Industry
FTX Co-Founder Nishad Singh Pleads Guilty in Fraud Investigation
Nishad Singh the former head of engineering at bankrupt cryptocurrency exchange giant FTX pleaded guilty to six criminal chargesMartha GrizzardAlgorand Wallet MyAlgo Warns Users Withdrawing Funds After $9.6M Exploited
Algorand-based wallet provider MyAlgo is warning users to withdraw assets from all wallets created with mnemonic phrases,Wayne IngramCoffeezilla accuses Khabib Nurmagomedov of promoting NFT scam
Coffeezilla popular YouTuber and “Internet sleuth” covering crypto scams is now accusing mixed martial arts legend Khabib Nurmagomedov of using NFTsHallie GillTencent Cloud will reportedly offer deepfake creation tools for $145
Tencent Cloud the cloud service provider of Chinese tech giant Tencent — has launched a new digital human creation platform that allows users to create deepfakes of anyone based on three-minute video clips and 100-sentence voice material.Jerry McNeill
Sam Altman expects first AI workers this year; OpenAI closer to AGI
Sam Altman, CEO of OpenAI, has revealed that the first AI agents are expected to enter the workforce this year.James Dean
MiCA can attract more crypto investment despite overregulation concerns
The Markets in Crypto-Assets Regulation (MiCA) has ushered in a new era for cryptocurrency regulation in Europe.Barry StidhamSEC fines Coinme $4 million for 'misleading' UpToken ICO
US securities regulators have fined cryptocurrency exchange Coinme nearly $4 million for allegedly offering unregistered securities and making "misleading statements" about its crypto token, UpToken (UP).Craig GreenJPMorgan buys struggling First Republic Bank
US banking giant JPMorgan is poised to buy assets of First Republic Bank (FRB) after an early bailout failed. JPMorgan Chase & Co and various other banks submitted bids to acquire the troubled FRB assets on April 29.Hallie GillCoinbase Officials, Board Members Face Lawsuit Over Alleged Insider Trading During IPO
A Coinbase shareholder has filed a shareholder derivative complaint against some of the company's executives and board members, alleging they profited from inside information while the company was going public.Wayne IngramBybit Joins Cryptocurrency Exchange Offering Cryptocurrency Lending Services
Cryptocurrency exchange Bybit is the latest major platform to launch an in-house cryptocurrency lending service for users.Martha GrizzardJustin Sun Apologizes After Sui LaunchPool Clash With Binance CEO
On May 1, Binance CEO Changpeng Zhao "CZ" issued a warning to Tron founder Justin Sun about depositing $56.1 million in TrueUSD (TUSD) to Binance.Christopher SmithARK Invest Acquires Another $8M Worth of Coinbase Stock
ARK Invest, the investment management firm founded by legendary investor Cathie Wood, has bought an additional stake in cryptocurrency exchange Coinbase.Cornell RachelMore Cryptocurrency Exchanges List PEPE After Trading Frenzy
On May 1, the cryptocurrency exchange OKX announced that it will list memecoin Pepe (PEPE) at 17:00 Hong Kong time, and open the withdrawal of Pepe at 17:00 on May 2. In support of the listing decision, OKX staff wrote.Craig GreenInfamous SIM Swap Hacker "PlugwalkJoe" Sentenced to 5 Years Behind Bars
British hacker Joseph O'Connor, also known as PlugwalkJoe, has been sentenced to five years in a US prison for orchestrating a SIM-swapping attack in April 2019.Barry StidhamStandard Chartered Joins China's Cutting-Edge CBDC Pilot
Standard Chartered Bank, a prominent multinational bank based in BritainBarry StidhamAfter pledged more than 150,000 ETH, Lido Finance opened the upper limit of the pledge rate
Liquid staking protocol Lido Finance activates a protocol security feature called "staking rate limit" after surpassing 150,000 EtherSherry CantwellBitFlyer founder seeks reinstatement as CEO, leads company to IPO
Yuzo Kano, the co-founder of Japanese cryptocurrency exchange bitFlyer, is seeking to reinstate himself as CEO at next month's shareholder meeting,James DeanCanadian Regulators Say No to Algorithmic Stablecoins
Stablecoin platforms are clearly in the crosshairs of the Canadian Securities Administration (CSA), which comprises the securities regulators of Canada's 10 provincesMartha GrizzardFTX Creditor Claims Surge Past 50 Cents, Offering Hope
The market for FTX creditor claims is experiencing a surge in activity, with certain claims now reportedly selling for over 50 cents on the dollar.Wayne IngramSEC Faces Slim Odds in Ripple Appeal, Lawyers Say
Bill Morgan, an attorney closely monitoring the lawsuit involving the U.S. Securities and Exchange Commission (SEC) and Ripple,Martha Grizzard
