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New FTX CEO John Ray

FTX’s John Ray Weighs the Possibility of Reviving a Previously Failed Crypto Exchange

FTX, a cryptocurrency exchange, is exploring options to revive its international trading platform, FTX.com, according to CEO John J. Ray III. The exchange filed for

January 20, 2023
Crypto lender Genesis has filed for Chapter 11 bankruptcy

Genesis, a crypto lending firm, files for Chapter 11

Cryptocurrency lender Genesis has filed for Chapter 11 bankruptcy in the Southern District of New York with estimated liabilities of $1 billion to $10 billion

January 20, 2023
JPMorgan CEO Jamie Dimon

Jamie Dimon, JPMorgan CEO, Calls Bitcoin ‘a Fraud’ and ‘a Pet Rock

JPMorgan CEO Jamie Dimon has continued to express his disapproval of Bitcoin and other cryptocurrencies, comparing it to a “decentralized Ponzi scheme” and a “pet

January 19, 2023
Stargate Finance partners with Metis, a layer 2 scaling solution for cross-layer messaging

Stargate Finance integrates with Metis L2 Scaling to improve cross-layer messaging

Stargate Finance, an open-source protocol for interoperable cross-chain data, is integrating with Metis, a layer-2 scaling solution for cross-layer messaging. This integration will allow Stargate

January 19, 2023
BitKeep, a multi-chain wallet

BitKeep to Return Funds Lost in $8 Million Impostor Wallet Hack

BitKeep, a multi-chain wallet, has announced that it will issue full refunds to victims of a hacking incident that took place in December, resulting in

January 19, 2023
DEX Raydium laundered $2.7 million in ether (ETH) through the privacy tool Tornado Cash

Hackers use Tornado Cash to conceal $2.7 million in stolen funds

An Ethereum address connected to a hack of the decentralized exchange Raydium laundered $2.7 million in Ether (ETH) through the privacy tool Tornado Cash, according

January 19, 2023
Kevin O'Leary Forecasts More Crypto 'Zeroes' Ahead

Kevin O’Leary: Future of Crypto Industry Includes ‘Many More Zeroes

Kevin O’Leary, a Canadian investor and host of the TV show Shark Tank, believes that the unregulated cryptocurrency market will lead to the collapse of

January 19, 2023
Amber Group has cut its Hong Kong staff by half

Singapore-based Crypto Unicorn Amber Group Cuts Hong Kong Workforce

Singapore-based digital asset manager Amber Group has cut its Hong Kong staff by half, from 80 to 40 people, as it tries to weather the

January 19, 2023
Court documents reveal FTX executives raised concerns about client fund usage

FTX executives expressed worries about client fund usage, court papers reveal

Sam Bankman-Fried is facing allegations that he siphoned billions of dollars in customer funds and used the money for personal gain. According to authorities, the

January 18, 2023
FTX has defended its decision to retain law firm

FTX defends decision to engage Sullivan & Cromwell as advisor

FTX, a cryptocurrency exchange, has defended its decision to retain law firm Sullivan & Cromwell (S&C) as an advisor, in response to objections raised about

January 18, 2023
Coinbase

Coinbase ends Japan operations, asks customers to withdraw assets

Coinbase Global Inc, one of the largest cryptocurrency exchanges in the world, has instructed its customers in Japan to withdraw their crypto and fiat holdings

January 18, 2023
FTX.com revealed that it had lost around $415 million

FTX reveals it had lost around $415 million worth of crypto to hacks

On Tuesday, FTX.com, the bankrupt cryptocurrency exchange, revealed that it had lost around US$415 million worth of cryptocurrencies to hacks since it filed for bankruptcy

January 18, 2023
Vauld crypto lender

Vauld Given Additional Time to Propose Financial Recovery Plan

The Singaporean authorities have reportedly granted Vauld, a cryptocurrency lender, an extended period of creditor protection. According to reports, Vauld has until February 28th to

January 18, 2023
Binance and Huobi Collaborate to Retrieve Funds Lost in Harmony One Hack

Binance and Huobi Take Action to Recover Funds Stolen in Harmony One Attack

Security teams at crypto exchanges Binance and Huobi have successfully frozen and recovered 121 Bitcoin (BTC) from the hackers behind the Harmony bridge exploit. The

January 16, 2023
Grayscale Investment replied to the US SEC

Grayscale Responds to SEC’s GBTC Proposal as Company Seeks Approval

Grayscale, a leading crypto investment firm, has submitted a response to the US Securities and Exchange Commission (SEC) in regards to the latter’s opposition of

January 16, 2023
Hong Kong approved list of crypto regulations

Hong Kong Regulator Publishes List of Approved Crypto Assets for Trading

Hong Kong’s Securities and Futures Commission (SFC) is preparing a list of crypto assets that will be open to retail traders, according to a report

January 16, 2023
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