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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.

The developer of Tornado Cash,

Tornado Cash Developer to Remain Behind Bars for Three More Months

Alexey Pertsev, the developer of Tornado Cash, an open-source crypto-mixing protocol, has been detained until his next hearing on April 21, as ruled by a

February 17, 2023
Tencent has decided to downsize its plans for virtual reality hardware

Reuters reports Tencent scaling back metaverse hardware projects

Tencent has decided to downsize its plans for virtual reality hardware in the metaverse, according to a report by Reuters. The move resulted in headcount

February 17, 2023
Bankrupt crypto lender Celsius failed to properly record transactions

Bankruptcy Saga: Celsius Failed to Record Billions of Dollars in Intercompany Transfers

Bankrupt crypto lender Celsius failed to properly record transactions between its affiliate companies, according to court filings on Thursday. This means that it is nearly

February 17, 2023
the former CEO of FTX,

Judge Warns FTX CEO Bankman-Fried of Possible Consequences for Bail Violation

Sam Bankman-Fried, the former CEO of FTX, may have his bail revoked following an accusation of attempted witness tampering. During a hearing on Feb. 16,

February 17, 2023
Swiss-based fintech firm Taurus has secured a total of $65 million

Taurus Funding Round Raises $65 Million for Platform Growth

Swiss-based fintech firm Taurus has secured a total of $65 million in funding from a Series B fundraising round. The funding round was led by

February 17, 2023
Russian parliament has passed a blockchain bill in the first reading.

Russia Takes Steps to Regulate Blockchain Technology with New Bill

Blockchain technology is rapidly gaining popularity worldwide, and the adoption wave has now reached Russia. The State Duma, which is the legislative authority of the

February 17, 2023
lawsuit against Terraform Labs could be used as a roadmap for the regulator to go after other stablecoins

Delphi Labs Claims Terra Lawsuit Could Set Dangerous Precedent for Stablecoin Industry

A lawyer, Gabriel Shapiro, has suggested that the United States Securities and Exchange Commission’s (SEC) lawsuit against Terraform Labs and its co-founder, Do Kwon, could

February 17, 2023
$400M Shifted by Binance from US Partner to CZ-Connected Company.

Binance Transfers $400M to CZ-Linked Entity from US Partner

Binance is accused of accessing a bank account belonging to its U.S. partner without authorization and transferring over $400 million to a trading firm controlled

February 17, 2023
The U.S. SEC has charged Terraform Labs and its founder

Terra Luna Creator, Do Kwon, Charged with Fraud by U.S. Securities Regulator

The U.S. Securities and Exchange Commission (SEC) has charged Singapore-based Terraform Labs and its chief, Kwon Do-hyung, with multi-billion dollar crypto asset securities fraud. The

February 17, 2023
The Hong Kong government has issued its first tokenized green bond

Hong Kong Makes History with Successful $100M Tokenized Green Bond Offering

The Hong Kong government has issued its first tokenized green bond, worth HKD 800 million ($101 million), as part of its Green Bond Program. It

February 16, 2023
Norway's unit for fighting crimes has seized $5.9 million in crypto

Police in Norway Seize Nearly $6 Million in Crypto Tied to Axie Infinity Breach

Norway’s unit for fighting economic and environmental crimes, Okokrim, has seized 60 million Kroner ($5.9 million) in cryptocurrency linked to the $600 million Axie Infinity

February 16, 2023
Sam Bankman-Fried.

Bail backers for Sam Bankman-Fried revealed to be former Stanford Dean and Research Scientist

Academics from Stanford Law School and Stanford University have been identified as the two unknown individuals who signed bonds for the release of FTX crypto

February 16, 2023
Binance is preparing to face regulatory fines and penalties

Report: Binance preparing to pay fines to US regulators amid increasing scrutiny

Binance, the world’s largest digital asset exchange, is preparing to face regulatory fines and penalties to settle outstanding investigations by regulatory and law enforcement authorities

February 16, 2023
Avraham Eisenberg

Mango Markets Exploiter Claims Right to Keep Disputed Funds Paid as Bug Bounty

Avraham Eisenberg, who allegedly exploited Mango Markets, is attempting to keep his share of cryptocurrency gained from his “highly profitable trading strategy”. His lawyers filed

February 16, 2023
The Napster brand

Napster Acquires Mint Songs to Pave the Way for Web3 Revolution

The Napster brand, which first gained notoriety in the late 90s and early 2000s for its controversial peer-to-peer music-sharing platform, is taking its next step

February 16, 2023
A 50-year-old man has been sentenced to four years in prison for crypto scam

Crypto Scammer Sentenced to Four Years in Jail by French Court

A 50-year-old man has been sentenced to four years in prison by the Fontainebleau Criminal Court for his involvement in a “vast” and “international” French

February 16, 2023
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