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1 year, 1 month ago
Real Estate-Backed Stablecoin USDR Depeg Crisis Deemed Terminal as User Protection Becomes Impossible
TangibleDAO, the creator of the real estate-backed USDR stablecoin, has announced that it will discontinue the project after it depegged on October 11. The decision was made due to the numerous attack vectors in…
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1 year, 1 month agoRipple's XRP Achieves Non-Security Status in the US, Potential for Bull Run and Regulatory Progress
Stuart Alderoty, Chief Legal Officer of Ripple, has commented on the recent court victories against the SEC, stating that they have provided clarity for XRP in the US. The rulings have classified XRP as a…
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1 year, 1 month agoFormer CEO Testifies Against Ex-Boyfriend in Cryptocurrency Fraud Trial
Caroline Ellison, the former CEO of Alameda Research, testified against her ex-boyfriend and former boss, Sam Bankman-Fried, in a high-profile trial. Ellison tearfully recounted the downfall of her hedge fund and…
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1 year, 1 month agoFormer FTX CEO Sam Bankman-Fried Allegedly Attempted to Unlock Frozen Funds Using Thai Prostitute Accounts and $100 Million Bribe
Caroline Ellison, the former CEO of Alameda Research, has testified against her ex-boyfriend and former FTX CEO, Sam Bankman-Fried (SBF), revealing his attempts to unlock frozen funds. According to Ellison, SBF…
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1 year, 1 month agoRussian Hackers Suspected in FTX Breach, Elliptic Analysis Reveals
Research firm Elliptic has suggested that Russian cybercriminal groups may have been responsible for the recent hack of FTX, the cryptocurrency exchange founded by Sam Bankman-Fried. Elliptic reached this…
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1 year, 1 month agoSenior Judge Signs Orders Clearing Pending Motions in SEC vs Binance Lawsuit
A senior judge in the Columbian district court has signed multiple orders to clear pending motions in the ongoing lawsuit between the United States Securities and Exchange Commission (SEC) and crypto exchange…
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1 year, 1 month agoChinese Court Rules Crypto Lending Outside Legal Protection
A Chinese court has ruled that crypto lending falls outside the protection of the country’s legal system. The Nanchang People’s Court dismissed a lawsuit brought by an individual named Mr. Ming against Mr. Gan…
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1 year, 1 month agoTech Giants Join Forces to Combat Deepfakes with Open-Source Tools
A group of major technology companies, including Adobe, Microsoft, and Intel, have joined forces to tackle the issue of deepfakes and AI-generated synthetic media. The Coalition for Content Provenance and…
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1 year, 1 month agoFormer Facebook Executive David Marcus Reveals Mark Zuckerberg's Appreciation for Bitcoin
In a recent podcast interview, former Facebook executive David Marcus revealed that CEO Mark Zuckerberg is a fan of Bitcoin. Marcus stated that Zuckerberg appreciates Bitcoin and they had many conversations about…
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1 year, 1 month agoFTX and Genesis Global Trading Reach $175 Million Settlement in Bankruptcy Case
A New York bankruptcy judge has approved a settlement between cryptocurrency firms FTX and Genesis Global Trading (GGC), allowing FTX-affiliated Alameda Research to receive $175 million from GGC. The settlement…
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1 year, 1 month agoPlatypus DeFi Protocol Loses $2 Million in Flash Loan Exploit
Decentralized finance (DeFi) protocol Platypus has suffered another flash loan exploit, resulting in the loss of over $2 million in assets. The platform has suspended all of its pools in response to the attack.…
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1 year, 1 month agoThe Rocky Horror Show NFTs IRL Art Exhibition Comes to Monaco
La Vitrine Contemporain de Monaco will host an art exhibition featuring physical representations of nine non-fungible tokens (NFTs) from The Rocky Horror Show. The exhibition, taking place in Monaco, will showcase…
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1 year, 1 month agoFormer Alameda Research CEO Takes Responsibility for Actions
Caroline Ellison, the former head of Alameda Research, has admitted her guilt in relation to seven charges she faced. In court on Wednesday, Ellison took responsibility for her actions, although she did not clarify…
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1 year, 1 month agoCardano Founder Charles Hoskinson Debunks ETHGate Bribery Allegations
Cardano founder Charles Hoskinson has addressed the controversy surrounding Ethereum’s alleged bribery of the US Securities and Exchange Commission (SEC) in an Ask-me-Anything (AMA) session. The theory, known as E…
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1 year, 1 month agoShiba Inu Community Warned About Misleading Emails and Unofficial LinkedIn Account
The Shiba Inu community has been warned about fraudulent emails and an unofficial LinkedIn account. Shibarmy Scam Alerts advised caution and urged people not to open these deceptive messages. The Shiba Inu Telegram…
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1 year, 1 month agoJapanese Consortium DeCurret Holdings to Launch Digital Currency DCJPY in 2024
DeCurret Holdings, a group of Japanese companies, has published a White Paper outlining its plans to launch a digital currency project called DCJPY in July 2024. The project will consist of two areas: the Financial…
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1 year, 1 month agoCoinbase Spot Trading Volume Drops by Over 50% in Q3 2023, Gains Market Share Amidst Binance Scrutiny
The spot trading volume of Coinbase, one of the largest crypto exchanges in the United States, has experienced a significant decline, dropping by over 50%. This decline indicates a shift in interest in crypto…
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1 year, 1 month agoAlameda Research's Negligence Leads to $200M Loss in Security Breaches
Former engineer at Alameda Research, Aditya Baradwaj, has revealed how lax security practices at the company led to losses of nearly $200 million. Baradwaj disclosed that founder Sam Bankman-Fried prioritized rapid…
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1 year, 1 month agoARK Invest/21Shares Updates Bitcoin ETF Prospectus in Response to SEC Comments
ARK Invest/21Shares has submitted an updated version of its spot Bitcoin Exchange-Traded Fund (ETF) prospectus, indicating a significant step forward in the approval process. The move comes after the SEC reached…
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1 year, 1 month agoBarnBridge DAO Votes to Comply with SEC Demands and Appoints Delegates
BarnBridge, a decentralized autonomous organization (DAO), has unanimously decided to comply with potential demands from the United States Securities Exchange Commission (SEC). The DAO’s members voted to pay f…
