Judge withdraws from FTX case citing conflict of interest
Judge Ronnie Abrams steps away from prosecuting the crypto mogul Sam Bankman-Fried, as her husband had a connection with the ill-fated crypto exchange FTX. Abrams wrote in a filing that…
SBF seen ‘chilling’ in business lounge after he was bailed for $250 million
The crypto community spotted the ex-CEO of the ill-fated FTX at the JFK airport’s business lounge. Bankman-Fried was ‘relaxing’ with his laptop and other belongings before his flight to San…
Boston Fed team up with MIT to launch an open-source CBDC project
Federal Reserve Bank of Boston joins a list of banks experimenting with CBDCs, launching its Project Hamilton together with the Massachusetts Institute of Technology. MIT and the Federal Reserve Bank…
Nigeria Increases Cash Withdrawal Limit Post Feedback
The CBN has imposed a cash withdrawal limitation for corporations of $11,200.The bank acknowledged the importance of cash in helping unserved and rural regions.The Central Bank of Nigeria (CBN) has…
Using LastPass to Store Passwords? You Must Act Quickly
LastPass users are likely at risk, and it’s important to take the necessary precautions to safeguard your crypto.One of the most popular password management tools – LastPass – has recently…
OpenSea Private Auction Alarmed by NFT Scammers
The “gasless sales” function of OpenSea served as a crucial weapon for NFT hackers. Victims are required to sign a harmless contract, similar to a login signature.The largest NFT marketplace…
FTX indemnifies $12 million as security before filing for its Bankruptcy.
FTX paid its lawyers a whopping $12 million as a retainer to its Chapter 11 bankruptcy proceedings.District Judge Ronnie Abrams steps down from the FTX case.The FTX crypto exchange became…
NFT Marketplace OpenSea Bans Cuban Creators Citing U.S Sanctions
OpenSea insisted that it is only abiding with federal sanctions legislation. The U.S sanctions on Cuba are implemented through a number of different laws. OpenSea, the biggest marketplace for NFTs,…
FTX tried to Freeze Robinhood Shares as Creditors move to Scoop $450M in ROBINHOOD Stock.
Court filings show that debtors from FTX Trading Ltd. and Alameda Research want 56 million shares of Robinhood stock frozen after multiple creditors are seeking access to the funds, and…
SEC Will Crack Down on Crypto Firms That dont Comply With Its Rules ~ Chair Gensler
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has revealed that the regulator will use all available tools to bring crypto platforms into compliance with its…