, will survive the crypto winter, one leading financial services lawyer has argued....
Read More: These Businesses Will be The Survivors of the Crypto Winter...
Financial Bubbles Expert: Crypto a Bubble Like No Other or a Ponzi Scheme. Is He Right?
10.1.2023
Some financial experts with a specialty in bubbles believe crypto is either one of the biggest bubbles in history or a smart Ponzi scheme not seen before.
2022 can be considered one of the worst years for the crypto ecosystem as a number of high-profile DeFi and CeFi platforms collapsed. Among...
Wintermute is Now One of the Biggest Market Makers in Crypto and Has Birthed 36 Millionaires
10.1.2023
Wintermute, a leading global crypto market maker, has paid its 36 British staff a total of $83 million in 2021, suggesting that the crypto company gave birth to 36 new millionaires.
According to its newly filed annual report, Wintermute paid its 36 UK staff $83 million in 2021, meaning the firm...
Crypto Exchange Bithumb Hit With Tax Investigation, Prosecutors Grill ‘Major Shareholder’
10.1.2023
The South Korean crypto exchange Bithumb has been hit with a double whammy from the South Korean tax and legal authorities – with the exchange made the subject of a “special” tax investigation. And prosecutors have summoned its suspected largest shareholder for questioning.
Chosun reported that...
Cointelegraph’s Accelerator Program launches and is seeking Web3 startups
10.1.2023
The program aims to help Web3 companies boost their media presence, community growth and brand awareness
EIP – 5988: A new proposal to develop interoperability between EVM & ZK powered rollups
10.1.2023
Abdelhamid Bakhta, one of the authors of Proposal 5988, presented the proposal during the All Core Devs, a bi-weekly meeting for leading developers to discuss the future of upgrades. The proposal aims to enhance interoperability between EVM and ZK-powered rollups while lowering the cost that...
5 sneaky tricks crypto phishing scammers used last year: SlowMist
10.1.2023
SlowMist found that across 303 recorded blockchain security incidents in 2022, nearly a third were made up of phishing attacks, rug pulls and scams
Layer-1 EVM oracle platform Flare launches to boost interoperable DApps
10.1.2023
Layer 1 EVM blockchain Flare goes online, aimed at providing developers a platform to build decentralized interoperability applications
Smart Contract Platform Tokens See Double-Digit Gains, Boosting Defi TVL Above $40 Billion
9.1.2023
Decentralized finance (defi) and smart contract platform tokens rallied on Monday morning (ET) and the total value locked in defi jumped above the $40 billion zone for the first time since mid-December 2022. The top smart contract platform coins by market capitalization increased 7.1% on January...
The DOJ Seizes $500M of Robinhood Shares Tied to Bankman-Fried
9.1.2023
The US Department of Justice has retained control of the contested 56 million shares of Robinhood, a popular financial trading app, worth approximately $500 million.
In a January 6 court filing, the DOJ notified the court handling the bankruptcy of BlockFi that it has seized 55,273,469 shares...
North Korean Crypto Hacks to ‘Surge’ This Year, Say Experts
9.1.2023
A “surge” in North Korean crypto hacks is on its way in 2023, a security provider has claimed.
The South Korean media outlet Money S reported that Panda Security, a Spanish cybersecurity software firm, predicted a “surge in fraudulent activities” and attempts to “steal virtual assets” in the year...
Wyre Limits Client Withdrawals to 90% so it Can ‘Navigate the Current Environment’
9.1.2023
The crypto-focused payments provider Wyre has limited withdrawals for its clients to 90% of funds held in the account, citing a need to “navigate the current market environment.”
"We are modifying our withdrawal policy. While customers will continue to be able to withdraw their funds, at this...
Leonicorn Swap divulges future plan of action post exploit
9.1.2023
It was the day when Leonicorn Swap happened to have launched its reward-sharing model. On the same day, an apparent hacker somehow managed to gain access and took away all of the tokens contained in their den or their reward pool. This included 360 million $LEON, equivalent to approximately 22,000...
RPC endpoints run by Solana Foundation go offline
9.1.2023
Solana Status sent out a tweet to let people know that RPC endpoints run by the Solana Foundation aren’t working right now because a bug was found in the test release 1.14. Members have been asked to switch to the 1.13 test release until the team does the repairs. Unlike earlier times, block...
Russians Set to ‘Turn to Crypto En Masse’
9.1.2023
A Russian professor has claimed that “mass” crypto adoption is on its way in the country – with interest in digital versions of the Chinese yuan and the ruble also spiking.
Per V1, the crypto forecast was delivered by Igor Belskikh, a Doctor of Economics, and Professor at the Department...
Brett Harrison Formerly FTX US President Surfaces on Twitter - What Does He Know?
9.1.2023
Brett Harrison, former president of the now-bankrupt cryptocurrency exchange FTX US, has said he will share more details regarding the exchange when the time is good.
In response to a Twitter user who asked Harrison what did he know about FTX US and when did he know it, he replied, "I’ll share...
Mastercard Taps Polygon to Empower Emerging Artists in Web3 Tech
9.1.2023
Mastercard, the payments giant, has partnered with Polygon, an Ethereum scaling platform, to introduce emerging artists into Web3 technology. Mastercard’s artist accelerator, as the program is called, will teach five different emerging artists, including singers, musicians, DJs,...
Why DeFi should expect more hacks this year: Blockchain security execs
9.1.2023
One reason is that “hackers have gotten smarter, gained more experience, and learned how to look for bugs,” according to the founder of a crypto auditing firm
Are Federal Prosecutors About to Indict Binance as Hedge Funds Face Subpoenas
8.1.2023
US authorities have sent subpoenas to American hedge funds and market-making companies dealing with Binance, the world’s largest cryptocurrency exchange, asking for records of their communications with the exchange.
According to a Saturday report from the Washington Post, the U.S. attorney’s...
Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty Increase
7.1.2023
During the first week of the new year, Bitcoin’s hashrate reached an all-time high (ATH) on Jan. 6, 2023, at block height 770,709. The network recorded a milestone of around 361.20 exahash per second (EH/s) on Friday, jumping more than 4% higher than the previous record of 347.16 EH/s...