Category: Crypto News

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Arcane crowns the exchange 2022’s winner

Arcane crowns the exchange 2022’s winner

During a year plagued by crises such as the collapse of FTX and Celsius, data shows that crypto exchange Binance has emerged as the clear “winner” of [...]
Grayscale ETH trust nears record 60% discount as nerves continue over DCG

Grayscale ETH trust nears record 60% discount as nerves continue over DCG

The Grayscale Ethereum Trust (ETHE) is trading at nearly a 60% discount to the underlying value of its assets, with shares falling 93% from its Jun. 2 [...]
100 crypto lobbyists prepare for the fight of their lives as Congress resumes

100 crypto lobbyists prepare for the fight of their lives as Congress resumes

Cryptocurrencies will be a hot topic as the United States Congress resumes and the battle lines are drawn between lawmakers for and against the fledgl [...]
‘WTH did I just witness?’ Magic Eden turns porno after hosting service hacked

‘WTH did I just witness?’ Magic Eden turns porno after hosting service hacked

Nonfungible token (NFT) marketplace Magic Eden had to assure users their NFTs “are safe” after a spate of pornographic images littered its platform on [...]
Final Fantasy Parent Square Enix Is Bullish on Blockchain Gaming in 2023

Final Fantasy Parent Square Enix Is Bullish on Blockchain Gaming in 2023

"In terms of new business domains, we named three focus investment fields under our medium-term business plan," Matsuda wrote. "Among those, we are mo [...]
US Feds put together ‘FTX task force’ to trace stolen user funds

US Feds put together ‘FTX task force’ to trace stolen user funds

The United States Attorney’s Office for the Southern District of New York (SDNY) has formed an FTX Task Force to “trace and recover” missing customer [...]
Core Scientific shuts down 37K mining rigs it was hosting for Celsius

Core Scientific shuts down 37K mining rigs it was hosting for Celsius

Bankrupt cryptocurrency lender Celsius Network agreed to let Bitcoin (BTC) miner Core Scientific shut off more than 37,000 mining rigs it had been hos [...]
Why Is Tron Founder Justin Sun Keeping Some of His Coins in Valkyrie Digital Assets?

Why Is Tron Founder Justin Sun Keeping Some of His Coins in Valkyrie Digital Assets?

"I don't believe we've reached bottom," said Bilal Little, president of DFD Partners, a distribution platform for asset managers, on CoinDesk TV's Fir [...]
Israel’s Securities Watchdog Moves to Better Supervise Crypto Assets

Israel’s Securities Watchdog Moves to Better Supervise Crypto Assets

The amendments to the country’s laws would squeeze “digital assets” into existing securities regulations, according to the proposal, potentially treat [...]
Core Scientific to Shut Down Celsius Crypto Mining Equipment

Core Scientific to Shut Down Celsius Crypto Mining Equipment

Celsius is not only Core's largest customer, with more than 37,000 machines hosted in its facilities, but one of its largest secured noteholders, hold [...]
Ripple CEO optimistic about US ‘regulatory clarity for crypto’

Ripple CEO optimistic about US ‘regulatory clarity for crypto’

Ripple's CEO, Brad Garlinghouse, shared in a Jan. 3 Twitter thread he's “cautiously optimistic” about the United States gaining "breakthrough" regulat [...]
Twitch Streamer and NFT Founder DNP3 Admits to Gambling Away Investor Funds

Twitch Streamer and NFT Founder DNP3 Admits to Gambling Away Investor Funds

"Every dollar I could find I would put into [crypto casino] Stake in hopes of winning big," he wrote. "Even when the big wins did happen it wasn’t eno [...]
What events moved the industry forward?

What events moved the industry forward?

It’s no secret that the crypto market was gripped by bearish pressure for the entirety of 2022. However, amid all the volatility and chaos, many posit [...]
Users need to go under the engine in Web3 — HashEx CEO

Users need to go under the engine in Web3 — HashEx CEO

Hacking in Web3 is easy because it uses the same pattern that’s been used since the inception of the internet — pretending to be someone else. Due to [...]
US federal agencies release joint statement on crypto asset risks and safe practices

US federal agencies release joint statement on crypto asset risks and safe practices

United States federal bank regulatory agencies started off the new year with a statement on crypto assets that looked back at the troubles of the cryp [...]
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