Industry
Indonesia aims to launch its national cryptocurrency exchange by June
Originally scheduled to launch in late 2022, the Indonesian cryptocurrency exchange will now go live in June.Seth RowdenRussia's largest bank to launch its DeFi platform in May
Russia's largest banking institution, Sberbank, is preparing to have its decentralized finance (DeFi) platform operational by May.Seth RowdenYouTuber Logan Paul Files Class Action Lawsuit Over NFT Crypto Zoo
CryptoZoo and Logan Paul are named as defendants in a newly filed class-action lawsuit alleging they stole millions of dollars worth of cryptocurrency from purchasers through “fraudulent businesses.”Seth RowdenNew FTX documentary to spotlight SBF-CZ relationship
Mark Wahlberg's production company, Urealistic Ideas, has reportedly teamed up with media outlet Fortune to release a documentary that sheds light on the contentious relationship between Sam Bankman-Fried (SBF) and Changpeng Zhao (CZ). Relationship.Herman HayesBithumb Owner Arrested in Alleged $50M Embezzlement
Bithumb exchange owner Kang Jong-hyun has been arrested for allegedly misappropriating approximately $50 million, local news JTBC reported.Herman HayesBonqDAO Loses $120 Million in Oracle Hack
Hackers stole $120 million from BonqDAO by changing the price of AllianceBlock (ALBT) tokens. AllianceBlock developers are trying to compensate the community.Herman HayesBitzlato CEO arrested by Spanish authorities
Bitzlato's chief executive was arrested by Spanish authorities this week. The report noted that following the CEO’s arrest, France, Portugal, Cyprus and the United States joined forces to arrest six Russian and Ukrainian nationals linked to the exchange.Herman HayesCrypto exchange Kraken closes Abu Dhabi office
Cryptocurrency exchange Kraken has closed its Abu Dhabi office less than a year after receiving a license for the region,Herman HayesFed raises rates by another 25 basis points
In line with market expectations, the Federal Reserve's Federal Open Market Committee (FOMC) raised its benchmark federal funds rate by 25 basis points to a range of 4.5%-4.75%.Seth RowdenShibarium could have launched on Valatine day
The Shiba Inu community is still eagerly awaiting the launch of Shibarium, a layer 2 technology. No official release date has been confirmed yetSeth RowdenSouth Korea's FSC orders exchanges to delist and classify cryptocurrencies with securities attributes
South Korea is looking to tighten regulations to prevent unfair trade in the industry.Seth RowdenMakerDAO announces a $5M legal defense fund
According to a Feb. 1 tweet, MakerDAO has approved the creation of a new fund dedicated to expenses related to legal defense.Herman HayesFacebook Parent Meta's Metaverse unit loses $13.7B in 2022
The social media giant reported a loss of $4.3 billion in the unit on revenue of $727 million in the fourth quarter of 2022.Herman HayesSouth Korea to install crypto tracking system in 2023
The South Korean Ministry of Justice has announced plans to introduce a cryptocurrency tracking system to combat money laundering and recover funds linked to criminal activities.Herman HayesThe Sandbox’s SAND has soared 90% since the beginning of the year before token unlocks
Virtual world The Sandbox's SAND token has seen a price surge in the month ahead of its planned February 14 unlock.Herman HayesElon Musk Is Trying To Build A Twitter Payments System And Crypto May Be Part Of It
Twitter CEO Elon Musk has reportedly instructed his developers to build the platform's payment system in such a way that encryption capabilities could be added in the future.Herman HayesIs Sudoswap dropping airdrop? How to be eligible?
Sudoswap has confirmed that they will be launching their own token called "SUDO" in the future.Herman HayesADA-Backed Algorithmic Stablecoin 'Djed' Launches on Cardano
The new algorithmic stablecoin Djed (DJED) launched on the Cardano mainnet and is pegged to the US dollar and backed by Cardano’s native cryptocurrency,Herman HayesCentral Bank of Montenegro Partners with Ripple to Develop CBDC
Montenegro Prime Minister Dritan Abazović announced on Twitter that his country is seeking a digital currency in partnership with Ripple.Herman HayesCryptocurrency queen once wanted by the FBI "resurfaces" after 5 years
Ruja Ignatova, who calls herself the queen of cryptocurrencies, is now back in the spotlight, at least in part, as news of the sale of a luxury London penthouse grabs the headlines.Herman Hayes
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