FTX, a bankrupt cryptocurrency exchange, is seeking information on millions of dollars it had previously given to the Center for AI Safety (CAIS), a nonprofit organization. FTX claims to have given $6.5 million to CAIS before its collapse and bankruptcy. The exchange wants a court to approve subpoenas to CAIS to inquire about the payments, […]
In an effort to protect consumers, the UK Financial Conduct Authority (FCA) has issued a warning regarding common issues observed in promotions for crypto assets. The FCA has implemented a new marketing regime, asserting its authority over crypto promotions in the UK. The FCA has identified specific areas of concern since the new marketing rules […]
Sam Bankman-Fried’s trial is set to resume on October 27, with the prosecution bringing its final witnesses before resting its case. The prosecution initially expected the trial to conclude by October 30, but now believes it will take longer due to complications arising from Bankman-Fried’s testimony. The defense plans to re-examine the testimonies of Gary […]
Crypto-promoting firms in the United Kingdom have been found to be in breach of the country’s new crypto marketing rules on multiple occasions. According to the Financial Conduct Authority (FCA), these firms have violated the rules at least 221 times since they came into effect in early October. The FCA has identified three common issues […]
A company called Unciphered has offered to help former Ripple CTO Stefan Thomas recover more than 7,000 Bitcoin (BTC) that he has been unable to access for years. Thomas forgot the information needed to access an IronKey hard drive containing the Bitcoin, and he has used eight out of his ten attempts to enter the […]
Helsinki, the capital of Finland, is a vibrant city that has shown a growing interest in cryptocurrency and blockchain technology. The city has become a hub for crypto enthusiasts and is home to notable figures in the industry. One such figure is Martti Malmi, who made history by being the first person to sell Bitcoin […]
Maestrobots, a group of cryptocurrency bots on the Telegram messenger, has refunded users who were affected by an attack that resulted in the loss of 280 Ether (ETH), equivalent to $1,781. The Maestro team announced on X (formerly Twitter) that they have covered all user losses by paying a total of 610 ETH from their […]
In a significant bankruptcy settlement, non-U.S. creditors of the defunct FTX.com exchange may recover up to 90 percent of their assets. Legal battles have brought attention to alleged mismanagement of customer assets by FTX, with a focus on reaching a speedy settlement for asset return. Legal representatives are working on behalf of non-U.S. creditors to […]
Israel’s “Iron Dome” air defense system has protected the country from air attacks, but recently, Hamas fired over 2,000 rockets into Israel from the Gaza Strip. The financing behind this attack has raised questions, and it has been revealed that terror groups, including Hamas, Palestinian Islamic Jihad (PIJ), and Hezbollah, have received significant cryptocurrency funding. […]
Crypto exchange Coinbase has denied rumors that it has implemented a $5,000 per week limit on Bitcoin withdrawals. The rumors began after a user claimed on social media that they had encountered this restriction when trying to withdraw Bitcoin from Coinbase. However, a spokesperson from Coinbase stated that these claims were inaccurate and that there […]
