Brazil Empowers Law Enforcement with Crypto Confiscation Powers
The Brazilian Federal Public Ministry (MPF) has drafted a guide for law enforcement and prosecutors to confiscate cryptocurrency. The draft guide was presented to the
Article written by Brian Andrew
Judge Weighs Approval of FTX Bankruptcy Investigation
A U.S. bankruptcy judge is considering the approval of an independent investigation into the FTX collapse, a high-profile bankruptcy case from last year. FTX initially
North Korea Behind 45% of 2022 Crypto Theft Worth $3.8 Billion: Chainalysis
A report from Chainalysis showed that over $3.8 billion was stolen from the crypto market in 2022, with 45% of the losses traced to North
South Korea Prepares for Cryptocurrency Legalization with New Guidelines
South Korea, one of the world’s largest cryptocurrency markets, has taken a significant step towards regulating the digital asset sector. The country’s Financial Services Commission
FTX Tells Users to Watch Out for Fraudsters Peddling False Asset Reimbursement
The recent spate of third-party scams and frauds targeting customers of the embattled crypto exchange FTX has caused alarm among the company’s creditors and customers.
Australia Implements Multi-Level Strategy Against Crypto Fraud
The Australian government is expanding its digital asset team at the market regulator, ASIC, to protect consumers using cryptocurrencies. This multi-stage approach includes stronger enforcement,
U.S. Bittrex exchange lays off 83 workers
Bittrex, a Seattle-based cryptocurrency exchange, has laid off 83 employees, according to the U.S. Employment Security Department’s layoff alert. The company, which had 284 employees
Voyager Digital’s Victims Urge Trustee to Take Charge of Estate
A creditor and finance lawyer, Michelle DiVita, has requested a Chapter 11 trustee be appointed in the bankruptcy trial of crypto brokerage Voyager Digital. The
Suzhou Joins Race to Become China’s Metaverse Hub
Suzhou, a city in China, has unveiled its plan to become a hub for metaverse development and innovation. The city hopes to attract over 200
FTX Debtors Move to Subpoena Sam Bankman-Fried’s Key Associates
A motion has been filed in the US Bankruptcy Court for the District of Delaware to obtain information from Gabriel Bankman-Fried and Barbara Fried, the
UK Cracks Down on Crypto After FTX Incident
The UK government has outlined plans to regulate the cryptocurrency industry, focusing on consumer protection and controlling financial intermediaries and custodians who store crypto assets
Zhejiang Testing Ethereum Staking Withdrawal for Shanghai Launch
The Zhejiang public testnet for Ethereum staking withdrawal is launching on February 1 at 15.00 UTC. The testnet will give users a first look at
BankProv No Longer Accepting Crypto Mining Machines as Collateral
BankProv, a crypto-friendly bank, has ended its loan offerings collateralized by crypto mining machines as its portfolio of digital-asset loans declined by 50% in Q4
Pro Fortnite Player Mongraal Tops Dookey Dash Leaderboards in Bored Ape NFT Game
Fortnite player Mongraal set a high score on Bored Ape Yacht Club’s game Dookey Dash, potentially introducing the Fortnite community to NFTs and crypto gaming.
Court Ruling Demands Identification of Sam Bankman-Fried’s Bail Backers
A US federal judge has ruled in favor of several news organizations seeking to reveal the identities of two co-signers of FTX founder Sam Bankman-Fried’s
UK Regulator Probes Bankman-Fried’s Charitable Group
The UK Charity Commission is investigating the Effective Ventures Foundation, which is backed by Sam Bankman-Fried, founder of the now-bankrupt crypto exchange FTX. The inquiry