Mutant Ape Planet creator arrested in NY for alleged $2.9M NFT ‘fraud’The developer of a Mutant Ape Yacht Club knock-off collection has allegedly defrauded investors of $2.9 million and admitted to a rug pull.Jan 6, 2023Luke Huigsloot
Asia Express: China’s NFT market, Moutai metaverse popular but buggy…The new national NFT market in China, 1 million users flock to Moutai distillery’s metaverse in just two days, and Final Fantasy developer Square Enix goes all in on blockchain games.Jan 5, 2023Zhiyuan Sun
US authorities are turning their attention to FTX’s Nishad Singh: ReportFTX’s bankruptcy filings show a $543 million loan to former engineering director Nishad Singh, who was reportedly a part of the secret ‘wirefraud’ chat group.Jan 5, 2023Turner Wright
CME Group to launch 3 metaverse reference rates Axie Infinity, Chiliz and Decentraland will be represented in CME’s new reference rates and real-time indexes.Jan 5, 2023Sam Bourgi
DeFi security losses rose 47.4% in 2022 to hit $3.64B: ReportOver $1.40 billion worth of stolen DeFi funds was reportedly laundered via Tornado Cash during that period.Jan 5, 2023Zhiyuan Sun
Crypto lender Genesis lays off 30% more staff: ReportGenesis announced in August that it planned to cut its then-260-person workforce by 20%, with CEO Michael Moro moving into an advisory role.Jan 5, 2023Turner Wright
US authorities to intensify scrutiny of crypto industry in 2023 The Securities and Exchange Commission, Financial Accounting Standards Board and Internal Revenue Service are working to tighten crypto regulations and expand industry oversight.Jan 5, 2023Ana Paula Pereira
Quantum computers may soon breach blockchain cryptography: ReportCryptography experts are somewhat skeptical of the technique’s scalability but aren’t ruling out the possibility of success either.Jan 5, 2023Zhiyuan Sun
ECB official urges CBDC development for the good of cryptocurrency and consumersECB board member Fabio Panetta has woven his enthusiasm for blockchain technology and skepticism of cryptocurrency into an argument that supports both, albeit begrudgingly.Jan 5, 2023Derek Andersen
US senator behind efforts to pass major crypto bill won’t seek re-electionSenator Debbie Stabenow was one of the lawmakers behind introducing the Digital Commodities Consumer Protection Act in August.Jan 5, 2023Turner Wright
Crypto in 2023 — Do bulls have a chance? Watch Market Talks on CointelegraphJoin us as we discuss what 2023 holds for crypto. Hosting the show will be Cointelegraph’s head of markets, Ray Salmond, with special guest Mohit Sorout.Jan 5, 2023Cointelegraph
Three Arrows Capital founders subpoenaed on Twitter3AC founders Zhu Su and Kyle Davies have been ordered to provide all documents in their possession or control, regardless of whether the information is held by them directly or is in control of a third party.Jan 5, 2023Ana Paula Pereira
Redeeming physical NFTs: Easier said than done?A number of challenges must be overcome in order for “phygital” NFT projects to gain traction.Jan 5, 2023Rachel Wolfson
Alex Mashinsky sued by NY AG for allegedly hiding Celsius’ ‘dire financial condition’Alex Mashinsky’s actions leading up to Celsius declaring bankruptcy allegedly contributed to investor losses by misrepresenting the platform’s financial condition.Jan 5, 2023Turner Wright
What is institutional DeFi, and how can banks benefit?Institutional DeFi could be a new paradigm that banks can leverage for product innovation, new pricing models and operational efficiencies.Jan 5, 2023Arunkumar Krishnakumar
StarkNet overhauls Cairo programming language to drive developer adoptionEthereum layer-2 scaling platform StarkNet has revamped its Cairo programming language to enable easier onboarding of new developers.Jan 5, 2023Gareth Jenkinson
MyEtherWallet CEO talks about the future of crypto self-custodyTune in to the third episode of Hashing It Out as Cointelegraph’s Elisha Owusu Akyaw discusses the future of noncustodial cryptocurrency wallets with Kosala Hemachandra, CEO of MyEtherWallet.Jan 5, 2023Elisha Owusu Akyaw
FTX’s former top lawyer cooperated with the US in Sam Bankman-Fried caseFTX’s former compliance chief, Daniel Friedberg, started working for Sam Bankman-Fried in 2017 and resigned from FTX days before the exchange collapsed.Jan 5, 2023Helen Partz
Silvergate sold assets at loss and cut staff to cover $8.1B in withdrawals: ReportSilvergate has reportedly laid off 200 members of its staff, which is around 40% of its total number of employees.Jan 5, 2023Ezra Reguerra
Hong Kong lawmaker wants to turn CBDC into stablecoin featuring DeFiA Hong Kong official believes that a government-backed stablecoin would serve as a better entry point to Web3 compared to private stablecoins.Jan 5, 2023Helen Partz
Bank of England answers professionals’ questions about upcoming CBDC walletThe Bank of England answered more than 70 questions from applicants who wish to win over the $244,000 contract.Jan 5, 2023Ezra Reguerra
Logan Paul threatens to sue Coffeezilla over CryptoZoo ‘scam’ allegationsYouTube boxer Logan Paul, who was spearheading the CryptoZoo NFT project, has accused Coffeezilla of publishing “defamation” about him and the project.Jan 5, 2023Luke Huigsloot
‘Big move brewing’ for BTC price? Bitcoin may stay flat, hints analystThe Bitcoin Bollinger Band “squeeze” is not a firm indicator of a breakout, says the metric’s creator.Jan 5, 2023William Suberg
Twitter data breach: Hacker put 200M users’ private information up for grabs The hacker had demanded $200,000 to return the breached data back in December but warned that if their conditions are not fulfilled, they will release the data for free.Jan 5, 2023Prashant Jha
Mango Markets exploiter Avraham Eisenberg ordered into detention pending trialA United States Magistrate Judge determined that it was necessary to detain the Mango Markets exploiter before finishing the trial.Jan 5, 2023Ezra Reguerra
LastPass data breach led to $53K in Bitcoin stolen, lawsuit allegesA class action is seeking damages from the password manager following a data breach in August 2022.Jan 5, 2023Martin Young
Crypto firm Juno urges users to withdraw after ‘uncertainty’ with custody partnerJuno recommended users pull their funds from the platform amid “uncertainty” over the fate of its crypto custody provider Wyre.Jan 5, 2023Jesse Coghlan
Fanatic sells 60% stake in Candy Digital amid ‘imploding NFT market’The sports merchandise giant has got cold feet in the shrinking NFT market.Jan 5, 2023Martin Young
Magic Eden to refund users after fake NFTs sold due to exploit Over a dozen fake NFTs were sold on the Magic Eden marketplace due to a "massive exploit" on the platform.Jan 5, 2023Jesse Coghlan
SEC files objection to Binance.US’s plans to acquire Voyager DigitalThe SEC wants to see more information included in the $1.022 billion deal between Binance’s U.S. arm and Voyager Digital before it agrees to the acquisition.Jan 5, 2023Luke Huigsloot