South African Crypto Ads Must Now State Investments ‘May Result in Loss of Capital’
South Africa’s main advertising regulator wants to commit influencers and celebrities to honesty in crypto advertising.
Solo Bitcoin Miner Solves Block With Hash Rate of Just 10 TH/s, Beating Extremely Unlikely Odds
Even though big pools have become the dominant winners in Bitcoin mining, solo miners are occasional reminders of Bitcoin's probabilistic design.
FTX Bankruptcy Judge Calls Fmr FTX US Exec's Allegations Against Law Firm 'Hearsay, Innuendo, Speculation, Rumors'
The FTX bankruptcy judge approved the hiring of law firm Sullivan & Cromwell, despite objections made to the firm based on conflicts of interest.
Winklevoss Mulls Lawsuit Against Barry Silbert, Digital Currency Group
Crypto exchange Gemini threatens to “imminently” sue Digital Currency Group and its CEO Barry Silbert over the $900 million owed by Genesis Trading.
Suspects in UK Bitcoin Fraud Had ‘More Money Than They Could Spend’: Lancashire Police
Reports say the group made off with so much money that the leader of the Bitcoin fraud bought cars for people that they met at the bar.
Decentraland Posts 81% Rise Over The Week, Leads Metaverse Token Rally
Tokens powering the metaverse, like Decentraland's MANA, are rallying hard this week following news that Apple will release a VR/AR headset.
Nexo 'Vehemently Denies' Allegations of Fraud Following Arrests in Bulgaria
Crypto lender Nexo says Bulgaria's investigation is "politically motivated" but will not confirm if the arrests involved company employees.
From 'Bitcoin Billionaires' to SEC Charges: A Brief Crypto History of the Winklevoss Twins
The Winklevoss brothers hit it big in crypto after the Facebook settlement—but now they’re in a $900M spat and the Gemini faces charges.
Hong Kong to Only Offer ‘Highly Liquid’ Cryptocurrencies for Retail Trading: Report
After blocking retail crypto traders in 2018, Hong Kong is moving ahead with a new regulatory regime. Still, more guard rails are expected.
Bankruptcy Filing Reveals Tom Brady, Kevin O’Leary, and Coinbase Among Major FTX Creditors
Bankruptcy attorneys released a long list of names and the number of shares held by former associates and investors.
Former FTX Exec Nishad Singh Seeking Cooperation Deal From Authorities: Report
Singh’s possible deal with authorities reportedly revolves around large donations FTX and SBF had made to various political campaigns.
CFTC Charges Mango Markets Hacker With Fraud
The latest action against Avraham Eisenberg follows similar charges filed by the Justice Department for the multi-million dollar hack of the Solana exchange.
Coinbase Announces Further Layoffs, Cutting Headcount by 950 Employees
After first announcing layoffs last summer, crypto exchange Coinbase is continuing to trim its workforce—this time by 950 employees.
Wyre Announces Withdrawal Limits as Crypto Firm Navigates Crypto Winter
Wyre users are now only able to withdraw 90% of their funds, with the firm adding that it's "exploring strategic options" amid the bear market.
This Week on Crypto Twitter: Winklevoss Beefs with Silbert Over $900 Million, SBF Donations Tied to Pro-Trump Organizations
Twitch streamer and NFT creator DNP3 confesses to squandering investors’ funds to feed his gambling addiction.
3AC Founders Kyle Davies and Su Zhu Tagged in Tweet Delivering Court Subpoena
After keeping a relatively low profile, the collapse of FTX brought the Three Arrows Capital cofounders back into the public eye.
'See You in Court': Logan Paul Threatens to Sue YouTuber Coffeezilla Over CryptoZoo Scam Claims
In response to Coffeezilla’s video series, Paul denies scamming his audience and said he has only lost money on his NFT game.
Crypto Crystal Ball: Biggest Trends to Watch in 2023
Poised to deliver clarity on post-FTX fallout and major legal and regulatory questions, 2023 is already shaping up to be a critical year for the crypto industry.
Grayscale Ethereum Trust Trades at Record 60% Low Against Ethereum
Grayscale is currently battling the SEC regarding the future legal status of its funds, as its GBTC and ETHE products trade at a discount.
Bitcoin and Ethereum Start 2023 in the Green—But Only Slightly
The two biggest cryptocurrencies have climbed slightly in the past 24 hours, but remain down on the week after an inauspicious end to 2022.
Gemini’s Winklevoss Slams DCG CEO Silbert for ‘Bad Faith Stall Tactics’ Over $900M in Locked Funds
Cameron Winklevoss penned an open letter over funds reportedly owed to Gemini Earn customers; Barry Silbert denies the accusations.
Metaverse Tokens ApeCoin, Axie Infinity Ring in New Year With 6% Surge
Metaverse and gaming tokens have started the New Year on a high note, while games giant Square Enix has doubled down on blockchain.
Bitcoin and Ethereum Flat in Final Week of 2022, Solana and Dogecoin Down Bad
Bitcoin and Ethereum slid less than 2% in the final week of a brutal year for crypto prices; SOL and DOGE fell much harder.
This Week on Crypto Twitter: Did SBF Move Money? Man Utd NFTs Under Fire. Eisenberg Arrested!
SBF returns to Twitter, Avraham Eisenberg is busted, and Manchester United gets accused of NFT art plagiarism.
Cathie Wood's Ark Invest Buys the Dip, Scoops Up $5.5M in Coinbase Stock
Ark Invest has once again moved to purchase cheap Coinbase stock, adding $5.5 million worth of COIN shares to its ARK Fintech Innovation ETF (ARKF).
Pega Pool Aims to Make Bitcoin Mining Eco-Friendly With Carbon Offsets
With Bitcoin mining’s fossil fuel use on the rise, the Bitcoin mining pool is on a mission to reduce the industry’s carbon footprint.
Bitcoin Miner Argo Blockchain Sells Texas Facility to Galaxy Digital for $65M
In addition to the $65 million sale to Galaxy, Argo is also grabbing a $35 million loan backed by more than 23,000 mining machines.
North Korea-linked NFT Phishing Campaign Targets OpenSea, X2Y2, Rarible Users
The phishing scheme used a web of over 500 fraudulent websites to extract key information from NFT users during the minting process.
Bitcoin Hash Rate Suffers Near 40% Drop Amid U.S. Deadly Winter Storm
As extreme weather conditions left more than one million without power on Friday, several U.S.-based Bitcoin miners have paused operations.
OKX Proof-of-Reserve Report Shows 101% Bitcoin, Tether Reserves
OKX joins a long list of crypto firms rushing to prove their stability, but regulators continue to question the reliability of such reports.
This Week in Coins: Bitcoin, Ethereum See Modest Gains Heading Into Christmas
Coins are limping into the new year. And in its investigation of FTX’s collapse, the SEC appears to have redoubled its assault on crypto.
California Regulator Orders Halt to MyConstant’s Crypto Lending Services
The Department of Financial Protection and Innovation alleged that crypto loans platform MyConstant was operating without the appropriate license.
Sam Bankman-Fried Released to Parents' Palo Alto Home on $250 Million Bond
Sam Bankman-Fried was allowed to await trial with his parents in an agreement described by prosecutors as the "highest ever pre-trial bond."