Crypto World News
Crypto World News
For a month now, Samuel Bankman-Fried has been in the news for his fraudulent actions and mishandling of funds with FTX Trading Ltd. Today, he was formally charged by the Securities and Exchange Commission (SEC) of orchestrating a scheme to defraud investors.…
Despite a lot of FUD around Binance, the biggest crypto exchange in the world, Lookonchain, a blockchain analysis company, claims that Justin Sun moved 100M USDC from Circle to Binance just two hours ago. Chinese cryptocurrency entrepreneur and business executive Justin Sun took…
On December 12th, Argo Blockchain, a large-scale supplier of services for mining cryptocurrencies and smart contracts, made a formal announcement that it “is at risk” it might not have enough funds on hand to continue running its business in the coming month.…
On December 11th, the founder of the crypto research company Messari, Ryan Selkis, tweeted that Dragonfly Capital’s Managing Partner, Haseeb Qureshi, had made an unexpected remark on “the $1.1 billion DCG-Genesis promissory note.” On the latest episode of Unchained’s “The Chopping…
Financial regulators in South Korea are reviewing a plan on whether it should be mandatory for companies to get direct permission from authorities before listing their crypto-currencies on domestic digital asset exchanges, local media reported on December 12th. There have been…
Sam Bankman-Fried, the former CEO of FTX, has agreed to give a testimony on December 13th at a hearing held by the House Financial Services Committee regarding the collapse of his crypto exchange. SBF commented in a Twitter thread from…
Mike Burgersburg of Dirty Bubble Media reported on December 9th that there is evidence to support the concerns that “Genesis Block was a front for Alameda Research,” which reveals that Alameda was processing and receiving the customer payments that were sent to Genesis Block.…
Argo Blockchain, an enterprise-scale provider of cryptocurrency mining and smart contract services, will declare bankruptcy. On December 9th, Will Foxley, the content director at Compass Mining, tweeted a screenshot of the Argo Blockchain “special information for stakeholders” regarding its bankruptcy, scheduled for…
In light of recent events in the market, the Securities and Exchange Commission (SEC) has released new guidance related to crypto assets. The Division of Corporation Finance believes that every company should disclose its exposure to crypto assets, including risks…
MinSwap, the largest decentralized exchange (DEX) in the Cardano ecosystem, confirmed on December 8th the investigation of possible front-running on the DEX. Hova, a cryptocurrency investor & enthusiast, first became aware of the alleged front-running of orders and guaranteed earnings on December 8th.…