Investors sue Gemini Founders Over Earn Trust Offering
The investors have claimed that the Winklevoss twins committed fraud. Gemini Earn Trust offered returns of up to 8% to its backers. As a result of the ongoing liquidity situation…
US DOJ begin the probing of FTX hack for $400M loss
The US Department of Justice has launched an investigation into a major FTX hack during the exchange’s final days of operation. FTX reported a $400 million loss, but the prosecutors…
Russia’s Former President Predicts a Monetary Crash and a Global Shift to Crypto
Dmitry Medvedev believes that the US dollar and the euro will lose their strength, while crypto will come to prominence.Dmitry Medvedev – a Russian politician who served as President of…
Terra Classic Proposal 11168 by Key Devs Up For Voting
The plan has been the subject of continuing debate since Saturday. Edward Kim wants to bring on three full-time L1 blockchain developers.Proposal 11168, submitted by Edward Kim and Tobias “Zaradar”…
Octopus Network Announces Mass Layoff Amid Sluggish Market.
All remaining Octopus Network employees will take a 20% pay reduction.Octopus’ founder, Louis Liu, expressed pessimism about the sector as a whole. In light of the dismal state of the…
Bitcoin Mining Firm Agro Blockchain Halts Operations For 24 Hours
The corporation said that it has sought a 24-hour trading halt with the United States.The bitcoin mining company did not file for bankruptcy and is instead reorganizing.Agro Blockchain, a London-based…
Billionaire Investor Bill Miller Remains Bullish on Bitcoin.
Recent retirement didn’t stop him from making Bitcoin one of his hallmark bets. Miller likens cryptocurrencies to digital gold because of potential as a store of wealth.Even though Bitcoin has…
Bitcoin Mining Pool BTC.com Suffers Cyber Attack $700000 Stolen
The attack is just another reminder of how vulnerable prominent crypto companies can be. Cybercrimes are increasing both in numbers and sophistication. The latest to find itself on the receiving…
Defrost Finance Suffers Flash Loan Attack Losing $12 Million
Defrost v2 had been attacked by a flash loan attack.The platform eventually recognized a v1 emergency as well. Both versions of Defrost Finance, a decentralized leveraged trading platform built on…
HSBC Filed Trademark Application for Crypto-Related Services
HSBC filed Trademarks for a Wide Range of Digital Currency and Metaverse Products. Fidelity filed three trademark applications covering NFT on Dec 21. HSBC, a British multinational universal bank, has…