Arrest Warrant for Terra Co-Founder Shin Dismissed by South Korean Court
A South Korean court has dismissed the arrest warrant of Terraform Labs co-founder Shin Hyun-seung (Daniel Shin) for the second time. The warrant was filed...
Author : Mridul Srivastava
FTX Founder Pleads Not Guilty to New Charges, Including Bribing Chinese Officials
Sam Bankman-Fried, the embattled founder of bankrupt cryptocurrency exchange FTX, pleaded not guilty on Thursday to new charges from US prosecutors, including bribing Chinese officials...
SEC Files Lawsuit Against Beaxy for Operating Unlicensed Securities Exchange
The Securities and Exchange Commission (SEC) has filed a lawsuit against Beaxy, its affiliated entities, and executives for operating an unlicensed securities exchange. The lawsuit...
South Korea Seeks Extradition of Terraform Founder Do Kwon
South Korea is seeking the extradition of crypto entrepreneur Do Kwon, founder of Terraform, after he was arrested in Montenegro on charges of fraud by...
NFT Trading Skyrockets, Hitting Over $311 Million in Volume in Q1 of 2023
The world of non-fungible tokens (NFTs) has seen a massive increase in virtual land trading in the first quarter of 2023, according to a report...
Celsius Network Settlement Allows 72.5% Crypto Recovery
A US Bankruptcy Judge, Martin Glenn, has approved a settlement plan for Celsius Network, a defunct crypto lending platform, allowing custody account holders to recover...
Circle’s USD Coin Redemption Outpacing Purchases Despite Recovery
Stablecoin issuer Circle is experiencing a significant redemption of its USD Coin (USDC). Customers redeemed $738.6 million on March 20, while the firm issued less...
General Bytes Suffers Highest Severity Breach, Resulting in Loss of Millions of Dollars
Cryptocurrency automated teller machine (ATM) manufacturer General Bytes suffered a security breach on March 17, enabling an attacker to access funds in hot wallets and...
Microsoft’s Edge Browser to Integrate Native Cryptocurrency Wallet
Microsoft is reportedly working on integrating a native cryptocurrency wallet in its Edge web browser, according to Twitter user Albacore. The wallet is described as...
SVB Financial Group Files for Chapter 11 Bankruptcy: Analysis of the Latest Developments
SVB Group, the former parent company of the Silicon Valley Bank, has recently submitted a Chapter 11 bankruptcy filing. This filing was submitted to the...