Industry
FTX Seeks to Recover Sam Bankman-Fried's Charitable Donations
FTX's new management is seeking to recoup the millions donated by the Future Fund and SBF.Christopher SmithBonk Inu Developers Burn All Their Team Tokens
The development team behind Solana-based memecoin project Bonk Inu (BONK) has revealed that more than 5 trillion tokens, or 5 percent of the total supply, have been burnedCornell RachelCrypto Empire DCG Faces US Investigation
U.S. authorities are reportedly investigating internal transfers from Digital Currency Group to its subsidiary Genesis.Martha GrizzardMetaMask Removed Wyre from Mobile Aggregator
Metamask recently announced the removal of Wyre from its mobile wallet aggregator, as the crypto payments platform shut down.Wayne IngramWyre imposes withdrawal limits of up to 90% on all users
Wyre has set daily withdrawal limits on its platform, citing "the best interests of our community."Hallie GillSEC objects to Binance.US's deal to buy Voyager Digital
The U.S. Securities and Exchange Commission (SEC) has opposed Binance’s U.S. affiliate’s proposed $1 billion acquisition of the assets of bankrupt cryptocurrency lender Voyager Digital.Jerry McNeillDeveloper of 'Mutant Ape Planet' NFTs Arrested
The developer of the Mutant Ape Yacht Club knockoff series allegedly defrauded investors of $2.9 million and has admitted to participating in the scam.Sherry CantwellPolygon to Host Mastercard’s Web3 Artist Accelerator
Mastercard is launching a spotlight program for emerging music artists built on the Polygon blockchain to help budding creators harness the power of Web3 and blockchain technology.James DeanFerrari cuts ties with crypto sponsor ahead of Formula One season
The Ferrari-Velas partnership, which will begin in 2021 with an annual investment of $30 million, aims to increase fan engagement through non-fungible tokens (NFTs) and other sharing initiatives.Barry Stidham3AC co-founder Zhu Su accused DCG of alleged fraud
Due to liquidity issues surrounding Digital Currency Group (DCG), Three Arrows Capital (3AC) founder Zhu Zhu published a twitter thread containing allegations against DCG and FTX.Craig GreenUS Feds launch FTX task force to recover victim assets
U.S. Attorney Damian Williams said the office was working "around the clock" to respond to FTX's implosion.Christopher SmithEthereum Name Service saw 2.2M ENS names registered in 2022
The popular ethereum naming service celebrated its most successful year yet, noting that 80% of all ENS names in existence will be registered in 2022.Barry StidhamCoinbase to Pay $50 Million Fine to New York Regulators
Coinbase (COIN) will pay the New York State Department of Financial Services (NYDFS) a $50 million fine to settle allegations that it allowed users to open accounts without adequate background checks. The regulator found that the policies of the cryptocurrency exchange violated anti-money laundering laws.Sherry CantwellIndonesia Plans To Create A National Crypto Exchange
In addition to overhauling crypto regulation, Indonesia has also introduced a central bank digital currency (CBDC) as well as a national cryptocurrency exchange.James DeanCelsius Network Wins Ownership of Customers' Crypto Deposits
A federal bankruptcy judge has ruled that cryptocurrency deposited into Celsius Network’s interest-bearing accounts actually belonged to the company, thanks to fine print.Barry StidhamLogan Paul Threatens to Sue Coffeezilla After Strikes Back at YouTuber Over CryptoZoo Scam
YouTube boxer Logan Paul, who leads the CryptoZoo NFT project, has accused Coffeezilla of posting “defamation” about him and the project.Craig GreenCrypto Bank Juno urges customers to self-custody following reports of Wyre shutdown
Juno is advising users to withdraw funds from the platform amid "uncertainty" over the fate of its cryptocurrency custody provider Wyre.Christopher SmithBinance Rules 2022 Roost of Crypto Exchanges as Winner reported by Arcane
Implementing zero-fee BTC transactions and some notable global acquisitions Binance’s market dominance soared throughout 2022 under the influence of FTX.Craig GreenCore Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius
Core Scientific estimates that canceling the agreement with Celsius would provide $2 million in monthly revenue as long as bitcoin remains around $16,700.Cornell RachelIranian Courts Order Return of Thousands of Seized Crypto Mining Machines
A judicial ruling requires Iranian authorities to release some of the 150,000 crypto mining equipment previously seized over energy concerns.Wayne Ingram
