News
Bahamian attorneys pursue access to FTX data of international customers
The Bahamian attorneys filed an emergency motion with a Delaware bankruptcy judge requesting access to FTX’s customer database to aid their ongoing investigations. Authorities across the globe are fighting against time to bring justice to the millions of people...
Approach with caution: US banking regulator’s crypto warning
The Office of the Comptroller of the Currency (OCC) said the digital asset industry was maturing but was “not yet robust” in its risk management. A United States banking industry regulator warned banks of the “emerging risks” of cryptocurrencies saying the sector...
Crypto lender Genesis has no solution yet for withdrawal halts
Genesis said it will take additional weeks to carve out a recovery path for its lending business. Crypto lending platform Genesis has informed its customers that its withdrawal freeze is likely to last “additional weeks” amid efforts to stave off a potential...
Blockstream raising funds for mining at 70% lower company valuation
CEO Adam Back said the fresh funding will be invested into expanding the firm’s mining capacity. The depths of a bear market may not be the best time to raise funds but that is exactly what Blockstream is doing.The crypto infrastructure firm is seeking fresh funding,...
Rumors of a new native ‘Twitter Coin’ emerge while Dogecoiners remain hopeful
Online tech sleuths claim to have uncovered a secret new project on Twitter, which is being referred to as "Twitter Coin." Social media users are swirling around rumors that Twitter is looking at introducing its own native asset called “Twitter Coin” to be used for...
Novogratz’s Galaxy Digital to acquire Celsius’ GK8 in bankruptcy garage sale
The self-custody platform was acquired by Celsius in 2021 for $115 million and is now set to change hands, pending approvals. Mike Novogratz-led investment firm Galaxy Digital Holdings has won the bidding to buy GK8, an institutional digital asset self-custody...
Mysterious Bitcoin miner shows off oldest signature dated Jan. 2009
Answering the question 'Who has/had the oldest mined Bitcoin?' an anonymous member shared a signature dating back to January 2009, just a week after Bitcoin came into existence. Online forums are integral to the Bitcoin origin story, where Satoshi Nakamoto and early...
FTX US ex-president reportedly seeks $6M funding to launch crypto startup
The ex-president of FTX US, Brett Harrison, is reportedly planning to launch a start-up that would build crypto trading software for big investors. Just a month after the controversial fall of Sam Bankman-Fried’s FTX exchange and 130 affiliated companies, a former...
Front-running scams rampant on YouTube with 500% surge in 2022: CertiK
The scam lures victims to download fake front-running bot software that swipes their assets once they try to initiate a transaction. Front-running scam bots are significantly gaining traction on YouTube, with the number of dubious videos increasing six-fold in 2022...
Crypto trading firm Auros Global misses DeFi payment due to FTX contagion
Auros is an algorithmic trading and market-making firm that provides liquidity for exchanges and token projects. Crypto trading firm Auros Global appears to be suffering from FTX contagion after missing a principal repayment on a 2,400 Wrapped Ether (wETH)...