SEC Intervenes in Binance US Acquisition of Bankrupt Crypto Lender Voyager Digital’s Assets
The U.S. Securities and Exchange Commission (SEC) has intervened in the asset purchase agreement between…
Year: 2023
Report: Fanatics to Sell 60% of Candy Digital Stake Amid Struggling NFT Market
Fanatics, the retailer specializing in licensed sports merchandise, is divesting 60% of its stake in…
French central bank governor pushes for crypto licensing ahead of EU laws
The Bank of France’s head said turmoil in the crypto markets proves the need to…
Mutant Ape Planet creator arrested in NY for alleged $2.9M NFT ‘fraud’
The developer of a Mutant Ape Yacht Club knock-off collection has allegedly “defrauded” investors of…
US senator behind efforts to pass major crypto bill won’t seek re-election
Senator Debbie Stabenow was one of the lawmakers behind introducing the Digital Commodities Consumer Protection…
What is institutional DeFi, and how can banks benefit?
Institutional DeFi could be a new paradigm that banks can leverage for product innovation, new…
Asia Express: China’s NFT market, Moutai metaverse popular but buggy…
In a joint effort between the state-owned Chinese Technology Exchange, the state-owned Art Exhibitions China…
US authorities are turning their attention to FTX’s Nishad Singh: Report
FTX’s bankruptcy filings show a $543 million loan to former engineering director Nishad Singh, who…
CME Group to launch 3 metaverse reference rates
Axie Infinity, Chiliz and Decentraland will be represented in CME’s new reference rates and real-time…
DeFi security losses rose 47.4% in 2022 to hit $3.64B: Report
Over $1.40 billion worth of stolen DeFi funds was reportedly laundered via Tornado Cash during…
Three Arrows Capital Founders Served Subpoenas via Twitter in Bankruptcy Process
The founders of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC) have been served…
New York Attorney General Sues Celsius Co-Founder Alex Mashinsky for Crypto Fraud
On Jan. 5, 2023, the state of New York and attorney general Letitia James filed…
Unreported Transactions Linked to Disgraced FTX Co-Founder Revealed by Onchain Investigation
According to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred…
Crypto lender Genesis lays off 30% more staff: Report
Genesis announced in August that it planned to cut its then 260-person workforce by 20%,…
US authorities to intensify scrutiny of crypto industry in 2023
The SEC, FASB, and IRS are working to tighten crypto regulations and expand industry oversight….
