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1 year, 8 months ago
SEC's Decision Not to Appeal Grayscale Ruling Brings Spot Bitcoin ETFs Closer to Reality
The U.S. Securities and Exchange Commission (SEC) has decided not to appeal a court ruling that found it unjust to reject Grayscale Investments’ application to create a spot bitcoin exchange-traded fund (ETF). T…
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1 year, 8 months agoUS Officials Monitor Chinese-Linked Cryptocurrency Mining Operations Near Military Bases
Officials in the United States government are reportedly monitoring cryptocurrency mining operations with ties to China. Many Bitcoin data centers in the US are said to be directly linked to the Chinese government,…
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1 year, 8 months agoFormer CEO of Voyager Digital Faces Fraud Charges and $1.65 Billion Fine in Settlement with FTC
The United States Commodity Futures Trading Commission (CFTC) has filed a complaint against former CEO of Voyager Digital, Stephen Ehrlich, accusing him of fraud and failure to register the bankrupt crypto lender…
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1 year, 8 months agoSolana Offers $400,000 Reward for Halting Network as Bug Bounty Program Launches
Jacob Creech, Solana’s Head of Developer, has announced a bug bounty program that rewards white hat hackers and coders who can successfully halt the Solana network with $400,000 in SOL, the platform’s native cur…
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1 year, 8 months agoAlameda and FTX Associate Granted Partial Immunity in Plea Deal
Caroline Ellison, an associate of Alameda and FTX, has reached a plea deal with prosecutors in the Southern District of New York. Under the agreement, Ellison will not be prosecuted further if she fulfills her…
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1 year, 8 months agoAnthony Scaramucci Reveals Trust in Sam Bankman-Fried Before Fraud Trial
Anthony Scaramucci, founder of SkyBridge Capital, recently spoke about his early impressions of Sam Bankman-Fried, the founder of FTX who is currently on trial for fraud. Scaramucci initially admired…
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1 year, 8 months agoBarnBridge Token Holders Vote to Comply with SEC's Demands
BarnBridge, a cryptocurrency project, is facing legal action from the US Securities and Exchange Commission (SEC). In response, the project has turned to its token holders for support. A voting process was…
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1 year, 8 months agoMastercard and Reserve Bank of Australia Successfully Test Interoperability of Central Bank Digital Asset
Payments processing giant Mastercard and the Reserve Bank of Australia (RBA) have successfully tested the interoperability of a central bank digital asset (CBDC) and the ability to restrict its use to authorized…
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1 year, 8 months agoGrayscale's Legal Victory Paves the Way for Bitcoin ETF Approval in the US
Grayscale’s recent legal victory against the US Securities and Exchange Commission (SEC) in its bid for a spot Bitcoin ETF is a significant milestone for the cryptocurrency industry. The court criticized the SEC f…
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1 year, 8 months agoFormer CEO of Investment Firm Pleads Guilty to Cherry-Picking Scheme Involving Crypto Futures
Former CEO of investment firm Systematic Alpha Management LLC (SAM), Peter Kambolin, has pleaded guilty to running a fraudulent cherry-picking scheme. Kambolin admitted to fraudulently allocating profits and losses…
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1 year, 8 months agoElliptic Report Reveals Complex Money Laundering Techniques in FTX Theft
In a shocking revelation, blockchain intelligence firm Elliptic has provided an in-depth analysis of the infamous FTX theft, shedding light on the complex web of events surrounding the hack, subsequent money…
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1 year, 8 months agoHighlights from Sam Bankman-Fried's Second Week in Court: Secret Recording Revealed, Ex-Alameda Research CEO Testifies
In the second week of the trial involving Sam Bankman-Fried, CoinDesk has analyzed trial documents, transcripts, and reports to provide highlights of Caroline Ellison’s testimony and updates on FTX’s $400 mil…
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1 year, 8 months agoBeluga Protocol Falls Victim to $175K Crypto Hack on Arbitrum Network
Beluga, a Multichain AMM protocol, has fallen victim to a hacking attack, resulting in the theft of approximately $175K in cryptocurrency. The attack targeted the Beluga protocol deployed on the Arbitrum network.…
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1 year, 8 months agoFormer FTX CEO's Lawyers Seek to Bring Up Terms of Service in Criminal Trial
Lawyers representing former FTX CEO Sam “SBF” Bankman-Fried are seeking to introduce information from the crypto exchange’s terms of service during witness testimonies in the ongoing criminal trial. The defen…
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1 year, 8 months agoFormer Voyager CEO Stephen Ehrlich Faces Charges for Deceptive Practices and Fraud
The former CEO of Voyager, Stephen Ehrlich, is facing charges filed by the Federal Trade Commission (FTC) and Commodity Futures Trading Commission (CFTC). The FTC alleges that Ehrlich falsely claimed that Voyager…
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1 year, 8 months agoThe Dark Side of Cryptocurrencies: From Fake Abductions to Ponzi Schemes, Unveiling Crypto Horror Stories
Friday the 13th is often associated with horror and superstition, and in the world of cryptocurrencies, there have been some truly terrifying stories. One such story involves QuadrigaCX, Canada’s largest c…
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1 year, 8 months agoCoinbase CEO Slams IRS Crypto Tax Proposal as "Incomprehensible" and Threat to Financial Privacy
Coinbase, the largest cryptocurrency exchange in the US, has expressed concerns over a new tax proposal by the Internal Revenue Service (IRS). In a letter to the agency, Coinbase argues that the proposed rules…
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1 year, 8 months agoTON Foundation Partners with Elliptic to Enhance Security and Expand Ecosystem
The Open Network (TON) Foundation has partnered with Elliptic, a blockchain analysis firm, to enhance the security and data intelligence of the TON network. Elliptic will screen TON wallet addresses to identify any…
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1 year, 8 months agoVenture Capital Firm Paradigm Supports Binance in SEC Jurisdiction Dispute
Venture capital firm Paradigm has come out in support of cryptocurrency exchange Binance, as it seeks to have charges brought against it by the US Securities and Exchange Commission (SEC) dismissed. Paradigm argues…
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1 year, 8 months agoHuobi Hacker Returns Stolen Assets Worth $8 Million
Chinese Bribe Scandal Deepens for FTX FounderNew revelations have emerged in the Chinese bribe scandal involving Sam Bankman-Fried, the founder of cryptocurrency exchange FTX. Testimony from Caroline Ellison,…
