Category : Blockchain

Blockchain

Despite the attacker borrowing 100 million BEUR

Damage estimates were $120 million. (Read More)

Prime Minister of Japan Fumio Kishida Comes Out in Support

On Feb. 1, Prime Minister Fumio Kishida addressed the House Budget Committee on DAOs, NFTs, and Web3. (Read More)

Randall Crater, Founder of "My Big Coin" Sentenced

A U.S. Federal Court Judge sentenced Randall Crater to 100 months in prison. Crater defrauded 55 investors with $7.6 million. (Read More)

The January figures are 92.7% lower than the $121.4 million

In January, crypto attacks cost PeckShield $8.8 million, compared to $121 million last year. (Read More)

Celsius' Official Creditor Committee Denies Rejected Bids

Celsius Official Committee of Unsecured Creditors attorneys have criticised crypto blogger Tiffany Fong for releasing information about prospective Celsius offers, saying it would hurt negotiations. (Read More)

BankProv Stops Offering Loans Secured by Crypto Mining Rigs

BankProv said in an SEC filing that it would no longer lend against crypto mining machines. (Read More)

Hopes Dashed for India's Crypto Community

The Indian crypto community was upset that the budget did not address crypto, hoping for a 30% tax decrease. (Read More)

U.K. Treasury Proposes Ambitious Crypto Regulations

The UK Treasury labelled algorithmic stablecoins "unbacked crypto assets" rather than banning them. (Read More)

Tether Denies Receiving Any Loans From Celsius

Tether's chief technical officer Paolo Ardoino denied borrowing from Celsius in response to Celsius' examiner report. (Read More)

Binance's New Blockchain Platform Aims to Build Web3 Infrastructure

BNB Chain stores storage metadata, while third-party storage providers store data. (Read More)

FTX and Affected Parties Request Subpoenas for Information from close relatives

FTX subpoenas Sam Bankman-Fried and colleagues for bankruptcy proceedings. (Read More)

Former FTX CEO ordered not to contact current or former employees

Sam Bankman-Fried cannot contact FTX or Alameda personnel or utilise Signal as part of his bail terms. (Read More)

Kazakhstan Seeks to Improve Cryptocurrency Trading Framework

DATF framework supports "AFSA's Strategy for 2022," which includes crypto framework development as one of three regulatory goals. (Read More)

HKMA Stablecoin Regulations to Demand Backing by Underlying Assets

The main financial regulator will require stablecoin issuers to always back their values with reserve assets. (Read More)

SEC Loses Appeal in LBRY Vs. SEC

The crypto community hailed the LBRY ruling that LBC tokens sold on the secondary market are not securities. (Read More)

Yuga Labs Facing More Lawsuits Over NFTs

Rosen, a global legal firm, has encouraged BAYC and APE investors to join a class action lawsuit against Yuga Labs for securities law violations. (Read More)

Cardano's New Algorithmic Stablecoin DJED

ADA, Cardano's native token, backs the algorithmic stablecoin, which is tied 1:1 to the US dollar. (Read More)

Greenidge Reduces Debt with NYDIG

Greenidge lowered its NYDIG debt by 76% by relinquishing partial ownership of Bitcoin mining gear and credits. (Read More)

Tesla's $140 Million Bitcoin Loss Shows the Risk of Crypto Holdings

Q1 2021 Tesla spent $1.5 billion on Bitcoin. (Read More)

Poundtoken and BitcoinPoint will make the country's first 100% backed GBP stablecoin

Two UK firms employ ATM stablecoins to make Britain a "crypto centre." (Read More)

US senators write to Silvergate Capital for answers on FTX collapse

Senators Elizabeth Warren, Roger Marshall, and John Kennedy stated Silvergate had not adequately addressed its improper management of FTX customer cash. (Read More)

Ethereum to Launch Zhejiang Public Withdrawal Testnet

Staked Ethereum is frozen until the Shanghai update. (Read More)

The Philippines SEC seeks to bring cryptocurrencies under its scope

The Philippines Securities and Exchange Commission (SEC) has suggested new cryptocurrency regulations to improve its control. (Read More)

Secret Network Validator Smart Stake to Shut Down Nodes

Smart Stake will no longer provide validator services to the Secret Network in light of an internal leadership conflict and transparency concerns. (Read More)

The launch of a nonfungible token protocol on the Bitcoin mainnet

On Jan. 21, Bitcoin introduced "Ordinals," an NFT-like programme. However, meme-inspired JPEGs are filling Bitcoin blockspace. (Read More)

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