South Korean financial authorities are facing increasing calls to authorize cryptocurrency exchange-traded funds (ETFs). This push comes after the U.S. Securities and Exchange Commission granted approval for Ethereum-based spot ETFs,…
Antonio Juliano, the pioneering founder and CEO of dYdX Trading Inc., recently announced his decision to resign from his CEO role for personal and professional reasons. This significant shift in leadership was not unexpected for the team or…
Ripple Labs faces a $2 billion SEC penalty amid an ongoing legal battle over unregistered securities sales.
As you will see when the SEC’s brief is made public tomorrow, they ask the Judge for $2B in fines and penalties. 1/4…
On March 20, a significant cyber attack targeted Layerswap, a key player in bridging centralized crypto exchanges with layer-2 blockchain networks. The platform’s domain, layerswap.io, experienced unauthorized control, diverting its users…
In an operation by the US Attorney’s Office in Chicago, authorities successfully confiscated approximately $1.4 million in Tether (USDT) cryptocurrency. This operation highlights a significant achievement in the ongoing battle against…
Celsius Network, the once-struggling crypto lending platform, has successfully emerged from bankruptcy by fulfilling all obligations outlined in its reorganization plan. This marks the end of an 18-month-long process that commenced with the…
As ChatGPT continues to captivate global audiences, generative AI, the technology powering such innovations, has emerged as a major talking point. Twitter, a key platform for contemporary discourse, is abuzz with discussions and information…
Former FTX CEO, Sam Bankman-Fried (SBF), is seeking permission from Judge Lewis Kaplan to enable visits from his “close friends” at his parents’ house in Palo Alto, California. SBF’s lawyers have requested an order to waive the need for a…
Atomic Wallet, a popular cryptocurrency wallet service, has been hit by a devastating security breach, resulting in the theft of over $35 million worth of digital assets from its users. The incident has left distraught users questioning the…
In recent news, Bryan Lee, a 57-year-old Las Vegas resident, has been charged for orchestrating a massive Metaverse scam. This scam amounts to more than $45 million. Yesterday, Federal prosecutors unveiled that Lee and his co-conspirators…
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