FTX Hacker Converts Another $100 Million of Stolen ETH to BTC
A hacker who breached the defunct cryptocurrency exchange FTX in November 2022 has been converting millions of dollars worth of stolen Ethereum (ETH) to Bitcoin (BTC)
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Polygon Co-Founder Steps Down From Executive Position
In a recent development, the co-founder of Polygon, Jaynti Kanani has announced to step back from the daily operations of Polygon (MATIC), and the future of
JPEX Crypto Exchange Faces Backlash Over Forced Asset Conversion
The JPEX cryptocurrency exchange has sparked controversy and anger among some of its users after it allegedly converted their assets into low-value tokens without their consent.
BIS Launches “Project Atlas” for Tracking Financial Data of The DeFi Market
The Bank for International Settlements (BIS) has teamed up with central banks within the Eurosystem to introduce “Project Atlas,” an initiative aimed at examining the economic
Meta to Cut Staff in Metaverse Silicon Valley Unit
Meta, the parent company of Facebook, is gearing up for staff reductions within its Reality Labs division, a crucial driver of its metaverse initiatives. Employees received
SBF Deliberately Defrauded Investors for Personal Gain, Says DOJ
After the selection of 12 jurors, the most-awaited trial of Sam Bankman-Fried (SBF) began on Wednesday, October 4, with opening statements from both sides. The US
IOTA Stardust, the New Upgrade from IOTA Network
IOTA, a distributed ledger technology network, has achieved a remarkable milestone with its Stardust upgrade, which introduces new features and tokenomics to the platform. The upgrade
FTX Creditors Eyes Full Recovery With New Anthropic Funding
Anthropic, an Artificial Intelligence firm, has recently secured new funding from notable investors, including Google, an investment that might prove to be beneficial to FTX creditors.
DOJ Says Charges Against SBF Are Valid
The US DOJ has recently filed a motion that claims the charges against the ex-CEO of the infamous cryptocurrency exchange, FTX, are valid regardless of the
Yield Protocol to Shut Down by the End of 2023
Yield Protocol, a decentralized finance (DeFi) project that offered fixed-rate lending and borrowing on stablecoins, has announced that it will cease operations by the end of
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