Voyager Creditor Calls For Seizure Of Voyager’s Estate
A finance attorney and Voyager creditor, Michelle DiVita, has requested the appointment of a Chapter 11 Trustee in Voyager's bankruptcy case, which would result in Voyager losing control of its…
Blockchain
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UK Treasury Releases Consultation Paper For Crypto Regulation
The Treasury has published a consultation document on regulating crypto exchanges, lenders, and custodians. The document acknowledges that crypto assets offer various benefits but pose risks to consumers. Treasury's Consultation…
SEC Denies Approval Of Ark Investment’s Bitcoin ETF For A 2nd Time
The US securities watchdog, (the US SEC) has rejected the Bitcoin spot exchange-traded fund (ETF) proposal submitted by Ark Investment Management for a second time. In July 2021, Ark joined…
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Ethereum (ETH)
US Firms Make Up 85% of Bitcoin Purchases – Report
Recent data showing institutional purchases of the flagship digital asset indicates that institutional investors in the United States are still bullish on cryptocurrency. The data from Matrixport shows that American…
Digital Assets Custodian Prime Trust To Suspend Operations In Texas On January 31st
Prime Trust, one of the leading crypto custodians, recently announced that it would suspend its operation in Texas. The firm announced after withdrawing its application for the Texas Money Transmitter…
FTX Crash: Digital Surge Appears As An Unpredictable Survivor
The cryptocurrency sector witnessed several tumultuous moments in 2022. The collapse of FTX, one of the prominent crypto exchanges, was one of the significant dips of the year. The news…
Tesla Reports Q4 Bitcoin Losses While Microstrategy Acquires More
According to Tesla's fourth-quarter earnings report released on Wednesday, its BTC assets are still in the red. The business's overall earnings and revenue, however, have outperformed projections. In the last…
Porsche Discontinues Its ETH-Based NFT Minting After Public Backlash
German high-performance sports car manufacturer - Porsche has recently declared that it will discontinue the minting of its Ethereum-based NFT following widespread criticism. Porsche announced that it would halt the…
Aussie Execs Backs Argument To Tag Crypto As Financial Products
Following recent statements from the Assistant Treasurer of Australia, Australian executives have cautioned against treating all digital assets as financial products. Australia's Assistant Treasurer Considers Crypto Financial Products In a…
Coinbase Teams Up with Borussia Dortmund (BVB) in a Sponsorship Deal
Coinbase has taken a move to expand its partnership with sports platforms by agreeing with Borussia Dortmund (BVB), the German professional football team. The deal will see the US-based crypto…
SEC Accuses Mango Exploiter Of Stealing $116M Worth Of Crypto
The US SEC (Securities and Exchange Commission) has filed charges against the hacker behind the 2022 multimillion-dollar exploit on Mango Markets. The SEC's filing follows similar actions taken by the…
Winter Storm At Helios Results In 25% Fewer Mined BTC For Argo Blockchain
Due to the company stopping mining at Helios due to harsh weather conditions, Argo Blockchain mined less BTC than anticipated in December. A winter storm in Texas caused a dramatic…
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NFT (Non-Fungible Token)
1inch Introduces 1inch Hardware Wallet As Self-custody Rises
A DEX (decentralized exchange) aggregator, 1inch Network, is the most recent crypto platform to enter the hardware wallet market as self-custody becomes increasingly popular. 1inch Network To Launch Hardware Wallet …
Department Of Justice Affirms An Enforcement Action Against A Crypto Exchange
The DoJ's enforcement action against Bitzlato marks an essential milestone in the fight against crypto crime. It is the latest in a series of initiatives by the US government to…
Mango Exploit: SEC is also probing Eisenberg – CFTC Commissioner
The SEC scrutinizes Mango exploiter Eisenberg for potential Commodity Exchange Act (CEA) breaches. In a report issued earlier this week, Commissioner Kristin Johnson of the CFTC confirmed the SEC's probe…
Binance’s Multicoin Acquisition Raises Questions About Its Feud With FTX
In 2021, Binance, the largest crypto exchange in the crypto sector, purchased stakes in the crypto hedge firm Multicoin. However, this investment has raised questions in the Twitter crypto community…
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Shiba Inu (SHIB)
Shibarium Team Debunk Rumors And Confirms BONE As Its Only Utility Token
Recently, the Shibarium team released an official statement to clarify its users concerning the spreading rumors about its network. The team tweeted that their BONE token is their platform's only…
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Regulation
Chinese Communist Party Secretary Connives With Miners To Violate Nationwide Ban
Xiao Yi, a Communist Party's provincial secretary in China, has reportedly pleaded guilty after being charged with violating the country's ban on Bitcoin mining. He allegedly accepted bribes from some…
Why ARK Invest’s Ex-Crypto Head Is Bullish About Solana
Over the years, crypto markets have remained highly volatile, and the value of any digital asset can swing upwards or downwards within a short period. However, investing in cryptocurrencies could…
DOGE Price Increases As Dogecoin Foundation Announce Development Fund
Amazement fills the air as Dogecoin Foundation discloses its major fund for the Core development. As a result, DOGE's price increased by 2% in one hour. On Saturday, the Dogecoin…
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Scammers Impersonate US Agency, Claims To Help Affected FTX Users
Last month, the famous crypto exchange, FTX, filed for bankruptcy, leaving several users stranded. The FTX CEO reportedly misused investors' funds. Meanwhile, several scammers have capitalized on the opportunity. They…
Fidelity Files Trademark To Offer Financial Services In The Metaverse
Fidelity Investments, an investment giant firm, has submitted trademark filings in the US to offer some Web3 products and services in the digital world. Additionally, the filing reveals that Fidelity…
Hackers Blackmail Chinese Electric Car Maker NIO For $2 Million In BTC
As businesses spend a lot of money bolstering their security, so do bad guys who use cutting-edge technology to achieve their goals. According to multiple news sources, fraudsters entered NIO…
Alaska Enact New Money Transmission Laws That Affect Digital Currencies
From January 1, 2023, an amendment would be made to regulate money transmission in Alaska, including virtual currencies. Companies whose activities are crypto-related must obtain a money transmission license from…
A Suspect’s Crypto Wallet Seed Phrase Leaked By A Police Body Camera
A new video has recently gone viral on Twitter. The video showed some police officials searching a suspect's vehicle. The officers saw some papers in the car, and one contained…