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US DOJ Seizes A Record $3.36 Billion From Decade-Old Bitcoin Heist

Brendan Brown -
The US Attorney’s Office of The Southern District of New York confirmed in an official DOJ press release on November 7, that the office had seized $3.36 Billion valued in stolen Bitcoin assets related to the Silk Road marketplace....

BTC Surges Past $21k Just Days After The Fed Imposes Another Rate Hike

Brendan Brown -
Usually, when the Federal Reserve chairman speaks following another consecutive FOMC meeting where the decision to combat elevated inflation rates by raising the federal funds rate is made, the market responds by doing the same and tightening its belt....

SEC rejects WisdomTree’s Spot Bitcoin ETF, Again

Alex Zayago -
In recent Bitcoin News, The U.S. Securities and Exchange Commission (SEC) has once again rejected WisdomTree's application for a spot bitcoin ETF, saying it does not have sufficient investor protections. This comes after the SEC rejected Grayscale's application to...

Bitcoin Unable To Breakout So Far In Q4

Brendan Brown -
Bitcoin and the entire cryptocurrency market have endured an extended bearish market through most of 2022. However, as the fourth quarter approached it offered many Bitcoin investors and traders, and individuals across the crypto market, hope for a potential...

Citron Research’s Stance On Ethereum Remains Bearish

Alex Zayago -
In the latest Ethereum crypto news, Citron Research, a leading U.S. short-seller, shared its views on the FTX story on Twitter. Citron stated, "We continue to be short ETHER as we believe this $130 bil token has as many...

Ethereum Founder Vitalik Buterin Concerned About Musk Twitter Takeover

Alex Zayago -
In the latest blockchain news, Elon Musk is now "Chief Twit," after finalizing a months-long buyout agreement for Twitter. Musk, also the CEO of Tesla and SpaceX, and has brought on several consultants from the crypto industry as he...

New Data Shows BNB Chain, Ethereum Awash with Scams

Tate Mitchell -
It’s no secret that the cryptoverse has become a hotbed for scams, but just how many money-grabbing schemes are actually out there? The answer: probably more than you think. New data hailing from crypto risk-surveillance startup Solidus Labs reveals nearly...

T-Mobile Parent Company To Launch Ethereum Staking Validator Nodes

Alex Zayago -
According to a new press release by T-Mobile's parent company, Deutsche Telekom, the telecommunications giant will be partaking in Ethereum staking by launching a staking validator node through its subsidiary, T-Systems MMS. T-Systems MMS, T-Mobile's sister company, has partnered with...

Court Orders SEC To Hand Over Key Documents In Ripple Lawsuit

Alex Zayago -
In the latest installment of XRP Lawsuit News, Ripple Labs has scored a minor victory in its lengthy lawsuit with the Securities Exchange Commission (SEC) by obtaining key documents that may aid Ripple in its litigation against the regulator. Ripple...

Ripple Labs Launches Test Phase Of New EVM-Compatible Sidechain

Brendan Brown -
In a tweet shared by blockchain development firm Peersyst Technology on October 17, it was confirmed that a devnet version of an EVM-compatible XRP Ledger sidechain had been launched. The XRP Ledger devnet is essentially a test environment for...

Blockchain News

Liquidators Seize Over $35 Million From Singaporean Banks In Three Arrows Capital Bankruptcy 

Brendan Brown -
On the first Friday of December, the latest crypto news surrounding the ongoing story of Three Arrows Capital’s bankruptcy proceedings revealed that liquidators successfully seized $35.6 Million USD from accounts belonging to the firm that was held in Singapore-based...

FTX Appears In Court For The First Time Since Collapse

Alex Zayago -
FTX has had its first hearing in Delaware's bankruptcy court since the cryptocurrency exchange FTX declared bankruptcy earlier this month after crypto news came to light that Alameda Research, an FTX-founded hedge fund, used the FTX-issued FTT token to...

Crypto Projects Gear Up As FIFA World Cup Begins

Alex Zayago -
In the latest crypto news, Crypto projects are gearing up for a surge in popularity with the opening of the FIFA World Cup, which is currently being held in Qatar, and it is expected that 60% of the world's...

World’s Largest Publicly Traded Investment Company To Launch Crypto Hedge Fund By Year’s End

Brendan Brown -
In recent crypto news today, Man Group, the largest publicly traded investment company and asset manager in the world, revealed plans to launch a crypto hedge fund by the end of this year. Man Group represents the largest public investment...

Stablecoin News

Binance And OKX Suspend Support For Solana-Based Stablescoins Amid FTX Crash

Alex Zayago -
In the latest crypto news, Binance and OKX, two prominent cryptocurrency exchanges, announced separate blog posts on Thursday that they had suspended support for the Solana versions of two of the largest stablecoins, Circle's USDC and Tether's USDT. Both exchanges...

