Summary: The move was suggested by U.S. Trustee Andrew Vara and supported by a host of regulators at the State level. FTX bankruptcy CEO John Ray III and the Official…
Summary: The South Korean watchdog updated what assets are considered securities and clarified the regulations governing such tokens. Regulators said the Capital Markets Act would oversee certain types of cryptos…
CFTC Chairman Rostin Benham expects 2023 to be a strong year of crypto enforcement actions. The commodities regulator plans to grow its enforcement team with a budget increase. Benham plans…
The NYDIG has agreed to settle a debt of $38.6 million owed by Core Scientific Inc. The crypto mining firm will send 27,403 crypto mining rigs to NYDIG as part…
Summary: Russia’s largest bank said the Ethereum-based platform will launch for open testing in March ahead of the main launch in May. The system will begin facilitating commercial operations at…
Summary: The company told Zanmai to withdraw all funds and assets in Binance wallets used for WazirX operations on February 3, 2023, no later than 11:59 PM UTC. An official…
The fraud unit of the Department of Justice has launched a probe into Silvergate Bank. The prosecutors are looking into the bank’s dealings with FTX and Alameda Research. The bank…
The Squiggles NFT project has become the subject of a federal grand jury probe. The project’s founders are reportedly being investigated for wire fraud and money laundering. Squiggles came under…
Summary: The average number of 56 industry experts expect ETH to hit finish 2023 above $2,000 and hit $6,000 by 2025. Finder’s panelists also opined that Ethereum could flippen Bitcoin…
Summary: South Korean prosecutors arrested Bithumb’s former chairman on suspicions of embezzlement and fraud, CoinDesk reported. Kang Jong-Hyun is under investigation along with two other company executives. The local offices…
Cathie Wood’s Ark Invest recently released its Big Ideas report. The report delved into various aspects of public blockchains and digital wallets, among other things. The asset manager believes that…
Crypto bridge Wormhole has won the governance vote to become Uniswap’s designated bridge to BNB Chain. Wormhole beat fellow bridges Layerzero and deBridge to become the DEX’s bridge provider. Community…
Too many dramas in the crypto market seemed to take the shine off the promising aspects over the past few months. Many projects have been putting their efforts into strengthening…
The court-appointed independent examiner for Celsius’ bankruptcy case filed the final report earlier today. The report found that the bankrupt crypto lender used customer deposits to fund withdrawals on multiple…
Summary: The trading company founded by Sam Bankman-Fried hopes to recover repaid loans from bankrupt Voyager Digital. FTX lawyers filed the lawsuit on behalf of Alameda to recover around $445.6…
