Industry
BlockFi vs FTX: Legal Battle Heats Up Over Repayment Dispute
Bankrupt cryptocurrency lender BlockFi is resisting the attempts of fellow bankrupt entities, FTX and Three Arrows Capital, to recover substantial funds to repayJerry McNeillSam Bankman-Fried's Jail Conditions Raise Concerns
Sam Bankman-Fried, the founder of FTX, is reportedly facing challenges in prison, struggling to maintain his vegan diet while dealing with a shortage of prescription drugs.James DeanAtomic Wallet Faces $100M Lawsuit After Cryptocurrency Hack
A class-action lawsuit has been initiated against Atomic Wallet by a group of cryptocurrency investors who were affected by the significant breach the walletCraig GreenGala's NFT Mystery Box: Where Gaming Meets Blockchain Fun
Many initial-generation blockchain games seem more focused on generating cryptocurrency revenue rather than providing an engaging gaming experience.James DeanSerial Numbers Dominate Bitcoin Transactions Despite Price Drop
Despite the recent drop in cryptocurrency prices and indications of waning excitement surrounding Bitcoin NFTs (non-fungible tokens),Barry StidhamPro-Crypto Candidate Takes Center Stage in First Republican Presidential Debate
A significant moment is approaching in the US political landscape as Republican candidates vying for the 2024 presidential nomination will engage in a debate for the first timeMartha GrizzardEmerging Markets Face Heightened Financial Risks Amid Cryptocurrency Surge
A recently released study from the Bank for International Settlements (BIS) has indicated that, contrary to expectations, cryptocurrenciesWayne IngramFTX Founder Sam Bankman-Fried Enters Not Guilty Plea in High-Stakes Fraud Case
Sam "SBF" Bankman-Fried, the former CEO and co-founder of FTX cryptocurrency exchange, has entered a plea of not guilty to the charges of fraud and money laundering iHallie GillSEC vs. Ripple Suit Spurs 3-Year XRP Adoption Surge
In December 2020, the US Securities and Exchange Commission (SEC) initiated a lawsuit against Ripple, resulting in XRP being stripped of support from various exchanges.Sherry CantwellMassive Cryptocurrency Seizure: South Korean City Cracks Down on Tax Evaders
Cheongju, the capital of South Korea's North Chungcheong Province, has revealed plans to seize cryptocurrencies from local residents who owe taxes.James DeanOpenSea Manager Sentenced: Insider Trading Leads to Jail Time and Fine
Former OpenSea product manager Nathaniel Chastain has been sentenced to three months in prison for wire fraud and money laundering linked to insider trading on the platformBarry StidhamCoin Center's Reply to Lawmakers: Cryptocurrency Tax Guidance Request Addressed
Coin Center, a cryptocurrency advocacy group, has submitted recommendations to US lawmakers for potential legislation concerning the taxation of digital assets.Craig GreenDeath of Shiba Inu's Meme: Cryptocurrency Community Reaction
Cheems Balltze, the beloved Shiba Inu known for the viral photo of him enjoying a cheeseburger, passed away on August 18 at the age of 12 due to cancer.Cornell RachelBinance Restricts European Withdrawals Due to Processor Issues
Binance, a major cryptocurrency exchange, is reportedly facing fiat withdrawal problems in Europe, particularly concerned transactions in the Single Euro Payments Area (SEPA)Martha GrizzardBitget Enforces KYC for Global Regulatory Compliance
Bitget, a cryptocurrency derivatives exchange based in Seychelles, is updating its know-your-customer (KYC) requirements to ensure compliance with global regulatory standards.James DeanCoinbase Raises Offers Despite Lukewarm Debt Repo Demand
Cryptocurrency exchange Coinbase has increased its offering for a debt buyback program worth $150 million after encountering lackluster demand. In an announcement made on August 21,Craig GreenFriend.tech Refutes Reports of 100,000 User Database Breach
The team behind the decentralized social media platform Friend.tech has refused a recent report that claimed the personal information of over 100,000 users had been "leaked."Christopher SmithEnigmatic Bitcoin Wallet Skyrockets to Third-Largest Holder in Just Three Months
In a span of just over three months, a mysterious Bitcoin wallet has surged to become the third-largest holder of Bitcoin globally, igniting intrigue and speculation about its origins.Cornell RachelUrgent Cyberattack Threat: Companies Face Hours to Defend, Warns Chief
Nikesh Arora, CEO of Palo Alto Networks, is issuing a call for companies to modernize their cybersecurity systems, cautioning that malicious actors are breaching company defenses at an increasingly accelerated rate.Wayne IngramUN Study: AI Won't Destroy Jobs, but Some Workers Could Face 'Brutal' Costs
Generative AI is projected to act as a complement to existing jobs rather than replacing them entirely, though certain roles, particularly in clerical work, could witness a higher degree of task automation.Hallie Gill
