Elon Musk’s Twitter plans on bringing payment services that could add support to crypto Dogecoin registered a rise in its value following the report Dogecoin (DOGE), Elon Musk’s go-t0 cryptocurrency, has seen a rise in its value over developments happening at Twitter. According to a report by Financial Times, Twitter has been designing software toContinue reading “Twitter: Elon Musk reportedly plans to build crypto functionality to payments service”

Binance has partnered with Mastercard again to launch a prepaid crypto card in Brazil The crypto exchange has previously launched the product in Argentina Binance, the biggest crypto exchange by trading volume, has partnered with Mastercard to launch a prepaid card in Brazil. The launch is part of Binance’s “efforts to broaden the connection betweenContinue reading “Mastercard, Binance to launch prepaid crypto card in this country”

Tesla has not sold any Bitcoins in the fourth quarter of 2022 The e-car manufacturer’s digital assets value has seen a significant drop compared to Q3 Tesla, an American multinational electric car manufacturer, has released its earnings report for the fourth quarter of 2022. The firm spearheaded by Elon Musk continues to hold the sameContinue reading “Tesla’s Q4 report: Position on Bitcoin (BTC) remains unchanged”

The FBI has identified two North Korean cybercrime groups in connection to the Horizon Bridge hack The bureau claimed that a portion of the stolen Ethereum (ETH) was converted to Bitcoin (BTC) The United States Federal Bureau of Investigation (FBI) announced that North Korean cybercrime groups were behind the hack of Horizon Bridge. The attackContinue reading “FBI confirms North Korean cybercrime groups stole crypto from Horizon Bridge”

US Feds have seized nearly $700 million of SBF’s assets from various financial firms The Feds also seized money from Binance and Binance.US The United States Federal prosecutors have confiscated $697 million in assets belonging to Sam Bankman-Fried – the founder of the bankrupt crypto exchange, FTX. According to a report by CNBC, FTX DigitalContinue reading “Breaking: FTX: US Feds seize nearly $700 million of SBF’s assets”

The SEC has charged Avraham Eisenberg for manipulating the price of the Mango Markets token The crypto trader has also been charged by the CFTC and Department of Justice for his role in rendering the crypto platform insolvent The United States Securities and Exchanges Commission (SEC) has joined other federal agencies in charging Avraham EisenbergContinue reading “U.S. SEC charges crypto trader for ‘orchestrating’ attack on Mango Markets”

FTX news CEO is exploring the possibility of restarting FTX International The CEO stated that they are looking if rebooting the exchange would bring more value FTX CEO – John J. Ray III stated that he is considering bringing the dead crypto exchange back to life, in an interview with the Wall Street Journal. TheContinue reading “Breaking: FTX CEO is considering restarting crypto exchange”

Genesis has reportedly started to prepare for a bankruptcy filing, which could be done by the end of this week The crypto lender owes creditors over $3 billion Troubled crypto lending platform – Genesis Global – has started to move towards filing for bankruptcy, according to a report by Bloomberg. The platform could file forContinue reading “Breaking: Genesis is reportedly planning to file for bankruptcy soon”

The U.S DoJ arrested Bitzlato founder Anatoly Legkodymo in Miami last night The crypto exchange was pulled up for being a hub for criminal activity The U.S FinCEN announced that the crypto exchange was also used to finance Russia illicitly The United States Department of Justice has announced an international cryptocurrency enforcement action. The actionContinue reading “United States DoJ arrests founder of crypto exchange Bitzlato”

ConsenSys will be letting go of 11% of its employees The move comes as an effort to cut operational costs while ensuring the growth of the product team ConsenSys, the parent firm of Metamask, has joined the slew of companies that are reducing their headcount. The firm confirmed that it would be firing a portionContinue reading “Metamask parent company, ConsenSys confirms lay offs”

FTX’s back door to Alameda gave the research arm access to borrow billions of customers fund without collateral The recovered funds are less than the assets that were supposed to be on both FTX.com and FTX US FTX Debtors released a new update on the recent developments in the bankruptcy proceedings. The update was regardingContinue reading “FTX: Alameda could borrow up to $65 billion without collateral”

SEC charges Gemini and Genesis for offering lending services via the Earn program The commission previously charged BlockFi for similar offerings The United States Securities and Exchanges Commission (SEC) has filed a charge against crypto exchange – Gemini and crypto lending platform – Genesis. The duo is accused of offering and selling unregistered securities throughContinue reading “SEC charges Gemini and Genesis for selling unregistered securities”