FTX Founder SBF Seeks Partial Jail Release for Defense Preparation
Lawyers for SBF wrote to US District Judge Lewis Kaplan on Friday. The prosecution has indicated that they can provide SBF with data on removable media.FTX founder Sam Bankman-Fried (SBF)…
Optimism-Based Exactly Protocol Hacked: Over $12M in Ether Drained.
The specifics of the exploit have not been disclosed by the DeFi project. Optimism network-based decentralized credit market Exactly Protocol became the target of exploitation on August 18th. The breach…
BNB Chain Exploiter Loses $63M on Venus Protocol to Liquidation Amid Market Crash.
The mass liquidation was contained by the proposal passed by Venus and BNB Chain after the hack last year.A crypto wallet connected to the October 2022 BNB Chain $600 million…
Australian Regulator Sentences Crypto Lender Helio for False License Claims
The crypto lending platform pleaded guilty to ASIC’s charges, and the regulator considered the plea during sentencing.The Australian Securities and Investment Commission (ASIC) has sentenced Melbourne-based cryptocurrency lending firm Helio…
Algorand (ALGO) Price Plummets to New All-time Low
The token’s value, however, hit a fresh record low of $0.0905 yesterday. According to CMC, ALGO is now trading at $0.09638 and is up 1.20% in the last 24 hours.Algorand…
SEC Appeals Against Ripple Ruling, Insists XRP Is A Security.
A motion to seek an interlocutory appeal in XRP ruling. Ripple CEO strongly upholds that “the law of the land right now is that XRP is not a security”The US…
Crypto Whale Saves Millions Selling Ethereum Before Market Drop.
At the time of writing, ETH is trading at $1659, down 4.69% in the last 24 hours.The whale however lost around $1.7M but could have lost more than $5 million.A…
Why Did Bitcoin (BTC) Fall Below $26K After June?
Bitcoin price drops closer to the $26,000 margin, marking its 2-month low. BTC is locked in the greed zone, as the Fear and Greed Index points at 37. The act…
SEC Approved for Joint US-South Korea Probe of Terraform Labs
The SEC is attempting to collect evidence from Daniel Shin and papers from Chai Corp.Do Kwon is now serving a four-month term in Montenegro for using a forged passport.A US…
XRP and LTC Now the Top Losers with Decline of 17%
XRP hit a 4-month low of $0.4226 with a decline of over 17.30%.Litecoin experienced a decline of more than 15% in the last 24 hours.The trillion-dollar crypto market witnesses yet…