Blockchain Association CEO Disapproves Recent Regulatory Crackdowns
James DavisOver the past two weeks, US regulators have escalated their efforts to scrutinize crypto players. Popular crypto firms have found…
Tornado Cash Developer to Stay in Jail as Dutch Trial Continues
Michael ScottThe developer behind Tornado Cashm, Alexey Pertsev, is set to spend more time in jail following the court's directive in…
South Korea’s Crypto Firms Will Have to Self-Regulate Under New Guidance
The South Korean financial services regulator offered clarity to the securities and crypto firms in a guideline published on February…
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Overstock-Backed tZERO Crypto Exchange Announces Shut-Down Date
George WardThe news that tZERO, the crypto exchange founded by Overstock, is shutting down on March 6 has sent shockwaves throughout…
WisdomTree Reveals Q4 Deficit as Crypto Assets Drop
WisdomTree, the asset manager with headquarters in New York City, revealed that their crypto holdings had decreased to $136 million…
Polygon To Launch zkEVM Mainnet Beta On March 27th
After a prolonged period of anticipation, Polygon, a layer-2 Ethereum scaling platform, has announced a date for its scaling upgrade.…
FTX’s Turkey-Based Entities Excluded From Firm’s Bankruptcy Case
On Tuesday, John T. Dorsey, the Judge presiding over FTX's bankruptcy case, approved the exclusion of the exchange's entities operating…
Layoffs Hit NFT Marketplace Magic Eden, Sends Home Over 20 Employees
The leading marketplace for Solana NFTs, Magic Eden, has revealed that it made a tough decision to let go of…
Judge Considers Overlap to Defer CFTC and SEC Charges against Bankman-Fried
The trial of former FTX chief executive Sam Bankman-Fried took a new twist following the motion filed by the US…
Senator Elizabeth Warren Demands Crypto Miners to Reveal Energy Consumption
The US anti-crypto senator Elizabeth Warren has revealed plans to engage energy supervisors in the US to monitor the activities…
Regulatory Action Forces Paxos to Halt Minting Stablecoin BUSD
Stablecoin issuer Paxos confessed the decision to halt fresh minting of fresh Binance USD (BUD) citing the directive issued by…
Wormhole Hacker Again Moves $46 Million Worth of Stolen Funds
The Wormhole hacker is back in action, transferring $46 million worth of stolen cryptocurrency from their wallet, according to on-chain…
Paxos Set to Battle SEC’s Lawsuit Alleging Binance USD Violated Investor Protection Laws
The US Securities and Exchange Commission (SEC) is initiating a lawsuit against Paxos, alleging it violated investor protection law for…
Nexo Halting its Earn Interest Program in the US Before April
The UK-based crypto firm Nexo will suspend its Earn Interest Program (EIP) for US clients before April. A report issued…