Crypto News
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Nexo Discontinues Earn Crypto Interest Product for GMX and THORChain (RUNE) Tokens
Crypto lending platform Nexo announces changes to its Earn Crypto Interest product for GMX and THORChain (RUNE) tokens, discontinuing the product for these tokens as of January 16, 2023, to ensure the long-term growth and sustainability of the platform
LendHub Loses $6 Million in Security Breach
After a hacking incident on a decentralized lending platform, an investigation is underway to recover the funds and find the perpetrator
Amid Microsoft's $10,000,000,000 OpenAI Investment, AI Altcoins Soar
The price of alternative cryptocurrencies focused on artificial intelligence (AI) has skyrocketed this week on the news that Microsoft is planning a massive investment in the AI industry
WonderFi and Coinsquare are in merger talks
According to a Bloomberg report, WonderFi is in talks with Coinsquare about a possible merger
Crypto Fraud Victims Receive Over $17 Million in Restitution from BitConnect Scheme
A federal district court in San Diego ordered today that over $17 million in restitution be distributed to approximately 800 victims from over 40 different countries due to their investment losses in BitConnect, a massive cryptocurrency investment scheme which defrauded thousands of investors worldwide
The SEC charged Genesis Global Capital and Gemini Trust Company
SEC Charges Genesis and Gemini for the Unregistered Offer and Sale of Crypto Asset Securities through the Gemini Earn Lending Program
Samsung Launches Bitcoin Futures ETF
On January 13, Samsung Asset Management's bitcoin futures ETF (exchange-traded fund) will begin trading on the Hong Kong Stock Exchange
MetaMask Warns Against Copy-Pasting Crypto Wallet Addresses
According to MetaMask, a new type of wallet address fraud is spreading rapidly and is primarily aimed at naive copy-and-pasters
12 Jan 2023
Crypto lender Nexo, has been the subject of a probe and site raids in Bulgaria
On Thursday, Bulgarian prosecutors announced that they had raided more than 15 locations in the country's capital, Sofia, to learn more about the cryptocurrency lending platform Nexo and any possible illegal activities that may have taken place there
11 Jan 2023
Avalanche and AWS Partnership Brings Scalable Blockchain Solutions to Enterprises and Governments
Imagine selling a house, trading an asset, or paying a claim in seconds. Contract, payment, and receipts are tied together in one action, with the trade history permanently logged. The transfer avoids banks, brokers, and agents
11 Jan 2023
Attorney says FTX recovered $5 billion in cash and securities
An attorney for SBF's cryptocurrency exchange FTX testified on Wednesday that his client had recovered over $5 billion in cash and liquid cryptocurrencies and securities
11 Jan 2023
Binance Registers With Swedish Regulator
As with France, Italy, Lithuania, Spain, Cyprus, and Poland, Sweden is the latest European country where Binance is registered
