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Latest Crypto News

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

Nexo to Pay $45 Million Fine and Exit Crypto Lending Space Following SEC Settlement

Nexo Agrees to $45 Million Penalty and Terminates Crypto Lending Services in SEC Settlement

Nexo Capital, a crypto lending firm, has agreed to pay a $45 million penalty and cease its crypto lending product “Earn Interest” after being charged

January 20, 2023
Ex-FTX Top Lawyer Accuses US Counsel of Directing Business to Sullivan & Cromwell

Former FTX Legal Head Claims US Legal Team Funneled Business to S&C

Daniel Friedberg, a former chief lawyer for FTX, has accused the company’s U.S. general counsel of channeling business to Sullivan & Cromwell (S&C), the firm

January 20, 2023
Cryptocurrency exchange FTX

FTX’s Attempt to Revive Platform May be Doomed by User Distrust, Experts Predict

Cryptocurrency exchange FTX has faced skepticism from industry commentators over its plan to reboot the platform. The exchange filed for bankruptcy in November following accusations

January 20, 2023
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
Polygon Labs

Polygon and BitGo Unite After Difficult Hardfork Upgrade

Polygon, a blockchain network, has partnered with BitGo, a crypto custody provider, to allow ERC-20 MATIC holders to stake their coins and earn rewards. BitGo

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
Yuga Labs, the creator of the popular Bored Ape Yacht Club (BAYC) NFT

Yuga Labs Blacklists NFT Marketplaces Without Proper Royalty Support

Yuga Labs, the creator of the popular Bored Ape Yacht Club (BAYC) NFT, has blacklisted addresses related to several marketplaces for not supporting royalties for

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
Yuga Labs' account hacked

Yuga Labs Admits to Mailchimp Breach, Reassures NFT Holders of Safety

Mailchimp, a popular email platform and marketing service, announced that it had experienced a data breach that resulted in the compromise of Yuga Labs’ account.

January 19, 2023
Digital fashion brand Syky has raised $9.5 million

Seven Seven Six Leads $9.5 Million Investment in Digital Fashion Company Syky

Digital fashion brand Syky has raised $9.5 million in a Series A funding round led by Seven Seven Six with participation from other investors such

January 18, 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
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