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August 24, 2023
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Cypher announces recovery plan, says it will ‘socialize’ losses in initial stage

Cypher announced that losses from its exploit will be distributed among users in an initial stage, then compensated through protocol revenue when the platform relaunches.   […]
August 24, 2023
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Crypto entrepreneur faces potential prosecution in Israel related to $290M scam: Report

The police force of Israel reportedly recommended to prosecutors that Moshe Hogeg be charged with fraud, theft, and money laundering and sex crimes.   Israeli entrepreneur […]
August 24, 2023
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‘The race is on’ for AI: Nvidia CEO bullish as Q2 revenue crushes estimates

Nvidia shares soared nearly 10% in after-hours trading, as the company beat Wall Street analyst expectations by more than $2 billion.   Shares of chip-making giant […]
August 23, 2023
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Crypto amplified financial risks in emerging markets: BIS papers

The central banks of the United States, Canada, Mexico and Brazil have pointed out the risks of crypto but warned against excessively prohibitive laws.   The […]
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 […]
September 28, 2023
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Former CEO of sham crypto miner IcomTech pleads guilty to wire fraud for Ponzi scheme

Former IcomTech head Marco Ochoa is the latest crypto fraudster to face charges.   Marco Ochoa entered a guilty plea for a single count of conspiracy […]
September 28, 2023
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Crypto exchange Kraken plans move into US stock trading: Report

The firm reportedly acquired a broker-dealer license from the U.S. Financial Industry Regulatory Authority as part of the expansion plan.   Kraken, a notable cryptocurrency exchange, […]
September 28, 2023
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ChatGPT can now browse the internet, no longer limited to info from 2021

The browsing update is limited to Plus and Enterprise subscribers for now but will roll out to all users “soon,” says OpenAI.   I’m afraid there […]
September 27, 2023
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Circle launches native euro stablecoin on Stellar

The EURC stablecoin (formerly EUROC) is now available on Stellar in addition to Ethereum and Avalanche.   Circle, a stablecoin issuer, has introduced a Stellar-based iteration […]
September 27, 2023
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Bitwise amends spot Bitcoin ETF application with new, detailed argumentation

The amendments tackle arguments made by the SEC against the use of the CME BTC futures market for surveillance sharing.   Bitwise Asset Management has submitted […]
September 27, 2023
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Bitcoin Ordinals haven’t wrestled blockspace from money TXs: Glassnode

Inscriptions have been acting more as a “packing filler,” stuffed into any remaining space once higher-value monetary transfers are packed into blocks, said the firm.   […]
September 26, 2023
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SEC raises concerns over Coinbase in objection to Celsius restructuring plan

The United States Securities and Exchange Commission (SEC) has registered an objection to the reorganization plan of Celsius Network, citing concerns related to its own ongoing […]
September 26, 2023
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MicroStrategy buys $147M worth of Bitcoin, now holds 158K BTC

MicroStrategy bought the latest Bitcoin stash at an average price of $27,053 per coin, or 9% lower than the average purchase price of its entire BTC […]
September 26, 2023
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MetaMask ‘glitch’ caused opBNB recommended fees to be too high

According to BNB Smart Chain, MetaMask was averaging recommended fees from multiple networks, causing opBNB recommended fees to be too high.   The BNB Smart Chain […]

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