December 29, 2022

Celsius wants to extend the deadline for claims as lawyer fees mount

Administrative expenses from the bankruptcy proceedings have already topped $53 million, and continued delays are chipping away at Celsius’ estate.   Bankrupt crypto lender Celsius Network […]
December 29, 2022

California regulator warns of 17 crypto websites suspected of fraud

The last time the DFPI sent out such a large batch of crypto scam alerts was in June when it sounded the alarm over 26 dubious […]
December 28, 2022

Kraken quits Japan for the second time, blaming a ‘weak crypto market’

The crypto exchange said it will deregister from Japan’s Financial Services Agency as a crypto asset exchange operator from Jan. 31.   Global cryptocurrency exchange Kraken […]
December 28, 2022

Executives from $1.5B South Korean crypto exchange fraud jailed

The latest indictment now brings the number of V Global executives behind bars to seven, with the leader serving 22 years in prison.   Six executives […]
December 28, 2022

China’s CBDC wallet resorts to ages-old tradition to boost adoption

The digital yuan wallet application uses the traditional Chinese way of donating money, which has become virtual with the growth of digital payments.   China’s digital […]
December 27, 2022

Russia’s largest bank issued gold-backed digital financial assets

The issuance became the bank’s second deal in the new asset class.   Russia’s largest bank, Sber – formerly known as Sberbank – has announced the […]
December 27, 2022

Philippine SEC warns against unlicensed crypto exchanges amid FTX collapse

The Philippine Securities and Exchange Commission has declared it illegal to offer unregistered exchanges to Filipinos.   After the height of the FTX crash, the Philippine […]
December 27, 2022

Crypto OTC trading to get traction due to FTX fiasco, exec says

The FTX crash could fuel greater demand for OTC crypto services as investors seek alternatives to crypto exchanges despite low CEX confidence.   Before the rise […]
December 26, 2022

North Korean hackers stealing NFTs using nearly 500 phishing domains

Hackers have created fraudulent websites posing as NFT marketplaces, NFT services, and even DeFi platforms.   Hackers linked to North Korea’s Lazarus group are believed to […]
December 26, 2022

Japan to lift the ban on foreign stablecoins like USDT in 2023: Report

None of the 31 crypto exchanges registered with the Japan Financial Services Agency currently offers trading in stablecoins such as USDT or USDC.   Japanese regulators […]

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