News
Custodia Bank CEO slams Washington’s ‘misguided crackdown’ on crypto
Caitlin Long revealed that she had warned government agencies of major “fraud” in the crypto space months before several firms went bankrupt. The CEO of Custodia Bank Caitlin Long has slammed regulators and lawmakers in Washington D.C. for their “misguided crackdown”...
California regulator launches complaint-based crypto scam tracker
The regulator receives thousands of consumer and investor complaints about possible crypto scams each year, and it appears it’s done something with the information. The California Department of Financial Protection and Innovation has launched a new crypto scam tracker...
Ex-Stanford dean says SBF’s parents helped his family battle cancer
One of the previously undisclosed guarantors of Sam Bankman-Fried’s bond told Cointelegraph why he helped out the former FTX CEO. The former dean of Stanford Law School who co-signed Sam Bankman-Fried’s bail said he considered Bankman-Fried’s parents “the truest of...
Binance and Huobi freeze $1.4M in crypto linked to North Korean hackers
The North Korean-based hacker outfit Lazarus Group resorted to different privacy mixers attempting to anonymize the stolen funds, but it didn’t work. Cryptocurrency exchanges Binance and Huobi have again frozen accounts linked to the $100 million Harmony Horizon...
Binance withdrawals and BUSD redemptions surge post Paxos crackdown
Net outflows at the cryptocurrency exchange hit $788 million over the last 24 hours, however, Binance told Cointelegraph that "Funds are SAFU." Cryptocurrency exchange Binance has seen a surge of withdrawals over the last 24 hours as investors appear to be spooked...
Wormhole hacker moves another $46M of stolen funds
The Wormhole exploiter appears to be seeking arbitrage opportunities with Ethereum-pegged assets. The ill-gotten crypto from one of the industry’s largest exploits is on the move again, with on-chain data showing another $46 million of stolen funds has just shifted...
El Salvador’s ‘limited’ use of Bitcoin prevents forecasted risks, says IMF
The IMF has suggested that El Salvador “reconsider” its plans for Bitcoin, following a recent visit to the country. El Salvador has been advised by the global monetary watchdog to exercise caution in expanding government exposure to Bitcoin (BTC) due to the...
Kazakhstan to mandate 75% revenue sale from crypto mining for tax purposes
A new law signed by Kazakh President Kassym-Jomart Tokayev on Feb. 6 reinstated the nation’s stand against the unlawful mining operations and issuance of crypto assets. Kazakhstan, one of the biggest Bitcoin (BTC) mining hubs in the world, announced plans to introduce...
Nifty News: Find love in Paris Hilton’s metaverse, BTC CryptoPunks soar and more
The “Parisland” metaverse experience will launch in time for Valentine's Day to give budding lovebugs a space to meet, at least virtually. Swiping right in the metaverseFamous New York socialite, Paris Hilton thinks the Metaverse may be the perfect place to find one’s...
US banking giant BNY Mellon says digital assets are ‘here to stay’
Despite most of the cryptocurrency market being down 60% from all time highs, Demissie said the digital asset industry is “here to stay.” Michael Demissie, the head of digital assets at Bank of New York Mellon (BNY Mellon) is adamant that the cryptocurrency market...