AirBit Club ‘ponzi’ co-founder gets 12 years prison
The co-founder of AirBit Club — a cryptocurrency pyramid scheme that swindled investors of over $100 million — has been...
Business
Crypto lender BlockFi gets court nod to repay customers
The customers of bankrupt cryptocurrency lending platform BlockFi are one step closer to being paid out after a United States...
Gemini invests $24M for expansion in India
Cryptocurrency exchange Gemini is allocating 2 billion rupees ($24 million) for its expansion in India.According to the Sept. 26 announcement,...
French telecom group invests millions in local AI industry
The French telecommunications group Iliad announced on Sept. 26 that it has plans to invest millions to build up the...
CZ appoints Binance security team to track Huobi HTX stolen funds
Hours after the crypto exchange HTX (rebranded from Huobi) reported a hack that resulted in a loss of $8 million,...
Crypto exchange Binance among firms eyeing new stablecoins in Japan
Crypto exchange Binance is teaming up with Japan’s largest bank, the Mitsubishi UFJ Trust and Banking Corporation (MUTB), to explore...
Amazon invests $4B in Anthropic AI startup
Amazon and artificial intelligence (AI) startup Anthropic have announced a new investment agreement to aid the research and development of...
China to build giant AI chip factory to bypass US sanctions: Report
China seeks to build artificial intelligence (AI) chip factories for creating particle accelerators to help bypass sanctions affecting the local...
Mixin Network hack drains $200M from mainnet assets
Decentralized peer-to-peer network Mixin Network has lost approximately $200 million in a hack involving the compromise of the database of...
HK regulator vows to intensify crackdown on unregistered crypto platforms
Hong Kong's financial regulator, the Securities and Futures Commission (SFC) has vowed to step up its efforts to combat unregulated...
Apple, Goldman Sachs drop plans for trading app: Report
Apple and Goldman Sachs scrapped plans to launch an app for futures trading, CNBC reported on Sept. 19, citing people...
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...
Investors buy $250M of FTX claims — Report
The bankruptcy claims market has been growing bullish on the debts of the collapsed cryptocurrency exchange FTX as major credit...
FTX opens lawsuit against former employees of Hong Kong affiliate
Defunct cryptocurrency exchange FTX filed a lawsuit on Sept. 21 against former employees of the Hong Kong-incorporated company Salameda, which...
Nansen third-party vendor suffers security breach, user data affected
Prominent crypto and blockchain analytics company Nansen posted on social media platform X (formerly Twitter) that one of its third-party...
Bitcoin miners double down on efficiency and renewable energy at the World Digital Mining Summit
Bitmain rolled out its next-generation Antminer S21 and S21 Hydro ASIC miners at the World Digital Mining Summit (WDMS) in...
Crypto investment firm CoinShares opens hedge fund division for US investors
Major European cryptocurrency asset manager CoinShares is launching a hedge fund division in the United States despite the country’s tough...
Coinbase sought FTX Europe acquisition after bankruptcy: Report
Crypto exchange Coinbase attempted to acquire FTX Europe twice since it filed for bankruptcy in November 2022, hoping to broaden...
Bidding war for SVB Capital, new crypto funds and Citi’s private blockchain
The venture capital industry appears to be gearing up for portfolio rebalancing in 2024, with investors positioning themselves to increase...
What Microsoft’s Conversational Ads Mean for Web3 Marketers
Microsoft has recently unveiled a fresh category of ads called “Conversational Ads.” With Bing Chat as the platform, these new...
Why are investors fleeing crypto’s safe haven?
In a year filled with uncertainty in the cryptocurrency space, a new trend has been unraveling: a stablecoin exodus that...
The day that never comes
Mt. Gox’s infamous 2014 security breach — which lost 850,000 Bitcoin (BTC) of investors’ funds — resulted in its users...
