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DeFi security losses rose 47.4% in 2022 to hit $3.64B: Report
Over $1.40 billion worth of stolen DeFi funds was reportedly laundered via Tornado Cash during that period.

Litecoin, Dogecoin See Mining Surge After Prices Rise Post-Merge
The Ethereum Merge wiped out an enormous segment of the crypto mining sector. But where did all that hash rate go?

Crypto and DeFi Losses Hit $3.9 Billion in 2022, Says Report
2022 saw billions of losses to DeFi and crypto exploits. Only 5.2% of the losses were recovered, according to a report by Immunefi. The post...

Crypto lender Genesis lays off 30% more staff: Report
Genesis announced in August that it planned to cut its then 260-person workforce by 20%, with CEO Michael Moro moving into...

SAND: Risk-averse traders can lock in profits at $0.4524, but…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’...

Developer of ‘Mutant Ape Planet’ NFTs Arrested, Charged With Fraud for Alleged $...
The developer of the Mutant Ape Planet non-fungible token (NFT) collection – a knock-off of the popular Mutant Ape Yacht Club NFT collection...

US authorities to intensify scrutiny of crypto industry in 2023
The SEC, FASB, and IRS are working to tighten crypto regulations and expand industry oversight.

3AC Founder Subpoenaed on Social Media After Constantly Tweeting Following Bankr...
The United States Bankruptcy Court subpoenaed Three Arrows Capital co-founder Kyle Davies on Twitter to produce vital company documents. T...

Quantum computers may soon breach blockchain cryptography: Report
Cryptography experts are somewhat skeptical of the technique's scalability, but aren't ruling out the possibility of succes...

French Central Bank Head Wants Crypto Licensing Ahead of MiCA Standards: Bloombe...
The current turmoil in the crypto markets shows the need for such requirements as soon as possible, the banking chief said.

Ethereum Classic achieves strong bounce back, thanks to hash rate stimulation
Ethereum Classic’s hash rate bounced back slightly, potentially indicating increased network activity. ETC’s bullish momentum might be limit...

ECB official urges CBDC development for the good of cryptocurrency and consumers
ECB board member Fabio Panetta has woven his enthusiasm for blockchain technology and skepticism of cryptocurrency into an...

Altcoin Trading Dominance Exceeds 50%, What Does This Mean For Bitcoin?
On-chain data shows the trading dominance of altcoins is now more than 50%; here’s what this may mean for Bitcoin. Altcoin Trading Dom...

US senator behind efforts to pass major crypto bill won't seek re-election
Senator Debbie Stabenow was one of the lawmakers behind introducing the Digital Commodities Consumer Protection Act in Augu...

Anyone Who Took Money From FTX Ought to Repay It

Dogecoin falls beneath an area of support, is it the right time to short?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’...

Declining Demand for Binance's BUSD Represents New Chapter in Stablecoin Wars
The largest crypto exchange’s Binance USD stablecoin endured $5.5 billion net redemptions in a month amid concerns about Binance. Top rivals...

3AC Execs Served Subpoena Via Twitter Due To Whereabouts Unknown
Liquidators representing the bankrupt asset manager’s creditors have accused the firm’s co-founders of refusing to cooperate

Silvergate Cuts 40% Jobs, Writes Off Diem Asset Acquisition
Silvergate Capital has been forced to take drastic action as a consequence of its association with FTX and its collapse. The post Silvergate...

NY Attorney General Sues Celsius Co-Founder For Fraud
According to the Wall Street Journal, Celsius co-founder Alex Mashinsky was sued by New York Attorney General Letitia James. The government...

MicroStrategy, Marathon Digital Shares Fall Amid Crypto Bank Silvergate's Woes
Silvergate also cut 40% of its staff and has written off the $196 million related to its Diem acquisition.

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