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August 23, 2023
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Chinese official sentenced to life in prison for Bitcoin mining, corruption

Xiao Yi was accused of abuse of power and corruption in operating a $329 million Bitcoin mining enterprise.   China’s uncompromising stance on illicit cryptocurrency operations […]
August 23, 2023
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BlockFi argues FTX, Three Arrows Capital aren’t entitled to repayments

BlockFi argues its creditors, not FTX’s, are the “ultimate victims” of FTX’s alleged fraud.   The insolvent cryptocurrency lender BlockFi is striving to obstruct efforts from […]
August 22, 2023
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Coin Center responds to US lawmakers’ request for crypto tax guidance

The crypto advocacy group’s suggestions included a de minimis exemption for crypto transactions and having the IRS provide guidance on block rewards, airdrops and hard forks. […]
August 22, 2023
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Central African Republic expands Sango project to land, resource tokenization

Asset tokenization has been in the works for a year. The ambitious project has also included investor citizenship and an island in the metaverse.   The […]
August 22, 2023
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AI unlikely to destroy jobs, but cost to certain workers may be ‘brutal’ — UN study

The International Labour Organization study says that AI will more likely augment jobs than destroy them, though certain roles could be at more risk than others. […]
August 21, 2023
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Friend.tech generates over $1M fees in 24h, surpassing Uniswap, Bitcoin networks

Launched in beta on Aug. 11, the platform allows users to tokenize their social network by buying and selling “shares” of their connections.   Recently launched […]
August 21, 2023
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China proposes to bring its social credit system to the metaverse: Report

Proposals to a United Nations group reportedly show China wants digital IDs and real-world punishments for actions that occur in the Metaverse.   According to a […]
August 21, 2023
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Bitget mandates KYC requirements in line with tightening global regulations

The exchange operator is implementing new KYC requirements for users from September 2023 to comply with developing global regulatory guidelines.   Bitget, a cryptocurrency derivatives exchange […]
August 21, 2023
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‘I give it six to eight weeks’ — Critics warn Friend​.tech hype won’t last

Most crypto industry heavyweights have been bullish about the new decentralized social media app Friend.tech, but some critics warn it’s getting too hot too quickly.   […]
July 31, 2023
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BNB Smart Chain hit with copycat Vyper attack, $73K exploited

While Ethereum-based protocols have been hit with the majority of the exploit activity, BNB Smart Chain has also seen similar copycat exploits, according to BlockSec.   […]
September 25, 2023
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Vitalik wallet sends 400 ETH worth $600K to Coinbase

A wallet associated with Ethereum co-founder Vitalik Buterin was flagged sending 400 ETH, worth around $600,000, to Coinbase.   The detection of significant Ether (ETH) transactions […]
September 25, 2023
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Terra Classic community elects to cease USTC minting

The community strongly backs stopping TerraUSD Classic (USTC) minting and reminting in favor of burning tokens to restore its U.S. dollar peg.   The community of […]
September 25, 2023
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North Korean Lazarus Group amasses over $40M in Bitcoin, data reveals

The North Korean hacking collective has at least $47 million in cryptocurrency, including Bitcoin, Ether, BNB and various stablecoins, including Binance USD.   The North Korean […]
September 25, 2023
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Mixin Network hack drains $200M from mainnet assets

Mixin Network suspended all deposits and withdrawals and will restart the services “once the vulnerabilities are confirmed and fixed.”   The decentralized peer-to-peer Mixin Network reported […]
September 25, 2023
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Miss Universe denies link with recently unveiled coin project

The Miss Universe Organization said no Miss Universe cryptocurrency or blockchain offering is involved with the Miss Universe or Miss Universe Philippines.   The Miss Universe […]
September 25, 2023
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JPEX scandal masterminds still at large as 11 suspects taken into custody: Report

Hong Kong police said the leaders of the JPEX crypto exchange are still at large and are now enlisting the help of Interpol to track them […]
September 25, 2023
FTT-crypto-exchange

FTX’s former external legal team disputes involvement in fraud allegations

In a recent court filing, a United States law firm that had previously offered services to FTX challenged allegations of assisting Sam Bankman-Fried in his alleged […]
September 25, 2023
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Crypto exchange Upbit stems fake APT token flood, resumes services

The newly created fake APT token called “ClaimAPTGift.com” made its way to 400,000 Aptos wallets, which was mistakenly recognized by crypto exchange Upbit as the real […]
September 25, 2023
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Couple mistakenly sent $10.5M by Crypto.com to face October plea hearing

Thevamanogari Manivel was sentenced to 18 months of community corrections with six months of unpaid community work, while her husband will face a plea trial in […]

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