FTX spent $40M on food, flights, and hotels in just 9 months: Court filings
FTX did not hold back on company expenses in the Bahamas, according to court documents. FTX’s Bahamian company spent a...
Altcoin News
Logan Paul backflips on defamation lawsuit against Coffeezilla, apologizes
Logan Paul has deleted his response video aimed at Coffeezilla and has apologized in a surprise u-turn. YouTuber Logan Paul...
Why DeFi should expect more hacks this year: Blockchain security execs
One reason is that “hackers have gotten smarter, gained more experience, and learned how to look for bugs,” according to...
Mexico’s digital peso delayed, unclear launch date
Mexico's central bank is currently working on legal, administrative, and technological requirements for the peso's digital version. Mexico's central bank...
Digital Currency Group under investigation by U.S. authorities: Report
U.S. authorities are reportedly investigating internal transfers from Digital Currency Group to its subsidiary Genesis. Crypto conglomerate Digital Currency Group,...
Bitcoin, Sango Coin and the Central African Republic
The Central African Republic adopted Bitcoin and swiftly created its own token, Sango Coin. But where did Sango Coin come...
Wyre imposes up to a 90% withdrawal limit for all users
Wyre imposed a daily withdrawal limit on its platform subject, citing “the best interest of our community.” Crypto payment platform...
Ferrari cuts ties with crypto sponsor ahead of 2023 Formula One season
The Ferrari-Velas partnership from 2021 — set at $30 million a year — was aimed at increasing fan engagement through...
FTX asset sales challenged by U.S. Trustee: Report
A U.S. Trustee filed an objection to plans by FTX to sell its units in Europe and Japan, among other...
SBF pleads not guilty, crypto layoffs, and bank run on Silvergate: Hodler’s Digest, Jan. 1-7
Top Stories This WeekSam Bankman-Fried enters not guilty plea for all counts in federal courtFormer FTX CEO Sam Bankman-Fried (has...
Hedge funds subpoenaed by U.S. prosecutors as Binance probe unfolds: Report
United States prosecutors are investigating hedge funds' relationships with cryptocurrency exchange Binance for money-laundering violations. United States prosecutors are investigating...
Sam Bankman-Fried’s charitable donations sought by FTX: Report
FTX's new management is seeking to recover millions of dollars donated by Future Fund and SBF. FTX's new management is...
Using blockchain technology to combat retail theft
Blockchain technology may be a solution when it comes to anti-theft measures for retailers. The retail industry is one of...
OpenAI will lead to better art and narration in Web3 games — Immutable exec
Alex Connelly says the technology provides “very cool storytelling opportunities.” The creation of smart contracts and Web3 interfaces has led...
Bitcoin price nears 3-week high as trader says sub-7% CPI may see $19K
Bets are increasing on a push higher for Bitcoin and on BTC price action defining the current range as its...
