French central bank governor pushes for crypto licensing ahead of EU laws
The Bank of France’s head said turmoil in the crypto markets proves the need to move to a mandatory licensing...
Month: January 2023
Mutant Ape Planet creator arrested in NY for alleged $2.9M NFT ‘fraud’
The developer of a Mutant Ape Yacht Club knock-off collection has allegedly “defrauded” investors of $2.9 million and admitted to...
Three Arrows Capital Founders Served Subpoenas via Twitter in Bankruptcy Process
The founders of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC) have been served subpoenas by the fund’s liquidators...
New York Attorney General Sues Celsius Co-Founder Alex Mashinsky for Crypto Fraud
On Jan. 5, 2023, the state of New York and attorney general Letitia James filed a lawsuit against Alex Mashinsky,...
Unreported Transactions Linked to Disgraced FTX Co-Founder Revealed by Onchain Investigation
According to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred a significant number of previously...
Asia Express: China’s NFT market, Moutai metaverse popular but buggy…
After a one-year hiatus, Our Man in Shanghai returns, but hes no longer based in Shanghai (the crypto crackdown was...
US authorities are turning their attention to FTX’s Nishad Singh: Report
FTX's bankruptcy filings show a $543-million loan to Nishad Singh and he was reportedly a part of the secret 'wirefraud'...
CME Group to launch 3 metaverse reference rates
Axie Infinity, Chiliz and Decentraland will be represented in CME’s new reference rates and real-time indexes. Derivatives marketplace CME Group...
Magic Eden to refund users after fake NFTs sold due to exploit
Over a dozen fake NFTs were sold on the Magic Eden marketplace due to a "massive exploit" on the platform....
DeFi security losses rose 47.4% in 2022 to hit $3.64B: Report
Over $1.40 billion worth of stolen DeFi funds was reportedly laundered via Tornado Cash during that period. According to a...
Crypto lender Genesis lays off 30% more staff: Report
Genesis announced in August that it planned to cut its then 260-person workforce by 20%, with CEO Michael Moro moving...
US authorities to intensify scrutiny of crypto industry in 2023
The SEC, FASB, and IRS are working to tighten crypto regulations and expand industry oversight. Fourteen years after Bitcoin's Genesis...
Quantum computers may soon breach blockchain cryptography: Report
Cryptography experts are somewhat skeptical of the technique's scalability, but aren't ruling out the possibility of success either. According to...
ECB official urges CBDC development for the good of cryptocurrency and consumers
ECB board member Fabio Panetta has woven his enthusiasm for blockchain technology and skepticism of cryptocurrency into an argument that...
US senator behind efforts to pass major crypto bill won’t seek re-election
Senator Debbie Stabenow was one of the lawmakers behind introducing the Digital Commodities Consumer Protection Act in August. Michigan Senator...
