Sam Bankman-Fried Released on a $250M Bail allowed to Stay at Parents’ House
The former FTX CEO can stay at his parents’ home in California. FTX founder Sam Bankman-Fried is to be released on bail, as ruled by a New York federal judge…
Binance Assists the DEA in Tracing Illicit Funds
Binance was used by a global drug cartel to launder millions of dollars. From $42 million in crypto, at least $16 million of which came from drug money.Binance, a major…
Firms Auditing Crypto Firms Being Watched Closely by U.S SEC
The SEC has voiced worry about investors being given a false sense of security.A number of cryptocurrency exchanges have advocated publishing evidence of reserves.Audit firms doing crypto company audits may…
Ireland has Granted Crypto Exchange Coinbase Virtual Asset Service Provider License
Coinbase has also appointed Cormac Dinan to the position of Country Director.When it comes to Ireland, Coinbase has been available since 2018.Coinbase said on Wednesday that it has received a…
Ex FTX CEO SBF Reportedly Signed U.S Extradition Papers
According to Doan Cleare, Bankman-Fried signed the extradition papers on December 20. SBF will face eight charges in an indictment brought by the U.S. Attorney. On December 20th, reports surfaced…
Metaverse Firms Has To Be Innovative If they want People to Mass Adopt it.
If 2021 was all about NFT technologies, 2022 was about the Metaverse. We’ve never had so much news, media attention, and new projects launching into the space. While interest was…
Crypto Will be the reason for the Next Financial Crisis, Says RBI Governor
Shaktikanta Das, the RBI head says, the next financial crisis will be caused by private cryptocurrencies.Das asserted that the introduction of the CBDC will aid the Indian economy.Shaktikanta Das, the…
The Open Network get Support from SafePal Wallet
SafePal hardware wallet is the first cold-storage wallet to support the TON network.The partnership intends to offer a $TON grant to encourage open-source projects. The Open Network ($TON) now gains…
Celsius Network Gets Bidders for Its Assets
Celsius has received more than 125 parties including 30 prospective bidders since September. The platform held crypto worth $2.6 billion as per a recent presentation. Celsius Network, the bankrupt crypto…
South Korean Authorities Seize $92 Million Worth Assets belonging to Do Kwon
Kernel Labs is a subsidiary of Terraform Labs. Seoul Southern District Court granted the prosecution’s plea to seize the assets.Authorities in South Korea and elsewhere continue to look for Do…