Genesis’ Grayscale Shares Valued at $1.6B

Court Frees Genesis to Sell GBTC Shares Worth $1.3B to Compensate Clients

Genesis Global obtained bankruptcy court approval on Wednesday to sell its Grayscale Bitcoin Trust (GBTC) shares. The bankrupt crypto lender can now sell its 35m GBTC shares ...

7 months ago

The South Korean NFT and game development platform apparently suffered a private key leak that hackers used on Feb. 9.

PlayDapp exploit continues into 4th day, with losses reaching $290M

PlayDapp announced just before 11:00 am UTC on Feb. 13 that it had halted its smart contract to take a screenshot for migration as the hack against the South Korean Web3 game development platfor...

7 months ago

Ripple bought Swiss custody provider Metaco last year, but Standard has a New York BitLicense.

Ripple acquires Standard Custody & Trust, its second custody provider

Ripple has acquired Standard Custody & Trust Company, a United States digital asset custody provider. The company already had ties to Ripple through its executives. Standard Custod...

7 months ago

Nelson Highlights Treasury’s Focus on Illicit Finance

US Treasury to Discuss Crypto Finance Concerns at Congressional Hearing

The United States Treasury is gearing up to address Congress on the emerging challenges posed by cryptocurrencies to existing financial regulatory frameworks. In his prepared test...

7 months ago

Between Feb. 13 and Feb. 14, 2024, the volume of liquidations in the cryptocurrency market approached $140 million.

Crypto liquidations daily volume approaches $140m

According to CoinGlass, 45,965 traders have had their positions liquidated in the last 24 hours. Approximately $91 million in losses came from long positions and almost $49 million from sho...

7 months ago

Digitex CEO Charged for Illegally Operating Crypto Futures

Digitex crypto futures exchange CEO Adam Colin Todd willfully failed to include adequate anti-money-laundering (AML) program, Florida federal court alleged. The US Attorney’s Off...

7 months ago

Indian eSports startup STAN has partnered with Aptos Labs to launch an eSports fandom platform.

Aptos to launch eSports blockchain platform in India

According to a post on the X Aptos account, together with STAN, the companies will bring the scalability and performance of Aptos to the eSports community. Additionally, the partnership will ope...

7 months ago

Policy Implication of Warren’s Anti-Crypto Legislation

Blockchain Association Warns Warren’s Anti-Crypto Legislation Threatens US Jobs and Strategic Advantage

The Blockchain Association has sent a second letter to the House Financial Services Committee and Senate Banking Committee expressing concerns over a bill sponsored by Senator Elizabeth Warren.

7 months ago

Most accused celebrities came out to deny their links to the fraudulent schemes, while a few involved have ceased all relationships with the accused firm.

South Korea rocked by alleged celebrity crypto scandal

South Korea has been hit by an alleged crypto scandal linked to many popular celebrities and YouTubers involving the promotion of a fraudulent scheme. According to a report p...

7 months ago

San Francisco-based venture capital firm Founders Fund spent $100 million on Bitcoin, and another $100 million on Ethereum last year.

Peter Thiel’s Founders Fund reportedly spent $200m on crypto

In the summer of 2023, when Bitcoin (BTC) was trading below the $30,000 mark, Peter Thiel’s Founders Fund began actively buying BTC alongside Ethereum (ETH), the second...

7 months ago