A few months ago, FTX CEO Sam Bankman-Fried was seen as a savior, but now some see him as a villain trying to corner the digital asset market by snapping up its failing projects at bargain prices.
Another controversy hits Celsius Network following a media outlet's exposé claiming that chief Alex Mashinsky had withdrawn $10 million from the platform before filing for bankruptcy protection.
The former Monero lead maintainer was extradited to South Africa from the U.S. earlier this month to face over 370 charges of fraud against his former employer.
BlockFi announced the new license this week, coming just a fortnight after the platform paid close to $1 million to the state’s regulator for securities violations.
Ethereum-based stablecoin "Bean," from the Beanstalk Farms DeFi platform, proved not-so-stable this week as an attacker exploited code in a flash loan contract to siphon off around $182 in value.
Leading Ethereum core developer Tim Beiko posted a response to a miner's question on Twitter last April 13, saying the upgrade date is unknown but definitely not in June.
The IMF says that El Salvador is at a heightened risk with its financial and market integrity, financial stability, and consumer protection, but President Nayib Bukele is unmoved.
The hackers launched at least seven attacks targeting exchanges and investment firms and laundered the money through an intricate web of DEXes and mixers.
Do Kwon's lawyers claim that their client agreed to submit to the deposition, which was requested by the SEC to take place in October, if it would happen in Montenegro, where he is currently jailed.
The liquidators from Teneo say the $1.3 billion is the figure reflecting the losses that Su Zhu and Kyle Davies racked up before Three Arrows Capital collapsed, Bloomberg reports.
Coinbase narrowly escaped massive losses, thanks to the rising fiat value of major tokens, but this isn't enough to save its revenue from plummeting as Wells notice from the SEC looms.
Amid regulatory challenges in the United States, Gemini sets its eyes on the APAC region, with India as its primary focus, a nation known for enforcing stringent regulations on the digital asset market.
