The infamous yacht, whose name was inspired by the meme coin Dogecoin, was purchased by Kyle Davies and Su Zhu last year, but the two never got to use it.
Financial losses relating to digital assets reported to Action Fraud between October 2021 and September 2022 jumped to £226 million ($273 million)—well more than those reported for general fraud.
Digital Currency Group boss Barry Silbert has issued a note to shareholders, noting the “difficult industry conditions” plaguing the digital asset sector.
Bitcoin influencer and historian Kurt Wuckert Jr. joined Lisa Kennedy on FOX Business to talk about the recent FTX collapse, Sam Bankman-Fried, and what it means for the industry at large.
The safety of using centralized exchanges has been questioned following Deribit's hot wallet hack, which was tallied at $28 million worth of tokens, an amount the trading firm said it would cover.
Confirming that it was in possession of the digital collectibles, Teneo revealed that it would begin selling the NFTs at a fair market value.
Facing numerous crossroads, FTX.US President Brett Harrison decides to make a company exit, surprising staffers but not FTX chief SBF who said that his move had been "in the works for a while."
Su Zhu has resurfaced in Thailand to defend himself and Three Arrows Capital, saying liquidators are misleading the court, even as a court sided with them.
The protracted collapse of Three Arrows Capital (3AC) is being treated a sign of great sickness within the digital asset industry—and it should be.
The U.S. Securities and Exchange Commission is probing Coinbase again just a week after its debacle with the company's former employee, who was accused of insider trading.
The bankruptcy of ‘crypto’ hedge fund Three Arrows Capital (3AC) continues to rock the wider digital asset sector, threatening an ever-widening pool of companies that put their trust in a pair of scammers.