News
SBF met with Biden’s senior advisors 2 months before FTX collapse: Report
The FTX founder met with senior White House officials at least four times in 2022. Former FTX CEO Sam Bankman-Fried met with government officials at the White House on at least four separate occasions in 2022, and reportedly a meeting just two months before the fall...
MicroStrategy to offer Bitcoin Lightning solutions in 2023
MicroStrategy’s Lightning Network solutions include Satoshi-powered incentives for marketing and website cybersecurity. MicroStrategy executive chairman Michael Saylor has shared his firm’s plans to release Bitcoin Lightning Network-powered software and solutions in...
Kraken quits Japan for 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, 2023. Global cryptocurrency exchange Kraken has decided to pull its operations in Japan for the second time, citing a strain on its...
SBF gets prison advice: Shave head, deepen voice and listen to rap
Martin Shkreli outlined that “Sam isn’t exactly gonna be somebody that fits into prison” and that he needs to rebrand himself to fit in and make friends. FTX founder Sam Bankman Fried (SBF) has been given some free advice on surviving federal prison from former white...
North Korean hackers stealing NFTs using nearly 500 phishing domains
The hackers created decoy websites impersonating NFT marketplaces, NFT projects and even a DeFi platform. Hackers linked to North Korea’s Lazarus Group are reportedly behind a massive phishing campaign targeting non-fungible token (NFT) investors — utilizing nearly...
Sam Bankman-Fried found ‘chilling’ in JFK airport lounge on $250M bail bond
Based on the pictures, crypto community members confirmed that SBF’s location was the Greenwich (Business Class) lounge in American Airlines’ Terminal 8. The momentary arrest of former FTX CEO Sam Bankman-Fried (SBF) can be attributed to the efforts taken by the...
Judge pulls out of SBF-FTX case citing husband’s law firm’s advisory link
Judge Abrams’ withdrawal from the FTX case eradicates any conflict of interest in the FTX case because Andres continues to serve as a partner at Davis Polk & Wardwell, a law firm that advised FTX in 2021. The ongoing legal proceedings around former FTX CEO Sam...
HK legislator’s firm to lure 1,000 Web3 start-ups over 3 years
G-Rocket is aiming to attract 1,000 Web3 start-ups to Hong Kong and will help them with banking, government services and office spaces. A start-up accelerator co-founded by Hong Kong legislative council member Jonny Ng Kit-Chong wants to attract 1,000 Web3 businesses...
California regulators order MyConstant to cease crypto-lending services
The California DFPI warned in July that it would be cracking down on crypto interest account providers in the state. The California Department of Financial Protection and Innovation (DFPI) has ordered crypto lending platform MyConstant to cease offering a number of...
How to avoid getting hooked by crypto ‘ice phishing’ scammers — CertiK
Ice phishing is a type of scam that exists only in Web3 and is a “considerable threat” to the crypto community, said the firm. Blockchain security company CertiK has reminded the crypto community to stay alert over “ice phishing” scams — a unique type of phishing scam...