Regulators in Georgia Launching the Pilot Test for Digital Lira
Michael ScottThe National Bank of Georgia (NBG) has announced plans to start the pilot test for Central Bank Digital Currency (CBDC).…
Prolonged Crypto Winter Impact on Financial System Worries IMF Executives
The current crypto market turbulence halting regulators' efforts to improve global financial stability has created more worry for global leaders.…
Stellar Foundation Listed on the Genesis Claim List
The current liquidity squeeze witnessed across the crypto space influenced Genesis Global to file for bankruptcy protection on January 19.…
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SEC Initiates Lawsuit Against Mango Markets Exploiter, Alleges Price Manipulation
SEC confirmed initiating a lawsuit against Avraham Eisenberg for perpetrating the attack scheme in October. The charge adds to the…
Cumberland and Mirana Condemns “Misleading and Inaccurate” Genesis Bankruptcy Filing
Genesis Global submitted a bankruptcy filing to a federal bankruptcy court in New York earlier this week. High-profile crypto and…
Delaware Judges Approve Sullivan & Cromwell Representing FTX Borrowers in Court
Judges at the Delaware Bankruptcy Court have allowed Sullivan & Cromwell law firm to represent the embattled FTX in the…
Nexo Paying $45 Million Fine for Contravening SEC Regulation
The 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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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.…