FTX Files Motion to Halt BlockFi and Creditors Claiming $450M Robinhood Shares
The filings submitted by the defunct FTX exchange challenged BlockFi's claim on the Robinhood Markets shares estimated at $450 million.…
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OpenSea Bans Cuban Artists and NFTs Cites US Sanctions
OpenSea restated its policy to ban individuals and entities from jurisdictions sanctioned by the US from utilizing its platform. The…
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Hong Kong’s G-Rocket Set to Attract and Accelerate 1000 Web3 Start-ups
Hong Kong-based G-Rocket announces plans to attract and accelerate 1000 start-ups oriented to Web3 projects. The start-up accelerator company, co-founded…
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British Columbia Freezes New Electricity Connection for Crypto Miners
A Canadian state-owned utility company suspended crypto miners' requests for new electricity connections. In a statement conveyed on December 21,…
Embattled Caroline Ellison Plea Deal Saves Alameda’s Former CEO Lengthy Imprisonment
Documents published by the US attorney in the Southern District of New York (SDNY) office revealed the potential release of…
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MyConstant Banned from Offering Crypto-Related Products for Violating California Laws
The announcement by the Department of Financial Protection and Innovation (DFPI), dated December 21, 2022, ordered MyConstant to refrain from…
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Gleec BTC Exchange Acquires Blocktane to Pursues Brazil Crypto Market
The Estonia-based crypto exchange Gleec BTC announced its interest in pursuing the Brazilian crypto market. This coincides with the Central…
Alaska Mandates Crypto Firms to Acquire Money Transmission License
Alaska's new directive mandates crypto firms to seek money transmission licenses starting January 1, 2023. The update confirms the inclusion…
Caroline Ellison and Gary Wang Cooperate with Authorities after Pleading Guilty to Alleged Fraud
Former Alameda Research chief executive Caroline Ellison replicated moves by FTX co-founder Gary Wang in cooperating with investigators in the…
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Bitcoin Miner Greenidge on the Verge of Bankruptcy
Greenidge doubts the viability of the continued operation, following the footsteps of rival crypto miner Core Scientific. The Bitcoin mining…
BlockFi Seeks Court’s Green Light to Return Frozen Cryptos to Customers
The embattled crypto lender BlockFi confirms seeking the court's green light for customers to withdraw crypto assets in its wallets.…
Bitcoin-Centric Firm Foundation Devices Nets $7M in Seed Round for Expanding Self-Custody Services
Foundation Devices announced on December 19 receiving $7 million in funding it plans to use to expand its self-custody solutions.…
US Crypto Innovation Bill Reintroduced by Incoming House Financial Committee Chair
Patrick McHenry announced on December 19 plans to reintroduce the Financial Services Innovation Act as he assumes leadership of the…
Bank of Canada Considers Stablecoin Regulation Inevitable to Realize Inherent Benefits
The research conducted by the Bank of Canada indicates regulation is critical to realize the benefits inherent in the fiat-references…
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Eva Kaili Arrest Mutes Much-Needed Crypto Voice in EU Parliament
Crypto advocates in Europe consider the apprehension of Parliamentarian Eva Kaili's alleged corruption involvement as a blow to blockchain and…
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Binance.US Acquiring Voyager Digital Assets in $1.022B Deal
Binance US announced the acceptance of its revised bid for Voyager Digital. The December 19 announcement confirmed that Binance.US would…