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Crypto Hedge Fund Galois Capital Fined $225,000 by SEC for Custody Rule Violations
3.9.2024
The U.S. Securities and Exchange Commission (SEC) has slapped Galois Capital Management LLC with a $225,000 fine for falling short of the Custody Rule laid out in the Investment Advisers Act. The crypto-centric hedge fund and advisory firm was also accused of misleading investors about...
Jailed FTX Exec Withdraws His Request to Compel Government to Abide by Plea Deal
29.8.2024
Ryan Salame, the former FTX executive sentenced to 7.5 years in prison in May, has withdrawn a legal request to a New York court asking that the conditions of his plea deal with prosecutors be enforced or that his plea be thrown out and his sentence vacated
Peter Schiff Warns of Looming US Dollar Crisis and Economic Collapse
25.8.2024
Economist and gold advocate Peter Schiff has cautioned about the U.S. dollar index falling substantially, “triggering a U.S. dollar crisis, crashing the economy, and sending consumer prices and long-term interest rates soaring.” Schiff further warned of higher inflation and stagflation...
Terraform Labs bankruptcy reorganization hearing set for September
21.8.2024
The court's decision will determine if the company can restructure or must liquidate
Former Bank CEO Sentenced to Prison for $47M Crypto Fraud Leading to Bank Collapse
21.8.2024
The former CEO of failed Heartland Tri-State Bank was sentenced to over 24 years in prison for embezzling more than $47 million in a fraudulent crypto scheme that caused the bank’s collapse. He funneled the stolen funds into cryptocurrency wallets linked to a “pig butchering”...
Man allegedly tries to ‘recover’ losses from BitConnect, kidnapping two
19.8.2024
Indian authorities have arrested a man for allegedly kidnapping two employees of BitConnect creator Satish Kumbhani and extorting $125 million in crypto
Anchored Coins warns of potential issues for AEUR amid FlowBank collapse
15.8.2024
The stablecoin issuer said there was a risk of a “respective loss for the holders of AEUR tokens” due to FlowBank's bankruptcy in June
Will Terra Luna Classic (LUNC) Rise from the Ashes After a 99.99% Collapse?
12.8.2024
On August 10, Terra Luna Classic (LUNC) experienced a 23.3% price increase when volume accelerated, hitting mid-level prices.…
Bitcoin possibly undervalued as Mayer Multiple hits lowest since FTX collapse
8.8.2024
The popular Bitcoin valuation metric hasn’t been at this level since the downfall of cryptocurrency exchange FTX in November 2022
Peter Schiff Warns Against Owning Bitcoin ETFs, Cites ‘Not Your Keys, Not Your Coins’
7.8.2024
Economist and gold advocate Peter Schiff argues that bitcoin exchange-traded funds (ETFs) contradict the core principles of the cryptocurrency by undermining decentralization and peer-to-peer transactions. He criticizes recent buyers of bitcoin for focusing solely on profit, suggesting this...
Montenegrin Court Upholds Extradition of Terraform Labs Co-Founder Do Kwon to South Korea
2.8.2024
In a significant legal development, a Montenegrin appeals court has upheld the decision to extradite Do Kwon, co-founder of Terraform Labs, to South Korea. Kwon, who has been in custody in Montenegro since March 2023 for attempting to travel with a fake passport, faces criminal charges in South...
Unpacking the crypto rollercoaster with Cryptomania author Andrew Chow
2.8.2024
In this episode of Decentralized with Cointelegraph, we explore the origins, hype and future of the crypto space, with TIME magazine journalist Andrew Chow, ahead of his new book 'Cryptomania.’
Unpacking the crypto rollercoaster with Cryptomania author Andrew Chow
2.8.2024
In this episode of Decentralized with Cointelegraph, we explore the origins, hype and future of the crypto space, with TIME magazine journalist Andrew Chow, ahead of his new book 'Cryptomania.’
The Bahamas 'Dares' Again 1.5 Years After FTX Collapse, Brings in New Crypto Law
31.7.2024
The Bahamas, where bankrupt cryptocurrency exchange FTX was headquartered, has seen a new crypto law passed in parliament, The Securities Commission of The Bahamas announced on Tuesday
Tether dominates with $113B post-SVB collapse — IntoTheBlock
30.7.2024
Tether’s market cap surges post-SVB collapse, driven by liquidity and accessibility, says ITB’s Vincent Maliepaard
Terraform Labs to sell 4 companies as part of wind-down
11.7.2024
The bankrupt Terraform Labs is looking to sell four of its companies as it winds down operations to comply with its multi-billion SEC deal
Former FTX Execs Nishad Singh, Gary Wang to Be Sentenced Later This Year
9.7.2024
Former FTX Director of Engineering Nishad Singh and former Chief Technology Officer Gary Wang are set to be sentenced this fall in the ongoing criminal case against what was once a global crypto exchange before it collapsed in historic fashion near the end of 2022
Drop in Bitcoin Mining Difficulty 'Comparable to FTX Collapse,' CryptoQuant Says
9.7.2024
Miners’ profitability has been hit as the daily revenues fell from $78 million pre-halving to $26 million currently, one market analyst noted
Bitcoin mining difficulty set for another drop following FTX collapse
5.7.2024
The resilience of Bitcoin miners is currently being tested, and miners anticipate a 5% drop in Bitcoin’s mining difficulty. Bitcoin mining refers to the process of creating and distributing Bitcoin for circulation. Mining difficulty is a metric that determines how hard it is for a miner...
U.S. Nonfarm Payrolls Eyed as Bitcoin Heads for Largest Weekly Loss Since FTX's Collapse
5.7.2024
The jobs data, due later Friday, is forecast to show that the pace of job additions in the world's largest economy slowed sharply in June