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Chainalysis: Crypto Scam Revenue Dropped 46% in 2022
21.2.2023
Revenue from cryptocurrency scams dropped 46% in 2022, according to blockchain data analytics firm Chainalysis. “We attribute most of this decline to market conditions, as scam performance tends to worsen when cryptocurrency prices are in decline,” the firm explained. ‘Crypto Scam...
Jump Crypto Is Unnamed Firm That Made $1.28B From Do Kwon’s Doomed Terra Ecosystem: Sources
17.2.2023
A complaint by the SEC against Do Kwon and Terraform Labs revealed an unnamed trading firm helped Kwon restore UST’s $1 peg in 2021 in exchange for discounted LUNA tokens
Cleanspark Boosts Bitcoin Mining Capacity With Acquisition of 20,000 Bitmain Rigs
17.2.2023
Bitcoin mining operation Cleanspark has acquired 20,000 brand-new Bitmain mining rigs for $43.6 million, the company reported. Once installed, Cleanspark expects to increase its capacity by 37% by adding roughly 2.44 exahash per second (EH/s) to the firm’s fleet. Cleanspark CEO Says...
Binance Accused of Moving $400 Million from U.S. Partner to CEO's Trading Firm in Secret Scheme – Here's the Latest
17.2.2023
Binance has moved more than $400 million from its purportedly independent U.S. partner to a trading firm managed by the company's CEO Changpeng Zhao.
Over $400 million flowed from the Binance.US account at California-based Silvergate Bank to Merit Peak, a trading firm linked to CZ, over the first...
Binance and Huobi Freeze $1.4 Million in Crypto Linked to North Korea
17.2.2023
Crypto exchanges Binance and Huobi have frozen cryptocurrencies worth approximately $1.4 million linked to North Korea, according to blockchain analytics firm Elliptic. The firm noted that the stolen funds, which were dormant until recently, originated from the June 2022 hack of Harmony’s...
CFTC Charges California Firm and CEO With Fraud, Misappropriation of Digital Assets
16.2.2023
The commission alleges the defendants fraudulently solicited over $7 million worth of bitcoin and ether and misappropriated a portion of the funds in a Ponzi-like scheme
Binance moved $400M from Binance.US account to firm tied to CZ: Report
16.2.2023
A Binance.US spokesperson reportedly said only the exchange’s employees had access to its accounts, seemingly including any at Silvergate Bank
Web3 Firm Unstoppable Domains and Crypto Browser Opera Expand Digital Identity Offerings
16.2.2023
The domain name provider is now offering access to Polygon-based digital identities on Opera’s crypto web browser
Crypto Lender Celsius to Be Acquired by Novawulf, Exiting Chapter 11
16.2.2023
Crypto lender Celsius’ committee of unsecured creditors has chosen the digital asset investment firm Novawulf Digital Management to sponsor the company’s reorganization plan, according to a statement published on Wednesday. The proposed agreement would enable Celsius to exit...
Crypto Trading Firm Auros Global Restructures $18M in Debt on Maple Finance
15.2.2023
Auros Global has missed its payments on decentralized finance loans since November, citing funds frozen on the collapsed crypto exchange FTX
Blockchain Security Firm Ironblocks Raises $7M From Collider Ventures, Disruptive AI and Others
15.2.2023
The fundraise follows a record year of crypto losses to hackers
Today in Crypto: UK Goes After Unregistered Crypto ATM Operators, S. Korea Watching the Ripple-SEC Battle, Silvergate Execs Investigated by Law Firm, Bitget to Collaborate on CBDCs
14.2.2023
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: UK Goes After Unregistered Crypto ATM Operators, S. Korea Watching the Ripple-SEC Battle, Silvergate Execs...
Report: Flutterwave CEO in Bid to Recover Millions Stuck in Kenya
14.2.2023
According to reports, the CEO and co-founder of the Nigerian fintech Flutterwave, Olugbenga Agboola, recently visited Kenya where he sought to convince the country’s monetary authorities to grant the firm access to funds that have been blocked since July 2022. Agboola claimed that his firm...
Crypto Payments Firm Wirex and Visa Expand Partnership to 40 Countries
13.2.2023
Cryptocurrency payments app Wirex has signed a long-term global partnership with Visa that will see the partnership expand its footprint to 40 countries
This Popular Hardware Wallet was Hacked by a Cybersecurity Firm – Should You Be Concerned?
13.2.2023
Crypto hardware wallet provider OneKey was hacked by cybersecurity startup Unciphered - in one second. The wallet manufacturer claims the vulnerability in its firmware that allowed the breach has been fixed.
On February 9, Unciphered posted a video on their YouTube channel, stating that they...
Pantera Capital on Bitcoin: We’re in Next Bull Market Cycle
13.2.2023
Crypto-focused investment firm Pantera Capital says bitcoin has seen its lows and “we’re in the next bull market cycle.” Dan Morehead, the firm’s founder and managing partner, noted: “Over the long-term, bitcoin price has been in a secular uptrend of 2.3x annually...
Ark Invest on $1.4M BTC, Possible Julian Assange-Linked File on Bitcoin Blockchain — Week in Review
12.2.2023
Investment management firm Ark Invest has offered three bitcoin price predictions in a new report, including a bull scenario where bitcoin could reach $1.48 million per coin. In other news, a 7zip file possibly linked to activist Julian Assange was reportedly discovered in the Bitcoin blockchain...
Kenyan AI and Blockchain Startup Receives Investment From Swiss VC Firm
11.2.2023
Fastagger Inc, an artificial intelligence and blockchain startup from Kenya, recently revealed that it had received an investment from the Swizterland-based blockchain investor CVVC. Mutembei Kariuki, said the investment will be used to fund the further develop Fastagger’s “cutting-edge...
JPMorgan Estimates Ethereum Shanghai Upgrade Might Bring More Investors to Stake in the Protocol
11.2.2023
JPMorgan, one of the biggest financial institutions in the world, estimates that the arrival of the next Ethereum upgrade, codenamed Shanghai, will bring more investors to stake their funds in the protocol. The firm believes that this number might reach 60% of the ether issued, a number already...
Ground Handling Firm to Use a Blockchain Document Solution at 28 Saudi Airports
11.2.2023
The Kingdom of Saudi Arabia-based airport ground handling services firm, Saudi Ground Services, has said it plans to implement a blockchain-based document solution that allows it “to issue over 10,000 digital documents annually including licenses.” According to the firm’s Ayman...