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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 […]
April 18, 2024
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Pi Network reaches 10M KYC’d users, but token is still not tradeable

Pi Network’s mobile app has achieved a milestone with over 10 million users completing the Know Your Customer (KYC) process, as announced on April 16. However, […]
April 18, 2024
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Omni Network token falls 55% after airdrop, fake token completely rugs

The Omni Network’s ERC-20 token OMNI experienced a sharp decline of over 55% within 18 hours of its airdrop, resulting in a significant reduction of its […]
April 18, 2024
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Mango Markets exploiter trial heads to jury

The jury has commenced deliberations regarding charges related to market manipulation and fraud stemming from an alleged $110 million exploit of the Mango Markets decentralized exchange […]
April 18, 2024
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Magic Eden passed Blur as leading NFT marketplace in March: CoinGecko

Magic Eden, a Solana-based NFT marketplace, achieved its highest monthly trading volume in March, overtaking industry leader Blur.   Magic Eden experienced a remarkable 194.4% increase […]
April 17, 2024
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Ore creator proposes rewards to tackle Solana congestion

Hardhat Chad, known for the Ore project, has suggested that the Solana Foundation introduce rewards to incentivize testnet activity amidst recent network congestion issues. He recommends […]
March 7, 2024
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Hut 8 stock crash attracts multiple lawsuits

Several law firms extend offers to represent Hut 8 investors who suffered losses on the Nasdaq amidst short-selling accusations.   On Jan. 19, Hut 8’s Bitcoin […]
March 7, 2024
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Digital Currency Group files motion to dismiss $3B NYAG lawsuit

In October 2023, the New York Attorney General’s Office (NYAG) filed a $3 billion lawsuit against crypto firms Gemini, Genesis, and DCG, accusing them of defrauding […]
March 6, 2024
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Restaking protocol EigenLayer flips Aave with $10.4B total value locked

EigenLayer, an Ethereum staking protocol, has surged past lending protocol Aave in total value locked (TVL), reaching $10.4 billion worth of crypto committed to the protocol […]
March 6, 2024
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Nexo puts recent woes behind it with Middle East license approval

Nexo, the cryptocurrency lending platform, is moving forward with its global expansion plans after receiving initial approval from Dubai’s Virtual Assets Regulatory Authority (VARA). This approval […]
March 6, 2024
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Cryptoqueen’s brother is freed after 3 years jail over OneCoin scheme: Report

Konstantin Ignatov, the brother of Ruja “Cryptoqueen” Ignatova, has been released from prison after serving 34 months for his involvement in OneCoin’s $4.4 billion fraud scheme. […]
March 6, 2024
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Coinbase asks court to reject SEC’s ‘empty chair’ securities judgment

Coinbase is actively contesting the Securities and Exchange Commission’s (SEC) classification of secondary sales of crypto assets as “securities transactions” in its legal battle. In a […]
March 5, 2024
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Judge supports SEC securities claim in default order in Coinbase insider trading case

Judge Tana Lin partially satisfies the SEC’s request for a default judgment against Sameer Ramani in the case involving former Coinbase product manager Ishan Wahi and […]
March 5, 2024
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Fantom seeks Multichain liquidation in attempt to recover $122M from exploit

The Fantom Foundation pursues legal action against the Multichain Foundation, aiming for bankruptcy declaration to recover lost funds.   Court’s Ruling and Potential Actions The High […]
March 4, 2024
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The global financial system is the ‘net new buyers’ this cycle — Chainlink founder

In a recent interview, Chainlink founder Sergey Nazarov highlighted the uniqueness of the current cryptocurrency market cycle, noting the influx of new types of investors. He […]

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