FTX Sues Investment Firm To Recover $700 Million Splurged By SBF
FTX has sued K5 Global to recover the $700 million invested in it by former CEO Sam Bankman-Fried. Bankman-Fried transferred vast...
Ethereum
Class Action Lawsuit Accuses Wintermute Of Helping Mashinsky Dupe Celsius Users
A class action lawsuit filed by Celsius investors has been amended to include crypto market maker Wintermute Trading. The lawsuit accused...
Belgian Regulator Orders Binance To Cease All Crypto Services
Belgium’s Financial Services and Markets Authority has ordered Binance to cease its operations in the country. The regulator has taken issue...
FDIC Documents Reveal Circle And Sequoia As SVB’s Top Depositors
Documents released by the FDIC revealed the top depositors at the failed Silicon Valley Bank. Venture capital giant Sequoia and stablecoin...
SEC To BlockFi In $50 Million Settlement Saga – Pay Debtors First
Summary: BlockFi received a temporary halt on its $50 million settlement payment to the U.S. Securities and Exchange Commission, per...
Prime Trust Suspends Withdrawals After BitGo Terminates Acquisition Deal
Crypto custodian Prime Trust suspended withdrawals and deposits earlier today. The suspension came after rival custodian BitGo terminated a deal to...
Yield Platform Haru Invest Offloads 100 Staff After Pausing Withdrawals
Summary: The South Korean crypto firm will fire 100 employees by Friday as the platform faces uncertain times, Haru Invest...
MakerDAO Diversifies Holdings By Purchasing $700 Million Of U.S. Treasuries
MakerDAO has purchased U.S. Treasury bonds worth a whopping $700 million. The DeFi protocol’s total Treasuries holdings now stand at $1.2...
Central Banks Pitch Standards For CBDCs & Stablecoins With Industry Giants
The Monetary Authority of Singapore has published a whitepaper in collaboration with other central banks and financial institutions. The central bank...
3AC’s Brain Child OPNX Announces New Ecosystem Partner 3AC Ventures
Summary: Su Zhu and Kyle Davies’s new crypto venture OPNX partners with a firm bearing a similar name to the...
Bitcoin Rallies Toward $29,000 Following BlackRock, WisdomTree, And Invesco ETF Plays
Summary: Bitcoin neared double-digit gain in the past 24 hours following ETF applications from giant TradFi players like BlackRock.BTC traded...
New Polygon Proposal Seeks To Make PoS Chain ZK Compatible
Polygon co-founder Mihailo Bjelic unveiled a new Polygon improvement proposal earlier today. The proposal seeks to upgrade Polygon’s proof of stake...
Gemini Picks Singapore For Asia-Pacific Hub, Plans To Increase Headcount By 100
Crypto exchange Gemini has selected Singapore to serve as the hub for its operations in the Asia Pacific region. The Winklevoss-owned...
Citadel & Fidelity Backed Crypto Exchange EDX Markets Goes Live
A crypto exchange backed by TradFi giants like Citadel and Fidelity has started operations. EDX Markets announced the launch of its...
Do Kwon Issued 4-Month Sentence By Montenegro Court For Faking Passport
A Montenegro Court sentenced TerraUSD creator Do Kwon to four months in jail for forging travel papers. The Terraform Labs...
