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FTX paid $12M retainer to a New York law firm before bankruptcy filing
Sullivan & Cromwell LLP (S&C), a law firm headquartered in New York City, received $12 million from West Realm Shires Servi...

Public Bitcoin mining companies plagued with $4B of collective debt
The Bitcoin mining community took up massive loans during the 2021 bull market, negatively impacting their bottom lines dur...

Judge pulls out of SBF-FTX case citing husband's law firm's advisory link
Judge Abrams’ withdrawal from the FTX case eradicates any conflict of interest in the FTX case because Andres continues to...

Santas and Grinches: The heroes and villains of 2022
Here’s a list of the 12 individuals who had the most impact — for better or worse — on the crypto industry this past year....

Economic frailty could soon give Bitcoin a new role in global trade
Aggressive interest rate hikes have wrought havoc on global markets. As a consequence, more countries may embrace Bitcoin i...

U.S. delays crypto tax reporting rules, as it still can’t define what a 'broker'...
Congress passed a law in November 2021 that required the new crypto rules to be issued.

2 executives of crypto exchange AAX arrested in Hong Kong: Report
The former CEO of AAX, Weigao Capital Liang Haoming, and the founder of AAX, Thor Chan, were arrested on Dec. 23....

Bridge attacks will still pose major challenge for DeFi in 2023: Security expert...
Hackers have stolen over $2.5 billion through vulnerabilities on cross-chain bridges in the past two years.

LastPass attacker stole password vault data, showing Web2's limitations
LastPass users with weak master passwords may need to change the individual passwords they stored with the service....

Web3 projects would rather get hacked than pay bounty: Finance Redefined
The top 100 DeFi tokens had a volatile yet bearish week with nearly all the tokens trading in red on the weekly charts....

Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as...
According to court documents, Caroline Ellison said she and SBF signed off on “materially misleading financial statements”...

Crypto Biz: Contagion engulfs Bitcoin miners as bear market continues
With the BTC price plunging more than 76% peak-to-trough, miners are struggling to keep their operations running....

US election agency approves use of NFTs as campaign fundraising incentive
According to the FEC, DataVault will receive “reasonable compensation” for each NFT issued to contributors, as well as trac...

Price analysis 12/23: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI
Bitcoin and most major altcoins are trading close to their overhead resistance levels, increasing the likelihood of an upwa...

Crypto exchange OKX releases second proof of reserves
The exchange’s reserves attestation comes only a month after it released its first one and is intended to promote greater t...

BTC price ignores US PCE data at $16.8K as Bitcoin rejects volatility
The latest U.S. economic data fails to induce volatility in an otherwise flat Bitcoin price playing field.

SEC general counsel announces departure from public service
"After thirty-four years of public service, it is time for me to pursue new and different challenges and opportunities," sa...

Top-five most Googled cryptocurrencies worldwide in 2022
Bitcoin remains the most-searched cryptocurrency in 2022 by far thanks to its top-brand status and being in a league of its...

OpenSea blocks Cuban artists from the platform due to U.S sanctions
OpenSea’s terms of service explicitly prohibit individuals and organizations from sanctioned regions from using its platfor...

What is Wrapped XRP (wXRP), and how does it work?
Learn what Wrapped XRP is and how to use wXRP on blockchains other than Ripple’s XRP Ledger.

FTX asks bankruptcy judge to stop BlockFi from claiming Robinhood shares
The 56 million Robinhood Markets shares at stake are currently worth around $450 million.

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