NFT influencer Zeneca’s account was hacked in a phishing scam The hacker posted a fake airdrop message to trick users into connecting their wallets with the malicious link The impact…
Summary: Ripple’s General Counsel, Stuart Alderoty, has pointed out that no country, including the United States, has determined that XRP is a security. Mr. Alderoty was responding to comments by…
In brief: Judge Kathaleen McCormick, who is handling the Twitter lawsuit against Elon Musk, has set an October hearing for the case. Elon Musk, through his lawyers, had sought to…
In brief: The team at Grayscale has forecasted that Bitcoin could see another five to six months of downward or sideways price movement. The Grayscale team cites the traditional 4-year…
Summary: Bitcoin proponent Mike Novogratz reaffirmed his infamous “$500K in 5 years” prediction during the Bloomberg Crypto Summit. Novogratz made similar remarks back in March a few weeks before the…
Summary: Major exchange Crypto.com has won a license to operate virtual asset services in Italy. The approval was granted by the Organismo Agenti e Mediatori (OAM), Italy’s top financial watchdog.…
Creditors participated in a liquidator meeting on July 18. One attendee posted information from the meeting, saying that the claims were as much as $2.8 billion. The claims may very…
Celsius’s debut bankruptcy hearing introduces alternatives for users to retrieve their funds back. The firm plans to make use of Bitcoin mining operations and third-party asset sales to accumulate funds…
Summary: Gemini exchange has allegedly laid off 7% of its staff, with potentially more on the way. The crypto exchange is laying off staff due to ‘extreme cost-cutting.’ This marks…
Summary: Genesis Trading allegedly lent Three Arrows Capital $2.36 billion. Estimates had earlier put Genesis Trading’s losses due to exposure to Three Arrows Capital in the ‘hundreds of millions.’ Three…
Summary: Bitcoin has gained value from roughly $21.3k during the weekly close to a local high of $22.5k. Bitcoin is trading directly below the critical 200-week moving average, which has…
Summary: Three Arrows Capital co-founder Su Zhu is supposedly among the 3AC creditors. Zhu has filed a claim worth $5 million against the very same company that he founded alongside…
Summary: Binance was fined by the Dutch Central Bank on Monday for not registering its operations with the regulator. The fine imposed is in the amount of €3.3 million, roughly…
Coinbase has received approval from Italian authorities to continue operations. The exchange has been keen on meeting regulatory requirements in different jurisdictions. Other exchanges are also focused on meeting the…
Summary: Three Arrows Capital liquidators have a meeting set for July 18, 2022. This is the first time 3AC creditors are scheduled to meet and discuss proceedings. Teneo Restructuring will…
