Mixin Network is a protocol designed to address blockchain scalability issues – at the expense of having a centralized database.

Mixin Network Losses Nearly $200M in Hack

Mixin Network has confirmed a report from SlowMist, a blockchain security consultancy, that it has been hacked for nearly $200 million. “In the early morning of September 23...

1 year ago

Alchemy Pay has joined the ranks of crypto firms like Coinbase and Jack Dorsey’s Block in securing a Money Transmitter License in Arkansas.

Crypto payment firm Alchemy Pay wins money transmitter license in US

Cryptocurrency payment gateway Alchemy Pay is expanding its global presence after securing a major payment license in the United States. Alchemy Pay has obtained a Money Transmitter Li...

1 year ago

According to the allegations, Sam Bankman-Fried’s father, Joseph Bankman, was a “de facto officer” at FTX Group.

FTX founder’s parents sued, accused of stealing millions from crypto exchange

Debtors of the bankrupt cryptocurrency exchange FTX have launched legal action against the parents of FTX founder Sam “SBF” Bankman-Fried, alleging that they misappropriated mil...

1 year ago

Creditors of crypto lender Celsius Network have reported receiving a new flood of phishing emails, likely resulting from two data breaches in 2022.

Celsius creditors flag renewed phishing attacks ahead of bankruptcy plan

Creditors from bankrupt crypto lender Celsius Network are again being targeted in a new wave of phishing attacks as the crypto lender’s bankruptcy proceedings enter its final stages. ...

1 year ago

The parents of FTX founder Sam Bankman-Fried are being sued for money they allegedly received improperly from the crypto firm ahead of its collapse.

FTX: 'King of Crypto' parents sued over missing millions

In a filing, managers at the bankrupt firm accuse the couple of holding millions of "fraudulently transferred" dollars and of turning a blind eye to misconduct at the company.

1 year ago

Critics often overlook the inconvenient fact that “decentralized” blockchains in fact depend on centralized points of failure that have the potential to corrupt entire ecosystems.

Decentralized finance needs alternatives to blockchain

One of the laziest and most frustrating criticisms of digital currencies — particularly Bitcoin BTC $26,929  — is when pundits liken it to a pyramid scheme d...

1 year ago

It is currently trading at a floor price of 0.059 ETH

Major NFT Marketplaces Remove Mila Kunis' Stoner Cats Following SEC Charges

Major NFT marketplaces, including OpenSea, Blur, and Rarible, have taken down the Stoner Cats NFT pro...

1 year ago

Mark Scott, a lawyer accused of laundering $400 million in the infamous OneCoin cryptocurrency scam in 2019 has been denied a new trial.

OneCoin Lawyer Involved In Laundering $400 Million Denied Fresh Trial

According to a report from Bloomberg, the motion seeking a fresh trial was declined by the court despite the defendant citing several legal mistakes including false testimony in the ...

1 year ago

NFL Star Trevor Lawrence and Two Other Celebrities Settle FTX Lawsuit

Three high-profile figures, including NFL quarterback Trevor Lawrence and popular YouTubers Kevin Paffrath and Tom Nash, have chosen to settle a lawsuit relating to their promotional a...

1 year ago

Eleanor Terrett Fri, September 15, 2023 at 12:09 AM GMT+3 One of crypto’s top state regulators is leaving his post by the end of the month

Top crypto state regulator to step down, headed to private sector

Peter Marton, deputy superintendent of virtual currency at the New York State Department of Financial Services, will step down from his job effective Sept. 29, acco...

1 year ago