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Jan 14, 2023 11:30 AM (2 years ago)

Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets

Following charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender Genesis, Tron founder Justin Sun told the press that he may be able to purchase assets from Genesis, up to $1…
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Jan 14, 2023 9:30 AM (2 years ago)

Bitmex Co-Founder Criticizes Former FTX CEO for Not Liquidating Hedge Fund Alameda

The Bitmex co-founder, Arthur Hayes, criticized Sam Bankman-Fried, the disgraced FTX co-founder, on Friday after Bankman-Fried published his first blog post on his new Substack newsletter. “All this talk about what Alameda did is misdirection,”…
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Jan 13, 2023 11:30 PM (2 years ago)

Bitconnect Victims to Receive Over $17 Million in Restitution From Ponzi Scheme

More than $17 million in restitution will be distributed among investors in the pyramid scheme Bitconnect under a court order in the United States. The notorious crypto investment scheme defrauded thousands of people around the world. Bitconnect…
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Jan 13, 2023 9:30 PM (2 years ago)

Cryptocurrency Exchange to Sponsor Ukraine’s National Soccer Team

Ukraine’s national soccer team has secured a sponsorship deal with a player from the industry that wants to engage fans and promote adoption of cryptocurrencies. As part of the agreement, an EU-based coin trading platform will be the team’s crypto…
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Jan 13, 2023 7:30 PM (2 years ago)

Samsung’s Asset Management Arm Launches Bitcoin Futures ETF in Hong Kong

Samsung’s asset management arm has launched a bitcoin futures exchange-traded fund (ETF). The new actively managed ETF is listed and traded on the Hong Kong stock exchange. It seeks “to provide economic exposure to the value of…
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Jan 13, 2023 5:30 PM (2 years ago)

Metamask Launches Ethereum Staking Services via Lido and Rocketpool

On Friday, the Web3 wallet firm Metamask, a subsidiary of the Ethereum-centric company Consensys, announced the beta launch of ethereum staking features will be made available via Lido’s or Rocketpool’s liquid staking services. Users…
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Jan 13, 2023 3:30 PM (2 years ago)

Disgraced FTX Co-Founder Awaits Trial, Passes Time Playing Video Games and Blogging on His New Substack Newsletter

The former CEO of FTX, Sam Bankman-Fried (SBF), has published a Substack newsletter on Jan. 12, 2023, and the first post is titled “FTX Pre-Mortem Overview.” In the post, SBF maintains that an “extreme, quick, targeted crash…
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Bitcoin News External news feeds Regulation CryptoExchangeGemini CryptoLenderGenesis CryptoLendingProgram GaryGensler GaryGenslerGemini GaryGenslerGenesis GeminiEARN GeminiEarnWithdrawals GeminiWithdrawals GenesisWithdrawals SEC SECChargesGemini SECChargesGenesis SECDCG SECGemini SECGenesis SecLawsuit UnregisteredSecurityOffering
Jan 13, 2023 1:30 PM (2 years ago)

SEC Charges Genesis and Gemini — Winklevoss Says Regulator’s Lawsuit Is ‘Super Lame’

The U.S. Securities and Exchange Commission (SEC) has charged crypto exchange Gemini and crypto lender Genesis Global Capital, a subsidiary of Digital Currency Group (DCG). “Through this unregistered offering, Genesis and Gemini raised…
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Jan 13, 2023 11:30 AM (2 years ago)

Nexo Bitcoin Withdrawals Surge Following Raid of Bulgarian Offices

After the offices of crypto lender Nexo were raided in Bulgaria, the digital currency lending platform experienced a significant amount of withdrawals starting Jan. 12, 2023. An archived snapshot of Nexo’s real-time attestation shows that…
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Jan 13, 2023 9:00 AM (2 years ago)

Biden Vows to Veto House Republicans’ ‘Fair Tax Act’ Proposing Elimination of IRS

Several U.S. House of Representatives Republicans have proposed legislation that would significantly decrease funding for the Internal Revenue Service (IRS). The move comes after the newly elected Speaker, Kevin McCarthy, stated that he would…
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Jan 13, 2023 6:30 AM (2 years ago)

More Than 65% of Oman’s Crypto Holders Are College Graduates — Study

Approximately 65,000 of Oman’s residents are holders of crypto and a majority of these are either high school or college graduates, a new study by Souq Analyst has found. According to the study’s findings, an overwhelming majority…
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Jan 13, 2023 5:00 AM (2 years ago)

El Salvador Chivo Wallet Programmer Opens Up About Alleged ID Fraud, Tech and Money Laundering Issues

A Chivo wallet programmer has opened up about the different problems that the flagship cryptocurrency wallet of El Salvador faced during its initial stages. Shaun Overton, who alleges he was hired to help in the handling of the issues, has talked…
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Jan 13, 2023 3:00 AM (2 years ago)

Belarusian Fined $1 Million for Illegal Crypto Trading

A Belarusian citizen will have to pay a hefty fine for illegally organizing the exchange of cryptocurrencies online. Law enforcement authorities in the country, where certain crypto activities are legal, do not plan to impose other penalties…
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Jan 13, 2023 1:00 AM (2 years ago)

Cryptocurrency Exchanges Still Fighting Private Banks for Right to Open Bank Accounts in Chile

The conflict between banks and cryptocurrency exchanges in Chile is still developing, as some banks are reticent to serve this kind of institution. A new report prepared by exchanges reports that most of these banks refuse to include crypto…
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Jan 12, 2023 11:00 PM (2 years ago)

Coinbase Shutting Down Most Crypto Services in Japan After Series of Job Cuts Globally

The Nasdaq-listed cryptocurrency exchange Coinbase is closing down most of its operations in Japan after announcing another round of job cuts globally. “Despite everything we’ve been through as a company and an industry, I’m still…
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Jan 12, 2023 7:00 PM (2 years ago)

Miss El Salvador Features Bitcoin in Miss Universe 2023

The Miss Universe contestant from El Salvador this year has surprised viewers by featuring bitcoin as part of her national costume. El Salvador has adopted the cryptocurrency as legal tender and has passed a new regulatory framework for the…
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Jan 12, 2023 5:00 PM (2 years ago)

Bankruptcy Court Terminates FTX Naming-Rights Agreement for Miami Heat Arena

A federal bankruptcy court in the U.S. has ended the FTX naming-rights agreement for Miami Heat’s basketball stadium. The sports venue was branded FTX Arena as part of a multi-year, multi-million dollar sponsorship deal between the now-bankrupt…
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Jan 12, 2023 4:00 PM (2 years ago)

FTX Donations to Early Covid-19 Researchers Raise Questions of Propaganda Tied to Pandemic Prevention

While the former CEO of FTX, Sam Bankman-Fried, awaits his trial at the end of the year, reports indicate that the company donated millions of dollars to early Covid-19 researchers. The research was reportedly used to cast doubt on specific…
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Jan 12, 2023 3:00 PM (2 years ago)

Trump’s NFT Prize Collection Surfaces on Secondary Markets, Generates $53K in 24-Hour Sales

Following the launch of Donald Trump’s non-fungible token (NFT) card collection, winners of the Trump-themed prizes are selling prize NFTs on secondary NFT marketplaces such as Opensea. The Polygon-minted NFTs act as passes for a one-on-one…
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Jan 12, 2023 11:00 AM (2 years ago)

Bitcoin Network Braces for Notable Difficulty Increase in 3 Days

Bitcoin’s mining difficulty, the measure of how difficult it is to find a new block and add it to the blockchain, is set to increase significantly on Jan. 15, 2023, according to current estimates. At the time of writing, Bitcoin’s…
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