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SEC Opposes Celsius Network’s Plan to Involve Coinbase in Bankruptcy and Reorganization

On Monday, the United States Securities and Exchange Commission (SEC) voiced its objection to Celsius Network’s proposal involving Coinbase as part of its bankruptcy and reorganization plan. The move came...
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Mixin Network Faces Massive $200 Million Crypto Heist

According a Cointelegraph report, the decentralized peer-to-peer network Mixin Network has fallen prey to a massive cyber attack, resulting in the loss of approximately $200 million in crypto assets. The...
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Crypto Industry Expert Criticizes SEC’s Regulatory Approach at TechCrunch Disrupt 2023

At TechCrunch Disrupt 2023, Chris Lehane, Chief Strategy Officer of Haun Ventures, a prominent web3-focused venture capital firm, expressed concerns over the regulatory landscape surrounding the crypto industry. Lehane argued...
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OpenSea Urgently Advises API Key Rotation Following Security Breach

In a recent development, OpenSea, the prominent NFT marketplace, has issued a warning to specific platform users urging them to promptly update the keys associated with their APIs (application programming...
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Former a16z Partner Katie Haun Sees Opportune Times for Crypto Investments

In a recent interview at TechCrunch Disrupt, former a16z general partner Katie Haun expressed her confidence in the crypto industry, emphasizing that now is an excellent moment for investment. Reflecting...
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FTX Files Lawsuit Against Former Employees for Alleged Asset Misappropriation

The block reports that, bankrupt cryptocurrency exchange FTX has taken legal action against former employees of its Hong Kong affiliate, Salameda, for the alleged preferential or fraudulent transfer of assets,...
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The Harsh Reality of NFT Investments: 95% of Tokens Now Worthless

According to Futurism publication, a recent report titled “Dead NFTs: The Evolving Landscape of the NFT Market,” crypto platform dappGambl has revealed a startling revelation about the current state of...
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Paris Saint-Germain F.C. and Crypto.com Pioneer AI-Generated NFT Matchday Posters

In a groundbreaking collaboration, Paris Saint-Germain F.C., the renowned French soccer club, is joining forces with their cryptocurrency exchange sponsor, Crypto.com, to unveil a series of matchday posters crafted in...
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Geopolitical Motivations Behind Meta’s Libra Project Unveiled by Co-Creator Morgan Beller

Image credits: CNBC In a candid moment at TechCrunch Disrupt 2023, Morgan Beller, co-creator of Meta’s erstwhile Libra digital currency project, unveiled the driving force that propelled her involvement –...
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Crypto Exchange FTX Files Lawsuit Against Founder’s Parents, Alleging Misappropriation of Customer Funds

Reuters reports that, FTX, the beleaguered cryptocurrency exchange, has taken legal action against the parents of its founder, Sam Bankman-Fried. The lawsuit, filed on Monday, accuses Stanford professors Joseph Bankman...
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