February 6, 2024

FTX, Alameda wallets move $38M to exchanges in 37 days

Crypto wallets associated with the now-defunct FTX exchange and its sister company, Alameda Research, have moved over $38.8 million in digital assets to multiple cryptocurrency exchanges […]
February 6, 2024

EigenLayer TVL rockets $1B after temporarily removing staking caps

The Ethereum-based liquid restaking protocol EigenLayer has experienced a remarkable surge in its total-value locked (TVL), increasing by $1 billion in just eight hours after temporarily […]
February 6, 2024

Bitcoin ETFs lead to record miner reserve BTC outflows

The launch of Bitcoin exchange-traded funds (ETFs) in the United States has had a direct impact on Bitcoin miners, resulting in a substantial movement of over […]
February 6, 2024

Binance offers $5M snitch bounty after RON token listing sparks ‘heated’ debate

Crypto exchange Binance has initiated a $5 million bounty program seeking information on potentially corrupt staff members after facing allegations that its crypto token listings may […]
February 6, 2024

AI-generated fake IDs claimed to pass crypto exchange KYC are selling for $15

A recently emerged service, OnlyFake, purporting to employ artificial intelligence (AI) neural networks and generators, has reportedly managed to circumvent Know Your Customer (KYC) verifications on […]
February 5, 2024

Spanish Treasury to seize crypto to pay tax debts

The Spanish Ministry of Finance is seeking to enhance its oversight of cryptocurrencies within the country to enable the seizure of digital assets for the settlement […]
February 5, 2024

S. Korea regulator to discuss spot Bitcoin ETF with SEC chief Gary Gensler

South Korea’s Financial Supervisory Service (FSS), the country’s primary financial regulator, is planning to engage with the United States Securities and Exchange Commission (SEC) to gain […]
February 5, 2024

S. Korea proposes FSC screening of crypto execs before employment

South Korea’s financial watchdog has put forward amendments that would require new executives in cryptocurrency projects to obtain regulatory approval before assuming positions in crypto companies. […]
February 5, 2024

Hacker claims to have way to ‘subpoena’ Discord, Binance, Coinbase user info

An online hacker asserts they have access to a law enforcement request account named “KodexGlobal,” which facilitates the subpoenaing of user information from various firms, including […]
February 5, 2024

Gen AI report highlights job loss concerns in entertainment

Consultancy firm CVL Economics suggests that generative artificial intelligence (Gen AI) will result in more job losses in the film and animation industry compared to other […]

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