Working for Sam Bankman-Fried: A Former Alameda Colleague’s Inside Story
A former engineer at Alameda Research, a crypto trading firm co-founded by Sam Bankman-Fried, has provided a glimpse into what it was like to work Go to Source
Bitstamp Ends Ether Staking for US Customers Amid Regulatory Scrutiny
Bitstamp said it will discontinue its ether staking program for customers in the US in response to ”regulatory dynamics.” The move by the cryptocurrency exchange, Go to Source
Former New Jersey Corrections Officer Charged with ‘Brazen’ Crypto Fraud Schemes
John DeSalvo, a former New Jersey corrections officer, was charged by the Securities and Exchange Commission with devising two ”brazen” crypto fraud schemes that targeted Go to Source
Thailand Awaits $300 Crypto Airdrop Pledged By New Prime Minister
Thailand is waiting to see whether newly elected Prime Minister Srettha Thavisin will make good on a campaign promise to airdrop about $300 worth of Go to Source
DEA gets duped: Agency loses $55K in address poisoning scam
The DEA, the country’s lead drug enforcement agency, is yet to find those responsible for the attack but has enlisted the help of the FBI. The United States Drug Enforcement…
PEPE plunges 15% as strange token movements spark fears of rug pull
The price of Pepe has plummeted 15% after developers sent nearly 4% of the memecoin’s total supply to exchanges without warning. The price of the frog-themed memecoin Pepe (PEPE) has…
ARK Invest, 21Shares join queue to offer Ethereum futures ETF
The co-filing comes just a week after reports emerged that the SEC is likely to greenlight Ethereum ETF applications. Investment firms ARK Invest and 21Shares have teamed up to apply…
Bitcoin miner gets life in prison, China offers bounties for crypto firms: Asia Express
Retail crypto trading is only days away in Hong Kong, but a mainland crackdown sees bounties offered for crypto firms and miners imprisoned. Our weekly roundup of news from East…
Coinbase In Talks With Canadian Banks To Rally Support For Crypto
Coinbase is reportedly holding talks with some of the largest financial institutions in Canada. The exchange is trying to gather support for Canada’s crypto market following its official entry into…
Num Finance launches Colombian peso stablecoin on Polygon
Num Finance received $1.5 million in a pre-seed funding round in May and is now issuing stablecoins in the local currencies of Argentina, Peru and Colombia. Argentina-based Num Finance has…
Multichain wallet Exodus posts $12.4M revenue, $1.9M net income in Q2
In the quarter ended June 30, Exodus’ revenue declined by 4% year-over-year, but its results were boosted by 6% cost reductions. Multichain wallet Exodus has released its financial results for…
Bitcoin options data points to an interesting outcome after this week’s $1.9B expiry
A flurry of macro and crypto-specific factors is expected to impact this week’s $1.9 billion Bitcoin options expiry. The upcoming $1.9 billion Bitcoin monthly options expiry on Aug. 25 is…
Prime Trust parent company lost $8M investing in TerraUSD
Prime Core Technologies said that “under prior management” it had lost $6 million in user funds and $2 million in treasury funds through investments in the algorithmic stablecoin. The parent…
Vessel Capital secures $55M to invest in Web3 infrastructure: Report
The venture firm has introduced its crypto fund for Web3 infrastructure and applications, promising a collaborative approach with startup founders. Venture capital firm Vessel Capital has announced a $55 million…
Meta launches community-licensed AI coding tool to the public
Code Llama is available for both personal and business use under the Llama2 community license agreement. Meta AI announced the launch of ‘Code Llama,’ a community-licensed artificial intelligence (AI) coding…