Crypto

Huobi, a cryptocurrency exchange

Huobi announces 20% reduction in workforce

Huobi, a cryptocurrency exchange based in Singapore, has announced that it will be reducing its staff by about 20%. This follows reports of potential layoffs,

Celsius Network

New York Attorney General sues former Celsius CEO for alleged fraud

The New York Attorney General, Letitia James, has filed a lawsuit against the former CEO of crypto lender Celsius Network, Alex Mashinsky, accusing him of

Animoca blockchain gaming platform

Animoca Brands Announces $1 Billion Fund for Web3 Investments in Q1 2023

Animoca Brands blockchain gaming platform is aiming to raise around $1 billion for its latest Web3 and Metaverse investment fund in the first quarter of

Developer of Mutant Ape Planet arrested in New York

Creator of Mutant Ape Planet taken into custody in New York for alleged NFT fraud worth $2.9M

Aurelien Michel, the French developer behind the imitation Mutant Ape Planet NFT collection, has been arrested in New York and charged with ripping off investors

Evmos blockchain

Evmos simplifies Ethereum and Cosmos token swaps with new auto-conversion feature

In its latest version 10.0 update, Evmos, a blockchain in the Cosmos ecosystem, has introduced automated conversions for token swaps between the Cosmos and Ethereum

The US SEC filed a lawsuit against Coindeal executives

CoinDeal in hot water: Leaders face fraud charges

On January 4, 2023, the United States Securities and Exchange Commission (SEC) filed a lawsuit in the District Court for the Eastern District of Michigan

Hong Kong

Hong Kong Lawmaker Suggests Transforming CBDC into DeFi-Powered Stablecoin

Hong Kong authorities are considering issuing a central bank digital currency (CBDC) in the form of a stablecoin backed by the government. Wu Jiezhuang, a

French central bank governor calls for crypto licensing to precede EU laws

French central bank governor calls for crypto licensing to precede EU laws

In light of the recent cryptocurrency market turbulence, Francois Villeroy de Galhau, the Governor of the Bank of France, has suggested that local digital asset

The former top lawyer at collapsed cryptocurrency exchange FTX

FTX ex-lawyer alerted US prosecutors to SBF fund abuse, Reuters reports

Daniel Friedberg, the former top lawyer at collapsed cryptocurrency exchange FTX, shared information with US prosecutors about the alleged misuse of customer funds by FTX

Blockchain gaming studio Illuvium

Illuvium Rings in 2023 with Release of New Blockchain Game

Tomorrow, Illuvium, a blockchain gaming studio, will release an alpha version of its third game, Illuvium: Zero, for holders of its land nonfungible tokens (NFTs).

Logan Paul has threatened to sue fellow YouTuber Stephen Findeisen, also known as Coffeezilla,

Logan Paul Vows to Sue Coffeezilla Over Claims of CryptoZoo ‘Scam

Logan Paul, a YouTuber, has threatened to sue fellow YouTuber Stephen Findeisen, also known as Coffeezilla, for defamation after Findeisen accused Paul’s CryptoZoo nonfungible token

MoneyGram Ripple and the SEC confidential info

MoneyGram Seeks to Seal Certain Details in XRP Lawsuit Against Lawsuit Between Ripple, SEC

MoneyGram is asking the U.S. District Court for the Southern District of New York to keep certain details of the summary judgment materials in the

Crypto exchange Coinbase

Coinbase receives $50M fine for AML violations

Coinbase has been issued a $50 million penalty by regulators for breaching anti-money laundering laws. This is in addition to the company’s voluntarily committing to

Indonesia crypto exchange

Indonesia to launch crypto exchange under financial services authority regulation

Indonesia is planning to launch its own cryptocurrency exchange in 2023, following financial sector reform that will see regulatory powers over digital assets shift to

Cake DeFi proof of reserve

Cake DeFi presents Merkle tree-based evidence of reserves

Cake DeFi, a Singapore-based DeFi company, has implemented the Merkle tree method as a way to show proof of its reserves. The Merkle tree technique,

Sam Bankman-Fried has pleaded not guilty to criminal charges

FTX probes by US Congress stalled without House Speaker

The lack of a Speaker for the House of Representatives may result in indefinite delays in addressing fraud allegations at FTX or passing legislation related