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Homeowner lawsuit over $170K crypto theft rejected on appeal  

[Oct 25 6:06 AM] A United States appeals court said a district court was right to toss Ali Sedaghatpour’s lawsuit claiming that his insurer, Lemonade Insurance, should cover him for a crypto scam loss.

Trader loses 7-figure sum due to 0L Network hard fork

[May 8 7:05 AM] “Forking out wallets without community input is theft,” according to the trader, who also claims to be part of 0l Network’s marketing team.

Hundred Finance hacker moves stolen assets a year after $7M exploit

[May 2 5:01 AM] The hacker holds about $4.3 million in various crypto assets in their Ethereum wallet.

Stablecoin Turmoil: $1.53 Billion Redeemed in a Month Amid Declining Trade Volume

[Aug 7, 2023 8:00 AM] In the brief span from July 12, 2023 to August 6, 2023, the stablecoin economy witnessed a staggering loss exceeding $1.53 billion in value. Among the premier ten stablecoins, Pax’s pax dollar (USDP) experienced a redemption of 39% of its…

Crypto Turmoil: Market Slump, Heavy Liquidations, and Unexpected Gainers

[Jul 18, 2023 11:36 AM] In a volatile twist, the cryptocurrency market experienced a 0.82% decrease in value within the last day, descending to $1.2 trillion. This transpired as bitcoin (BTC) faced unstable conditions, dropping below the crucial $30K mark on Tuesday…

Temasek Has No Immediate Intentions to Invest in Crypto Exchanges After FTX Loss

[Jul 13, 2023 2:30 AM] Singapore’s state-owned investment fund Temasek does not plan to put money into crypto firms amid the current regulatory uncertainty, according to a top executive. The statement comes months after Temasek lost $275 million from its involvement in…

Crypto ATM Numbers Drop by 13.91% Since December 2022, Over 3,600 Went Offline in March

[Apr 2, 2023 1:30 AM] According to data from the cryptocurrency automated teller machine (ATM) aggregation website Coin ATM Radar, over 3,600 crypto ATMs went offline in March. Since the end of 2022, the number of crypto ATMs has declined by 13.91% in the last three…

Bitgo Launches Storage and Tracking Solution for Bitcoin-Based Ordinal Inscriptions

[Mar 31, 2023 5:30 AM] On Thursday, digital asset custody provider, Bitgo, announced the launch of its storage and tracking solution for Bitcoin-based Ordinal inscriptions. Moreover, users can use Bitgo’s Ordinal inscription storage system to inscribe their own…

Crypto Economy Swelled 80,466% Since 2013, Despite $1.5 Trillion Loss in 2022 Downturn

[Mar 1, 2023 9:00 AM] Nine years and nine months ago, on May 9, 2013, coinmarketcap.com recorded 14 cryptocurrency assets, and bitcoin’s overall valuation was $1.24 billion, with 11.13 million bitcoins in circulation at the time. Today, the same website indicates…

Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake

[Feb 14, 2023 1:00 PM] Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry Regulatory Authority. On Tuesday, Silvergate’s stock saw a rise after…

Stablecoin Economy Sheds Another $3 Billion in 44 Days

[Jan 28, 2023 3:00 PM] The stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin market ecosystem over the last 44 days. While statistics show that tether’s market valuation has risen by 2% over the last 30 days, usd…

Gemini Co-Founder Accuses Digital Currency Group of Misrepresentation, Demands CEO Resignation

[Jan 10, 2023 12:30 PM] Gemini CEO Cameron Winklevoss has published another open letter on Twitter, addressed to the board members of Digital Currency Group (DCG). In the letter, Winklevoss accuses DCG and CEO Barry Silbert of making poor decisions with the now-defunct…