Ex-Algorand CEO Steve Kokinos tapped to lead Celsius 2.0

According to court filings, the board will be expanded to nine seats

Ex-Algorand CEO Steve Kokinos tapped to lead Celsius 2.0

NewCo may soon have a new CEO.  The new company would rise from the ashes of the bankrupt crypto lender Celsius. A filing on Friday, Sept. 8 nominates nine new directors...

1 year ago

FTX Looks to Offload Billions in Crypto: Here’s What it Means

The defunct crypto exchange is seeking regulatory approval to liquidate $3.4 billion worth of crypto assets.

FTX Looks to Offload Billions in Crypto: Here’s What it Means

It’s set to be a busy week for FTX’s legal team. The exchange is seeking regulatory approval to liquidate $3.4 billion in crypto assets, and FTX lawyers are also suing LayerZero...

1 year ago

BaFin-Licensed Crypto Custodian Finoa Will Offer Regulated DeFi

FinoaConnect provides the firm’s 300-plus institutional clients with wallet integration for a curated list of permissioned DeFi and Web3 platforms.

BaFin-Licensed Crypto Custodian Finoa Will Offer Regulated DeFi

Berlin-based cryptocurrency custody firm Finoa is extending its range of brokerage and crypto staking services to include easy access to a regulatory-compliant form of decentralized fi...

1 year ago

XRP bucks trend as crypto assets experience 4th straight week of outflows

Solana slid into the outflow column this week as Bitcoin’s outflows streak continued.

XRP bucks trend as crypto assets experience 4th straight week of outflows

Cryptocurrency asset outflows for the week of Sept. 3 through 9 totaled $59.3 million, bringing the current run to $249 million over four consecutive weeks.  Bitcoin BTC $25,...

1 year ago

Judge Orders Teen Hacker to Return $5.2M Worth of Bitcoin Stolen in 2016

A federal judge has ruled that a young hacker must forfeit approximately $5.2 million worth of Bitcoin (BTC) and a sports car to the US government.

Judge Orders Teen Hacker to Return $5.2M Worth of Bitcoin Stolen in 2016

The ruling claims that Ahmad Wagaafe Hared, a resident of Tucson, Arizona, stole cryptocurrency from Northern California crypto executives back in 2016, according to a...

1 year ago

Tornado Cash creators deny laundering $1b for North Korea hackers

United States prosecutors have leveled charges against Tornado Cash co-founders Roman Storm, Roman Semenov, and Alexey Pertsev, for their involvement in allowing criminals launder millions of dollars worth of stolen crypto.

Tornado Cash creators deny laundering $1b for North Korea hackers

Roman Storm, a co-founder of the decentralized crypto mixing protocol Tornado Cash, has entered a plea of not guilty to charges of money laundering and conspiracy. These charges allege...

1 year ago

Google makes update to crypto policy regarding NFTs

Google update related to NFTs

Google makes update to crypto policy regarding NFTs

Google says that since Sept. 15, advertisers promoting gambling-related content will not be allowed to advertise these products or services. As part of the change log, Google shar...

1 year ago

Ethereum Programming Language Vyper New Version Released v0.3.10

New programming language for Ethereum

Ethereum Programming Language Vyper New Version Released v0.3.10

Breaking changes: Add runtime code layout to initcode. Drop evm versions through istanbul. Remove vyper signature from runtime. Non-brea...

1 year ago

Change to US accounting rules will be a boon to companies holding crypto in 2025

The Financial Accounting Standards Board has recommended that crypto be recorded at fair market value on corporate balance sheets, removing possibly significant impairments but adding to volatility.

Change to US accounting rules will be a boon to companies holding crypto in 2025

The United States Financial Accounting Standards Board has unanimously approved rules for accounting for the fair value of companies’ cryptocurrency holdings, according to media reports. T...

1 year ago

There are just six bitcoin billionaires in the world, new crypto super-rich report says

Hundreds of millions of people have crypto investments. A new report shows how many crypto millionaires and billionaires exist.

There are just six bitcoin billionaires in the world, new crypto super-rich report says

Hundreds of millions of people around the world have some form of crypto holdings, whether that is in bitcoin or one of the many other digital currencies. To be exact, 425 mi...

1 year ago

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