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August 29, 2023
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DCG reaches ‘agreement in principle’ with Genesis creditors, debtors

The estimated U.S. dollar equivalent recoveries could amount to 70%–90% for Genesis creditors, should the amended plan be carried out.   Digital Currency Group (DCG), a […]
August 29, 2023
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Consumer surveys show a growing distrust of AI and firms that use it

A global consumer survey from Salesforce shows a growing distrust toward firms that use AI, while an Australian survey found most believe it creates more problems […]
August 29, 2023
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BitBoy Crypto brand will no longer include YouTuber Ben Armstrong

The crypto influencer brand had a reach of more than 3.3 million followers at the time the company announced Ben Armstrong would no longer be affiliated […]
August 28, 2023
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Ronaldinho fails to testify in crypto scam probe, faces possible arrest in Brazil

The investigation centres on the Brazilian soccer star’s company “18kRonaldinho,” which promised clients daily profits of over 2% through crypto investments.   Ronaldinho Gaúcho, the renowned […]
August 28, 2023
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OnlyFans’ parent company bought $20M of Ethereum as revenue surged

Fenix International, the parent company of OnlyFans, purchased the cryptocurrency between 2021 and 2022.   Fenix International, the parent company of the subscription platform OnlyFans, has […]
August 28, 2023
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Laos halts electricity supply to crypto mining projects amid drought

The drought that the country experienced in the first half of 2023 resulted in higher electricity demand and lower power generation capabilities from hydropower plants.   […]
August 28, 2023
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Indian PM Modi calls for global cryptocurrency framework at G20 Summit

India has advocated for a global crypto framework for years despite its own crypto ecosystem still lacking a clear regulatory framework and simpler taxation.   Indian […]
August 28, 2023
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Friend.tech pronounced ‘dead’ after activity and fees tank

Buyers, sellers, inflows and transactions have all taken significant dives on the Friend.tech platform after its launch just over two weeks ago, prompting some critics to […]
August 28, 2023
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Bitcoin revenue per terahash nears record lows as hashrate soars

As the Bitcoin network hash rate tops 414 EH/s, miners are struggling to stay afloat amid plummeting profitability.   Fenix International, the parent company of OnlyFans, […]
August 28, 2023
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Balancer exploited in nearly $900k after vulnerability warning

DeFi protocol Balancer was exploited just a few days after disclosing a vulnerability affecting its boosted pools.   Balancer, the decentralized finance (DeFi) protocol and Ethereum […]
October 5, 2023
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Cocoa broker testifies to Bitcoin holdings on FTX in Sam Bankman-Fried trial

London-based cocoa broker Marc-Antoine Julliard responded to questions from prosecutors on crypto he held on FTX in November 2022.   In an unfolding courtroom drama, prosecutors […]
October 5, 2023
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Central banks will face unfamiliar challenges to achieve CBDC inclusivity, study says

The potential is there, but the difficulties in achieving financial inclusivity are often underestimated, a Bank of Canada study shows.   In the pursuit of establishing […]
October 4, 2023
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Binance to shut down BUSD lending by October 25

The move is part of a phased termination of BUSD support by February 2024.   Binance, a leading cryptocurrency exchange, will terminate borrowing and lending services […]
October 4, 2023
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As trial begins, Sam Bankman-Fried’s lawyers push to exclude testimony from FTX users

Sam Bankman-Fried’s legal team has requested the court block certain witnesses offering testimony on how they thought FTX would protect their assets.   Former FTX CEO, […]
October 4, 2023
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Alex Mashinsky’s jury trial scheduled for September 2024

According to a New York court, the former Celsius CEO will remain free on $40 million bail through the legal proceedings.   The legal challenges facing […]
October 3, 2023
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Digital identity in crypto: A conversation with XGo ID and ENS

More convenient identity layer solutions and bringing more crypto non-natives into the industry — here are the key takeaways from the X Space with XGo and […]
October 3, 2023
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Crypto liquidity provider GSR receives regulatory approval in Singapore

The license allows GSR to provide crypto and fiat-related services to Singaporean residents and entities.   The Singaporean subsidiary of cryptocurrency trading firm and liquidity provider […]
October 3, 2023
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Book describes Sam Bankman-Fried with little attention span or respect for appointments

The former FTX CEO was reportedly invited by Vogue editor-in-chief Anna Wintour to be her special guest at the Met Gala, only to cancel at the […]
September 29, 2023
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Valkyrie will offer exposure to Ether futures as SEC delays spot Bitcoin ETF

Some analysts have speculated the SEC will announce decisions or delays on crypto exchange-traded funds before Sept. 30 in anticipation of a U.S. government shutdown.   […]

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