Nexo Paying $45 Million Fine for Contravening SEC Regulation
Michael ScottThe US Security Exchange Commission penalized the leading crypto lender Nexo for violating the SEC Act 1933. Responding to the…
Bybit CEO Reveals Exposure to Genesis, Community Questions the Explanation
The crypto community questioned the timing of Bybit's chief executive revealing exposure to Genesis. The community challenged Bybit's chief executive…
DCG-owned Genesis Global Confirms Filing Chapter 11 Bankruptcy Protection
Crypto lending firm Genesis Global confirmed filing for bankruptcy protection citing huge losses incurred following the FTX and Three Arrows…
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BitKeep Wallet Refunding $8 Million to Investors Affected by December Hack
BitKeep management has announced compensation plans to repay all the crypto investors affected by last December's hacking activity. The firm…
Blockchain
Cosmos (ATOM)
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Decentralized Cryptocurrency Exchange (DEX)
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Cosmos DEX Osmosis Considers Neon Upgrade Critical to Efficient Cross-Chain Trades
Decentralized exchange (DEX) Osmosis is set to upgrade the v14.0.0 in a project identified as Neon. The Cosmos-based DEX considers…
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BC Technology Group Subsidiary Announces Layoff Plans
The Hong Kong-based crypto exchange OSL has announced layoff plans citing the prolonged crypto winter. The firm disclosed its plans…
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ConsenSys Laying off 11% Workforce, Cites Bearish Crypto Market
The Chief Executive Officer of ConsenSys has announced an 11% headcount reduction amid the prolonged crypto winter. The CEO argued…
US Seizes Crypto Exchange Bitzlato, Initiates Charges Alleging Laundering $700M
The Justice and Treasury Departments combined forces to seize Bitzlato Ltd assets citing it facilitated the laundering of illicit finance.…
Mikhail Fedorov Anticipates Ukraine to Start Using CBDC in 2023
The Ukraine Vice Prime Minister, Mikhail Fedorov, announced his desire for the country to become the leading crypto jurisdiction worldwide.…
Shop Floki Partnering with Binance to Launch a New Payment Method
Floki has partnered with Binance to launch a new payment option. The online retail store will be launched on January…
World Economic Forum Panel Foresee Tokenized Future
The panel drawing Circle chief executive, industry personalities, and transport minister in Finland unanimously agreed that tokens dominance is looming.…
EU Finance Ministers Advocate for Digital Euro Research, Lobby for Political Support
The finance ministers drawn from the Eurozone declared support for the research-backed digital Euro. The Eurogroup observed the need to…
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Iran and Russia Launching a Gold-Backed Stablecoin
The Central Bank of Iran and Russia have joined hands to develop a new stablecoin that will facilitate International Trade…
Binance and Huobi Combine Efforts to Recover 124 Bitcoins from Harmony Hackers
Security teams drawn from Huobi and Binance crypto exchanges combined in freezing and recovering bitcoins traced to the Harmony exploit.…