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Business

Celsius owned the assets in Earn accounts, not the users, judge rules
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10 January, 2023

Celsius owned the assets in Earn accounts, not the users, judge rules

Pre-bankruptcy, Celsius held $4.2 billion for 600,000 users in Earn accounts, digital assets which the judge ruled it legally owns...
SEC charges former SPAC CFO over $5M digital asset-related scam
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10 January, 2023

SEC charges former SPAC CFO over $5M digital asset-related scam

SEC claims that Cooper J. Morgenthau stole over $5 million from African Gold Acquisition Corp., which he used to purchase...
Genesis Trading lays off 30% of staff following spillover of industry catastrophes
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10 January, 2023

Genesis Trading lays off 30% of staff following spillover of industry catastrophes

A Wall Street Journal report suggests the layoffs could be as high as 60 individuals, with insiders with knowledge of...
ECB seeking stakeholder input on the digital euro rulebook
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10 January, 2023

ECB seeking stakeholder input on the digital euro rulebook

The European Central Bank officially opened the application for those interested in joining the Rulebook Development Group, with the application...
Wyre limits user withdrawals amid claims of pending shutdown
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10 January, 2023

Wyre limits user withdrawals amid claims of pending shutdown

The digital asset payments firm will limit users to withdrawing 90% of their funds as it explores “strategic options” amid...
Scammers exploit NFT marketplace Magic Eden to sell fake NFTs
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10 January, 2023

Scammers exploit NFT marketplace Magic Eden to sell fake NFTs

The exploit allowed the scammers to target popular collections like y00ts and ABC, making thousands of dollars; Magic Eden pledged...
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