Tether Reports Zero-Remaining Commercial Paper Holdings

Brendan Brown -
Tether Limited Inc, the company responsible for bringing the stablecoin ecosystem USDT to life, announced on Thursday, October 13, that it had reduced its paper holdings to zero. A mixed combination of cash reserves, paper holdings and US Treasury...

Official Shiba Eternity Download Day Arrives

Brendan Brown -
The official “download day” for Shiba Eternity mobile-app game has finally arrived. The global release date has been long anticipated by many of the Shib Army community members. The...

Tether freezes $46 Million FTX-held USDT On Behalf of Law Enforcement

Alex Zayago -
In the latest crypto news, Tether began freezing FTX's USDT at the request of law enforcement authorities during an investigation.  According to on-chain data, an unknown address with a balance...

Altcoin News

Dogecoin Shows Volatility Behind Musk-Twitter Upside

Brendan Brown -
In the latest crypto news surrounding the recent acquisition of social media giant Twitter just last week, the popular meme coin, Dogecoin ($DOGE), rallied to a recent high of almost $.15 on Saturday, October 29. Dogecoin made the move...

FEG Token Affected By Team Finance Exploit

Alex Zayago -
In the latest Altcoin News, the decentralized finance (DeFi) lockup protocol Team Finance announced that approximately $15 million in tokens were exploited on its platform via the Uniswap v2 to v3 migration function. The hacker transferred liquidity from Uniswap...

Court Orders SEC To Hand Over Key Documents In Ripple Lawsuit

Alex Zayago -
In the latest installment of XRP Lawsuit News, Ripple Labs has scored a minor victory in its lengthy lawsuit with the Securities Exchange Commission (SEC) by obtaining key documents that may aid Ripple in its litigation against the regulator. Ripple...

Ripple Labs Launches Test Phase Of New EVM-Compatible Sidechain

Brendan Brown -
In a tweet shared by blockchain development firm Peersyst Technology on October 17, it was confirmed that a devnet version of an EVM-compatible XRP Ledger sidechain had been launched. The XRP Ledger devnet is essentially a test environment for...

All News

Crypto Lending Platform Genesis Suspends Withdrawals Due To FTX Exposure

Alex Zayago -
In the latest crypto news, Genesis Trading, a market maker and lender owned by Digital Currency Group (DCG), held a 10-minute conference call with all creditors and customers. During the meeting, Genesis announced that its lending arm, Genesis Global...

FTX Suggests SBF Transferred Assets To Bahamas Post-Bankruptcy Filing

Brendan Brown -
On Thursday news surfaced that bankrupt crypto exchange FTX alleged former CEO Sam Bankman-Fried transferred assets to the Bahamian government after they had been placed under custody through the company’s chapter 11 bankruptcy filing. The claim was alleged to...

Binance And OKX Suspend Support For Solana-Based Stablescoins Amid FTX Crash

Alex Zayago -
In the latest crypto news, Binance and OKX, two prominent cryptocurrency exchanges, announced separate blog posts on Thursday that they had suspended support for the Solana versions of two of the largest stablecoins, Circle's USDC and Tether's USDT. Both exchanges...

Mastercard, Citigroup, et al Move To Test Digital Money Platform

Brendan Brown -
It recently came to light that several of the largest players in the traditional finance sector, including Citigroup and Wells Fargo, are joining together. The several named entities are coming together with the Federal Reserve Bank of New York...

Crypto Lender BlockFi Considering Bankruptcy After FTX Collapse

Alex Zayago -
According to insider sources, BlockFi has retained legal counsel to review a potential Chapter 11 bankruptcy filing in the latest crypto news. The company has sought help from Binance and is considering layoffs.  Withdrawals Suspended After FTX Collapse Last week, all...

Could The New Binance Recovery Fund Help Crypto Recover?

Brendan Brown -
Binance, the most active and the largest by-volume cryptocurrency exchange in the world, recently announced the formation of a recovery fund that is planned to assist strong decentralized projects that are having liquidity issues. This news comes as FTX...

FTX Collapse Under Investigation By U.S. Authorities

Alex Zayago -
In the latest crypto news, U.S. prosecutors in New York are looking into last week's FTX's collapse, which occurred after the cryptocurrency exchange filed for bankruptcy last week in response to a surge in customer withdrawals. Officials Call For Investigation...

Questions Persist Even After Crypto.com Explains Misdirected ETH Transfer

Brendan Brown -
On Monday, November 14, the recently battle-torn crypto market was met with more potentially difficult news to have to decipher and cut through when Crypto.com released details into a misdirected Ethereum transfer valued close to $350 million sent by...
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