Rawan Alamin
On-Chain Detector ZachXBT Uncovers $27M Crypto Theft in Recent Hack
On-chain detective ZachXBT shared a recent hack that occurred in which a victim lost approximately $27 million. The hack took place on November 11, and when ZachXBT shared the news...
JPMorgan Launches Blockchain-Based Programmable Payments System
JPMorgan launched a programmable payments system using blockchain that would allow companies to make payments automatically. According to Bloomberg, JPMorgan Chase and Co.’s new programmable system would give clients the...
US Senator Introduces Bill To Protect Crypto Ownership Rights
U.S. Senator Ted Budd has introduced a new bill to protect citizens’ rights to self-custody cryptocurrencies. The Keep Your Coins Act bill was introduced to the Senate and House of...
US Rep. Criticizes Gensler’s Approach With Amendment Limiting SEC Crypto Action
U.S. Republican House Majority Whip Tom Emmer stated that U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is “as ineffective as he is incompetent.” The Republican shared that his...
John Deaton Discusses Sam Bankman-Fried Trial and Implications for the Industry
John Deaton, lawyer and founder of Crypto Law, welcomed crypto reporter Wendy O on his Crypto Law show. The two discussed Sam Bankman’s Fried trial, others who were involved in...
The Simpsons Halloween Special Roasts NFTs and Their ‘FOMO’ Driven Value
The American animated sitcom The Simpsons recently released a Halloween special episode that made several references to Non-Fungible-Tokens (NFTs) and their overhype. The episode, which was released on November 5,...
Sam Bankman-Fried Convicted Guilty on Seven Criminal Counts
Sam Bankman-Fried has been found guilty on all seven criminal counts against him. On Thursday, November 2, the jury convicted Bankman-Fried of wire fraud and conspiracy to commit wire fraud...
SEC Charges SafeMoon and Executives for Unregistered Sale of Crypto
The U.S. Securities and Exchange Commission (SEC) has charged crypto and blockchain company SafeMoon, its founder Kyle Nagy, CEO John Karony, and Chief Technology Officer Thomas Smith for offering the...
Prosecutors Expose SBF’s Testimony Contradictions in Court
The trial of Sam Bankman Fried took an interesting turn when SBF himself decided to testify. So far, many reporters have shared that Bankman Fried was being evasive and claiming...
Taiwan Police Uncovers Major Crypto Scam Involving 320 Million USDT
Taiwan’s Criminal Bureau’s Electronic Investigation Team uncovered one of the largest crypto money laundering cases, involving 320 million USDT. The suspects often traveled to other countries to communicate with local...
Neo Introduces EVM-Compatible Sidechain to Combat MEV Attacks
Neo’s sidechain development has had a significant impact on the Neo token’s market performance. The sidechain aims to create a more secure and equitable environment for users in the DeFi...
Arbitrum Unveils Orbit: Enabling Developers to Build Self-Managed Chains
The Arbitrum Foundation has announced the launch of Arbitrum Orbit, a new product offering that allows developers to create their own self-managed Arbitrum Rollup and AnyTrust chains. According to Arbitrum’s...
MoonPay Teams up With Mastercard To Elevate Web3 Innovations
MoonPay collaborates with Mastercard to incorporate additional Web3 technologies to enhance experiential marketing. MoonPay, a crypto payment service, shared on its website that it is teaming up with Mastercard to...
Analysts Predict Bitcoin’s Value Will Range Between $42K and $250K
The whole crypto community is anticipating the approval of the Bitcoin Spot ETF applications, and some companies shared their predictions about the price of Bitcoin if the applications were approved....
Is HKVAEX a Binance Affiliate or a Standalone Hong Kong Exchange?
Crypto exchange Binance has established a new crypto trading platform in Hong Kong, HKVAEX. The exchange has announced its intention to apply for a compliance license in Hong Kong, according...
HayCoin’s Price Reaches $4.5M Days After Uniswap CEO Burns 99% Of Tokens
Hayden Adams, creator and CEO of Uniswap, burned 99% of the total HayCoin (HAY) supply, leading the coin to reach its all-time high of $4,532,822 on October 22. According to...
US Fed Chair Says Recent Data Shows Progress Towards Economic Goals
According to Federal Reserve Chair Jerome Powel, the U.S. economy’s strength and the country’s ongoing tight labor markets may necessitate stricter lending requirements to control inflation. Recent economic figures show...
Global Banking Regulators Introduce New Rules for Crypto Asset Disclosure
The Basel Committee of Banking, regulated by the world’s main financial centers, proposed a standardized format for major banks to disclose their holdings of crypto assets. The proposal would be...
Sam Bankman-Fried Spent Customer Funds Excessively; SBF Trial Reveals
The latest witness in Sam Bankman-Fried’s trial was former FTX Head of Engineering Nishad Singh, who claimed that Bankman-Fried was using customer funds to “fuel his spending spree.” Laura Shin,...
FTX and Alameda Behind BlockFi’s Bankruptcy, SBF Trial Continues
The trial of Sam Bankman-Fried continued with Zac Prince, former chief executive officer of defunct crypto lender BlockFi. BlockFi was one of Alameda Research’s lenders, and the bankruptcy of FTX...
HKVAC Replaces USDC with XRP in Top 5 Global Crypto Index
XRP replaced USDC in the Cryptocurrency Global Large Top Five Index. HKVAC added HBAR, MKR, and QNT to the Global Large Cryptocurrency Index. Hong Kong’s Index Company, HKVAC, announced updates...
US Rep. Challenges SEC’s Transparency in Letter to Chairman Gensler
Eleanor Terrett, a journalist, shared a letter sent from United States Representative James Comer to Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), addressing Gensler’s actions of...
Tangible Faces Crisis as USDR Stablecoin Crashes: What’s Next?
Tangible, an ecosystem for tokenized real-world assets, suffered from the crash of its stablecoin, Real USD (USDR). The stablecoin is a native yield stablecoin backed by real estate, but Tangible...
Inside SBF’s Trial: How Caroline Ellison and SBF Defrauded Customers
Following the ongoing legal case of Sam Bankman-Fried, on day five of the trial, Caroline Ellison, former CEO of Alameda Research and SBF’s former partner, testified against him. Ellison’s trial...
Hamas Crypto Funding Sparks Controversy as Coinbase CLO Takes a Stand
Following the recent escalation between Hamas and Israel, Coinbase‘s Chief Legal Officer Paul Grewal condemned the idea of a fund to support the Palestinian resistance movement Hamas. Hamas launched an...
