The US Accuses Mango Markets Exploiter of Frauds, Orders His ArrestÂ
Prosecutors in New York have arrested cryptocurrency trader Avraham Eisenberg in Puerto Rico and charged him with fraud for manipulating the Mango Markets exchange and...
BTC.com Suffers $3 Million Loss in a Cyberattack
The parent company of BTC.com, BIT Mining Limited, said that $2.3 million in corporate assets and around $700,000 in client funds were stolen earlier this...
Crypto Winter Forces 40% Staff Layoffs at Another Crypto Firm
The crypto winter has forced many successful cryptocurrency firms to reduce their workforce in order to survive and continue expanding while we wait for the...
Defrost Finance Suffers a Hack, Some Call It a Rug Pull
Defrost Finance, a decentralized leveraged trading platform built on the Avalanche blockchain, reported that both of its versions — Defrost v1 and Defrost v2 —...
Craig Wright Calls XRP “the Most Useless Pump and Dump Scheme”
In a recent contentious Twitter exchange, the self-described founder of Bitcoin (Satoshi Nakamoto), Craig Wright, and Ripple CTO David Schwartz argued about the credibility of...
Binance Responds to Seven FUDs: “We Will Continue to Build the Industry”
Binance has issued a long statement on its website in Chinese, claiming that the firm has “faced up” and withstood the “stress test,” in response...
SEC Urges Users to Be Wary of Crypto Proof-of-Reserves AuditsÂ
According to a recent Wall Street Journal report, the Securities and Exchange Commission (SEC) is increasing its scrutiny of proof-of-reserves audit firms’ work for cryptocurrency...
SBF Arrives in the US to “Face the Music”
Following his extradition from The Bahamas on Wednesday night, Sam Bankman-Fried (SBF), the shamed FTX founder and former CEO who is facing eight criminal fraud...
Paxful Removes Ethereum (ETH) from its Platform to Maintain “Integrity”
The CEO of Paxful, a cryptocurrency peer-to-peer (P2P) marketplace, Ray Youssef, said on Wednesday that he will be removing the second-largest crypto by trading volume,...
All Crypto Users Are Dumb, Says Mathematician Nassim TalebÂ
Nassim Taleb, a well-known mathematician and cryptocurrency critic, recently took to Twitter to voice his condemnation of the cryptocurrency sector. He called cryptocurrency users “dimwits,”...