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…
Kraken Exchange Announces Ceasing of Operations in Japan
The exchange will close its offices in Japan and remove its registration with FSA.Payward Asia Inc., a Kraken subsidiary, manages the exchange’s Japanese outlet.Kraken, a global cryptocurrency exchange, is ceasing…
US authorities charges Mango Market exploiter with fraud
United States prosecutors on Monday filed criminal charges of commodities fraud and manipulation against Avraham Eisenberg for allegedly trying to steal $110 million from Mango Markets, a DeFi protocol. While…
World’s Tallest Residential Tower Accepts Crypto Payments.
Mega project Burj Binghatti Jacob & Co tower takes off.Once completed it will become the world’s tallest residential tower. Accepts crypto as means of payments for buying apartments. The United…
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…
A Ukrainian Stole Crypto Assets From Russian Dark Web Market
The crypto donation of almost $25,000 was sent to the Ukrainian nonprofit Enjoying Life. The Ukrainian and his associates were able to access the marketplace’s “master wallet”. Reports indicate that…
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…
400 Million Twitter User Accounts Exposed.
Threat actor Ryushi claims to have accessed a database of 400m Twitter users’ private info and is offering to sell it exclusively to prevent misuse. Cybercrime intelligence firm Hudson Rock…
Japan Reportedly Plans To Allow Foreign Stablecoins Next Year.
The authority began soliciting public opinion on potential solutions. Local officials have expressed warnings about the dangers of using algorithmic stablecoins. Japanese authorities are reevaluating their stance on a number…