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Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius
4.1.2023
Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement between the two bankrupt firms. Celsius owes Core Scientific approximately $7.8 million for energy and hosting costs, as the crypto lender has been unable to make...
Fanatics Selling Its 60% Stake in Sports NFT Firm Candy Digital: Report
4.1.2023
The sports merchandiser is selling its interest to an investor group led by Michael Novogratz’s Galaxy Digital, according to CNBC
10 Iconic Video Game Intros To Jumpstart Your New Year
4.1.2023
We are in the moments of 2023 before the title card, when things are still preparing to be defined. I love it—from here, the next few months look magical, like there’s infinite time to do anything, or for anything to happen. This is when we make resolutions, brainstorm logistics for the trips we’ve...
Marathon Digital, Coinbase Lead Bounce for Crypto-Related Stocks
4.1.2023
Modest gains across cryptocurrencies were enough to jump start a rally in the beaten-down shares
SEC Files Limited Objection to Binance.US’s $1B Deal for Voyager Assets
4.1.2023
The agency is asking for more details how the crypto exchange can afford such a large deal
Binance Controlled 92% of Bitcoin Spot Trading Volume at End of 2022: Arcane Research
4.1.2023
A summer move to eliminate bitcoin trading fees and the collapse of rival exchange FTX pushed even more investors to the Binance platform
Star Wars Fans Waited 20 Years For This Excellent LEGO Set
4.1.2023
It’s the start of a new year, which of course means it’s time for some new Lego sets! Every January 1, Lego releases a long list of new builds, and this time Star Wars fans got a wonderful and long-awaited treat: A new TIE bomber set. And it only took two decades of waiting. But it looks like...
Coinbase Agrees to $100 Million Settlement With New York Financial Regulator for Anti-Money Laundering Violations
4.1.2023
Coinbase has agreed to pay a $100 million settlement with the New York Department of Financial Services (NYDFS), according to a consent order signed by the NYDFS superintendent Adrienne Harris on Jan. 4, 2023. New York’s financial regulator said compliance problems were detected and the exchange’s...
US DoJ Is Seizing Banking Assets, Robinhood Shares Linked to FTX, Court Told
4.1.2023
Officials may later seek to have Sam Bankman-Fried forfeit the assets, potentially including as much as $450 million in stocks, to avoid benefiting from crimes
Sam Bankman-Fried Faces ‘Tough Road,’ Legal Expert Says
4.1.2023
The former FTX CEO faces a legal uphill battle after pleading not guilty to eight counts of criminal charges
Who Are Sam Bankman-Fried's Politically-Connected 'Wealthy Co-Conspirators'?
4.1.2023
Magic Eden Issue Leads to Fake NFT Listings
4.1.2023
The unresolved issue is allowing unverified NFTs to be added to high-priced collections like Y00ts and ABC
Indicted FTX Co-Founder Sam Bankman-Fried Discussed ‘Pandemic Prevention’ With Biden Administration Officials
4.1.2023
According to public filings, former crypto billionaire and FTX co-founder Sam Bankman-Fried met with senior Biden administration officials before he was indicted for financial fraud. When asked about the visits, White House press secretary Karine Jean-Pierre told the press the meetings involved...
Why Did Sam Bankman-Fried Plead Not Guilty?
4.1.2023
The disgraced FTX and Alameda Research founder may simply be so deluded he actually thinks he's innocent - despite a mountain of evidence
2023 Predictions: The Year of Web3 Pets
4.1.2023
Virtual pets have been around for decades, but with NFTs, we set to own our online cats and dogs this year, not just play with them, says Leah Callon-Butler
TradFi Fights for Tougher Crypto Rulebook in Wake of FTX Collapse
4.1.2023
Traditional finance players want new international rules to stop FTX-style conflicts of interest, but the crypto industry warns of crimping blockchain benefits
Biggest Movers: SOL up 15%, as Bullish Sentiment Continues to Rise
4.1.2023
Solana extended recent gains on Wednesday, as the token rose by as much as 15% in today’s session. The move saw prices hit their highest point since mid-December, and comes as market sentiment has shifted in a bullish direction. Cardano was also in the green, as it hit a one-week high today....
Ethereum Builder ConsenSys and AMD SPAC Plows on Despite 95% of Shares Being Redeemed
4.1.2023
Investors in W3BCLOUD’s merger with Social Leverage Acquisition Corp voted to redeem the majority of shares, according to a filing
Former FTX CEO Sam Bankman-Fried Pleads Not Guilty to Criminal Charges, Bond Signees’ Names Remain Sealed
4.1.2023
On Jan. 3, 2023, the former FTX CEO Sam Bankman-Fried (SBF) pleaded not guilty to eight criminal charges that involve two counts of wire fraud and six counts of conspiracy. In addition to the not guilty plea, SBF’s judge Lewis Kaplan granted the defendant’s request to keep the names of his $250...
Bitcoin, Ethereum Technical Analysis: ETH Hits 3-Week High Ahead of FOMC Minutes
4.1.2023
Ethereum rose to a three-week high on Jan. 4, as markets prepared for the release of the latest Federal Open Market Committee (FOMC) minutes. Wednesday’s report will likely show the U.S. Federal Reserve’s view on the economy, and further detail its reasoning behind a policy pivot....