Sam Bankman-Fried, founder and former CEO of FTX, has been found guilty of all seven charges brought against him by federal law enforcement authorities in a Manhattan Federal Court on Thursday, November 2, 2023. After a month-long, the 12-man...
JPEG'd, a peer-to-peer non-fungible token (NFT) lending platform, has issued a critical alert to its users regarding a significant upsurge in phishing campaigns and the emergence of a dangerous revocation tool that poses a serious threat to digital assets....
The Hong Kong Monetary Authority (HKMA) has released its findings from the first phase of its experimental journey into exploring the potential benefits of a central bank digital currency (CBDC) for the region's residents. According to HKMA's report, the...
The Monetary Authority of Singapore (MAS) has initiated a significant collaboration with financial regulators from Japan, Switzerland, and the United Kingdom to foster the development of cross-border digital currency products and services. In a statement released on October 30,...
Thailand's second-largest bank, Kasikornbank (KBank), has completed the acquisition of a majority stake in the local cryptocurrency exchange Satang Pro. The deal, valued at 3.7 billion baht, approximately $103 million, was officially announced through the Stock Exchange of Thailand...
A $6.5 million donation made by FTX to the nonprofit organization Center for Applied Rationality (CAIS) in 2022, just months before the exchange filed for bankruptcy, is now the subject of fresh legal battles for the embattled exchange. According...
Mastercard is teaming up with crypto offramp platform Moonpay to identify potential applications of Web3 technology for experiential marketing campaigns. Moonpay revealed this collaboration in an announcement on October 25, 2023. The company noted that the partnership aims to...
Anthony Scaramucci, founder of SkyBridge Capital, has expressed skepticism about Sam Bankman-Fried's chances in his ongoing criminal trial in U.S. courts; he suggested that Bankman-Fried is no match for the government prosecutors. Scaramucci voiced these concerns in an interview...
Maestrobots, a popular cryptocurrency trading bot group, has completed the refund process for users affected by a recent exploit on its Maestro Router 2 contract on the Ethereum blockchain. The group announced this development officially in a post on...
The U.S. Securities and Exchange Commission (SEC) has imposed a $2.5 million fine on BlackRock Advisors for misrepresenting investments in its publicly traded BlackRock Multi-Sector Income Trust. According to the SEC, between 2015 and 2019, the world's largest asset...
