Celsius creditors committee proposes suing Mashinsky, other Celsius execs
The official committee of Celsius creditors is proposing to sue Celsius co-founder Alex Mashinsky and other executives for "fraud, recklessness,...
Business
Charity tied to former FTX exec made $150M from insider trading: Report
Polaris Ventures, a charity created by former FTX and Alameda chief of staff Ruairi Donnelly, reportedly wants to access roughly...
UK think tank launches a crusade against ‘surveillance’ CBDCs
The United Kingdom Tax Reform Council has launched a campaign against the Bank of England’s plan to introduce a central...
Cathie Wood’s Ark Invest bags nearly $16M Coinbase stocks in February
Cathie Wood’s investment management firm Ark Invest continues stacking Coinbase (COIN) stock amid the latest cryptocurrency market decline.On Feb. 10...
Paxos ‘categorically disagrees’ with the SEC that BUSD is a security
Paxos Trust Company says it “categorically disagrees” with the United States securities regulator that has described Binance USD (BUSD) as...
Stablecoins not the target in BUSD crackdown: Matrixport head of research
Crypto financial services Matrixport's head of research believes the recent scrutiny of Paxos and its Binance USD (BUSD) token is...
FTX Pausing Ethereum Deposits and Withdrawals for Merge, Supporting Fork Tokens
Key Takeaways FTX will be pausing ETH and ERC-20 token deposits and withdrawals for at least 30 minutes during two...
Iris Energy to nearly triple hashrate with estimated 44,000 new BTC miners
Australia-based Bitcoin (BTC) mining company, Iris Energy, revealed it will nearly triple its mining capacity with the addition of thousands...
Bakkt sunsets its consumer-facing crypto app to focus on B2B solutions
Digital asset platform Bakkt has announced its plans to shift its focus to B2B technology solutions. The company said it...
Coinbase CEO invites DC residents over for ice cream and crypto talk
Brian Armstrong, the chief executive officer of United States-based cryptocurrency firm Coinbase, is looking for lawmakers and regulators to discuss...
OKX Shines As Proof Of Reserves, Security Grab The Spotlight
OKX is known for its innovative approach to security, using cutting-edge technology and strict security protocols to ensure that all...
Coinbase will ‘happily defend’ staking in US courts, says CEO
Crypto exchange Coinbase’s executives are standing up for its crypto staking services, claiming they cannot be classified as a security...
Crypto, forex platform CEO pleads guilty to $248M fraud scheme
Eddy Alexandre, CEO of purported crypto trading platform EminiFX has pleaded guilty to commodities fraud in a New York district...
Nexo shutters US Earn product a month after settling with regulators
Cryptocurrency lending firm Nexo Capital is set to terminate its yield-bearing Earn Interest Product for its customers in the United...
Crypto bank Silvergate ranks as the second most-shorted stock on Wall Street
Crypto bank Silvergate Capital Corp. stands in the second position as most-shorted stock in the United States, with over 72.5%...
Canadian University Dubai backtracks on accepting crypto via Binance Pay
Not even 24 hours after the Canadian University Dubai (CUD) announced its partnership with Binance Pay to accept course fees...
Russian government subsidizes crypto mining facility in Siberia
The crypto mining industry has faced moratoriums in some parts of the United States and Canada in recent months. Now,...
LocalBitcoins closes down P2P crypto exchange service
Finland-based peer-to-peer (P2P) cryptocurrency platform LocalBitcoins is shutting down operations after serving its customers for more than 10 years.LocalBitcoins officially...
Bitfarms settles outstanding loan with BlockFi for $7.75M
Bitcoin (BTC) miner Bitfarms has settled its debt obligations with BlockFi, closing the chapter on its short relationship with the...
Shopify launches suite of blockchain commerce tools for merchants
Crypto-friendly e-commerce giant Shopify has launched a suite of blockchain commerce tools to enhance the user experience of their web3-focused...
Bit2Me and Mastercard launch debit card with crypto cashback
The merger of Web2 and Web3 tools continues as crypto-backed debit cards become more mainstream. In an announcement on Feb. 10,...
Celsius CEO Suggests Pivot to Custodial Services in Move Nobody Asked For
Key Takeaways Celsius CEO Alex Mashinsky wants to rebrand Celsius to “Kelvin,” according to the New York Times. Under the...
