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Get the inside scoop on the latest developments, trends, and industry insights to stay up–to–date on the ever–evolving crypto landscape.

FTX’s bankruptcy proceedings have seen lawyers

FTX advisors under fire for $103M Q1 fees billed to bankrupt firm

FTX’s bankruptcy proceedings have seen lawyers and consulting firms bill a whopping $103 million in the first quarter. A total of five firms have invoiced

May 3, 2023
FBI and Ukraine coordinate operation to seize 9 cryptocurrency exchange domains over money laundering allegations

FBI and Ukraine collaborate to take down 9 crypto exchanges on money laundering charges

The United States Federal Bureau of Investigation (FBI) and Ukrainian law enforcement have seized the domains of nine digital currency exchanges allegedly aiding cybercriminals in

May 3, 2023
The Biden administration has proposed a tax on cryptocurrency miners

Biden administration targets crypto miners with proposed 30% electricity tax hike

The Biden administration has proposed a tax on cryptocurrency miners, aiming to charge them 30% of the cost of the power they consume due to

May 3, 2023
BitFlyer USA Hit with $1.2M Fine by NYDFS for Inadequate Cybersecurity Controls

BitFlyer USA Penalized $1.2M by NYDFS for Non-Compliance with Cybersecurity Regulations

BitFlyer USA, a cryptocurrency exchange, has been fined $1.2 million by the New York State Department of Financial Services (NYDFS) for failing to meet the

May 3, 2023
MicroStrategy has remained bullish on Bitcoin

MicroStrategy Stands Firm on Bitcoin Investment, Doubles Down Despite Fluctuations in Market Conditions

In recent times, the value of cryptocurrency has been highly volatile, with many companies and investors expressing doubts about its long-term stability. However, MicroStrategy, a

May 3, 2023
Law enforcement arrest 288 dark web vendors, confiscate $55M

Dark web vendors caught: Police arrest almost 300 and seize $55M in crypto and cash

Europol and nine countries have successfully taken down the notorious dark web marketplace, Monopoly Market, in a coordinated operation codenamed SpecTor. The operation led to

May 2, 2023
Phantom Wallet broadens horizons with Ethereum and Polygon integration

Phantom adds Ethereum and Polygon support to its Solana wallet

Phantom, the popular self-custodial wallet, has announced the simultaneous support for Ethereum and Polygon networks on its mobile app and browser wallets. This allows users

May 2, 2023
Interoperability protocol Axelar has enabled Sommelier

Axelar protocol connects Sommelier DeFi vaults to Arbitrum Layer 2 network

Interoperability protocol Axelar has enabled Sommelier, a yield optimization protocol on Cosmos, to become a cross-chain application by connecting it with Ethereum Layer 2 network

May 2, 2023
Coinbase in Hot Water Over Biometric Data Collection: Lawsuit Filed for Privacy Violations

Coinbase Accused of Collecting Biometric Data Without Consent, Faces Lawsuit

A proposed class-action lawsuit has been filed against Coinbase for violating Illinois’ Biometric Information Privacy Act (BIPA) through its collection and storage of customer fingerprints

May 2, 2023
Poloniex pays $7.6M to settle with US Treasury’s OFAC over sanctions violations

Crypto Exchange Poloniex Reaches $7.6M Deal with US Treasury’s OFAC

Poloniex has agreed to pay $7.6 million to the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) to settle allegations of various

May 2, 2023
The Ripple vs SEC legal battle continues to keep XRP investors on the edge of their seats

Ripple and SEC Headed for Undisclosed Meeting Next Week in Ongoing Court Battle

The Ripple vs SEC legal battle continues to keep XRP investors on the edge of their seats. Despite expectations of a verdict by the end

May 2, 2023
Peter Brandt has shared his views on the current state of the crypto market

Trader Peter Brandt: Bitcoin Will Drastically Outperform Altcoins, Leaving Competitors Behind

Renowned trader Peter Brandt, known for his accurate predictions of the 2017 Bitcoin collapse, is once again making waves in the cryptocurrency industry. Brandt has

May 2, 2023
Crypto lender Celsius is facing allegations of a "sham" corporate structure

Celsius Responds to Allegations of Misleading Distinction by Seeking Merger of UK and US Entities

Crypto lender Celsius is facing allegations of a “sham” corporate structure and poor record-keeping practices, as court filings suggest the company’s UK and US entities

May 2, 2023
Crypto Attacks on the Rise

Crypto Hacks and Exploits Surge in April, Resulting in $100M Losses

Crypto attacks have increased significantly in April, with over $100 million lost due to hacks, exploits, and scams. According to a report by CertiK, DeFi

May 1, 2023
Changpeng Zhao mentioned meme coin SHIB in a recent AMA session.

SHIB Army Buzzing After CZ Acknowledges Memecoin in AMA

The cryptocurrency world has been buzzing with excitement after Changpeng Zhao, the head of Binance exchange, mentioned meme coin SHIB in a recent AMA session.

May 1, 2023
Binance's native crypto BNB has surged amidst a market retreat

Binance Launches SUI Farming as BNB Bucks Market Retreat

Binance’s native cryptocurrency BNB has surged amidst a market retreat as the exchange launches its latest Binance Launchpool project, Sui farming. The project enables Binance

May 1, 2023
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