Fake HitBTC Phishing Site Raked In $15 Million In Crypto
Summary: This phishing scammer has stolen funds in Bitcoin, Ether, Shib, and USDST since at least June last year. SlowMist analysis of on-chain data shows that at least $15 million…
Binance Set To Leave Canadian Market Due To Unfavorable Regulatory Landscape
Binance has announced that it will wind down its operations in Canada. The crypto exchange cited Canada’s challenging regulatory landscape for the decision to exit. Binance joins the likes of…
Coinbase Assembles Global Advisory Council Featuring US Politicians & Industry Leaders
Coinbase has established a Global Advisory Council to navigate the regulatory landscape surrounding the crypto industry. The crypto exchange has tapped former U.S. lawmakers, including a former Senator and a…
TerraUSD Creator Do Kwon Granted $437,000 Bail In Montenegro
Summary: A Basic Court in Montenegro’s capital Podgorica agreed to bail terms for Do Kwon and a second Terra executive identified as Han Chang-joon. Kwon will be released after paying…
Binance US Seeks To Cut Changpeng Zhao’s Controlling Stake In The Exchange
Binance US and its owner Changpeng Zhao have reportedly been looking for ways to reduce his stake in the exchange. Zhao launched the crypto exchange’s American arm in 2019 and…
U.S. Helps Ukraine Identify Russian Crypto Sanctions Evaders
The U.S. Internal Revenue Service is helping Ukrainian law enforcement to pursue Russian crypto sanctions evaders. Chainalysis is collaborating with agencies from both nations to track individuals suspected of concealing…
Judge Says BlockFi Custodial Account Holders Can Be Repaid $300 Million
A bankruptcy judge has ruled in favor of returning $300 million to the custodial account holders of BlockFi. The judge denied the crypto lender’s customers from laying claim to an…
Memecoin Army Extracts Coinbase Apology After Botched Pepe Newsletter
Summary: DeleteCoinbase trended globally on Twitter following intense backlash from Memecoin Pepe holders. Pepe bulls threatening to close their Coinbase accounts trooped out in the thousands on social media. The…
Do Kwon Denies Using Fake Travel Papers At Montenegro Airport, Requests $437K Bail
Summary: Do Kwon’s lawyers asked the court to grant supervised bail conditions for both defendants – the TerraUSD founder and his colleague Han Chang-joon. Both Terraform Labs executives were arrested…
Memecoin Frenzy: Justin Sun Joins Speculative Trading, Promises To Donate Profits To Charity
Summary: Tron founder Justin Sun said he will “begin actively trading meme coins” as tokens like PEPE are all the rage at the moment. The crypto billionaire promised to donate…
Into The Next Chapter: Ethereum’s Proto-Danksharding
Following the successful Shanghai (Shapella) upgrade, Ethereum developers are moving to the next stage. The coming milestone Cancun-Deneb is part of Etherem’s sharding roadmap and is focused on one of…
Marathon Digital Subpoenaed By SEC Over Potential Securities Laws Violation
The Securities and Exchange Commission has subpoenaed Bitcoin mining firm Marathon Digital. The subpoena is in relation to an investigation into Marathon’s data center in Montana, U.S. The SEC previously…
Top Abu Dhabi Firm Bullish On Crypto And Commodities, Shorts US Equities
Summary: Abu Dhabi’s Royal Group plans to deploy more capital into the crypto industry and commodities, Bloomberg reported citing people familiar with the matter. The investment firm led by United…
3AC’s Su Zhu Answers Arthur Hayes’ Twitter Jabs With Restraining Order
Summary: Three Arrows Capital (3AC) co-founder Su Zhu was granted a restraining order from a Singapore court against BitMEX founder Arthur Hayes. Hayes claimed that Zhu and his co-founder Kyle…
Bitcoin Inscription With Ordinals Token Cache Scooped For Nearly $1 Million
Summary: A trader splurged almost $1 million buying Bitcoin Inscription #5232025 amid growing debates about congestion on the BTC network. This particular BTC Inscription holds 50,000 ORDI coins, the native…