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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.

SideKick Finance DeFi

SideKick Finance introduces a decentralized NFT crowdfunding platform

SideKick Finance has unveiled JumpStart, a decentralized non-fungible token (NFT) crowdfunding platform. This platform is designed to be interoperable and scalable and is deployed across

January 4, 2023
DNP3, a popular streamer

NFT founder allegedly used investor funds to feed crypto gambling addiction

DNP3, a popular streamer and founder of several NFT projects, has admitted to using investor funds to support his gambling addiction at the Stake crypto

January 4, 2023
user lost $3.4 million in GMX tokens

Phishing attack results in loss of $3.4 million in GMX tokens for DeFi user

A decentralized finance (DeFi) user lost $3.4 million in GMX tokens in a phishing attack, according to an administrator of GMX’s Telegram group. The attack

January 4, 2023
SBF the founder of the now-bankrupt crypto exchange FTX, has pleaded not guilty

Bankman-Fried enters plea of not guilty in FTX case

Sam Bankman-Fried, the creator of the now-defunct crypto exchange FTX, has pleaded not guilty to criminal charges of wire fraud and conspiracy. Prosecutors allege that

January 4, 2023
Major NFT theft hits RTFKT as COO falls for phishing scheme

RTFKT executive loses thousands in NFT heist

Nikhil Gopalani, the Chief Operating Officer of the Nike-owned crypto brand RTFKT, experienced a robbery of his NFT collection worth at least $175,000. According to

January 4, 2023
Bonk (BONK)

Bonk (BONK) Memecoin Explodes in Value, Jumping 1600% in Just a Week

Recently, Bonk, a cryptocurrency connected to the Shiba Inu breed and running on the Solana blockchain, has seen a sharp rise in its value, which

January 4, 2023
The U.S. Attorney's Office for the Southern District has created the FTX Task Force

US Feds Establish ‘FTX Task Force’ to Locate Missing User Funds

The SDNY has created the FTX Task Force in order to trace and recover missing customer funds, as well as investigate and prosecute related criminal

January 4, 2023
The US Federal Reserve warns of crrypto danger

US Banking Regulators Issue Warning on Crypto Fraud and Contagion Risks

The US Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) have warned banks of the

January 4, 2023
Russia crypto adoption

Russia to construct additional power facilities in Siberia due to rising demand for crypto mining

Russia’s energy minister, Nikolay Shulginov, has acknowledged the growing demand for electricity from cryptocurrency miners in certain regions of Siberia and has indicated that additional

January 3, 2023
crypto exchange Gemini sued

Gemini customers seek class-action status in lawsuit against Genesis and DCG

Three customers of the cryptocurrency exchange Gemini’s Earn program have submitted a demand for a class-action lawsuit against Genesis Global Capital and Digital Currency Group

January 3, 2023
Italy's Senate passed cryptocurrency tax bill

Cryptocurrency investors in Italy to face 26% tax on profits

On December 29, 2022, Italy’s Senate approved a budget for 2023 that includes an increase in taxation for cryptocurrency investors. The budget includes a 26%

January 3, 2023
Bahamas Securities Commission

Bahamas Securities Commission challenges John Ray’s assessment of seized FTX assets

The Bahamas Securities Commission has taken exception to FTX CEO John Ray’s assertions regarding the value of seized FTX assets, pointing out that such comments

January 3, 2023
FTX US

FTX’s request to create new crypto tokens denied by Bahamas regulator

The Securities Commission of The Bahamas (SCB) has refuted claims made by the representative of US-based crypto exchange FTX and its debtors that the SCB

January 3, 2023
Turkey plans to use blockchain technology

Turkey Implements Blockchain-Powered Digital Identities for Government Services

At a digital government event, Fuat Oktay, the Vice President of Turkey, declared the nation’s plan to utilize blockchain technology for confirming the identities of

January 2, 2023
SushiSwap DeFi

SushiSwap to Retire Kashi and MISO Platforms

In the first quarter of 2023, SushiSwap will discontinue its Kashi lending platform and MISO token launchpad due to their unfavorable design and lack of

January 2, 2023
Valkyrie Investments and Grayscale Trust

Crypto Asset Manager Valkyrie Gives a Lift to Grayscale Bitcoin Trust

On December 28, Valkyrie Investments, the largest fund in the cryptocurrency industry, declared its intention to become the sponsor and manager of the Grayscale Bitcoin

January 2, 2023
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