Blockware sued over alleged misrepresentation of miners' performance
The plaintiff claims losses of $250,000 and seeks compensatory and punitive damages.
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Crypto can get weird: The 5 strangest stories of the industry in 2022
Filmmakers are interested in documenting one of this year’s weirdest stories in crypto, but what else made the list?
Xmas dinner table: What to tell your family about what happened in crypto this year
Christmas dinner could get awkward for crypto advocates who were adamant about their families investing last year — Cointelegraph compiled a small recap of what happened in crypto this year.
BTC price levels to watch as Bitcoin limps into Christmas under $17K
The lack of volatility speaks volumes as one analyst argues that Bitcoin is only worth investing in below $12,000 or above $19,000.
FTX paid $12M retainer to a New York law firm before bankruptcy filing
Sullivan & Cromwell LLP (S&C), a law firm headquartered in New York City, received $12 million from West Realm Shires Services Inc. on behalf of FTX for legal services.
Public Bitcoin mining companies plagued with $4B of collective debt
The Bitcoin mining community took up massive loans during the 2021 bull market, negatively impacting their bottom lines during a subsequent bear market.
Judge pulls out of SBF-FTX case citing husband's law firm's advisory link
Judge Abrams’ withdrawal from the FTX case eradicates any conflict of interest in the FTX case because Andres continues to serve as a partner at Davis Polk & Wardwell, a law firm that advised FTX in 2021.
Santas and Grinches: The heroes and villains of 2022
Here’s a list of the 12 individuals who had the most impact — for better or worse — on the crypto industry this past year.
Economic frailty could soon give Bitcoin a new role in global trade
Aggressive interest rate hikes have wrought havoc on global markets. As a consequence, more countries may embrace Bitcoin in the year ahead.
U.S. delays crypto tax reporting rules, as it still can’t define what a 'broker' is
Congress passed a law in November 2021 that required the new crypto rules to be issued.
2 executives of crypto exchange AAX arrested in Hong Kong: Report
The former CEO of AAX, Weigao Capital Liang Haoming, and the founder of AAX, Thor Chan, were arrested on Dec. 23.
Bridge attacks will still pose major challenge for DeFi in 2023: Security experts
Hackers have stolen over $2.5 billion through vulnerabilities on cross-chain bridges in the past two years.
LastPass attacker stole password vault data, showing Web2's limitations
LastPass users with weak master passwords may need to change the individual passwords they stored with the service.
Web3 projects would rather get hacked than pay bounty: Finance Redefined
The top 100 DeFi tokens had a volatile yet bearish week with nearly all the tokens trading in red on the weekly charts.
Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal
According to court documents, Caroline Ellison said she and SBF signed off on “materially misleading financial statements” for Alameda lenders — knowing it was illegal.
Crypto Biz: Contagion engulfs Bitcoin miners as bear market continues
With the BTC price plunging more than 76% peak-to-trough, miners are struggling to keep their operations running.
US election agency approves use of NFTs as campaign fundraising incentive
According to the FEC, DataVault will receive “reasonable compensation” for each NFT issued to contributors as well as track all tokens issued for its own records.
Price analysis 12/23: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI
Bitcoin and most major altcoins are trading close to their overhead resistance levels, increasing the likelihood of an upward push.
Play-to-own, NFTs and Web3: Crypto Raiders drops knowledge with NFT Steez
NFT Steez chats with Crypto Raiders about the state of blockchain gaming and how to prioritize fun over “financialization” when it comes to NFTs and P2E models.
Crypto exchange OKX releases second proof of reserves
The exchange’s reserves attestation comes only a month after it released its first one and is intended to promote greater transparency in the crypto industry.
BTC price ignores US PCE data at $16.8K as Bitcoin rejects volatility
The latest U.S. economic data fails to induce volatility in an otherwise flat Bitcoin price playing field.
SEC general counsel announces departure from public service
"After thirty-four years of public service, it is time for me to pursue new and different challenges and opportunities," said Dan Berkovitz.
Top-five most Googled cryptocurrencies worldwide in 2022
Bitcoin remains the most-searched cryptocurrency in 2022 by far thanks to its top-brand status and being in a league of its own when it comes to decentralization.
OpenSea blocks Cuban artists from the platform due to US sanctions
OpenSea’s terms of service explicitly prohibit individuals and organizations from sanctioned regions from using its platform.
What is Wrapped XRP (wXRP), and how does it work?
Learn what Wrapped XRP is and how to use wXRP on blockchains other than Ripple’s XRP Ledger.
FTX asks bankruptcy judge to stop BlockFi from claiming Robinhood shares
The 56 million Robinhood Markets shares at stake are currently worth around $450 million.
New NFT private auction scam threatens OpenSea users
Phishing sites are making the private auction feature look like a way to log in, luring victims to give up their NFTs unknowingly.
How crypto could be good for CBDC and vice versa: Industry exec explains
While some governments continue bashing crypto, some industry executives argue that crypto could be beneficial for CBDCs.
Be ‘very wary’ of crypto proof-of-reserve audits: SEC official
SEC’s acting chief accountant Paul Munter said that investors shouldn't place too much confidence in a company holding up a proof-of-reserves audit.
HK legislator’s firm to lure 1,000 Web3 start-ups over 3 years
G-Rocket is aiming to attract 1,000 Web3 start-ups to Hong Kong and will help them with banking, government services and office spaces.