Mashinsky pleaded guilty in December 2024 to commodities fraud and manipulating the price of CEL, earning $48 million by selling his holdings before Celsius collapsed.
Stephen Katte
Stephen Katte is an Australian freelance journalist having worked at media companies including Fairfax Media and Nine. He is also the author behind Vanguard, a post-apocalyptic science fiction novel.
- News
Celsius’ Mashinsky lashes out at ‘death-in-prison sentence’ - News
Tron says DAO X hack cost victims $45K, Curve Finance also hit The X accounts of Curve Finance and Tron DAO were recently taken over by scammers, adding to the growing list of high-profile account takeovers.
- News
OKX to restart DEX with anti-abuse upgrades after Lazarus ‘misuse’ OKX said its upgrades to the re-launched DEX aggregator include measures to identify suspicious or fraudulent onchain activity from hackers and other bad actors.
- News
Mattel to wind down its Hot Wheels Virtual Garage NFTs Users’ hot wheel NFT collections and the Mattel Digital Collectibles Marketplace will continue operating as usual through 2025, while the company evaluates what to do next.
- News
Crypto in ‘gamble mindset’ as memecoin mentions hit YTD high: Santiment Dogecoin, in particular, has seen a notable spike in online discussions as various ETF applications are being considered in the US, says Santiment's Brian Quinlivan.
- News
Sky pitches ousting Maker token to complete upgrade Sky proposed penalties on Maker tokenholders who are slow to upgrade to SKY tokens as the DeFi protocol pushes to finish its changeover.
- News
Crypto losses spike 1,100% in April with 5th-largest-ever hack: CertiK A nearly $331 million Bitcoin phishing scam pushed crypto losses in April to $364 million, jumping up from under $29 million lost in March.
- News
Crypto token failures soar, with 1 in 4 launched since 2021 dying in Q1: CoinGecko CoinGecko tracked 7 million tokens since 2021 and found that over half had failed, with 1.8 million tokens alone dying in the first quarter of 2025.
- News
FTX sues NFT Stars and Kurosemi in push to recover tokens FTX has sued NFT Stars and Kurosemi, which operates as Delysium, in the collapsed crypto exchange’s latest bid to try to scrape together money for its creditors.
- News
Australia’s finance watchdog to crack down on dormant crypto exchanges Australia’s financial intelligence agency AUSTRAC says it’s undertaking a blitz on dormant registered crypto exchanges to weed out scammers.
- News
Abu Dhabi institutional giants team up for dirham stablecoin If it gets the nod from United Arab Emirates regulators, the dirham-pegged and central bank-regulated stablecoin will operate on the ADI blockchain.
- News
Zurich Uni’s secret AI experiment manipulated Redditors’ opinions The University of Zurich's Faculty of Arts and Sciences Ethics Commission said it had investigated the incident and promised to coordinate better with test subjects in the future.
- News
Mastercard links with Circle, Paxos for merchant stablecoin payments Mastercard also partnered with OKX for a crypto-enabled bank card, which Mastercard product chief, Jorn Lambert, said creates a “360-degree approach” to stablecoins.
- News
Coinbase presses to axe rule banning SEC staff from holding crypto Coinbase legal boss Paul Grewal told SEC Chair Paul Atkins in a letter that his staff being unable to hold crypto is a roadblock for the agency's Crypto Task Force.
- News
Bitget takes legal action on alleged VOXEL futures price manipulation Bitget CEO Gracy Chen previously told Cointelegraph that the trades involved were between individual market participants and not the platform itself.
- News
Nike sued for $5 million over its shutdown of NFT platform RTFKT A proposed class lawsuit is asking Nike for $5 million in damages, claiming it broke consumer protection laws and various state unfair trade and competition laws.
- News
North Korean hackers set up 3 shell companies to scam crypto devs Silent Push senior threat analyst Zach Edwards says the FBI has since shut down at least one of the companies.
- News
Ethereum devs test a 4x increase in gas limit for Fusaka hard fork Ethereum validators supported raising the network’s gas limit on Feb. 4, increasing the gas limit to 36 million.
- News
Blockchain could be headed for ‘ChatGPT moment’ in adoption: Citigroup Citi predicts the stablecoin supply will remain US dollar-denominated, with non-US countries likely using CBDCs instead.
- News
Prosecutors seek over 6 years prison for Mango Markets exploiter Mango Markets has filed a victim impact statement asking the court that in light of Eisenberg’s conviction, to grant $47 million in restitution to the exchange.
- News
Russia’s central bank, finance ministry to launch crypto exchange Russia’s central bank announced a proposal in March to allow a limited number of Russian investors with a certain amount of assets to buy and sell cryptocurrencies under a three-year experimental regime.
- News
Crypto users cool with AI dabbling with their portfolios: Survey Crypto traders are curious about artificial intelligence and are willing to give it a shot at managing a portion of their investments, according to a CoinGecko survey.
- News
Cantor plans $3B crypto venture with SoftBank, Bitfinex and Tether: Report The Financial Times reports that Tether will fork out $1.5 billion, Softbank Group will add $900 million and Bitfinex will put in $600 million to a new crypto acquisition company, 21 Capital.
- News
Australia’s top court sides with Block Earner, dismisses ASIC appeal Australia’s financial regulator launched civil legal proceedings in November 2022, arguing Block Earner needed a financial services license to offer its crypto-linked fixed-yield earning products.
- News
US judge transfers Binance lawsuit to Florida, citing first-to-file rule US District Judge Barbara Rothstein said she granted the motion because the two lawsuits were very similar and it would promote efficiency and avoid duplicative litigation.
- News
WazirX confirms restart on track as it awaits sanction hearing in May Crypto exchange WazirX is waiting for a hearing to take place in mid-May that will allow it to restart operations and compensate affected users.
- News
Synthetix founder threatens SNX stakers with ‘the stick’ to fix SUSD depeg A Synthetix spokesperson told Cointelegraph on April 18 that sUSD’s volatility was driven by “structural shifts” after the SIP-420 launch.
- News
NFT project plans crowdfund purchase of Cold War nuclear bunker The pseudonymous co-founder of Dead Bruv, said the initiative was about trying to “make NFTs fun again” and was sparked by a joke that turned into a “lightbulb moment.”
- News
Crypto rug pulls have slowed, but are now more devastating: DappRadar DappRadar analyst Sara Gherghelas says most rug pulls in 2025 so far have been tied to memecoins, while in 2024 the main culprits were DeFi protocols and NFT projects.
- News
Yemenis are turning to DeFi as US sanctions target Houthi group DeFi platforms account for a big chunk of Yemen’s crypto web traffic, over 63%, while global centralized exchanges account for 18%, blockchain intelligence firm TRM Labs says.