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April 19, 2024
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Bitcoin ransomware Akira drains $42M from more than 250 companies: FBI

A year-old ransomware group known as Akira has breached over 250 organizations, extracting approximately $42 million in ransomware proceeds, as per alerts from top global cybersecurity […]
April 19, 2024
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Bitcoin hodlers moved $1.7B into ‘accumulation’ wallets during the BTC dip

Hardcore Bitcoin holders demonstrated their confidence in the cryptocurrency by adding a record $1.7 billion worth of BTC to ‘accumulation’ wallet addresses in a single day, […]
April 19, 2024
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Bitcoin fees top Ethereum for 3 days in a row as halving approaches

Bitcoin transaction fees have exceeded those of Ethereum for three consecutive days as miners and traders gear up for the upcoming Bitcoin halving and the introduction […]
April 19, 2024
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Binance exec remains in jail as bail appeal fails again

A Federal High Court in Abuja, Nigeria, has once more delayed the hearing for the bail application of Binance executive Tigran Gambaryan, who remains incarcerated at […]
April 18, 2024
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Gary Gensler’s resignation ‘troll’ post disappoints Crypto X

Gary Gensler, Chair of the United States Securities and Exchange Commission (SEC), caused a stir among X users with a misleading post hinting at his resignation, […]
April 18, 2024
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Former Ethereum dev Virgil Griffith asks for resentencing in North Korea case

Former Ethereum developer Virgil Griffith, convicted in 2022 for aiding North Korea in utilizing blockchain technology, has filed a request for a reduction in his 63-month […]
April 18, 2024
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Ernst & Young taps ZK-proofs on Ethereum to automate contracts

Ernst & Young, a leading accounting firm, has introduced an Ethereum-based solution called EY OpsChain Contract Manager (OCM), leveraging zero-knowledge proofs to aid private business clients […]
April 18, 2024
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Elizabeth Warren supports enhanced U.S. sanction options for stablecoins

Senator Elizabeth Warren recently addressed Treasury Secretary Janet Yellen in a letter, echoing her concerns voiced during Deputy Treasury Secretary Wally Adeyemo’s testimony before the Senate […]
April 18, 2024
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Binance’s $1B emergency ‘SAFU’ fund now makes up 3% of UDSC supply

The world’s largest cryptocurrency exchange, Binance, has converted its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin (USDC), a stablecoin pegged to $1.00, now […]
April 18, 2024
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Yuga Labs offloads 2 NFT games amid effort to ‘unshackle’ BAYC team

Yuga Labs, the entity behind the renowned NFT collection Bored Ape Yacht Club (BAYC), has divested the intellectual property rights for two of its games, HV-MTL […]
December 18, 2023
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FTX loses $53K every hour on ‘bankruptcy fees,’ latest filings show

More than $118 million in legal and advisory fees were billed to the bankrupt crypto exchange between August and October, amounting to $1.3 million per day. […]
December 18, 2023
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SEC accused of ‘gaslighting’ in Coinbase rulemaking dispute

Pro-XRP lawyer John Deaton said that the SEC’s stance in the Coinbase rulemaking dispute directly opposes the SEC chair’s statements during his congressional testimony earlier in […]
December 14, 2023
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Philippines SEC begins Binance ban countdown

The head of the Philippines SEC clarified that Binance and any other unregistered exchange issued with an advisory has three months before they are banned from […]
December 14, 2023
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Binance, crypto firms optimistic about UAE amid potential US regulatory shift

Ghaf Capital managing partner Feras Al Sadek argued that the UAE’s “regulation by education” sets it apart from other jurisdictions.   Cryptocurrency firms in the United […]
December 13, 2023
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SEC wants Binance guilt admission added to own case

Binance said the SEC hasn’t demonstrated that the resolutions reached with the DOJ are pertinent to the regulator’s “faulty claims” against Binance Holdings and former CEO […]
December 12, 2023
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IRS tax bill will swipe creditors of any ‘meaningful recovery,’ says FTX

FTX Trading said the firm “never earned anything anywhere near the amount” that would justify a $24 billion tax bill.   The bankrupt cryptocurrency exchange FTX […]
December 11, 2023
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Crypto exchange HTX sees outflows top $258M following exploit

The Justin Sun-linked crypto exchange HTX had $258 million in outflows after a $30 million exploit in November.   Crypto investors have been withdrawing their assets […]
December 8, 2023
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Binance says decision to pull Abu Dhabi licensing bid unrelated to US settlement

Former Binance CEO Changpeng Zhao, who pleaded guilty to one felony count in the United States in November, may not be able to return to the […]
December 8, 2023
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Developers of Bitcoin sidechain MVC prepare for BRC-20 DEX launch

The MVC governance token has surged in 2023 to a fully diluted market cap of over $400 million.   The developers behind the Bitcoin side-chain MicroVisionChain […]

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