Bahamas confiscates $3.5 Billion From FTX
Bahamian regulators say the assets are held in custody for safekeeping, with the intent of returning them to defrauded investors as the courts see fit. While Sam Bankman-Fried awaits his…
Bankrupt Crypto Lender Celsius Seeks Deadline Extension
The bar date is currently slated for January 3rd.Cryptocurrency lender Celsius Network said it is preparing to file a motion requesting a deadline extension for users to submit their claims…
Co-founder of BitMEX Criticizes Solana as Prices crashed
Year-to-date, the price of Solana has plummeted by more than 94%. Since FTX’s demise, the struggle for Solana blockchain has intensified.The total market worth of all cryptocurrencies has fallen below…
Kraken to Exit Japanese Market for Second Time
The decision is part of Kraken’s efforts to “prioritize resources” and investments.Kraken announced plans to shut operations in Japan again, citing a weak global crypto market as well as market…
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…
North Korean Hacking Group Steals Millions Posing as Japanese VCs And Banks
North Korean group BlueNoroff has find a new way to hack into your crypto wallets. Now it resembles banks and Japanese VC firms. This December 27, Kaspersky Lab announced that…
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”…
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…
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…