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Crypto

a group of well-known funds to buy CoinDesk.

Marsbit open to organizing funding partnership to purchase CoinDesk

Wang Feng, the founder of Chinese crypto news outlet Marsbit, has revealed that his firm is willing to lead a group of well-known funds to

January 20, 2023
Farmington State Bank, known as Moonstone Bank

Moonstone Bank to Abandon Crypto, Focus on Local Banking Services

Farmington State Bank, also known as Moonstone Bank, has announced that it will no longer pursue a business model focused on developing banking services for

January 20, 2023
Binance and Hydra

Binance Linked to $700M Illegal Crypto Exchange by FinCEN

The Financial Crimes and Enforcement Network (FinCEN) released a report on Bitzlato, a Russian P2P exchange, and identified two of its top counterparties as Binance

January 20, 2023
Justin Sun confirmed as member of the Global Advisory Board of Huobi.

Huobi Appoints Justin Sun as CEO, Taking on ‘Illegal Trading’

Justin Sun, founder and CEO of Tron, is now leading Singapore-based exchange Huobi as a member of the Global Advisory Board. This news comes shortly

January 20, 2023
Decentralized protocol SSV Network DAO

SSV Network DAO establishes $50 million fund for ecosystem development

Open source and decentralized protocol SSV Network DAO has launched a $50 million ecosystem fund to support the development of Distributed Validator Technology (DVT) based

January 20, 2023
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
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
Cross-chain prime brokerage protocol Primex Finance

Primex Finance Introduces Beta 0.3.0 App With Deployments to Polygon Mumbai and zkEVM Testnets

Kyiv, Ukraine, 18th January, 2023 Cross-chain prime brokerage protocol Primex Finance rolls out a major update to its application. Launching in two stages, Beta 0.3.0 introduces a

January 19, 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
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