Abdulkarim Abdulwahab
Grayscale Contemplates Refunding Shareholders 20% of its $10B Value
The publicly traded investment vehicle, Grayscale Bitcoin Trust (GBTC), is contemplating new options to refund shareholders’ capital if it fails to transform into an exchange-traded fund (ETF). According to Wall...
Ex-Celsius Employee Shares Implicating Document About Former CEO
A supposed former employee of the bankrupt crypto lender Celsius has divulged an implicating copy of the transaction histories of Celsius’ former CEO, Alex Mashinsky, dating back to 2018. Tiffany...
3AC Withdraws 2,000 ETH from Binance, Now Holds 6,595 ETH
The bankrupt crypto hedge fund broker Three Arrows Capital (3AC) has been actively transacting millions of dollars in the last few weeks. Early today, the on-chain tracker, Lookonchain, reported that...
Celsius Lawyers, Advisors Want $52 Million for 4 Months’ Work
As the bankruptcy proceedings of the embattled crypto lender Celsius lingers, its running cost continues climbing high. According to a Bloomberg report, attorneys, advisors, and specialists of the bankrupt crypto...
Binance CEO Advises Community to Exploit the Current Market Fear
The CEO of Binance, Changpeng Zhao, is stylishly telling the crypto community that buying crypto coins now at the low prices where most crypto enthusiasts are fateful could be a...
People Holding Bitcoin for the Last 5 Years Are Now in 34% Loss
The bears have won most of this year’s crypto market as the most popular crypto, Bitcoin (BTC), struggles to cross the $20k price point. According to the market intelligence platform,...
Binance Audited PoR Matches On-chain Data by 99% Says CryptoQuant
Data analytic firm, CryptoQuant, has attested to the audit reserve report published by the most significant crypto asset manager, Binance, using on-chain data. In a research post, the firm shared...
LINK Now in Top 10 Purchased List Among 100 Biggest ETH Whales
Chainlink (LINK) experienced an 8.18% price drop over the last 24 hours according to the crypto market tracking website, CoinMarketCap. As a result, the altcoin now trades at around $5.95...
Celsius Seeks Another Deadline To Complete Bidding Proposals
The committee representing the interests of unsecured creditors in the bankruptcy case of the defunct crypto lender, Celsius, wanted to extend the bid dates to allow for more negotiations with...
Binance CEO Is Bullish About What Trump’s NTF Signifies for Crypto
The CEO of Binance, Changpeng Zhao, believes the era of massive crypto adoption is getting closer as the staunch crypto hater and former president of the United States, Donald Trump,...
Ripple CTO Describes Binance Critic Kevin O’Leary as Shameless
David Schwartz, the chief technology officer (CTO) of the Ripple blockchain, reacted bitterly to a claim by the popular Canadian businessman Kevin O’Leary, who testified yesterday before the US Senate...
AXS, MANA, Among Top-performing Metaverse Coins in Last 24 Hours
The global crypto market saw a $27 billion inflow in the last 24 hours, and the utility coins of the Metaverse took a substantial part of the increase. The current...
Coinbase Promotes Self-custody App as Its Binance Rivalry Faces FUD
Recently, the crypto community has been awash with FUD and panic messages, especially against Binance, the largest crypto exchange by market cap. Coinbase, a close competitor, has promptly seized the...
SEC Officially Indicts Bankman-Fried of $1.8 Billion Crypto Heist
The Securities and Exchange Commission (SEC) of the United States has officially accused Sam Bankman-Fried (SBF), the former CEO of FTX, of defrauding 90 US-based investors of over $1.8 billion...
Crypto Twitter Raises Eyebrows as Justin Sun Moves Funds in 24hrs
The founder of the TRON blockchain, Justin Sun, has been moving huge funds across various crypto businesses. The crypto community has begun raising eyebrows at the unusual transactions. Today, Sun...
Thailand SEC To Unveil Stricter Rules for Crypto Asset Managers
According to a local media report, Thailand’s Securities and Exchange Commission (SEC) is designing a new process to improve digital asset governance, including more stringent regulations to increase investor protection....
Trades Above $100k on Shiba Inu Jump by Record 300% in 24 Hours
According to data from on-chain analytics firm, IntoTheBlock, large-scale transactions on one of the most popular meme token, Shiba Inu (SHIB), has seen a sudden 300% rise in the last...
Justin Sun Adds Fund to USDD; Community Still Feels USDD is Unsafe
The Tron DAO algorithmic stablecoin USDD is yet to return to its $1 peg after slipping since November 9, 2022. Recently, Justin Sun, the Chinese founder of the Tron blockchain,...
Chinese Regulator Drafts New Requirements for Licensed Crypto Firms
A Chinese digital asset regulator has expressed contempt at the recent bankruptcy of the FTX crypto exchange, given that it affected other virtual asset businesses in China. It also described...
Chinese Police Arrest 63 Thieves Who Moved ¥12 Billion via Crypto
According to a Chinese report, the Public Security Bureau of Tongliao City has successfully apprehended a money laundering gang responsible for siphoning over 12 billion Yuan, equivalent to $1.7 billion,...
SBF’s Parents Withdraw from Teaching at Stanford Law School
The monumental failure of the FTX crypto exchange may have started telling on the families of its founder Sam Bankman-Fried (SBF). According to a university press, Stanford Law professors Joseph...
ETH Gas Fee Soars to 222 Gwei as Binance Consolidates ETH Wallets
Ultrasound.Money data shows that the ETH gas fee has soared to 222 Gwei. The increase happened as Binance began its proof-of-reserve checks for Ethereum. A global audit firm confirmed Binance...
Crypto Influencer WhaleChart Spreads FUD Against Gemini Exchange
Crypto influencer claims Gemini has below $100 million worth of stablecoins left. The poster quoted no reliable data, but the crypto community found them believable. FUD mongers previously claimed KuCoin...
CNBC Trader Wants To Team with Binance CEO To Issue New FTT Coin
Crypto trader suggests a new FTT token issuance for affected FTX creditors and depositors. He calls CEOs of Binance and Bybit to support the cause. Sam Bankman-Fried, former CEO of...
FTX Japan Gets Three Months Deadline to Sort Customer Withdrawals
Japan authorities gave FTX Japan approval to work for three months more. FTX Japan’s previous business suspension order will take effect from March 2023. The Japanese subsidiary is one of...
