Public Bitcoin Mining Firms in Crisis Over $4B Collective Debt
The crypto mining sector finds itself in a mess over the massive loans owed by Bitcoin miners, which experts consider…
$450M Worth RobinHood Shares Belongs Solely To FTX, SBF Claims Amidst Dispute
With the charges placed on Sam Bankman-fried there are still some ongoing disputes on the rightful owner of some Robinhood…
Caroline Ellison Pleads Guilty, Reveals Incriminating Information About FTX
Caroline Ellison, CEO of Alameda Research FTX, finally admits to the crime of money laundering and calls out FTX former…
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Stablecoins Need to Be Adequately Regulated – Canadian Central Bank
The Canadian Central Bank, while listing the likely risks and advantages of distributing stablecoins, emphasised the need to adequately regulate…
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.…
Bitcoin Miner Bitfarms Stares NASDAQ Delisting Over Low Share Price
Block reward mining firm Bitfarms could be delisted from Nasdaq if its share price fails to achieve the $1 threshold…
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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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Binance Joins Crypto Lobbying Group, Faces Huge Backlash
On December 20th, a press statement revealed that the Binance exchange is now a member of a crypto lobbying group…
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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.…
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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…
Mazars Group Removes Binance’s PoR Report From Its Website
According to a recent Bloomberg report, the proof-of-reserve (PoR) audits of crypto exchange, Binance is no longer on its auditor's…
Bitcoin Mining Firm Core Scientific Receives $72M Bailout from B. Riley
B. Riley confirms granting $72M financing to save Core Scientific from the bankruptcy filing. The December 14 announcement indicated the…
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Maple Finance Announces Major Overhaul, Ends Lending On Solana
On Wednesday, Maple Finance, a blockchain-backed lending platform, announced a major overhaul of its protocol. According to the announcement, the…
Why A Non-Collateral Crypto Loan Remains A Bad Idea: Maple Finance’s Debt As A Case Study
One of the biggest unsecured crypto lending protocols, Maple Finance, is currently going through a bad time. With a really…
FTX Saga: Sam Bankman-Fried Is A Criminal, Co-founder Of Microstrategy Says
The renowned American entrepreneur, Michael Saylor, who is also the co-founder and executive chairman of the business intelligence firm, MicroStrategy,…