Rony Roy
Grayscale Set to File Next Brief in Ongoing Lawsuit with SEC
According to a tweet from Grayscale’s chief legal officer Craig Salm, the asset manager is set to file the next brief in its ongoing lawsuit with the United State Securities...
BUSD Reportedly Lost Peg Multiple Times; No Users Impacted: Binance
According to a recent report, cryptocurrency exchange Binance acknowledged on Tuesday that a bug in its system resulted in at least $1 billion in under-collateralization of BUSD, one of the...
Research Claims Huobi Lost Significant Market Share Since 2020
New research claims that cryptocurrency exchange Huobi has seen an 18% decline in market share since 2020. Meanwhile, the exchange’s native stablecoin USDD has continued to trade below its dollar...
Binance Under Scrutiny as Prosecutors Probe Hedge Fund Connection
The U.S. attorney’s office for the Western District of Washington has reportedly sent subpoenas to investment companies demanding documents of their conversations with Binance over the past several months. As...
Justin Sun Transfer $100 Million to Huobi to Boost Confidence
The crypto tycoon and creator of Tron, Justin Sun, moved $100 million worth of his stablecoins to his crypto exchange Huobi after announcing that the exchange was laying off employees....
NFT Trading Volume Rises in a Backdrop of Market Slump
As 2023 begins, NFT trading volumes seem to be on the rise despite the continued market downturn. According to data from NFTGO, January 5 saw a record-breaking 32,000 ETH traded...
Lawmaker Proposes Digital Hong Kong Dollar Be Issued as Stablecoin
According to Wu Jiezhuang, a member of the e Hong Kong Legislative Council, developing the nation’s digital Hong Kong dollar into a stable currency could offer a slew of benefits...
Goobers NFT Collection Tanks as Founder Says He Gambled Away Funds
DNP3, a popular Twitch broadcaster who has founded many cryptocurrency projects like The Goobers NFT, the Gridcraft Network metaverse platform, and the CluCoin coin for philanthropic activities, acknowledged on Tuesday...
Top Ethereum Whales Grab Shiba Inu Ahead of Shibarium Launch
Ethereum whales are buying up large amounts of Shiba Inu (SHIB), driving up the price. The community anticipates a dramatic increase in SHIB burn and utility on the chain in...
Bitcoin and Ethereum Adjusted On-Chain Volume Drops to New Lows
According to data shared by The Block’s research, the combined adjusted on-chain volume of Bitcoin and Ethereum fell by nearly 50% in the month of December. As the fallout from...
Crypto Market Sees Massive Drop of Trading Volume in 2022
CryptoCompare data has revealed that daily crypto transaction volumes fell sharply in December 2022. On November 8, the global crypto trade volumes peaked at around $115.33 billion. This number dropped...
Polygon Surpasses Ethereum and Solana in terms of NFT Users
According to data from the analytics platform Nansen, Polygon’s NFT market is currently experiencing significantly increased adoption, bringing it closer to Ethereum in terms of numbers. Meanwhile, NFT ecosystems on...
Investors Sue Winklevoss Twins Over “Unregistered” Gemini Earn
According to Bloomberg, a class action lawsuit has been filed against Gemini Trust Co. and its founders, Tyler and Cameron Winklevoss, on allegations that the cryptocurrency exchange unlawfully issued interest-bearing...
Celebrity Endorsements in Cryptocurrency Have Backfired in 2022
According to a Bloomberg story, the collapse of cryptocurrency has affected not just retail traders but numerous celebrity endorsers. The report said that nearly all endorsers had experienced financial losses...
Crypto Community Concerned as Real Dog behind Dogecoin Falls Sick
Atsuko Sat, a Japanese kindergarten teacher and Kabosu’s owner, posted on Instagram on December 26 and shared the post on Twitter, saying in Japanese that the Shiba Inu dog behind...
FTX Crash Wipes Out 10 Billionaires off the Crypto Billionaires List
Forbes estimates that over the previous nine months, $116 billion has been lost by founders and investors due to the bear market and the wave of bankruptcies in the crypto...
Peter Schiff Mocks SBF, Says More Crypto Millionaires to be Affected
Famous gold bug and economist Peter Schiff has criticized the cryptocurrency industry once again, this time mocking former FTX CEO, Sam Bankman Fried. In a December 23 tweet, the American...
Do Kwon’s Partners in Crime See their Assets Frozen in South Korea
According to local news outlets, a South Korean court has granted a plea by local prosecutors to freeze the assets of seven former partners of Terraform Labs Pte. Ltd. at...
Busan City Reveals Steering Committee for its Crypto Exchange
On Monday, Busan, South Korea, unveiled the members of the steering committee that would guide the development of the city’s flagship digital asset exchange. However, the announcement doesn’t mention any...
Cardano’s Charles Hoskinson Slams XRP Community for Toxic Comments
Cardano founder Charles Hoskinson has stated that he will no longer discuss Ripple or its native coin, XRP, due to the nasty insults he has received from the community. During...
Guggenheim Partners CIO Expects Further Crypto Market Meltdown
Guggenheim Partners’ Chief Investment Officer Scott Minerd has warned investors following the demise of the FTX cryptocurrency exchange and what appears to be a broader meltdown of cryptocurrencies. According to...
Gemini Users Shed Light as Exchange Blames Third Party for Leak
Cryptocurrency trading platform Gemini disclosed on December 14 that some of its users had fallen victim to phishing attacks. It said they were the “result of an incident at a...
Australian Regulators Eye Cryptocurrency Regulations in 2023
Today, the Australian government announced that it is taking adequate measures to tighten regulation for crypto service providers. As such, Australian regulators plan to publish a consultation paper in early...
Binance User Expresses Privacy Concerns After Account Suspension
Binance’s CEO, Changpeng Zhao, is still at odds with crypto investor and futures trader Coinmamba, who claims the exchange and Zhao did nothing to help him recover funds he claims...
Curve Pool at Risk Following Tron’s USDD Losing $1 Peg
Stablecoins continue to destabilize the cryptocurrency market, and the latest to drop from its $1 mark is Tron’s algorithmic stablecoin USDD. At the time of writing, USDD is trading at...
