Galaxy Digital has reported a net loss of $1 billion for 2022. The loss was attributed to unrealized losses on the firm’s principal investment portfolios. The crypto investment firm posted…
Binance’s BUSD stablecoin has suffered nearly $500 million in outflows over the past 24 hours. The significant outflow came after the U.S. CFTC filed a lawsuit against the crypto exchange…
Summary: Ethereum core developer Tim Beiko confirmed that the anticipated Shapella upgrade will happen on April 12. The Shanghai-Capella update on the mainnet will enable the withdraw function for staked…
Summary: U.S. prosecutors indicted disgraced FTX Founder Sam Bankman-Fried on bribery charges, Reuters reported Tuesday. Court documents alleged that SBF paid Chinese officials $40 million to unfreeze Alameda Research accounts…
DeFi exchange dYdX has announced the launch of its private testnet on Cosmos. The testnet marks the DeFi crypto exchange’s transition to a completely decentralized model. Native token DYDX has…
First Citizens Bank has struck a deal with the FDIC to acquire the deposits and loans of Silicon Valley Bank. First Citizens will take over $72 billion of SVB’s debt,…
Summary: MicroStrategy bolstered its Bitcoin bag with a 6,455 BTC purchase worth around 150 million at today’s prices. Former CEO Michael Saylor noted that the company also repaid its $205…
Binance suffered a technical issue which affected spot trading on the trading platform earlier today. The crypto exchange suspended deposits and withdrawals, citing standard operating procedure. The issue was resolved…
Nasdaq expects to launch its crypto custody services by the end of the second quarter. The exchange operator is setting up the technical infrastructure and getting regulatory approvals for the…
Summary: Terraform Labs founder Do Kwon stood before a Podgorica Basic Court on Friday to answer for forgery charges after his arrest. The wanted crypto mogul was arrested with fake…
Summary: On Friday, Matter Labs launched zkSync Era for users, beating other zero-knowledge developers like Polygon to the punch. The project already opened its so-called “first ZK Ethereum Virtual Machine-compatible”…
The team at yPredict.ai has made a significant breakthrough by developing a cutting-edge payment gateway for purchasing their tokens in the presale and public sale stages. This innovative solution aims…
Texas’ Bitcoin mining industry has shown growth amid turmoil in the crypto industry and concerns over power consumption. Power consumption of Bitcoin miners in the state has risen 75% over…
Terraform Labs founder Do Kwon has reportedly been arrested in Montenegro. The country’s Minister of Interior announced Kwon’s arrest on Twitter. The fugitive founder was detained at Podgorica airport for…
Summary: The Interior Minister of Montenegro Filip Adzic tweeted that a person suspected to be Terraform Labs CEO Do Kwon was arrested in Podgorica on Thursday. Fugitive Do Kwon was…
