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Alameda Research liquidators lost $72,000 during a fund consolidation attempt
13.1.2023
The loss occurred while Alameda Research liquidators were attempting to close a borrow position on Aave, but instead, removed the extra collateral used for the position
Can Litecoin (LTC) surpass the $82 mark in the third attempt?
11.1.2023
Litecoin is a cryptocurrency similar to Bitcoin in many ways with limited differences. Litecoin handles the transactions using a different algorithm for its Proof-of-Work consensus mechanism, which allows for faster transaction confirmations. The block time for Litecoin is also faster, with each...
SEC Moves to Block Binance.US Attempt to Buy Distressed Assets of Voyager Digital
6.1.2023
The SEC has objected to an attempt by the American franchise of Binance to buy up assets from the bankrupt crypto lender Voyager Digital, saying more information about the deal is needed.
The “limited objection” from the SEC came in a court filing on Wednesday, where the SEC said Binance.US in...
FTX Customers File Class Action to Claim Assets Within Bankruptcy Case
28.12.2022
A group of customers are now suing FTX in an attempt to become the first to recover funds from the insolvent cryptocurrency exchange. The lawsuit, filed as part of the bankruptcy case in Delaware, seeks a court ruling recognizing that their holdings with the trading platform belong to them rather...
Bank of Russia Backs Crypto Mining Bill But Insists Minted Coins Should Be Exported
10.12.2022
The monetary authority in Moscow has expressed support for the latest legislative attempt to legalize cryptocurrency mining. However, the regulator wants the extracted digital currency to be sold outside the country or only under special legal regimes in Russia, as an exception. Russia’s Central...
Failed FTX Rescue Attempt Revealed, Putin Calls for Digital Currency Settlements — Week in Review
4.12.2022
Shark Tank star Kevin O’Leary has revealed his and Sam Bankman-Fried’s failed attempt to raise $8 billion to rescue the now collapsed crypto exchange FTX. In other news, Russian president Vladimir Putin has called for international settlements based on digital currencies. All this...
Coinbase Foils Extortion Attempt, Reinforces Bug Bounty Program
30.11.2022
The self-proclaimed hacker demanded $450,000 after falsely claiming to be in possession of sensitive Coinbase customer data
DeFi Lender Compound Tightens Borrowing Limits After Aave Exploit Attempt
29.11.2022
A botched exploit attempt on rival lending protocol Aave brought scrutiny to DeFi protocols’ borrow risks earlier in this month
Amendments to Russia’s Digital Asset Law Aim to Allow Mining, Ban Crypto Exchange and Ads
19.11.2022
Russian lawmakers have proposed changes to the current law “On Digital Financial Assets” in order to regulate crypto mining while banning the circulation of cryptocurrencies in the country. The legislation also prohibits the non-targeted advertising of crypto-related products and services....
FTX customers attempt roundabout ways to withdraw their funds in Bahamas
11.11.2022
From buying Bahamas-based NFTs to offering bounties to FTX employees, users with balances stuck in FTX are trying whatever they can to withdraw their money
Publicly-Listed Bitcoin Miner Argo Blockchain’s Stock Gets Downgraded, Firm Offloads Close to 4,000 Bitmain Miners
2.11.2022
On Oct. 31, 2022, the publicly-listed bitcoin miner Argo Blockchain revealed the firm’s attempt to obtain $27 million in a scheduled financing deal fell through. According to the company’s October update, Argo said it did not believe the deal “will be consummated”...
Netflix Announces Game Streaming Plans Three Weeks After Google’s Attempt Blows Up
19.10.2022
In the wake of Google Stadia’s recently announced, entirely inevitable collapse, launching a new streamed gaming service might seem a little brave. But then, if you’re Netflix, you’ve certainly at least got some of the infrastructure in place. The streaming giant has made clear its intentions...
Blockchain gamers surge as users attempt 'stacking crypto,' says DappRadar
30.9.2022
Despite the FUD, blockchain games surged in active users in September, while God’s Unchained cracked the top 10 in terms of total NFT sales volume of all projects
Binance’s Attempt to Buy Voyager Digital’s Assets Complicated by National Security Concern: Sources
16.9.2022
A Binance spokesman said “xenophobia” is underlying talk of a possible review by a key U.S. government panel that examines foreign takeovers
Celsius Countersues Keyfi Founder, Company Claims Millions Were Stolen From Crypto Lender’s Wallets
24.8.2022
Roughly seven weeks after Keyfi founder Jason Stone filed a lawsuit against the crypto lender Celsius, the company has filed a countersuit against Stone claiming that he stole millions from Celsius wallets and allegedly “pocketed seven-figure returns.” Stone’s attorney Kyle...
Bitcoin Cash (BCH) Makes Another Attempt to Breach $166 Mark!
24.8.2022
Bitcoin Cash is an improved, advanced, and more capable blockchain than its parent BTC. BCH’s last released block size was 32 MB, while BTC was just 1 MB. This indicates the difficulty level in solving a BCH-based block. With the news of mining operations slowly shifting towards Proof...
Bank Run at NFT Lender BendDAO Prompts Attempt to Avert Another Liquidity Crisis
22.8.2022
Can Ethereum Fight Back Against the US’ Sweeping Censorship Attempt?
21.8.2022
In a world where Ethereum users don’t want to be censored, the idea of a user activated soft fork offers one way to push back
‘Down Infinite’: A Ham-Fisted Attempt to Rehabilitate Do Kwon’s Image
16.8.2022
Celsius community rally to perform another short squeeze attempt
10.8.2022
One Twitter user claimed that they are at “war” with the shorts while encouraging others to post more content about the short squeeze