Year: 2023
According to Bloomberg, federal authorities in the U.S. are investigating former FTX engineering director Nishad Singh. If prosecutors discover that Singh was involved in mismanaging funds…
The crypto-friendly bank witnessed a sharp decline in Silvergate stock price since the confidence crisis in the crypto industry following the catastrophic FTX collapse. The recent…
The South Korean tech company issued a series of metaverse-oriented projects in 2023. LG Electronics utilized the Consumer Electronics Show to announce the doubled operations within…
As withdrawals spiked following the demise of industry titan FTX, top asset management firm Silvergate Capital Corp reported a steep decline in fourth-quarter crypto-related deposits on…
Just two months after the financial industry was shocked by the collapse of cryptocurrency exchange FTX, US authorities cautioned banks on Tuesday that they should be…
The US Justice Department (DoJ) confirmed taking custody of the $450 million Robinhood shares in disputed ownership between BlockFi and FTX creditors. Contested Ownership in Robinhood…
SEC submitted a limited objection to the acquisition of Voyager Digital by Binance US for $1.022 billion. The US securities watchdog disclosed that the proposed takeover…
Magic Eden confirmed its intentions to refund customers duped to purchase 25 fake non-fungible tokens within 24 hours following the exploit on its marketplace. Addressing the…
The Securities and Exchange Commission is seeking out individuals who allegedly engaged in a fraud scheme that robbed investors of tens of thousands of dollars. These…
In what could possibly be the biggest tech layoff till date, e-commerce giant Amazon will reportedly downsize on staffing with over 17,000 cutbacks. The Biggest Layoff…
Judge Rules that Customer Assets Belong to The Bankrupt Crypto Lender in Celsius ‘Earn Program’ Dispute
On Wednesday, a U.S. bankruptcy judge ruled that Celsius Network controls the majority of the cryptocurrency deposited on its online platform. This means that most Celsius…
Binance Sees Surge in Investors Following Decision to Eliminate Bitcoin Trading Fees and FTX’s Demise Binance, A Force To Be Reckoned With According to Arcane Research,…
A scandalous attempt was made on the Magic Eden Solana marketplace, showing explicit pornographic content on the marketplace. Magic Eden reported that their cache filter had…
New York Department of Financial Services (NYDFS) has sanctioned Coinbase for failing to keep track of the increase of its customers and database records during the…
An IRS special agent informed Wall Street Journal about the agency’s intent to operate in collaboration with crypto firms to confront financial crime. He mentioned that…
According to DeFiLlama, a DeFi TVL aggregator, the total value locked (TVL) in DeFi has reached a two-year low. More importantly, the TVL has shown minimal…


