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    Blockchain

    Parsec Crypto Analytics Firm Raises $4 Million in Investment Round Led by Uniswap and Billionaire Novogratz’s Galaxy Digital

    Pro on-chain DeFi and NFT analytics platform Parsec has secured $4 million in an investment round. 

    A Saudi Prince, Chinese Government Officials, and Thai Prostitutes: Former Alameda Research CEO’s Damning Testimony Continues against Sam Bankman-Fried

    Caroline Ellison, former Alameda Research CEO and ex-girlfriend of disgraced FTX founder Sam Bankman-Fried, stunned the jury today in Manhattan Federal Court when she revealed startling claims involving Alameda Research’s ties to international government officials.

    Speculation vs. Utility: Cryptocurrency’s Identity Crisis

    The key question facing the crypto industry is what the real utility of cryptocurrency is, according to Wall Street Journal columnist Jon Sindreu.

    EU’s Securities Regulator Weighs In On The Risk and Benefits of DeFi to the Economy

    The European Securities and Market Authority (ESMA) has released a report on the development of decentralized finance (DeFi) and the risk posed by growing adoption.

    From Paradise to Courtroom: Sam Bankman-Fried’s $35 Million Bahamas Property

    Prior to his crypto empire’s collapse eleven months ago, disgraced FTX boss Sam Bankman-Fried (SBF) lived on a lavish Bahamas property alongside nine close friends, accomplices, and fellow executives.

    Bitfinex Owner Seeks Regulatory Leverage with $150 Million Buyback

    In response to the recent regulatory challenges faced by Bitfinex, iFinex Inc., the Hong Kong-based parent company, is set to repurchase shares worth $150 million from its shareholders, constituting approximately 9% of the company's total outstanding capital. This move, reported by Bloomberg on October 10, aims to provide iFinex with greater control over its private dealings and streamline its ownership structure.

    JPMorgan Chase Conducts First Blockchain-Based Collateral Settlement with BlackRock and Barclays

    The blockchain-based collateral settlement application of JPMorgan Chase & Co., a global banking giant, the Tokenized Collateral Network (TCN), is now live, having completed its inaugural transaction involving two significant clients: BlackRock and Barclays. 

    Malaysian Crypto Firm Hata Receives Green Light From Malaysian Regulators to Run ‘Digital Asset Exchange’ – Adoption on the Rise?

    The Malaysian financial regulator – Securities Commission Malaysia (SC) – has granted in-principal approval to cryptocurrency exchange and digital broker Hata.

    Hamas Received $41 Million in Crypto in Lead Up to Attack on Israel

    Investigations based on Israeli government seizure orders and blockchain analytics have indicated that Hamas, along with other militant groups such as Palestinian Islamic Jihad (PIJ) and Hezbollah, received millions of dollars in crypto funding in the lead-up to the attack on Israel.

    SBF’s Legal Time Seeks to Cross Examine Caroline Ellison Over FTX’s Anthropic Investment

    Sam Bankman-Fried’s defense team is preparing to question Caroline Ellison, the former CEO of Alameda Research, over FTX’s investment in AnthropicAI.

    Circle Begins Native Minting of USDC Stablecoin on Layer-2 Scaling Solution Polygon

    Circle, the stablecoin issuer, has announced its plans to begin minting USD Coin (USDC) directly on the Polygon network.

    Bitcoin Ordinals Marketplace Ordswap Hit With Phishing Attack

    Bitcoin Ordinals marketplace Ordswap has lost control of its official domain, resulting in temporarily shutting down operations. 

    Crypto Market Capitalization Rose 46% in H1 2023 But Still Down 48.5% From 2021 Close: KOFIU Report

    Despite a turbulent close to 2022, the South Korean cryptocurrency market appeared to have picked up momentum in 2023. 

    SBF’s Lawyers Seek To Cross-Examine Gary Wang on Counsel’s Involvement in Alameda Loans

    In the ongoing multi-billion fraud trial of the bankrupt FTX exchange, Sam Bankman-Fried (SBF) has blamed lawyers' involvement in structuring the loans issued to FTX co-founder Gary Wang by Alameda Research.

    FCA Sanctions Binance’s UK Partner RebuildingSociety.com for Financial Promotions

    Binance Marketing Partner Rebuildingsociety has been sanctioned by the UK's Financial Conduct Authority (FCA), informing them that they cannot act on behalf of Binance for financial promotions under current law.

    Coinbase Director Flags Alameda Research for Minting Nearly $40 Billion USDT in 2021

    Today, Conor Grogan, a director at Coinbase, brought attention to Alameda Research's actions concerning the Tether (USDT) stablecoin. According to blockchain data analyzed by Grogan, Alameda Research minted upwards of $39.55 billion in USDT throughout 2021, despite lacking equivalent assets under management.