Avraham Eisenberg, a cryptocurrency trader, has been arrested in Puerto Rico on charges of market manipulation and fraud in connection with the $110 million Mango Markets decentralized exchange hack. Avraham Eisenberg admitted his involvement in the theft of funds...
Defrost Finance, a decentralized trading platform that lost $12 million in the days leading up to Christmas, has denied allegations that it subjected its members to a sophisticated exit scam. The platform reported that it was the victim of...
As the use of cryptocurrency continues to grow in popularity, Venezuelan banks have increased their efforts to monitor accounts that are frequently associated with cryptocurrency transactions. In a recent blog post, Legalrocks, a Venezuelan law firm specializing in cryptocurrency...
On December 27, cybersecurity firm Kaspersky Lab announced that the North Korean hacking group BlueNoroff had successfully stolen millions of dollars in cryptocurrencies. The group, which has been active for several years, was able to carry out this cybercrime...
Argo Blockchain, a Bitcoin mining company, has announced that it will not have to file for bankruptcy protection thanks to a deal with Galaxy Digital. The London-based firm has agreed to purchase Argo's Helios mining facility in Dickens County,...
Kraken, a cryptocurrency exchange based in the United States, has announced that it will stop operating in Japan and deregister from the Financial Services Agency on January 31, 2023. The company cited the current "weak crypto market" as one...
Sam Bankman-Fried, the former CEO of the now-bankrupt FTX crypto empire, was extradited from the Bahamas to the U.S. this week to face fraud charges and the illegal movement of customer funds. After his extradition was approved on Wednesday,...
OpenSea, a marketplace for non-fungible tokens (NFTs), has barred artists and collectors from Cuba, citing U.S. sanctions as the main reason for this action. According to the terms of service for the OpenSea marketplace, users and individuals from sanctioned...
Over the next three years, G-Rocket, a startup accelerator co-founded by Hong Kong Legislative Council members Jonny Ng Kit-Chong and Casper Wong in 2016, plans to attract 1,000 Web3 companies to the city. As part of Hong Kong's efforts...
Since the FTX crash, Binance, a leading global cryptocurrency exchange, has had to deal with fear, uncertainty, and doubt (FUD). In response to the FUD, Binance released a blog post in Chinese on December 22 that addressed seven key...
