Collins Adane
Bankruptcy Court Approves Core Scientific’s $70 Million Financing
Bitcoin mining firm, Core Scientific, has received the bankruptcy court’s nod to go ahead with its multi-million financing deal with B. Riley Commercial Capital LLC, a subsidiary of the middle...
Pro-Russia Groups Soliciting Crypto Donations: Report
A recent report by blockchain intelligence firm Chainalysis took a closer look at the role of cryptocurrencies in the war between Russia and Ukraine. One year into the Russian invasion...
NFT Whale Machi Liquidates 1010 NFTs Worth $17 Million
Popular NFT whale Machi Big Brother has reportedly liquidated more than a thousand NFTs from his massive collection of digital artworks over the past 48 hours. A massive sale was...
Binance.US Acquisition of Voyager Assets Faces Regulatory Opposition
Binance.US’s plans to acquire defunct crypto lender Voyager assets for $1.02 billion has hit a significant roadblock, as New York and U.S. federal financial regulators oppose the deal. The Securities...
BIS: 2022’s Crypto Crash Had Little Impact On Traditional Finance
A recent report by the Bank of International Settlements (BIS) found that the turmoil in the crypto market last year had little impact on the broader financial conditions. Market data...
Join BC.GAME’s RIO Carnival for a Chance to Win Up to $1,200,000
BC.GAME is teaming up with its brand new ambassador, Brazilian professional footballer David Luiz, to bring RIO Carnival to the community of crypto casino players. With a whopping $1.2 million...
On-Chain Sleuth Identifies $8 Million Platypus Hacker Within Hours
Popular on-chain sleuth ZachXBT has reportedly uncovered the identity of the attacker responsible for the recent exploit on Platypus Finance’s dollar-pegged stablecoin. According to a Twitter thread by the on-chain...
Nomura’s Laser Digital Ventures in Infinity DeFi Lending Protocol
The digital asset division of Nomura Holdings, Inc., known as Laser Digital, has invested in Infinity, a decentralized finance protocol for institutional lending and borrowing. According to a joint statement...
Solana NFT Platform Magic Eden Dismisses 22 Staff Members
Magic Eden, the leading Solana NFT platform, has announced the layoff of its 22 staff members. As the crypto economy continues to struggle with the harsh winter, MagicEden cited the...
Blockchain Association Files Amicus Brief in Insider trading Case
The Blockchain Association previously stated that it had submitted an amicus brief in the complaint that the United States Securities and Exchange Commission (SEC) has brought against three persons for...
dydx Community Set To Vote On 45% Reduction In Trading Rewards
The dydx community is set to begin voting on a major proposal posted on the layer 2 protocol’s governance forum. The proposal was introduced by Callen Van Den Elst, the...
UAE Bank Launches Financial Infrastructure Transformation Program
The Central Bank of the UAE (CBUAE) has launched the Financial Infrastructure Transformation Programme (FIT). The FIT Programme has included nine key digital finance initiatives aimed at the acceleration of...
NYDFS Orders Paxos To Stop Issuing Binance USD Stablecoin
The New York Department of Financial Services (NYDFS) has reportedly ordered Paxos to stop mining new Binance USD (BUSD) stablecoins. The order to stop issuing BUSD comes just hours after...
TMRW Conference Completed Its Spectacular Debut in Dubai
TMRW conference powered by 2142, the largest emerging tech event, just delivered its groundbreaking debut edition in Dubai. More than 2,000 visitors and 10,000 online viewers from all over the...
BUSD Issuer Paxos Faces SEC Lawsuit Over Binance Stablecoin
Paxos Trust Company, the issuer of the world’s third-largest stablecoin, is reportedly facing a lawsuit from the Securities and Exchange Commission (SEC). According to a recent report, the crypto firm...
CleanSpark To Continue Acquisition Spree Amid Bear Market
US-based CleanSpark recently released its financial report for the first quarter of 2023. During the earnings call, the Bitcoin miner’s executives revealed that the company was optimistic about the year...
50% of USDT is on Tron, Has Been Growing: Crypto Analyst
Founder of Dynamo Defi Analytical Space Patrick Dynamo Defi has tweeted about the blockchain-based platform Tron’s performance. According to his tweet, “more than 50% of USDT,” was present on the...
ZachXBT’s Scam Investigation Leads To $260k FBI Seizure
Popular on-chain detective ZachXBT announced on Twitter recently that his efforts to track and investigate Chase Senecal, a well known online phishing scammer had led to his assets being seized...
NFTfi hits all-time highs for volume, number of loans and borrowers
Despite the ongoing bear market, NFT lending platform NFTfi has hit all-time highs in January for volume (ETH), number of loans, and numbers of borrowers and lenders. General Partner of...
Core Scientific and NYDIG Agree To Settle $38.6 Million Debt
Crypto mining firm Core Scientific has reached an agreement with the New York Digital Investment Group (NYDIG) to settle an outstanding debt of $38.6 million in exchange for crypto mining...
BonqDAO Exploiter Launders $2 Million Through Tornado Cash
The exploiter responsible for the $120 million attack on BonqDAO has started routing the stolen funds through mixing and swapping services. The Bonq protocol lost millions yesterday following an oracle...
Toyota Taps Astar Network Hackathon to Test Blockchain Use Cases
The world’s largest automaker, Toyota, is conducting an empirical investigation into the applications of blockchain technology. As part of this effort, the company sponsors a Web3 hackathon on the multi-chain...
Funds Lost To Crypto Exploits Are Down 92% Year-on-Year
On-chain intelligence firm PeckShield recently published the crypto exploits statistics for January 2023. The first month of the year saw $8.8 million lost to 24 crypto exploits. While $8.8 million...
Bug in Flare Network Leaves Unclaimed User Rewards Unclaimable
A network glitch was discovered on the FTSO Reward Manager contract on Flare Network. The FTSO contract has been now deactivated and replaced by a new one. Although the contract...
Coinbase Wallet Unveils New Features For Safer Web3 Experience
American crypto exchange Coinbase has unveiled a series of features for its wallet to make web3 exploration safer for its users. The new features focus on increased transparency, enhanced protection,...
